News Flash

DNV: Maritime Safety Trends 2014-2024

DNV: Maritime Safety Trends 2014-2024

In a fast-evolving maritime industry, safety must remain a priority, says Knut-Ørbeck Nilssen, CEO, DNV Maritime. These are exciting and...
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Asia Fuel Oil: Premiums edge higher, trading momentum retains pace

Asia Fuel Oil: Premiums edge higher, trading momentum retains pace

Cash premiums for fuel oil climbed in Asia on Tuesday as trading momentum retained its robust pace in recent sessions....
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ADNOC L&S sees ‘integral’ role for Integr8 in alternative bunker supplies

ADNOC L&S sees ‘integral’ role for Integr8 in alternative bunker supplies

ADNOC Logistics and Services will aim to ramp up supplies of alternative marine fuels in the UAE and beyond via...
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US ocean container imports tumble in May as China tariffs take hold

US ocean container imports tumble in May as China tariffs take hold

U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President...
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China May iron ore imports fall on expectations of seasonally slow demand

China May iron ore imports fall on expectations of seasonally slow demand

China’s iron ore imports in May missed expectations, dropping 4.9% from April, as mills exercised caution in buying seaborne cargoes...
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INTERCARGO Bulk Carrier Casualty Report 2025: Safety gains continue but security threats emerge

INTERCARGO Bulk Carrier Casualty Report 2025: Safety gains continue but security threats emerge

INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk carrier safety, with vessel losses and fatalities...
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Baltic Index Slips From Seven-Month Peak On Lower Capesize Rates

Baltic Index Slips From Seven-Month Peak On Lower Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, dipped on Tuesday due...
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Statutory alert – Requirements of Hong Kong Ship Recycling Convention (HKSRC) 2009 come into effect

Statutory alert – Requirements of Hong Kong Ship Recycling Convention (HKSRC) 2009 come into effect

Ships flying the flag of a party to the Convention, and ship recycling facilities in countries that are parties to...
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Asia-US container rates jump on tight capacity, high demand amid tariff pause

Asia-US container rates jump on tight capacity, high demand amid tariff pause

Rates for shipping containers from Asia to the US spiked again this week – and have almost doubled over the...
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World Shipping Council Statement on World Ocean Day 2025

World Shipping Council Statement on World Ocean Day 2025

On this World Ocean Day, we celebrate the immense value of the Ocean – a source of life, food, energy,...
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Saving the ocean is a test of multilateralism: IMO Secretary-General

Saving the ocean is a test of multilateralism: IMO Secretary-General

Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger,...
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Regulation sparks muted optimism for marine decarbonization

Regulation sparks muted optimism for marine decarbonization

Fresh regulation has given a limited boost to maritime decarbonization as shipping grapples with high renewable fuel prices, and as...
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New data resource tracks global LNG liquefaction capacity additions as markets gear up for record wave of new projects

New data resource tracks global LNG liquefaction capacity additions as markets gear up for record wave of new projects

After a period of crisis, tight supply conditions and heightened price volatility, the global natural gas market is expected to...
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Spain’s imports of Venezuelan oil dry up ahead of US sanctions deadline

Spain’s imports of Venezuelan oil dry up ahead of US sanctions deadline

Spain didn’t import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald...
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Russian oil shipments hit seven-month high in May as Urals stays below cap

Russian oil shipments hit seven-month high in May as Urals stays below cap

Russia’s seaborne oil exports rose to a seven-month high in May as OPEC+ producers boosted output and falling prices for...
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LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design

LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design

Lloyd’s Register (LR), HD Hyundai Mipo Dockyard Co., Ltd (HMD) and PanOcean have signed a Joint Development Project (JDP) agreement...
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ABS Approves Ammonia Cracking Technology for Ships from Pherousa

ABS Approves Ammonia Cracking Technology for Ships from Pherousa

ABS issued approval in principle (AIP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane...
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Ethanol Makes Its Case In Maritime Decarbonisation

Ethanol Makes Its Case In Maritime Decarbonisation

In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions...
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Ship Recycling Activity Under the Hong Kong Convention Influence

Ship Recycling Activity Under the Hong Kong Convention Influence

The impending enforcement of the Hong Kong Convention is bringing some turbulence in the ship recycling market, as compliance is...
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Newbuilding orders plunge amid regulatory and geopolitical uncertainty

Newbuilding orders plunge amid regulatory and geopolitical uncertainty

New orders declined sharply in the first few months of 2025, reaching historically low levels, as shipowners avoid long-term investment...
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