News Flash
Foreign workers needed, but at what cost? Korea debates ‘metropolitan visa’ plan
President Lee Jae Myung has sparked intense debate with his comments on the “metropolitan visa” policy, aimed at supplying foreign...
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Chicago PMI signals manufacturing sector expansion, surpasses expectations
The Chicago Purchasing Managers’ Index (PMI), a key indicator of the economic health of the manufacturing sector in the Chicago...
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Samsung Heavy Industries resumes bonuses as profits surge on premium ship orders
Samsung Heavy Industries will pay performance bonuses for the first time in 12 years. The move comes as results improved...
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Panama Canal ports will keep operating after court finds concession unconstitutional, president says
Panama’s president moved to assure the public on Friday that critical ports at both ends of the Panama Canal will...
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Hong Kong ‘firmly rejects’ court ruling cancelling concession on operating Panama ports
The court’s ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the concession granted...
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Seeing early shipowner interest in e-methanol offtake – Reolum
Some shipping companies want to secure e-methanol supply “ahead of the competition spike foreseen by 2030–2032,” Yann Dumont, Chief Executive...
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China’s Copper Concentrate Imports Hit Record High in 2025, Yet Geopolitical Risks Threaten Supply Chain
In 2025, China’s total copper concentrate imports exceeded 30 million tons, yet geopolitical risks intensified supply chain shifts.] It is...
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Panama Canal Publishes Prequalification Documents for Port Initiatives and Energy Pipeline
The Panama Canal Authority published today, the prequalification documents for two strategic initiatives. These include the development of an energy...
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HD Korea Shipbuilding wins order for 2 LCO2 carriers from Japanese shipping company
HD Korea Shipbuilding & Offshore Engineering, the shipbuilding subholding company of HD Hyundai, said Friday it has secured an order...
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“K” LINE enters into Time Charter with Northern Lights for a newly built Liquefied CO2 Carrier and will be awarded an additional vessel contract in April 2026 for Northern Lights Project
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that Northern Lights JV DA (Northern Lights) has awarded the...
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Worried families in India urge return of crew on ship seized by Iran
The families of 16 Indian seafarers held in Iran since December say they are anxious about the fate of their...
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Panama voids Hong Kong-based firm’s canal port contracts
Panama’s Supreme Court has annulled contracts allowing a Hong Kong-based company to operate container ports on the Panama Canal. The...
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ITF warns seafarer abandonment has reached record levels
Seafarer abandonment has reached its highest level on record, with new figures from the International Transport Workers’ Federation (ITF) revealing...
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Limited biofuel bunker traction across the Americas
There have been pockets of biofuel bunkering progress in the Americas over the past year, but uptake remains sparse and...
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East/West HSFO paper spread nears 4-year high as West weakens, Singapore tightens
The East/West swap spread for high sulfur fuel oil climbed to its strongest level in nearly four years, reflecting a...
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Baltic Dry Index at Over 1-Month High, Posts Monthly Gain
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, soared about 7.3% to the highest...
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Wärtsilä electric propulsion solution selected for third Molslinjen high-speed ferry
Technology group Wärtsilä will supply a fully integrated electric propulsion system with waterjets for a new high-speed catamaran ferry being...
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IMLI students learn to turn IMO instruments into national law
Limited national capacity to draft strong maritime laws often undermines the effective implementation of IMO instruments, according to findings of...
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Columbia Group appoints Ulla Eithz Nielsen to newly created Deputy COO role
Columbia Group has appointed Ulla Eithz Nielsen as Deputy Chief Operating Officer, further strengthening its executive leadership as the group...
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Tanker with Russian oil products loses steering off Spanish coast
A Mozambique-flagged tanker with Russian oil is drifting off Almería’s coast. Environmentalists are concerned about potential spills impacting marine life...
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