News Flash
Baltic Dry Index at Over 1-Month Low
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for the seventh...
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Bureau Veritas brings together industry leaders at Posidonia to explore the future of maritime digitalization
The session, “HowBureau Veritas’ Digital Solutions Reduce Risk, Lower Cost & Enhance Asset Value”, brought together a diverse collection of...
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Strait of Hormuz disruption threatens extended decline in global tanker demand
Maritime disruptions through the Strait of Hormuz are reshaping global oil trade flows in ways that could threaten extended declines...
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Dry Bulk Market: Capesize Market Softening
Capesize The market closed the week on a softer footing, with the BCI 182 5TC easing from just under $50,000...
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DP World Launches Nuclear Energy Study at Port of Constanta in Romania
DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and...
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Suez, Panama canals charge for transit. Why can’t Hormuz?
Iran has been widely condemned for demanding up to $2 million for vessels to ship through the Strait of Hormuz....
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Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade
The sea is sometimes so tranquil that Captain Hassan Khan forgets his ship has been stuck in the middle of...
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Why Customs Enforcement Is Moving from Document Screening to Behavioral Intelligence
The Screening Model Customs Was Built On No Longer Holds For most of the last twenty years, customs enforcement has...
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Panama Canal Announces Draft Adjustment for Neopanamax Vessels
The Panama Canal announced through an advisory to shipping companies that, effective July 1, the maximum authorized draft for vessels...
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Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop
ARA and Europe Rotterdam’s B30-VLSFO (POMEME) price has shown a slight increase of $9/mt over the week. The port’s conventional...
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Carriers announce peak season surcharges on demand surge ahead of fresh US tariffs
Container shipping majors are out with peak season surcharges for mid-June and early-July, driven by soaring demand amid an early...
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Sanctioned tanker scrapping could offset large order book: operators
Whether a large newbuild order book would weigh on tanker rates could depend on the pace of shadow-fleet scrapping and...
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Greek shipowners work with Japan, Liberia on new IMO bunker rules
The Union of Greek Shipowners has reached out to Liberia and Japan to work on alternative proposals to the International...
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Steamship Mutual Publishes 2026 Management Highlights, Demonstrating Strength, Stability and Member Focus in a Challenging Market
Steamship Mutual has released its Management Highlights 2026, showcasing a year defined by resilience, disciplined decision-making and unwavering support for...
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MPA and MSC Sign Memorandum of Understanding to Advance Sustainable and Digital Maritime Development
The Maritime and Port Authority of Singapore (MPA) and MSC Mediterranean Shipping Company have signed a Memorandum of Understanding (MOU)...
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DNV awards AiP to HD Hyundai Heavy Industries for independent Type B LPG cargo tank design for VLGCs
DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for their independent Type B LPG...
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Posidonia 2026: The Port of Thessaloniki is being upgraded – Strong presence of ThPA S.A. at the leading gathering of the global shipping community
The landmark gathering of global shipping, currently taking place in Athens, brings leading representatives of the international maritime industry to...
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Eutelsat and Tototheo Global sign partnership agreement for Maritime, Enterprise and Government connectivity
Eutelsat and Tototheo Global, a leading provider of maritime technology and connectivity solutions, have signed a new partner agreement for...
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ABS Grants Approval for Nuclear Reactor Integration in Vessel Design Developed Through MIT Maritime Consortium
ABS issued approval in principle (AIP) for the integration of a nuclear reactor into a cargo vessel propulsion system developed...
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India’s bunker fuel demand rises in May amid improved supply, competitive prices
India’s bunker fuel demand strengthened in May, supported by improved product availability and competitive pricing that stimulated buying interest, market...
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