News Flash

Baltic Dry Index Edges Up

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, rose about 0.4% to 1,926 points...
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WAF crude tanker rates slide from record highs on influx of ballasters

Suezmax and Very Large Crude Carrier rates for voyages loading in West Africa have tumbled since hitting multi-decade highs during...
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Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Smart Ship Hub (SSH), a leading vessel optimisation platform, has entered a strategic partnership with maritime technology communications specialist ORBYT...
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Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers Reports Good Performance in a Challenging Year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened...
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S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of having to replace about a...
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China may resume US crude imports on supply crisis after 9-month gap: sources

Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply crisis in the Middle East,...
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War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf to be credit negative...
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MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is time to make...
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Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

India’s decision to introduce additional documentation checks before end-of-life vessels are cleared could prevent the practice of fake documents among...
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Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists

Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists

Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closure of the...
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Hormuz Strait traffic tapers amid war as tankers await passage: CAS

Hormuz Strait traffic tapers amid war as tankers await passage: CAS

The number of ships transiting the Strait of Hormuz has continued to taper since the start of the war in...
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G7 tankers gain share in Russia before US waiver for sanctioned ships

G7 tankers gain share in Russia before US waiver for sanctioned ships

A temporary US waiver has enabled sanctioned tankers to transport Russian oil, after G7-linked tanker operators increased their share in...
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Ferry Switch to Bio-LNG Significantly Reduces CO2 Emissions

Ferry Switch to Bio-LNG Significantly Reduces CO2 Emissions

TT-Line, the German ferry operator, has revealed that – working closely with Everllence PrimeServ Germany – its Ro-Ro passenger vessels,...
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KCC: CLEANBU vessel fixed on two-year time charter

KCC: CLEANBU vessel fixed on two-year time charter

A subsidiary of Klaveness Combination Carriers ASA has secured a two-year time charter for MV Bass (built 2021). The main...
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Can euro zone growth withstand the energy shock? Barclays weighs risks

Can euro zone growth withstand the energy shock? Barclays weighs risks

Euro zone economic growth faces its stiffest test in years as surging energy prices from the Middle East conflict threaten...
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Oil built the Persian Gulf. Desalinated water keeps it alive. War could threaten both

As missiles and drones curtail energy production across the Persian Gulf, analysts warn that water, not oil, may be the...
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Strait of Hormuz Spotlight: Scenario Analysis

Strait of Hormuz Spotlight: Scenario Analysis

Asharp decline in tanker transits through the Strait of Hormuz and rising floating storage in the Gulf signal a shift...
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Shipping Markets Hit Record Highs: Taking Stock

Shipping Markets Hit Record Highs: Taking Stock

Shipping has again been at the “frontline” of geopolitical events, with a >90% drop in vessels transiting the Strait of...
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Tanker charterers cancel voyages, defer deals; owners seek routes outside Gulf

Trading companies and oil importers have deferred chartering for several tankers in the Persian Gulf and released those previously hired,...
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ABS and HD Hyundai to Advance Nuclear-Powered Electric Propulsion Systems for Container Ships

ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Samho Heavy Industries (HD HSHI) signed a joint...
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