News Flash
VINSSEN Secures Type Approval from KR and ABS for 150kW Marine Fuel Cell Module
VINSSEN, a maritime decarbonization technology company specializing in hydrogen fuel cells and integrated system solutions, announced that it has obtained...
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132 incidents of piracy and armed robbery against ships in Asia reported to ReCAAP Information Sharing Centre in 2025
The ReCAAP Information Sharing Centre (ISC) issued its 2025 annual report on piracy and armed robbery against ships in Asia...
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US in process of seizing Olina tanker in the Caribbean, US official says
The U.S. is in the process of seizing the Olina tanker in the Caribbean near Trinidad in the fifth such...
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Baltic index logs weekly loss on capesize, supramax weakness
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday and...
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Beyond borders: how new trade and investment corridors are reshaping global business
There is currently an unprecedented level of disruption in the global economy. This disruption stems from a combination of multiple...
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Vitol and Trafigura in talks with US on Venezuelan oil sales, sources say
Vitol and Trafigura, two of the world’s largest commodity traders, are in talks with the administration of U.S. President Donald...
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Diesel structure barely moves; refiners emerge to offer Feb spot
Asia’s diesel spot activity ticked up as refiners emerged to start their February sales, though discussions on the trading window...
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Venezuela and what to expect for energy in 2026
The new year has only just begun, and already we have seen an event with massive significance for the world...
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US says it needs to control Venezuelan oil sales indefinitely to drive change
The U.S. needs to control Venezuela’s oil sales and revenue indefinitely to stabilize that country’s economy, rebuild its oil sector...
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AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected...
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Indonesia to set 2026 coal output quota at around 600 million tons, will adjust nickel quota, minister says
Indonesia may approve a coal output quota of “more or less” 600 million metric tons in 2026 and will adjust...
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Launch of European School Competition to mark 60th Anniversary of European Shipowners
With the support of the European Commission and the 2026 Cyprus Presidency of the Council of the European Union, European...
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East Asian refiners show little interest in Venezuelan crude but watch for steep discounts
East Asian refiners, traditionally favoring light, sweet US crude from the Americas and lacking refinery setups for heavy, sour Venezuelan...
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Asia Fuel Oil: Market structure softens in volatile trading
Asia’s fuel oil market structure pared back on Thursday after showing some temporary signs of strengthening recently, data from trade...
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Iron ore rallies to multi-month high as China pledges to ease monetary policy
Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top...
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HSFO timespreads flip into backwardation
Prompt timespreads for 380-cst high sulphur fuel oil (HSFO) have flipped into a backwardated market structure as of Wednesday, after...
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Vega Reederei digitises fleet safety and cuts reporting effort by up to 80 per cent with Kaiko Systems
European ship operator Vega Reederai has revealed a significant reduction in time spent on reporting and administration tasks by up...
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MOL CEO Hashimoto’s 2026 New Year Message- Management Plan ‘BLUE ACTION 2035’ Toward Phase 2
MOL President & CEO Takeshi Hashimoto delivered the following “2026 New Year Message” to all MOL Group officers and employees...
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Evergreen Confirms Fleetwide Rollout Of Inmarsat Nexuswave
Taiwan’s largest container line standardises on Inmarsat’s high-speed, bonded, secure-by-design, connectivity service to enhance crew experience and accelerate digitalisation. Evergreen...
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Lila Global Joins INTERTANKO, Strengthening Commitment to Quality Tanker Shipping
Lila Global, a ship owner operating crude oil and chemical/product tankers, has joined the International Association of Independent Tanker Owners...
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