News Flash

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‘Operation Akhal’: One Terrorist Killed in Ongoing Encounter in J&K's Kulgam

Categories: News Flash, Daily updates

Date: Aug 02, 2025

NEW DELHI: A terrorist was killed in an ongoing encounter between security forces and militants in t...

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Trump Reacts to Reports of India Halting Russian Oil Imports, Calls It a 'Good Step'

Categories: News Flash

Date: Aug 02, 2025

Former US President Donald Trump on Saturday commented on unconfirmed reports that India may have st...

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Pan Ocean’s Q2 Operating Profit at 123 Billion Won, Down 9% Year-on-Year

Categories: News Flash

Date: Aug 02, 2025

Pan Ocean announced on July 31 that its sales for the first half of this year increased by 21.6% yea...

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GTT completes the acquisition of Danelec and strengthens its leadership in maritime digitalization

Categories: News Flash

Date: Aug 02, 2025

GTT, a technology and engineering group specialising in containment systems for liquefied gases, tod...

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Panama communities challenge canal expansion project in Supreme Court

Categories: News Flash

Date: Aug 02, 2025

Communities in Panama that would have to relocate under the Panama Canal’s plan to build a $1.6 bi...

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No impact on LNG exports, NWS condensate cargoes after earthquake off Russia: sources

Categories: News Flash

Date: Aug 02, 2025

Australian LNG exports and North West Shelf condensate cargoes were not seen impacted by the powerfu...

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Russian LNG exports fell 4.5% year-on-year in January-July, data shows

Categories: News Flash

Date: Aug 02, 2025

Russia’s exports of liquefied natural gas in January-July this year declined by 4.5% from a year e...

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Eco Marine Power Launches Evaluation of Advanced Solar Power System and Solar Module Technologies Onboard Ship

Categories: News Flash

Date: Aug 02, 2025

Eco Marine Power Co., Ltd. (Eco Marine Power) announced today that it has commenced evaluation trial...

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VLSFO softens further, hi-5 spread narrows

Categories: News Flash

Date: Aug 02, 2025

Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spre...

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Columbia Group calls for overhaul of maritime training to safeguard shipping’s future

Categories: News Flash

Date: Aug 02, 2025

Columbia Group is calling for urgent reforms in maritime education to address a growing shortage of ...

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Greek Shipping Remains the Global Leader with 5,700 Vessels

Categories: News Flash

Date: Aug 02, 2025

The Union of Greek Shipowners published today its 2024-2025 Annual Report, which presents detailed s...

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Baltic Index Records Worst Week In More Than A Month

Categories: News Flash

Date: Aug 02, 2025

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk com...

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Indian state refiners pause Russian oil purchases, sources say

Categories: News Flash

Date: Aug 01, 2025

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this mo...

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MCTC confirms commitment to sustainability with innovative nutritional values and carbon emission reporting tools

Categories: News Flash

Date: Aug 01, 2025

As global expectations grow for health-conscious and environmentally responsible operations, leading...

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Voyager Secures Strategic Funding From Singapore’s Motion Ventures

Categories: News Flash

Date: Aug 01, 2025

Maritime software company Voyager Portal has secured strategic funding from Singapore-based venture ...

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US sanctions fourth Chinese port operator, 19 other entities for facilitating Iranian oil exports

Categories: News Flash

Date: Aug 01, 2025

The US State Department said July 30 it would impose sanctions on 20 entities it believes are engage...

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Panama auditor files suit to scrap CK Hutchison-controlled port contract

Categories: News Flash

Date: Aug 01, 2025

Panama’s comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation’s S...

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BSM to launch its first methanol bunkering simulator to prepare seafarers for a low-carbon future

Categories: News Flash

Date: Aug 01, 2025

As the global shipping industry moves rapidly toward decarbonization, Bernhard Schulte Shipmanagemen...

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On-going Analysis of High Consequence Hazards in Cargo Handling Pinpoints Risks of Worker Fatalities

Categories: News Flash

Date: Aug 01, 2025

In a unique analysis of near 500 incidents involving shore workers over the last twenty-five years, ...

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Shipping Decarbonization: New Regulations New “Headaches”

Categories: News Flash

Date: Aug 01, 2025

The road towards shipping’s decarbonization was never supposed to be straightforward and this prov...

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Dry Market Monitor: Spotlight on Capesize Tonne Days to the Far East and C3 Market Rates

Categories: News Flash

Date: Aug 01, 2025

This week’s Chart Monitor highlights a continued upward trend in tonne-day growth for the Capesize...

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BIMCO’s Dry Bulk Shipping Market Overview & Outlook: Slowing Chinese economy threatens demand

Categories: News Flash

Date: Aug 01, 2025

We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. De...

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London P&I Club warns industry over incorrect loading of jumbo bags

Categories: News Flash

Date: Jul 31, 2025

The London P&I Club has renewed calls on ship owners, operators and charterers to address potent...

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Iron ore retreats as hopes of China stimulus recede

Categories: News Flash

Date: Jul 31, 2025

Prices of iron ore futures retreated on Wednesday as hopes of more stimulus from top consumer China ...

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Kazakhstan and Turkey discussed an increase in oil exports via BTC

Categories: News Flash

Date: Jul 31, 2025

Talks between Kazakhstan’s President Kassym-Jomart Tokayev and Turkish leader Tayyip Erdogan on Tu...

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US crude, distillate inventories rise, gasoline draw down, EIA says

Categories: News Flash

Date: Jul 31, 2025

U.S. crude oil and distillate inventories rose last week, while gasoline stockpiles fell, the Energy...

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Russian ESPO oil premiums hold firm in China despite US tariff threat

Categories: News Flash

Date: Jul 31, 2025

Premiums for ESPO Blend crude oil loading from Russia’s Kozmino port in late August to early Septe...

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Hamburg Fleet on course for climate neutrality with innovative fuels

Categories: News Flash

Date: Jul 31, 2025

With its consistent environmental strategy, Hamburg Fleet has established itself as a driver of inno...

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Econavis Secures First Reference For New Fuel-Saving Propeller Boss Cap

Categories: News Flash

Date: Jul 31, 2025

EcoNavis Solutions has secured its first commercial contract for the novel Eco Boss Cap, a proprieta...

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Speed Of Digitalization Outpacing Crew Capacity to Understand the Data

Categories: News Flash

Date: Jul 31, 2025

The shipping industry’s adoption of smart technology risks being undermined by the crew’s abilit...

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Five ports received 57% of Russian crude transported by UK-sanctioned vessels

Categories: News Flash

Date: Jul 31, 2025

The UK’s sanctions on Russian ‘shadow’ tankers have generally been effective at reducing the o...

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Trojan Cargo: The Strategic Threat of Weaponised Shipping Containers

Categories: News Flash

Date: Jul 31, 2025

Executive Summary Ukraine’s Operation Spider’s Web used containerized drones to strike deep i...