News Flash
Tanker markets face summer weakness after rollercoaster ride amid conflicts
Categories: News Flash
Date: Jul 01, 2025
Oil shipping rates are facing downward pressure from seasonal demand weakness after experiencing the...
Baltic Index Falls To Near 3-Week Low On Weaker Capesize Rates
Categories: News Flash
Date: Jul 01, 2025
The Baltic Exchange’s main sea freight index slipped to an almost three-week low on Monday, pressu...
DG Shipping, decisive action ends a major humanitarian crisis at sea — laying the groundwork for resolving similar abandonment cases worldwide
Categories: News Flash
Date: Jul 01, 2025
A long-standing case of crew abandonment due to a legal deadlock has finally been resolved, thanks t...
9 Indonesian Seafarers are going back home after one year of arrest and detention onboard Senser 1 at Mumbai anchorage due to a legal court order
Categories: News Flash
Date: Jun 30, 2025
This happened because DG Shipping, Govt. of India took bold initiative with support from Industry, N...
Nigeria’s Dangote aims to end Africa’s fertilizer imports
Categories: News Flash
Date: Jun 30, 2025
Africa will be self-sufficient in fertilizer within 40 months, Nigerian billionaire Aliko Dangote sa...
TOP Ships Announces Approval of Listing on the Nasdaq Capital Market for Spin-Off of Rubico Inc.
Categories: News Flash
Date: Jun 30, 2025
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vesse...
China’s rare earths are flowing again, but not freely
Categories: News Flash
Date: Jun 30, 2025
The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magn...
World’s first pure ammonia-fueled demonstration vessel completes maiden voyage in China
Categories: News Flash
Date: Jun 30, 2025
The world’s first pure ammonia-powered demonstration vessel, the “Anhui,” successfully complet...
Vietnam emerges as key demand hub as top buyers cut back on thermal coal imports
Categories: News Flash
Date: Jun 30, 2025
As coal giants China and India scale back seaborne thermal coal purchases due to robust domestic pro...
Pakistan approves $42 million to transform ship-breaking yard into ‘model green facility
Categories: News Flash
Date: Jun 30, 2025
Pakistan’s government has approved Rs12 billion [$42 million] to transform a key ship-breaking yar...
Vessels near Strait of Hormuz transmit unusual messages to prevent attacks
Categories: News Flash
Date: Jun 30, 2025
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in ...
Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption
Categories: News Flash
Date: Jun 30, 2025
As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, a...
Crude Tanker Markets to Remain Supported from Oil Market Fundamentals
Categories: News Flash
Date: Jun 30, 2025
The crude tanker markets are expected to remain supported from the long term oil market fundamentals...
Asia Distillates Markets ease; S. Korea refiners sell more than 21 gasoil cargoes for July
Categories: News Flash
Date: Jun 28, 2025
Asia’s middle distillates markets eased from a week earlier on Friday with a regional supply delug...
Oil market reflects slim chance of supply disruption, Goldman analysts say
Categories: News Flash
Date: Jun 28, 2025
Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is...
Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price
Categories: News Flash
Date: Jun 28, 2025
The conflict in the Middle East has led many insurance underwriters in the maritime shipping market ...
Asian refiners weigh crude stockpiling amid Middle East tensions, trade flow stable
Categories: News Flash
Date: Jun 28, 2025
Refiners across Asia are reassessing the need to bolster their emergency crude reserves amid rising ...
US says deal with Beijing will expedite rare earth exports from China
Categories: News Flash
Date: Jun 28, 2025
The United States has reached an agreement with China on how to expedite rare earth shipments to the...
China signs first Argentine soymeal deal under threat of US trade war disruptions
Categories: News Flash
Date: Jun 28, 2025
Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine im...
LR: Hong Kong Convention brings new recycling challenges for shipowners
Categories: News Flash
Date: Jun 28, 2025
With the Hong Kong Convention on ship recycling taking effect, a new webinar series aims to guide sh...
Gulf shipping costs drop as Israel-Iran ceasefire holds
Categories: News Flash
Date: Jun 28, 2025
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between I...
China Iron Ore Imports on the Weaker Side This Year
Categories: News Flash
Date: Jun 28, 2025
China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its lates...
Critical minerals drive a boon for ship operators
Categories: News Flash
Date: Jun 28, 2025
The oceans have long been central to global trade, but a recent directive from Washington is poised ...
Energy access improving, but international financial support still needed to boost progress and address disparities
Categories: News Flash
Date: Jun 27, 2025
New report urges scaled-up tailored financial support for decentralized renewable energy to reach 66...
Maersk launches “Maersk Trade & Tariff Studio” helping global supply chains navigate tariff volatility and complexity
Categories: News Flash
Date: Jun 27, 2025
A.P. Moller – Maersk announces the launch of “Maersk Trade & Tariff Studio”, a new digital...
US allows ethane to be loaded and shipped to China, but not unloaded, letter says
Categories: News Flash
Date: Jun 27, 2025
The U.S. sent letters to Enterprise Products and Energy Transfer (NYSE:) on Wednesday informing the ...
The Bahamas Maritime Authority Celebrates 30 Years of Excellence
Categories: News Flash
Date: Jun 27, 2025
This year marks a significant milestone for The Bahamas Maritime Authority (BMA) as it proudly celeb...
EU prosecutors uncover criminal scheme involving Chinese imports via Greece
Categories: News Flash
Date: Jun 27, 2025
European prosecutors have uncovered a criminal scheme involving false documentation of Chinese impor...
Iran: Is the cost of closing the Strait of Hormuz too high?
Categories: News Flash
Date: Jun 27, 2025
For a few days, the world held its breath. It seems the conflict between Israel, the US and Iran is ...
ICS and European Shipowners | ECSA welcome the Hong Kong Convention entering into force globally
Categories: News Flash
Date: Jun 27, 2025
The International Chamber of Shipping (ICS) and European Shipowners | ECSA welcome the Hong Kong Int...
Ship recycling could double to 16,000 ships over the next 10 years
Categories: News Flash
Date: Jun 27, 2025
As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships ...
Flettner rotors, green fuels and pools: The path forward for FuelEU Maritime compliance
Categories: News Flash
Date: Jun 27, 2025
Since the 1st of January 2025, shipowners have faced new, strict restrictions on greenhouse gas (GHG...