News Flash
CMT Urges Urgent Shift To Advanced Monitoring As Machinery Failures And Fires Increase
Categories: News Flash
Date: Jun 19, 2025
The maritime industry is facing a sharp rise in machinery failures and engine-room incidents that mo...
Former Iranian minister calls for Iranian control over Strait of Hormuz
Categories: News Flash
Date: Jun 19, 2025
Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only tr...
HSFO premium dips further while VLSFO holds steady
Categories: News Flash
Date: Jun 19, 2025
Spot premiums for high sulphur fuel oil (HSFO) fell for a second straight day in Asia, while very lo...
Gard leads hull cover for vessel involved in collision near Strait of Hormuz
Categories: News Flash
Date: Jun 19, 2025
Gard is the lead insurer on the hull cover for oil tanker Front Eagle, which caught fire after a col...
Strait of Hormuz oil flows at risk amid Israel-Iran tensions
Categories: News Flash
Date: Jun 19, 2025
The Strait of Hormuz is a key waterway that lies between Oman and Iran, and connects the Persian Gul...
Rapid WAPS uptake driven by stricter emission regulations and industry innovation, DNV says
Categories: News Flash
Date: Jun 19, 2025
DNV’s whitepaper explores the design and operational factors influencing WAPS fuel savings and pro...
Marine war risk rates increase to 0.7% for Israel following Iran escalation
Categories: News Flash
Date: Jun 19, 2025
Marine war risk rates for ships transiting Israeli waters have spiked to around 0.7% following the e...
Oil tanker market signals more Middle East energy disruption ahead
Categories: News Flash
Date: Jun 19, 2025
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil...
Global dry bulk fleet set to drop 22% in young tonnage by 2028
Categories: News Flash
Date: Jun 19, 2025
The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the...
Middle East Tensions Further Hurt Ship Recycling Activity
Categories: News Flash
Date: Jun 19, 2025
The ship recycling market was further hampered by the developments of the past week and the escalati...
Ocean Network Express strengthens global capacity as latest newbuilding, ONE Singapore, joins fleet
Categories: News Flash
Date: Jun 18, 2025
Ocean Network Express (“ONE”) announced today the naming of ONE Singapore, the sixth vessel in a...
EU readies ban on Russian gas imports by end of 2027
Categories: News Flash
Date: Jun 18, 2025
The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefie...
Three scenarios for the Israel-Iran crisis and the impact on the global economy
Categories: News Flash
Date: Jun 18, 2025
The global petrochemical industry, as a first flagged up in early 2022 and discussed again last week...
China builds a crude oil war chest amid Middle East tensions
Categories: News Flash
Date: Jun 18, 2025
China is continuing to build up crude oil stockpiles as it refines substantially less than what it h...
KR and HD Hyundai Samho Join Forces to Bring AI into Ship Design
Categories: News Flash
Date: Jun 18, 2025
KR (Korean Register) signed a memorandum of understanding (MOU) with HD Hyundai Samho on June 11 to ...
Threatened closure of the Straits of Hormuz
Categories: News Flash
Date: Jun 18, 2025
The UK Maritime Trade Operations (UKMTO) warned of rising tensions in the Gulf Region and urged vess...
Asian tanker freight hits 2025 highs as Israel-Iran tensions spark fears of ship attacks
Categories: News Flash
Date: Jun 18, 2025
Asian tanker freight rates rose to year-to-date highs on June 17, as owners secured significant war ...
Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Tanker Shipping Industry
Categories: News Flash
Date: Jun 18, 2025
Escalating tensions between Iran and Israel are analyzed for their potential effects on global energ...
More Newbuilding Contracts for Dry Bulk Carriers
Categories: News Flash
Date: Jun 18, 2025
Ship owners were quite active in the dry bulk newbuilding market last week. In its latest weekly rep...
Impact Of Hypothetical Closure Of The Strait Of Hormuz On Multipurpose Shipping
Categories: News Flash
Date: Jun 18, 2025
The closure of the Strait of Hormuz is highly unlikely due to its crucial role in connecting Gulf Co...
IMRF and Lloyd’s Register Foundation partner to lead a strategic review of global maritime search and rescue systems
Categories: News Flash
Date: Jun 17, 2025
The International Maritime Rescue Federation (IMRF), in partnership with Lloyd’s Register Foundati...
Pacific Basin Enhances Fleet Operations And Crew Welfare With Inmarsat Nexuswave
Categories: News Flash
Date: Jun 17, 2025
Inmarsat Maritime, a Viasat company, has signed an agreement with Pacific Basin Shipping Limited, on...
Cargo Integrity Group highlights cargoes that can compromise supply chain safety
Categories: News Flash
Date: Jun 17, 2025
In addition to promoting sound packing and shipping practices, the Cargo Integrity Group aims to inc...
Israel-Iran tensions could boost shipping rates, favoring HMM and Pan Ocean
Categories: News Flash
Date: Jun 17, 2025
As Israel and Iran exchange airstrikes, geopolitical tensions in the Middle East are rising. If the ...
Lloyd’s List Intelligence Launches Emissions Performance Data in Seasearcher, in Partnership With Siglar Carbon
Categories: News Flash
Date: Jun 17, 2025
Lloyd’s List Intelligence today announces the launch of integrated emissions performance data in S...
RINA Hellenic Technical Committee Highlights Innovation, Growth, and Decarbonization at Athens Meeting
Categories: News Flash
Date: Jun 17, 2025
The recent meeting of the RINA Hellenic Technical Committee (HTC) convened maritime leaders in Vouli...
Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint
Categories: News Flash
Date: Jun 17, 2025
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman...
Middle East conflict slows tanker bookings, lifts rates
Categories: News Flash
Date: Jun 17, 2025
The costs of chartering tankers to move oil from the Middle East to Asia have climbed and ship booki...
Iran may attack Red Sea, Persian Gulf ships defending Israel
Categories: News Flash
Date: Jun 17, 2025
Iran will target ships, naval vessels and military bases near the Persian Gulf and Red Sea linked to...
Russia slowly restarts gas flows to Europe via TurkStream as maintenance nears completion
Categories: News Flash
Date: Jun 17, 2025
Russian gas supplies via the Black Sea’s TurkStream pipeline to Europe have been slowly restarting...
Adani’s Haifa Port unaffected by Iranian Missile Strikes, Operations Normal
Categories: News Flash
Date: Jun 16, 2025
JERUSALEM : Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by th...
The mother of ports fights hard to come out of troubled waters
Categories: News Flash
Date: Jun 16, 2025
MUMBAI: The proposed Vadhavan Port in Maharashtra, projected to be three times larger than Jawaha...