News Flash
Korea anticipates rise in LNG carrier orders as aging vessels decommissioned
Categories: News Flash
Date: Jul 22, 2025
This year, new orders for liquefied natural gas (LNG) have decreased, while the dismantling of aging...
Ripple effects of US tariffs and geo-political turmoil continue to spread across ocean container shipping
Categories: News Flash
Date: Jul 22, 2025
President Trump threw a rock into the already turbulent waters of ocean container shipping when he a...
Dry Bulk Market: China’s Property Market Woes to Hurt Demand for Dry Bulk Carriers
Categories: News Flash
Date: Jul 22, 2025
The current Chinese property market crisis is expected to translate to lower demand for dry bulk car...
Developments in relation to the employment of seafarers
Categories: News Flash
Date: Jul 22, 2025
We bring you two developments in relation to the employment of seafarers. Firstly, following negotia...
FuelEU Maritime: Key updates on fuel certification, methane slip, and exemptions
Categories: News Flash
Date: Jul 22, 2025
With the FuelEU Maritime regulation in force, questions around reporting requirements, fuel allocati...
MPCC Continues Fleet Renewal with Newbuild Orders, Long-Term Charters, Portfolio Optimization and Expands Financing Universe
Categories: News Flash
Date: Jul 21, 2025
MPC Container Ships is pleased to announce a company update, including a series of strategic initiat...
European diesel prices spike on Russian sanctions, shortage concerns
Categories: News Flash
Date: Jul 21, 2025
The European diesel market surged during afternoon trading on July 18 following the EU’s announcem...
Yang Ming Orders LNG Dual-Fuel Vessels from Hanwha Ocean Advancing its Fleet Optimization Plan
Categories: News Flash
Date: Jul 21, 2025
As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation (“Yang Ming...
South Africa advances plans to decarbonize shipping sector
Categories: News Flash
Date: Jul 21, 2025
South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans t...
Concirrus Expands ESG Adoption with Hellenic Hull Partnership
Categories: News Flash
Date: Jul 21, 2025
Concirrus is set to lead the transformation of ESG-focused underwriting, with Hellenic Hull becoming...
A Hull Lot Greener: How Shipping Is Seeking To Reduce Its Carbon Footprint
Categories: News Flash
Date: Jul 21, 2025
Maritime transport is crucial for global trade, accounting for 80% of trade volume,1 but contributin...
Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say
Categories: News Flash
Date: Jul 21, 2025
Greek tanker operators shipping approved Russian oil exports are expected to continue doing so despi...
LNG tankers become stranded assets as demand collapses, say environmental groups
Categories: News Flash
Date: Jul 21, 2025
Environmental groups raise alarm over the news that nearly 60 LNG Tankers are sitting idle amid coll...
Tanker Market Monitor: Rising U.S. pressure on Russian oil buyers is prompting China and India to reduce imports and diversify supply
Categories: News Flash
Date: Jul 21, 2025
Indian import volumes show a more modest decline: quarterly volumes were nearly flat versus Q1 202...
Tanker Market: New Markets Emerging in Asia
Categories: News Flash
Date: Jul 21, 2025
The tanker market can’t keep relying on China’s imports, which have been a major growth factor d...
At least one US LNG cargo diverted to Japan amid low inventory concern: CAS
Categories: News Flash
Date: Jul 17, 2025
At least one US LNG cargo has been diverted to Japan from South Korea recently for delivery at end-J...
Decarbonization Deja Vu: Columbia Group warns ship owners risk paying twice to go green
Categories: News Flash
Date: Jul 17, 2025
The global shipping industry faces the prospect of “decarbonization deja vu” as it braces for ov...
India’s GAIL in initial talks for long-term LNG deal with Alaska LNG, sources say
Categories: News Flash
Date: Jul 17, 2025
India’s state-run GAIL is in initial talks to buy liquefied natural gas from the proposed Alaska L...
DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines
Categories: News Flash
Date: Jul 17, 2025
DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 ...
Iran seizes foreign tanker on fuel smuggling allegations
Categories: News Flash
Date: Jul 17, 2025
Iranian authorities have seized a foreign tanker in the Gulf of Oman for smuggling 2 million liters ...
UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping
Categories: News Flash
Date: Jul 17, 2025
The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red S...
European Sustainable Transport Investment Plan – STIP: How to boost investment in clean fuels for shipping
Categories: News Flash
Date: Jul 17, 2025
Access to clean maritime fuels is a top priority for the decarbonization of the shipping sector. The...
Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns
Categories: News Flash
Date: Jul 17, 2025
In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the pr...
Pace Still Slow Across Ship Recycling Markets
Categories: News Flash
Date: Jul 17, 2025
The ship recycling market lacked momentum during the past week. In its latest weekly report, Best Oa...
PSC CIC 2025 on ballast water management and DNV’s PSC Top 18
Categories: News Flash
Date: Jul 17, 2025
This year’s Port State Control Concentrated Inspection Campaign (PSC CIC), taking place from 1 Sep...
Europe’s ports not doing enough to tackle toxic air pollution – study
Categories: News Flash
Date: Jul 16, 2025
Europe’s ports are failing to tackle toxic air pollution, a new study looking at major European po...
Autonomous ships will be a reality long before the industry is ready – and that’s a good thing
Categories: News Flash
Date: Jul 16, 2025
For years, shipping’s relationship with autonomy has been one of cautious optimism, mixed with dee...
Genco Shipping & Trading Closes New $600 Million Revolving Credit Facility, Increasing Borrowing Capacity by 50%
Categories: News Flash
Date: Jul 16, 2025
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on th...
LR Maritime Decarbonisation Hub joins the MMMCZCS as Knowledge Partner
Categories: News Flash
Date: Jul 16, 2025
The aim of the new partnership is to advance safety, drive innovation and enable the scalable adopti...
Port of Antwerp: Container growth softens impact of declining bulk traffic and congestion in first half of 2025
Categories: News Flash
Date: Jul 16, 2025
In the first six months of 2025, the total throughput of Port of Antwerp-Bruges was 137.2 million to...
Most of the planned coal capacity retirements are in the Midwest or Mid-Atlantic regions
Categories: News Flash
Date: Jul 16, 2025
Based on what power plant owners and operators have reported to EIA, the total operating capacity of...
Skuld CEO worried about shadow fleet’s lack of insurance cover
Categories: News Flash
Date: Jul 16, 2025
Skuld CEO Stale Hansen has called on Western sanction authorities to address shipping industry conce...