News Flash
VLSFO spot premium inches up on more trading momentum
Categories: News Flash
Date: Apr 17, 2025
Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after ...
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
Categories: News Flash
Date: Apr 17, 2025
The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current condition...
Agreement Reached on New Global Minimum Wage for Seafarers
Categories: News Flash
Date: Apr 17, 2025
The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiati...
Ship Recycling Unchanged After Eid Holidays
Categories: News Flash
Date: Apr 17, 2025
Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best ...
Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast
Categories: News Flash
Date: Apr 17, 2025
Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and ...
Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag
Categories: News Flash
Date: Apr 17, 2025
Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five ...
WinGD X-EL wins first hybrid integration project for wind-assisted vessels
Categories: News Flash
Date: Apr 17, 2025
Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT...
V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers
Categories: News Flash
Date: Apr 17, 2025
V., the global ship manager and marine services provider, has been awarded the full technical and cr...
China is set to import more Russian LNG in 2025, ambassador says
Categories: News Flash
Date: Apr 17, 2025
China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassado...
Trump tariffs to trigger seismic trade shifts
Categories: News Flash
Date: Apr 16, 2025
The spectre of significant US import tariffs, reintroduced and expanded under a second Trump adminis...
The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation
Categories: News Flash
Date: Apr 16, 2025
SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework ...
INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures
Categories: News Flash
Date: Apr 16, 2025
At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member Stat...
Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard
Categories: News Flash
Date: Apr 16, 2025
The Maritime and Port Authority of Singapore (MPA) was alerted at about 1:30pm on 14 April 2025 that...
Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606
Categories: News Flash
Date: Apr 16, 2025
Damen Shipyards Group has signed a contract with Istanbul-based Arena Offshore A.S. for the local co...
DataMondial launches new AI-driven service for processing ocean freight rates
Categories: News Flash
Date: Apr 16, 2025
DataMondial, a leading player in the world of data and document processing, proudly announces the la...
Italian tycoon emerges as lead investor for CK Hutchison ports
Categories: News Flash
Date: Apr 16, 2025
Italian billionaire Gianluigi Aponte’s family-run business is emerging as the lead investor of a g...
Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE
Categories: News Flash
Date: Apr 16, 2025
Japan’s crude imports have been on a decline from 2022 to 2024. This was due to a confluence of fa...
Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare
Categories: News Flash
Date: Apr 16, 2025
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat...
ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers
Categories: News Flash
Date: Apr 16, 2025
The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some...
Supply chain fraud – the dangers of granting extended credit
Categories: News Flash
Date: Apr 15, 2025
Fraudulent strategies can prove extremely profitable to the international criminal fraternity and th...
South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China
Categories: News Flash
Date: Apr 15, 2025
U.S. President Donald Trump signed an executive order on April 9 (local time) to sanction Chinese cr...
Iran: Nearly 235m tons of cargo handled at ports in a year
Categories: News Flash
Date: Apr 15, 2025
Iran’s ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025,...
Gateway Terminals India signs MoU launching Skill Development Programme
Categories: News Flash
Date: Apr 15, 2025
Gateway Terminals India (GTI) – also known as APM Terminals Mumbai – has signed a Memorandum of ...
Seawork launches a new membership for commercial marine professionals
Categories: News Flash
Date: Apr 15, 2025
Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork...
Why Genco’s CEO Is Considering Pulling Out of U.S. Ports
Categories: News Flash
Date: Apr 15, 2025
John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t k...
Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships
Categories: News Flash
Date: Apr 15, 2025
Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating ...
Container Freight Volatility Rises Amid Trade Disruptions
Categories: News Flash
Date: Apr 15, 2025
The container freight market is undergoing significant changes that could have major implications fo...
Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations
Categories: News Flash
Date: Apr 15, 2025
Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership wi...
Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization
Categories: News Flash
Date: Apr 15, 2025
Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement mark...
US-China tariff hikes affect Polish container terminal sale
Categories: News Flash
Date: Apr 14, 2025
When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-base...
Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours
Categories: News Flash
Date: Apr 14, 2025
As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Comm...
Tankers: VLCC Market Keeps Trending Downwards
Categories: News Flash
Date: Apr 14, 2025
Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS25...