News Flash

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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,...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

Categories: News Flash

Date: Apr 14, 2025

The International Maritime Organization (IMO) concluded its latest round of climate negotiations wit...

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Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Categories: News Flash

Date: Apr 14, 2025

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, w...

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BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

Categories: News Flash

Date: Apr 14, 2025

In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Commi...

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XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

Categories: News Flash

Date: Apr 14, 2025

Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain fla...

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IMO approves net-zero regulations for global shipping

Categories: News Flash

Date: Apr 14, 2025

The International Maritime Organization (IMO) has achieved another important step towards establishi...

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Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels

Categories: News Flash

Date: Apr 14, 2025

The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement...

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Oil Demand Headwinds Could Take a Toll on Tankers

Categories: News Flash

Date: Apr 14, 2025

The tanker market could be faced with increased pressure, amid a trade war and tariff-hit global eco...

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HD Hyundai and Hanwha Eye Acquisition of Subic Shipyard in Strategic Southeast Asia Expansion

Categories: News Flash

Date: Apr 12, 2025

It was revealed that HD Hyundai and Hanwha Group are considering a proposal to acquire the Subic Shi...

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Korean shipbuilders gear up as Trump suggests U.S. may buy warships

Categories: News Flash

Date: Apr 12, 2025

U.S. President Donald Trump on Thursday said the United States could order advanced vessels from all...

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SSA Marine Expands Investment in Termont Montreal Inc.

Categories: News Flash

Date: Apr 12, 2025

SSA Marine, one of the world’s leading independent marine terminal operators and the largest conta...

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Vopak signs agreements for a new debt issuance of around EUR 560 million equivalent

Categories: News Flash

Date: Apr 12, 2025

Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private ...

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Maritime Optima and Maritime IntelX announce strategic partnership to enhance chartering efficiency

Categories: News Flash

Date: Apr 12, 2025

Maritime Optima, a leading provider of maritime software solutions for any type of company involved ...

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US energy secretary says we can stop Iran’s oil exports

Categories: News Flash

Date: Apr 12, 2025

U.S. Energy Secretary Chris Wright said on Friday that the United States could stop Iran’s oil exp...

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Panama Canal traffic fell to 33.7 ships per day in March, authority says

Categories: News Flash

Date: Apr 12, 2025

The number of vessels that transited the Panama Canal, the world’s second-busiest waterway, fell t...

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ICS cautiously welcomes critically important global agreement on shipping’s decarbonisation journey

Categories: News Flash

Date: Apr 12, 2025

After many years of negotiations, the International Chamber of Shipping (ICS) welcomes the agreement...

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UN agrees global carbon pricing for international shipping

Categories: News Flash

Date: Apr 12, 2025

The UN’s International Maritime Organization (IMO) has agreed on a key climate policy for global s...

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IMO Reaches Agreement But More Needed To Unlock Future Fuels

Categories: News Flash

Date: Apr 12, 2025

The International Maritime Organisation (IMO) agreed to the sector’s first binding targets to redu...

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Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports

Categories: News Flash

Date: Apr 11, 2025

A subsidiary of a Hong Kong conglomerate that is embroiled in U.S.-China tensions over its Panama Ca...

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ClassNK issues approval in principle (AiP) for Onboard Carbon Capture and Storage system (OCCS) developed by Mitsubishi Shipbuilding

Categories: News Flash

Date: Apr 11, 2025

ClassNK has issued an approval in principle (AiP) for an Onboard Carbon Capture and Storage system (...

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China’s March Iranian oil imports surge on US sanctions fears

Categories: News Flash

Date: Apr 11, 2025

China’s imports of Iranian oil surged in March as buyers stocked up amid worries that further U.S....

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Singapore’s MPA gets 14 proposals under EOI to scale up LNG bunker supply

Categories: News Flash

Date: Apr 11, 2025

The Maritime and Port Authority of Singapore has received 14 proposals under its Expression of Inter...