News Flash
Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.
Categories: News Flash
Date: Sep 04, 2025
TORM plc has today been informed of the announcement (the Announcement) by Hafnia Limited (“Hafnia...
Russia’s natural gas and coal exports have been decreasing and shifting toward Asia
Categories: News Flash
Date: Sep 04, 2025
Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and co...
Zelim Urges Adoption Of Advanced Situational Awareness Technology To Prevent Ship Collisions
Categories: News Flash
Date: Sep 04, 2025
Zelim, the Edinburgh-headquartered maritime safety and security innovator, is calling for the mandat...
Red Sea Incidents Prompt Renewed Focus on Duty of Care for Crews
Categories: News Flash
Date: Sep 04, 2025
Recent attacks in the Red Sea have prompted renewed calls for stronger leadership and greater care f...
Fairfield-Maxwell Ltd. Returns to Japanese Shipping Industry
Categories: News Flash
Date: Sep 04, 2025
Fairfield-Maxwell Ltd. (FML) today announced that it is returning to the shipping industry in Japan ...
PMA And Classification Societies Review Regulations To Align Strategies With The Global Maritime Market
Categories: News Flash
Date: Sep 04, 2025
The Panama Maritime Authority (PMA), through the Directorate General of Merchant Marine (DGMM), held...
Rystad Energy publishes definitive study on marine LNG well-to-tank (WtT) emissions
Categories: News Flash
Date: Sep 04, 2025
Independent research and energy intelligence firm Rystad Energy has published the results of a lan...
New DNV report: Ammonia shows notable progress as maritime fuel, but barriers remain
Categories: News Flash
Date: Sep 04, 2025
DNV’s new report, Ammonia in Shipping: Tracing the Emergence of a New Fuel, addresses the key barr...
Ship Recycling Steady But Subdued
Categories: News Flash
Date: Sep 04, 2025
The ship recycling market is still looking for new direction and some momentum. In its latest weekly...
China Shifts to South American Soy, U.S. Corn Rises to Japan
Categories: News Flash
Date: Sep 04, 2025
This week we take a closer look at the shifting grain flows of 2025, as U.S.–China trade tensions ...
Tariffs cause ‘unprecedented’ disruption to global trade rules, WTO chief says
Categories: News Flash
Date: Sep 03, 2025
The share of global trade done on WTO terms has fallen to 72% and could fall further, amid the bigge...
Ten counties in the Permian Basin account for 93% of U.S. oil production growth since 2020
Categories: News Flash
Date: Sep 03, 2025
Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by ...
Hybridising operations on the high seas with innovative battery technology
Categories: News Flash
Date: Sep 03, 2025
Earlier this year, it was revealed that more than 1,000 maritime vessels are now operating with batt...
Pentagon to Send 600 Military Lawyers as Temporary Immigration Judges
Categories: News Flash
Date: Sep 03, 2025
Washington: Defense Secretary Pete Hegseth has authorized the deployment of up to 600 military lawye...
MOL Joins Japanese Consortium Investing in U.S.-Based Commonwealth Fusion Systems – Company Developing a Commercial-scale Fusion Reactor
Categories: News Flash
Date: Sep 03, 2025
Mitsui O.S.K. Lines, Ltd. announced that as part of a consortium of 12 Japanese companies, MOL Switc...
Wallenius Marine and KNUD E. HANSEN launch new RoRo concept at Donsö Shipping Meet
Categories: News Flash
Date: Sep 03, 2025
The new concept builds on the award-winning Sleipner PCTC concept and on operational data from the S...
Pacific Basin seafarers trained to prevent suicide through partnership with The Mission to Seafarers
Categories: News Flash
Date: Sep 03, 2025
The Mission to Seafarers (MtS) has partnered with Pacific Basin Shipping to deliver suicide preventi...
LNG market mulls potential fallout from Russian cargo discharge in China
Categories: News Flash
Date: Sep 03, 2025
LNG traders on Sept. 1 were assessing the implications for trade flows after the Arctic Mulan, a san...
For the first time in 14 years, Syria resumes oil exports with a shipment of 600,000 barrels
Categories: News Flash
Date: Sep 03, 2025
Before 2010, when the protests against Bashar al-Assad led to a civil war in the country, oil provid...
Econavis Solutions And Franman Partner Up To Bring Eco Boss Cap Technology To Greek Shipping Market
Categories: News Flash
Date: Sep 03, 2025
EcoNavis Solutions has signed an agency agreement with Greece-based company Franman to distribute it...
Rising yard days could tighten supply ahead
Categories: News Flash
Date: Sep 03, 2025
Repair yard days for Capesize ships are climbing again in 2025, this time driven by a wave of retrof...
Seacontractors and Jifmar Group agree on workboats fleet transaction
Categories: News Flash
Date: Sep 02, 2025
As part of this agreement, Jifmar Group will acquire Seacontractors workboats fleet up to the 50-ton...
Wallenius Marine and ABB Form Joint Venture to Offer Innovative Fleet Support Center Service
Categories: News Flash
Date: Sep 02, 2025
Wallenius Marine and global technology leader ABB launch a joint venture to accelerate the global ro...
Closelink and StormGeo integration improves lubricant management
Categories: News Flash
Date: Sep 02, 2025
Closelink GmbH, a maritime technology company specialising in marine lubricant procurement, and Stor...
WinGD joins MAMII initiative tackling methane from LNG-powered ships
Categories: News Flash
Date: Sep 02, 2025
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), b...
The world’s first complete commercial ammonia fueled engine has been accomplished
Categories: News Flash
Date: Sep 02, 2025
Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engin...
The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future
Categories: News Flash
Date: Sep 02, 2025
The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a st...
OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)
Categories: News Flash
Date: Sep 02, 2025
OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industr...
Asia Fuel Oil: Spot benchmarks little changed in quiet trade
Categories: News Flash
Date: Sep 02, 2025
Spot benchmarks for fuel oil were steady amid thin trading on Monday, with bids and offers fluctuati...
Shadow tanker operators swing between sanctioned countries to support oil flows
Categories: News Flash
Date: Sep 02, 2025
Russia, Iran and Venezuela — all under various US and EU sanctions targeting their energy exports ...
Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax
Categories: News Flash
Date: Sep 02, 2025
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
US low-value package tariff exemption ends, raising costs for shippers, consumers
Categories: News Flash
Date: Sep 01, 2025
The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and...