News Flash

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bound4blue completes eSAIL® installation on EPS tanker with three 22-meter-high non-ATEX suction sails

Categories: News Flash

Date: Feb 25, 2025

bound4blue has completed the installation of its breakthrough eSAIL® suction sails on tanker vessel...

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BSC to purchase six vessels for $330m

Categories: News Flash

Date: Feb 25, 2025

The Bangladesh Shipping Corporation (BSC) has received primary approval from the Planning Commission...

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47 ships reroute to Suez Canal in Feb as regional stability improves – chair

Categories: News Flash

Date: Feb 25, 2025

A total of 47 ships have changed their routes to transit through the Suez Canal instead of the Cape ...

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New Nuclear Technology a Generational Opportunity for US Shipbuilding, Says ABS Chairman and CEO

Categories: News Flash

Date: Feb 25, 2025

New nuclear reactor technology represents a once in a generation opportunity for U.S. industrial pol...

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Ship managers suggest changes to IMO’s net-zero framework to avoid future legal action

Categories: News Flash

Date: Feb 25, 2025

Ship managers have expressed concerns in connection with the International Maritime Organization’s...

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HSFO premium extends climb while VLSFO slips further

Categories: News Flash

Date: Feb 25, 2025

Spot premium for high sulphur fuel oil (HSFO) posted further gains on Monday, while very low sulphur...

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How BSM uses DNV’s Emissions Connect to master GHG compliance

Categories: News Flash

Date: Feb 25, 2025

Strict emissions regulations are reshaping the maritime industry. Accurate data is crucial for compl...

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Asia LNG imports set to drop to 22-month low as Europe surge drives prices

Categories: News Flash

Date: Feb 25, 2025

Asia’s imports of liquefied natural gas (LNG) are poised to drop to the lowest in nearly two years...

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China’s swift workarounds stabilise sanctioned oil flows

Categories: News Flash

Date: Feb 25, 2025

In the weeks immediately following Shandong’s shipping ban and the new OFAC sanctions on tankers i...

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Baltic Index Extends Gains To Over One-Month High On Strong Vessel Rates

Categories: News Flash

Date: Feb 25, 2025

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...

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Navigating Tariff Changes: Steel and aluminum imports into the United States

Categories: News Flash

Date: Feb 24, 2025

Recent announcements regarding tariffs on steel and aluminum imports into the United States may impa...

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Trump seeks to reshape Asia’s energy supplies with US gas

Categories: News Flash

Date: Feb 24, 2025

When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned ...

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Heidmar and MGO Global Successfully Complete Business Combination

Categories: News Flash

Date: Feb 24, 2025

MGO Global Inc. (Nasdaq: MGOL), a digitally-native, lifestyle brand portfolio company, (“MGO,” ...

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Current Hypocrisies in Shipping and the Urgent Need for International Action

Categories: News Flash

Date: Feb 24, 2025

The third panel discussion of the 8th Slide2Open Shipping Finance 2025 Conference was moderated by M...

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U.S. targets Chinese ships with entry fees to curb market dominance

Categories: News Flash

Date: Feb 24, 2025

The U.S. government has begun to accelerate its efforts to curb China’s influence in the global sh...

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Making Little Progress on Slashing Shipping Emissions, IMO Must Aim Higher To Remain Relevant In Tackling Climate Crisis

Categories: News Flash

Date: Feb 24, 2025

As a crucial International Maritime Organization (IMO) meeting on reducing the shipping sector’s c...

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Asia-US container rates plunge; liquid chem tanker rates stable to softer

Categories: News Flash

Date: Feb 24, 2025

Rates for shipping containers from Asia to the US fell significantly this week on increased capacity...

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Hill Dickinson forms alliance in Greece with leading Marshall Islands law firm Reeder Simpson & Magee

Categories: News Flash

Date: Feb 24, 2025

International maritime law firm Hill Dickinson has announced an alliance with Marshall Islands attor...

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Tankers: VLCC Market On Correction Mode After Peaking Mid-Week

Categories: News Flash

Date: Feb 24, 2025

Clean LR2 Following on from the notable improvements MEG LR2’s stagnated this week. The TC1 ...

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Support grows for the GHG levy, as more countries see it as a viable measure to meet climate and equity goals of the IMO

Categories: News Flash

Date: Feb 24, 2025

The 18th Intersessional Working Group on GHGs has concluded with the GHG levy in combination with a ...

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GARD: Good renewal with upgraded customer portal

Categories: News Flash

Date: Feb 22, 2025

 This year’s renewal was further facilitated by digital enhancements to Gard’s customer portal,...

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Dry Bulk Shipping: India’s Coal Imports Slowed Down in 2024

Categories: News Flash

Date: Feb 22, 2025

India’s coal imports edged downwards during 2024, having a negative impact on dry bulk shipping. I...

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International Chamber of Shipping Statement following the conclusion of ISWG-GHG 18: Urgent Work Remains to be Done Ahead of MEPC 83 in April

Categories: News Flash

Date: Feb 22, 2025

Following a week of intensive greenhouse gas (GHG) negotiations at the UN International Maritime Org...

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Rights on infection and contagion

Categories: News Flash

Date: Feb 22, 2025

The decision in Bunge S.A. -v- Pan Ocean Co., Ltd (Sagar Ratan) [2025] EWHC 193 (Admty) is an import...

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Noatum Maritime Forms JV with ASRY for the Provision of Marine Services in Bahrain

Categories: News Flash

Date: Feb 22, 2025

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, offering a diversified ...

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Panama exasperated over persistence of US allegations of Chinese control of canal

Categories: News Flash

Date: Feb 22, 2025

Panama’s president said that he had instructed the country’s foreign minister to not discuss the...

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Florida International Terminal (FIT) advances its investment plan of US$ 25 million by 2026

Categories: News Flash

Date: Feb 22, 2025

The Port Everglades terminal (United States) renewed its concession and initiated actions to improve...

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BAR Technologies Signs New Collaboration Agreement with CMET to Boost Availability of 20-24m WindWings

Categories: News Flash

Date: Feb 22, 2025

Following the successful launch of the new 20m and 24m WindWings in September 2024, BAR Technologies...

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Dry Bulk Shipping: India’s Coal Imports Slowed Down in 2024

Categories: News Flash

Date: Feb 22, 2025

India’s coal imports edged downwards during 2024, having a negative impact on dry bulk shipping. I...

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Shipping carbon levy support surges another 25% at IMO

Categories: News Flash

Date: Feb 22, 2025

During the International Maritime Organization (IMO) climate talks in London, 13 additional countrie...

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Tanker Weekly Market Monitor: Russian Oil Flows

Categories: News Flash

Date: Feb 21, 2025

The evolving geopolitical landscape surrounding the Russia-Ukraine war and global energy markets pre...

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Seaborne Trade and US Tariffs: A Mixed Bag

Categories: News Flash

Date: Feb 21, 2025

The impact of potential U.S. tariffs in a series of countries and regions could have be significant ...