News Flash

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Artificial Intelligence Not Intelligent Enough To Diagnose Engine Problems – Yet!

Categories: News Flash

Date: Apr 29, 2025

Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial in...

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Commercial Impracticability and Frustration of Shipping Agreements in Uncertain Times

Categories: News Flash

Date: Apr 29, 2025

Highlights Long-term and short-term vessel agreements and contracts alike are sometimes impacte...

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India boosts buying of Russia’s ESPO oil in April as Chinese demand eases

Categories: News Flash

Date: Apr 29, 2025

India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2...

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Prospect of Binding Global Rules on Biofouling Management

Categories: News Flash

Date: Apr 29, 2025

IMO approves new recom­men­da­tions for underwater management of biofouling on ship hulls and tak...

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Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers

Categories: News Flash

Date: Apr 29, 2025

Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being ...

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Asia Fuel Oil Markets stable in thin trading momentum

Categories: News Flash

Date: Apr 29, 2025

Fuel oil markets were largely stable in Asia on Monday against a backdrop of thin trading momentum, ...

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New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

Categories: News Flash

Date: Apr 29, 2025

New analysis from S&P Global, released Monday by the World Shipping Council, highlights the crit...

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Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Categories: News Flash

Date: Apr 29, 2025

Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western ...

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New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

Categories: News Flash

Date: Apr 29, 2025

From May, the Mediterranean Sea is becoming the fifth Emission Control Area (ECA) globally, followin...

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Baltic index rises to three-week high as larger vessel rates firm

Categories: News Flash

Date: Apr 29, 2025

The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday d...

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India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

Categories: News Flash

Date: Apr 28, 2025

Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the k...

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Asian spot LNG prices hold at 1-year low as demand remains tepid

Categories: News Flash

Date: Apr 28, 2025

Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia...

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Black Sea may hold back world wheat supplies into 2026

Categories: News Flash

Date: Apr 28, 2025

The global wheat market narrative has recently shifted, though it’s easy to have missed it. Exp...

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Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Categories: News Flash

Date: Apr 28, 2025

Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of ...

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EU to present roadmap in May to phase out all imports of Russian fossil fuels

Categories: News Flash

Date: Apr 28, 2025

The European Commission will in the next two weeks present a roadmap on how it intends to phase out ...

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Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Categories: News Flash

Date: Apr 28, 2025

Data highlight 1: China and Vietnam comparison Average spot rates into US West Coast on 16 March ...

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Trump says US ships should be allowed to travel through the Panama and Suez canals for free

Categories: News Flash

Date: Apr 28, 2025

U.S. President Donald Trump said on Saturday that American military and commercial ships should be a...

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EU, IMO alignment of bunker emission rules in focus amid worries over double charges

Categories: News Flash

Date: Apr 28, 2025

While the EU has long taken pride in leading the regulatory drive to reduce maritime greenhouse gas ...

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Indian Iron Ore Exports Face Downward Pressure

Categories: News Flash

Date: Apr 28, 2025

Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian por...

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Tanker Fleet Repositioning on the Cards After USTR Proposal

Categories: News Flash

Date: Apr 28, 2025

The USTR proposal with introduces charges against Chinese owned, built or operated vessels, is expec...

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Global container shipping volume to fall 1% on Trump trade policies, Drewry says

Categories: News Flash

Date: Apr 26, 2025

Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1%...

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Asia Fuel Oil: Spot premiums retreat; high inventories cap gains

Categories: News Flash

Date: Apr 26, 2025

Spot premiums for fuel oil dipped in Asia on Friday, with high supply inventories and tepid demand l...

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Tanker – Weekly Market Monitor: Iran’s Resilient Oil Exports and Emerging Pressures in 2025

Categories: News Flash

Date: Apr 26, 2025

Despite persistent international sanctions, Iran managed to sustain significant crude oil exports be...

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Tanker Market Softened Last Month

Categories: News Flash

Date: Apr 26, 2025

The tanker market softened during the course of the past month, OPEC said in its latest monthly repo...

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New guidance on fire response onboard vehicle carriers

Categories: News Flash

Date: Apr 26, 2025

The guideline’s sole aim is to assist vessel operators and crews to be better prepared to meet the...

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China waives tariffs on some U.S. goods, but denies Trump’s claim that talks are underway

Categories: News Flash

Date: Apr 26, 2025

China exempted some U.S. imports from its steep tariffs in a sign on Friday that the trade war betwe...

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Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed

Categories: News Flash

Date: Apr 26, 2025

Russia may supply 1.8 billion cubic metres (bcm) of natural gas to Iran this year at a price which h...

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Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity

Categories: News Flash

Date: Apr 26, 2025

The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Envir...

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Taylor Maritime Sold 11 Vessels

Categories: News Flash

Date: Apr 26, 2025

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces eleven new vessel...

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HD Korea Shipbuilding Secures Order for Two Container Ships from Asian Shipowner

Categories: News Flash

Date: Apr 26, 2025

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai spe...

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PowerCell secures breakthrough order for hydrogen fuel cells with methanol reformer technology in the maritime sector

Categories: News Flash

Date: Apr 25, 2025

PowerCell, the world’s leading supplier of fuel cells for the marine market, has secured its first...

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Axpo expands small-scale LNG operations

Categories: News Flash

Date: Apr 25, 2025

Axpo has successfully completed its first LNG ship-to-ship delivery in the Port of Algeciras, markin...