News Flash

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XOCEAN’s X-30 achieves ROUV certification under the UK Workboat Code Edition 3

Categories: News Flash

Date: Mar 13, 2026

The certification marks one of the first of its kind for an operational platform. Lloyd’s Regis...

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Seanergy Maritime Announces the Acquisition of Two Japanese Capesize Newbuildings and Sale of Older Vessel; Provides Corporate Updates

Categories: News Flash

Date: Mar 13, 2026

Seanergy Maritime Holdings Corp. announced today that it has agreed to acquire two scrubber-fitted 1...

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U.S. trade balance shows improvement, boosts economic optimism

Categories: News Flash

Date: Mar 13, 2026

The United States’ trade balance has shown a marked improvement, according to the latest economic ...

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INTERCARGO Urges Vigilance and Reaffirms Priority on Seafarer Safety as Security Risks Escalate in Middle East Gulf and Strait of Hormuz

Categories: News Flash

Date: Mar 13, 2026

The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over t...

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LNG Bunker Snapshot: Prices spike as Middle East crisis rattles global supply

Categories: News Flash

Date: Mar 12, 2026

LNG bunker prices in Rotterdam and Singapore have surged sharply as Middle East tensions, disruption...

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Gard and NAVTOR partner to launch Gard Insights on NavStation

Categories: News Flash

Date: Mar 12, 2026

For those at sea, every decision counts, and in the dynamic world of shipping, timely access to the ...

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MOL Acquires Stake in V.Ships France, Expands LNG Fleet Under Management

Categories: News Flash

Date: Mar 12, 2026

V.Group, the global ship manager and marine services provider, has today announced a strategic partn...

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OPEC Retains Oil Forecast, Says Saudi Arabia Increased Oil Production Prior to Iran War

Categories: News Flash

Date: Mar 12, 2026

Crude Oil Price Movements In February, the OPEC Reference Basket (ORB) value increased by $5.59/b...

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IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict

Categories: News Flash

Date: Mar 12, 2026

The 32 Member countries of the International Energy Agency unanimously agreed today to make 400 mill...

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Container ship order book hits new record high with 11.8m TEU on order

Categories: News Flash

Date: Mar 12, 2026

“Despite increasing trade policy uncertainty and falling freight rates, the container ship order b...

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Asia’s high sulfur fuel oil cash differentials surge to highest since IMO 2020

Categories: News Flash

Date: Mar 12, 2026

The ongoing disruption in oil flows due to the US-Israel war with Iran has pushed Asia’s benchmark...

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Hormuz traffic increases, at least two sanctioned ships cross strait: CAS

Categories: News Flash

Date: Mar 12, 2026

Eight ships crossed through the Strait of Hormuz on March 10, up from three ships the day before, ac...

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Baltic Dry Index Edges Up

Categories: News Flash

Date: Mar 12, 2026

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities,...

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WAF crude tanker rates slide from record highs on influx of ballasters

Categories: News Flash

Date: Mar 12, 2026

Suezmax and Very Large Crude Carrier rates for voyages loading in West Africa have tumbled since hit...

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Smart Ship Hub and ORBYT Global Group partner to deliver integrated compliance and emissions reporting platform

Categories: News Flash

Date: Mar 11, 2026

Smart Ship Hub (SSH), a leading vessel optimisation platform, has entered a strategic partnership wi...

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Lauritzen Bulkers Reports Good Performance in a Challenging Year

Categories: News Flash

Date: Mar 11, 2026

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid ma...

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S Korea, Taiwan, and Singapore vulnerable to lost Qatari LNG

Categories: News Flash

Date: Mar 11, 2026

QatarEnergy’s force majeure declaration on LNG exports has put Asian buyers into a predicament of ...

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China may resume US crude imports on supply crisis after 9-month gap: sources

Categories: News Flash

Date: Mar 11, 2026

Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply...

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War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers

Categories: News Flash

Date: Mar 11, 2026

Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf ...

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MarinePALS CEO calls for action to make defibrillators mandatory on all merchant vessels

Categories: News Flash

Date: Mar 11, 2026

The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is t...

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Enhanced Indian scrutiny raises barriers for sanctioned vessels seeking recycling

Categories: News Flash

Date: Mar 11, 2026

India’s decision to introduce additional documentation checks before end-of-life vessels are clear...

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Global Bunker Prices Surge By 30-35%, Tracking Soaring Crude As US-Iran Crisis Persists

Categories: News Flash

Date: Mar 11, 2026

Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closu...

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Hormuz Strait traffic tapers amid war as tankers await passage: CAS

Categories: News Flash

Date: Mar 11, 2026

The number of ships transiting the Strait of Hormuz has continued to taper since the start of the wa...

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G7 tankers gain share in Russia before US waiver for sanctioned ships

Categories: News Flash

Date: Mar 11, 2026

A temporary US waiver has enabled sanctioned tankers to transport Russian oil, after G7-linked tanke...

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Ferry Switch to Bio-LNG Significantly Reduces CO2 Emissions

Categories: News Flash

Date: Mar 10, 2026

TT-Line, the German ferry operator, has revealed that – working closely with Everllence PrimeServ ...

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KCC: CLEANBU vessel fixed on two-year time charter

Categories: News Flash

Date: Mar 10, 2026

A subsidiary of Klaveness Combination Carriers ASA has secured a two-year time charter for MV Bass (...

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Can euro zone growth withstand the energy shock? Barclays weighs risks

Categories: News Flash

Date: Mar 10, 2026

Euro zone economic growth faces its stiffest test in years as surging energy prices from the Middle ...

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Oil built the Persian Gulf. Desalinated water keeps it alive. War could threaten both

Categories: News Flash

Date: Mar 10, 2026

As missiles and drones curtail energy production across the Persian Gulf, analysts warn that water, ...

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Strait of Hormuz Spotlight: Scenario Analysis

Categories: News Flash

Date: Mar 10, 2026

Asharp decline in tanker transits through the Strait of Hormuz and rising floating storage in the Gu...

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Shipping Markets Hit Record Highs: Taking Stock

Categories: News Flash

Date: Mar 10, 2026

Shipping has again been at the “frontline” of geopolitical events, with a >90% drop in vessel...

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Tanker charterers cancel voyages, defer deals; owners seek routes outside Gulf

Categories: News Flash

Date: Mar 10, 2026

Trading companies and oil importers have deferred chartering for several tankers in the Persian Gulf...

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ABS and HD Hyundai to Advance Nuclear-Powered Electric Propulsion Systems for Container Ships

Categories: News Flash

Date: Mar 10, 2026

ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Samho Heavy Industrie...