News Flash

Russia’s Feb oil exports from western ports seen down 8% m/m as sanctions bite

Categories: News Flash

Date: Jan 30, 2025

Russia’s crude oil exports from its western ports in February are set to fall by 8% versus January...

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Baltic Sea shipping tax could pay for undersea cable protection, says Estonian minister

Categories: News Flash

Date: Jan 30, 2025

Shipping firms may need to pay a fee to use the Baltic Sea, one of the world’s busiest shipping ro...

Atlantic Supramax scrap market experiences diminished activity in Week 4

Categories: News Flash

Date: Jan 30, 2025

The Supramax segment in the Continent and Baltic Sea regions endured a trading week under bearish mo...

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Pherousa advances towards CO2-free and ammonia-powered shipping of the future

Categories: News Flash

Date: Jan 30, 2025

Pherousa is the new and simplified name of Pherousa Green Technologies at the same time as Metacon S...

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Trump tariffs and geopolitical chaos – Xeneta Chief Analyst’s top tips on freight tender strategies

Categories: News Flash

Date: Jan 30, 2025

Donald Trump returned to the White House this week and, perhaps unsurprisingly, raised more question...

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Greece Retains Third Spot Overall Among Top 10 Shipowning Nations by Total Asset Value for 2025

Categories: News Flash

Date: Jan 30, 2025

Since publishing our Top 10 Shipowning Nations in 2024, we’ve updated the latest rankings across t...

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Baltic index falls to 23-month low as capesize and supramax rates dip

Categories: News Flash

Date: Jan 30, 2025

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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Weathernews Partners with HD Hyundai Marine Solution to Optimize Maritime Operations

Categories: News Flash

Date: Jan 29, 2025

Weathernews Inc. has entered into a Memorandum of Understanding (MOU) with HD Hyundai Marine Solutio...

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ClassNK grants Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EEM and PHM’ developed by WinKong Marine Engineering

Categories: News Flash

Date: Jan 29, 2025

ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EE...

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Driving Fleet Performance Amid Evolving Environmental Regulations

Categories: News Flash

Date: Jan 29, 2025

The maritime industry faces both challenges and opportunities, with efficiency and sustainability em...

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Seanergy Maritime Expands Fleet with Two Japanese Ships: One Newcastlemax Vessel and One Capesize Vessel

Categories: News Flash

Date: Jan 29, 2025

Seanergy Maritime Holdings Corp. announced that it has entered into two definitive agreements with u...

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Glander International Bunkering Develops Compliance Calculator to Address FuelEU Maritime

Categories: News Flash

Date: Jan 29, 2025

Leading bunker trading firm, Glander International Bunkering, has introduced a tool to help users ca...

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Asia Fuel Oil: Hi-5 spread narrows amid VLSFO weakness

Categories: News Flash

Date: Jan 29, 2025

Asia’s hi-5 fuel oil spread held at narrow premiums as of Tuesday, amid a softening market for ver...

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Amphitrite Rides AI Wave to Boost Maritime Shipping, Ocean Cleanup With Real-Time Weather Prediction and Simulation

Categories: News Flash

Date: Jan 29, 2025

Named after Greek mythology’s goddess of the sea, France-based startup Amphitrite is fusing satell...

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Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs

Categories: News Flash

Date: Jan 29, 2025

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers...

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WAF VLCC tanker rates slide as sanctions-driven sentiment boost proves fleeting

Categories: News Flash

Date: Jan 29, 2025

Freight rates for Very Large Crude Carrier voyages loading in West Africa have slumped in the final ...

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Baltic index hits near two-year low on weaker rates across vessel segments

Categories: News Flash

Date: Jan 29, 2025

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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Family of Four Returning from Prayagraj Killed in Lucknow-Agra Expressway Crash

Categories: News Flash

Date: Jan 28, 2025

AGRA: A Delhi-based lawyer and his family were tragically killed in a car crash on the Lucknow-Agra ...

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Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi

Categories: News Flash

Date: Jan 28, 2025

U.S. President Donald Trump on Tuesday expressed confidence that India would take appropriate action...

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Bureau Veritas Supports Final Delivery of CIMC SOE’s Third Advanced 7,600m³ LNG Bunkering Vessel

Categories: News Flash

Date: Jan 28, 2025

Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification...

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Seacon Shipping Group has three major milestones in three days

Categories: News Flash

Date: Jan 28, 2025

At the beginning of the new year, Seacon Shipping Group has achieved a remarkable milestone within t...

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NYK Positions Carbon Dioxide Removal (CDR) as Measure to Reduce Scope 1 Emissions

Categories: News Flash

Date: Jan 28, 2025

On 27 Jan, the NYK Group issued a position paper positioning carbon dioxide removal1 (“CDR”) as ...

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Germany: Promoting Liquefied Natural Gas (LNG) as alternative fuel for ships

Categories: News Flash

Date: Jan 28, 2025

Germany’s maritime sector has asked the feral government to implement specific measures in an effo...

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Container xChange Launches Free Leasing Marketplace: Global Access to Partners and Transparent Pricing for All

Categories: News Flash

Date: Jan 28, 2025

Container xChange, a leading global platform for container trading and leasing, has introduced free ...

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VLSFO extends slide; HSFO holds steady

Categories: News Flash

Date: Jan 28, 2025

Asia’s spot premium for very low sulphur fuel oil (VLSFO) extended declines on Monday, while high ...

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China dominates global shipbuilding in 2024, capturing 71% of orders

Categories: News Flash

Date: Jan 28, 2025

Chinese shipyards captured 71% of global shipbuilding orders in 2024, with seven of the top 10 shipb...

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LNG ships explore lay up as freight earnings turn negative on record-low prices

Categories: News Flash

Date: Jan 28, 2025

Asia-Pacific LNG freight day rates for tri-fuel diesel electric, or TFDE carriers have slipped below...

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FuelEU regulatory update: Exempted ports, routes and islands

Categories: News Flash

Date: Jan 28, 2025

FuelEU Maritime permits certain exemptions, which are valid until no later than 31 December 2029. Ar...

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Baltic index down to near two-year low on weaker vessel rates

Categories: News Flash

Date: Jan 28, 2025

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

Categories: News Flash

Date: Jan 27, 2025

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to ma...

Yemen bolsters port security capacity amid ongoing maritime threats

Categories: News Flash

Date: Jan 27, 2025

A national training focused on enhancing port facility security was completed in Aden, Yemen (14-16 ...

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Port operator DP World weighs $1bln investment in Peru, says government

Categories: News Flash

Date: Jan 27, 2025

DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the ...