News Flash
Maersk Europe Market Update – January 2026
Categories: News Flash
Date: Jan 12, 2026
Ocean and Key Ports Update On 19th December 2025, a Maersk vessel sailing on the MECL service suc...
Carriers to pass higher EU ETS costs on to customers
Categories: News Flash
Date: Jan 12, 2026
Major global container liners have informed customers of higher tariff surcharges due to changes in ...
Vitol to load first diluent cargo under Venezuela supply deal this weekend, sources say
Categories: News Flash
Date: Jan 12, 2026
Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela t...
Drewry: Intra-Asia Container Index Down 5%
Categories: News Flash
Date: Jan 12, 2026
Updated weekly, Drewry’s Intra-Asia Container Index (IACI) decreased 5% in the second week of Janu...
US seizes fifth oil tanker linked to Venezuela, officials say
Categories: News Flash
Date: Jan 12, 2026
US forces have seized another tanker in the Caribbean Sea, officials say, as the Trump administratio...
Companies scramble to secure ships, assemble operations to transfer Venezuelan oil, sources say
Categories: News Flash
Date: Jan 12, 2026
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ous...
US seeks to assert its control over Venezuelan oil with tanker seizures and sales worldwide
Categories: News Flash
Date: Jan 12, 2026
President Donald Trump’s administration on Wednesday sought to assert its control over Venezuelan ...
Tanker Market: VLCC Rates on the Rise
Categories: News Flash
Date: Jan 12, 2026
Clean LR2 MEG LR2’s improved optimistically this week. The TC1 75kt MEG/Japan index rose 12 ...
China issues crude oil import quotas to ex-Sinochem refineries, sources say
Categories: News Flash
Date: Jan 10, 2026
China has issued crude oil import quotas for 2026 to three refineries based in Shandong province, wh...
Frontline – Strategic Fleet Renewal and Expansion
Categories: News Flash
Date: Jan 10, 2026
Frontline plc. announces a strategic fleet renewal initiative, involving both the acquisition of new...
Shipbreaking Monthly: European Parliament adopts the Omnibus I deregulation package
Categories: News Flash
Date: Jan 10, 2026
Happy 2026! The Shipbreaking Platform team would like to wish you all a year full of happiness, comp...
MOL, ITOCHU Sign MOU for Strategic Partnership to Promote Use of Environmental Attribute Certificates- Toward Decarbonizing the Transportation Sector
Categories: News Flash
Date: Jan 10, 2026
Mitsui O.S.K. Lines, Ltd. announced the signing of a memorandum of understanding (MOU) for a strateg...
Maritime cocaine smuggling – a European perspective
Categories: News Flash
Date: Jan 10, 2026
Gard recently provided an overview of cocaine trafficking as it effects commercial vessels, operatio...
Europe’s surging LNG imports in 2025 reshape gas supply dynamics: traders
Categories: News Flash
Date: Jan 10, 2026
Europe’s LNG imports in 2025, surpassing volumes seen in prior years, have reshaped the continent...
VINSSEN Secures Type Approval from KR and ABS for 150kW Marine Fuel Cell Module
Categories: News Flash
Date: Jan 10, 2026
VINSSEN, a maritime decarbonization technology company specializing in hydrogen fuel cells and integ...
132 incidents of piracy and armed robbery against ships in Asia reported to ReCAAP Information Sharing Centre in 2025
Categories: News Flash
Date: Jan 10, 2026
The ReCAAP Information Sharing Centre (ISC) issued its 2025 annual report on piracy and armed robber...
US in process of seizing Olina tanker in the Caribbean, US official says
Categories: News Flash
Date: Jan 10, 2026
The U.S. is in the process of seizing the Olina tanker in the Caribbean near Trinidad in the fifth s...
Baltic index logs weekly loss on capesize, supramax weakness
Categories: News Flash
Date: Jan 10, 2026
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk...
Beyond borders: how new trade and investment corridors are reshaping global business
Categories: News Flash
Date: Jan 09, 2026
There is currently an unprecedented level of disruption in the global economy. This disruption stems...
Vitol and Trafigura in talks with US on Venezuelan oil sales, sources say
Categories: News Flash
Date: Jan 09, 2026
Vitol and Trafigura, two of the world’s largest commodity traders, are in talks with the administr...
Diesel structure barely moves; refiners emerge to offer Feb spot
Categories: News Flash
Date: Jan 09, 2026
Asia’s diesel spot activity ticked up as refiners emerged to start their February sales, though di...
Venezuela and what to expect for energy in 2026
Categories: News Flash
Date: Jan 09, 2026
The new year has only just begun, and already we have seen an event with massive significance for th...
US says it needs to control Venezuelan oil sales indefinitely to drive change
Categories: News Flash
Date: Jan 09, 2026
The U.S. needs to control Venezuela’s oil sales and revenue indefinitely to stabilize that country...
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Categories: News Flash
Date: Jan 09, 2026
Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 204...
Indonesia to set 2026 coal output quota at around 600 million tons, will adjust nickel quota, minister says
Categories: News Flash
Date: Jan 09, 2026
Indonesia may approve a coal output quota of “more or less” 600 million metric tons in 2026 and ...
Launch of European School Competition to mark 60th Anniversary of European Shipowners
Categories: News Flash
Date: Jan 09, 2026
With the support of the European Commission and the 2026 Cyprus Presidency of the Council of the Eur...
East Asian refiners show little interest in Venezuelan crude but watch for steep discounts
Categories: News Flash
Date: Jan 09, 2026
East Asian refiners, traditionally favoring light, sweet US crude from the Americas and lacking refi...
Asia Fuel Oil: Market structure softens in volatile trading
Categories: News Flash
Date: Jan 09, 2026
Asia’s fuel oil market structure pared back on Thursday after showing some temporary signs of stre...
Iron ore rallies to multi-month high as China pledges to ease monetary policy
Categories: News Flash
Date: Jan 08, 2026
Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of impro...
HSFO timespreads flip into backwardation
Categories: News Flash
Date: Jan 08, 2026
Prompt timespreads for 380-cst high sulphur fuel oil (HSFO) have flipped into a backwardated market ...
Vega Reederei digitises fleet safety and cuts reporting effort by up to 80 per cent with Kaiko Systems
Categories: News Flash
Date: Jan 08, 2026
European ship operator Vega Reederai has revealed a significant reduction in time spent on reporting...
MOL CEO Hashimoto’s 2026 New Year Message- Management Plan ‘BLUE ACTION 2035’ Toward Phase 2
Categories: News Flash
Date: Jan 08, 2026
MOL President & CEO Takeshi Hashimoto delivered the following “2026 New Year Message” to all...