News Flash
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...
Evergreen Confirms Fleetwide Rollout Of Inmarsat Nexuswave
Categories: News Flash
Date: Jan 08, 2026
Taiwan’s largest container line standardises on Inmarsat’s high-speed, bonded, secure-by-design,...
Lila Global Joins INTERTANKO, Strengthening Commitment to Quality Tanker Shipping
Categories: News Flash
Date: Jan 08, 2026
Lila Global, a ship owner operating crude oil and chemical/product tankers, has joined the Internati...
IOPC Funds Amended Guidance for Member States on the definition of ‘ship’ under the 1992 Civil Liability Convention
Categories: News Flash
Date: Jan 08, 2026
At the November 2025 Sessions of the IOPC Funds’ Governing Bodies, the Executive Committee of the ...
Korea’s Shipbuilder ‘Big 3’ Focus on High Value-Added Vessels Amid Declining Orders
Categories: News Flash
Date: Jan 08, 2026
According to the industry on Jan. 5, Korea’s shipbuilding ‘Big 3’ – HD Korea Shipbuilding &a...
Russia Reclaims Its Dark Fleet as Venezuela Tankers Come Under Attack
Categories: News Flash
Date: Jan 08, 2026
Runaway Venezuela-trading tanker Bella 1 (IMO 9230880) painted a Russian flag on its hull, changed i...
Life cycle assessment finds significant emissions savings potential across the onboard carbon capture value chain
Categories: News Flash
Date: Jan 08, 2026
The Global Centre for Maritime Decarbonisation (GCMD) has published an LCA of the greenhouse gas (GH...
Brown University shooting: DOJ releases transcripts of shooter’s videos; attacks planned for six semesters
Categories: News Flash
Date: Jan 07, 2026
Federal authorities on Tuesday released transcripts of videos recorded by the man responsible for th...
Chabahar Port is a strategic, long-term project beyond external pressure: Iran envoy
Categories: News Flash
Date: Jan 07, 2026
In an interview with ANI, Ambassador Mohammad Fathali said that India-Iran relations continue to dis...
Port of Tauranga invests in hybrid-propulsion tug to raise towage capacity
Categories: News Flash
Date: Jan 07, 2026
Port of Tauranga has ordered a new tugboat with hybrid propulsion from Uzmar Shipyard in Turkey as p...
Port Hueneme: All clear at Ventura County Naval Base; active shooter alert deemed ‘false’
Categories: News Flash
Date: Jan 07, 2026
Ventura County Naval Base in Port Hueneme gave an all-clear update on its Facebook and said that the...
Goto Floating Wind Farm launches Japan’s first commercial floating offshore wind farm
Categories: News Flash
Date: Jan 07, 2026
Goto Floating Wind Farm LLC said commercial operation of the Goto Offshore Wind Farm, described as J...
HD Korea Shipbuilding & Offshore secures four‐vessel LNG order valued at approx $1 billion U.S. shipping firm contracts
Categories: News Flash
Date: Jan 07, 2026
HD Korea Shipbuilding & Offshore announced it has signed a contract with a U.S. region shipping ...
Ningbo-Zhoushan port posts 1.4 billion tonne throughput in 2025
Categories: News Flash
Date: Jan 07, 2026
In 2025, Ningbo-Zhoushan port reported cargo throughput exceeding 1.4 billion tonnes and container t...
India’s ONGC and Mitsui O.S.K. Lines form two 50:50 ventures to run Indian-flagged ethane carriers on United States route
Categories: News Flash
Date: Jan 07, 2026
India’s Oil and Natural Gas Corporation said it has signed joint venture and capital contribution ...
CMA CGM shifts INDAMEX toward Suez routing from mid-January 2026
Categories: News Flash
Date: Jan 07, 2026
CMA CGM is moving its India–Pakistan–U.S. East Coast INDAMEX service toward a regular Suez Canal...
Qingdao Port launches China’s first vacuum-based automated mooring system
Categories: News Flash
Date: Jan 07, 2026
Qingdao Port has put China’s first vacuum-based automated mooring system into commercial operation...
Borr Drilling secures jack-up contracts in the Americas
Categories: News Flash
Date: Jan 07, 2026
Borr Drilling Limited said it has secured new contract commitments for two of its premium jack-up ri...
2026 New Year’s Message from the President & CEO To a Year of Challenges and Progress
Categories: News Flash
Date: Jan 06, 2026
To everyone in the “K” LINE Group, I would like to wish you and your families a Happy New Year. ...
Venezuela crisis seen having minimal impact on Indian oil flow, upstream developments eyed
Categories: News Flash
Date: Jan 06, 2026
India’s downstream sector is unlikely to witness any major impact following the geopolitical devel...
How do ships maintain their balance?
Categories: News Flash
Date: Jan 06, 2026
Did you know that many of the stones in Bruges come from faraway places? They were brought along as ...
Rotterdam Shore Power selects ABB for world’s largest shore power project
Categories: News Flash
Date: Jan 06, 2026
ABB has signed contracts with Rotterdam Shore Power (RSP), a joint venture by the Port of Rotterdam ...
Digital shipbuilding: Cutting costs and lead times
Categories: News Flash
Date: Jan 06, 2026
In the budget breakdown of a new ship build, around 5% of project spending goes to engineering; 25...