News Flash

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Promise and peril of AI in maritime

Categories: News Flash

Date: Sep 06, 2025

For years, the conversation around artificial intelligence in maritime has been dominated by a mixtu...

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Iron ore heads for second weekly gain as softer dollar overshadows demand woes

Categories: News Flash

Date: Sep 06, 2025

Iron ore futures rose for a fourth straight session on Friday and were heading for a second weekly g...

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New direct service between the Port of Gothenburg and Asia now underway

Categories: News Flash

Date: Sep 06, 2025

From now on, the Port of Gothenburg offers not just one but two direct container services to and fro...

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Eimskip signs agreement for two new container vessels

Categories: News Flash

Date: Sep 06, 2025

The Board of Directors of Eimskipafélag Íslands hf. has approved newbuild contracts for two 2,280 ...

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Steel cut for Yara Eyde – world’s first ammonia-powered container ship

Categories: News Flash

Date: Sep 06, 2025

Yara Clean Ammonia, the world’s largest shipper and trader of ammonia, today celebrated the Steel ...

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President Mulino Meets With Japanese Shipowners To Strengthen Panama’s Ship Registry

Categories: News Flash

Date: Sep 06, 2025

President José Raúl Mulino met with more than 40 representatives of shipping companies from Japan...

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Lloyd’s Register launches risk-based fire safety notation for container ships

Categories: News Flash

Date: Sep 06, 2025

The new notation benefits designers, shipyards, owners, and operators as they plan next-generation c...

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EU would welcome US backing to quit Russian oil, energy chief says

Categories: News Flash

Date: Sep 06, 2025

The European Union would welcome U.S. President Donald Trump’s support for its plans to stop buyin...

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Shadow fleet expands to maintain sanctioned oil flows

Categories: News Flash

Date: Sep 06, 2025

Russia, Iran and Venezuela, faced with tightening Western sanctions, have teamed up with opaque ship...

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Baltic Index Rises On Larger Vessel Rates, But Posts Weekly Decline

Categories: News Flash

Date: Sep 06, 2025

The Baltic Exchange’s dry bulk sea freight index rose on Friday, supported by higher rates for lar...

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Venezuela’s oil exports rise to 9-month high as cargoes return to US

Categories: News Flash

Date: Sep 05, 2025

Venezuela’s oil exports surpassed 900,000 barrels per day in August, the highest level since Novem...

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Kongsberg Maritime advances offshore installation methods with simplified mooring systems

Categories: News Flash

Date: Sep 05, 2025

Kongsberg Maritime is pleased to announce the next phase in its commitment to advancing mooring of o...

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RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

Categories: News Flash

Date: Sep 05, 2025

RightShip (the “Company”), a leading maritime digital platform for safety, sustainability, and s...

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Lloyd’s Register introduces new wind propulsion and ergonomics rules to support decarbonization and crew safety

Categories: News Flash

Date: Sep 05, 2025

Lloyd’s Register (LR) has announced an update to its Rules and Regulations for the Classification ...

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Fujairah marine fuel premiums hold near year-highs on Sudan supply halt, sources say

Categories: News Flash

Date: Sep 05, 2025

Spot premiums for marine fuel at Fujairah, the world’s third-largest bunkering port, held near the...

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Procureship and ReFlow partner to launch Scope 3 emissions tool to support structured climate reporting in maritime supply chains

Categories: News Flash

Date: Sep 05, 2025

Procureship, the maritime industry’s leading e-procurement platform provider, has partnered with C...

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US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

Categories: News Flash

Date: Sep 05, 2025

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting dea...

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Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China

Categories: News Flash

Date: Sep 05, 2025

European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation,...

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Second-hand container ship prices jump 17% YoY despite weaker freight rates

Categories: News Flash

Date: Sep 05, 2025

“Despite significantly weaker freight rates, the average price for five-year-old container ships h...

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Dry Bulk Market: Each Ship Class is Telling a Different Story

Categories: News Flash

Date: Sep 05, 2025

Depending on the ship type, the dry bulk shipping market tells a very different story so far this ye...

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Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.

Categories: News Flash

Date: Sep 04, 2025

TORM plc has today been informed of the announcement (the Announcement) by Hafnia Limited (“Hafnia...

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Russia’s natural gas and coal exports have been decreasing and shifting toward Asia

Categories: News Flash

Date: Sep 04, 2025

Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and co...

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Zelim Urges Adoption Of Advanced Situational Awareness Technology To Prevent Ship Collisions

Categories: News Flash

Date: Sep 04, 2025

Zelim, the Edinburgh-headquartered maritime safety and security innovator, is calling for the mandat...

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Red Sea Incidents Prompt Renewed Focus on Duty of Care for Crews

Categories: News Flash

Date: Sep 04, 2025

Recent attacks in the Red Sea have prompted renewed calls for stronger leadership and greater care f...

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Fairfield-Maxwell Ltd. Returns to Japanese Shipping Industry

Categories: News Flash

Date: Sep 04, 2025

Fairfield-Maxwell Ltd. (FML) today announced that it is returning to the shipping industry in Japan ...

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PMA And Classification Societies Review Regulations To Align Strategies With The Global Maritime Market

Categories: News Flash

Date: Sep 04, 2025

The Panama Maritime Authority (PMA), through the Directorate General of Merchant Marine (DGMM), held...

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Rystad Energy publishes definitive study on marine LNG well-to-tank (WtT) emissions

Categories: News Flash

Date: Sep 04, 2025

Independent research and energy intelligence firm Rystad Energy has published the results of a lan...

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New DNV report: Ammonia shows notable progress as maritime fuel, but barriers remain

Categories: News Flash

Date: Sep 04, 2025

DNV’s new report, Ammonia in Shipping: Tracing the Emergence of a New Fuel, addresses the key barr...

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Ship Recycling Steady But Subdued

Categories: News Flash

Date: Sep 04, 2025

The ship recycling market is still looking for new direction and some momentum. In its latest weekly...

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China Shifts to South American Soy, U.S. Corn Rises to Japan

Categories: News Flash

Date: Sep 04, 2025

This week we take a closer look at the shifting grain flows of 2025, as U.S.–China trade tensions ...

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Tariffs cause ‘unprecedented’ disruption to global trade rules, WTO chief says

Categories: News Flash

Date: Sep 03, 2025

The share of global trade done on WTO terms has fallen to 72% and could fall further, amid the bigge...

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Ten counties in the Permian Basin account for 93% of U.S. oil production growth since 2020

Categories: News Flash

Date: Sep 03, 2025

Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by ...