News Flash

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Marine battery maker AYK Energy strikes biggest ever retrofit deal with Finnish ship owner Wasaline

Categories: News Flash

Date: May 01, 2025

Marine battery maker AYK Energy is gearing up production after striking a deal to undertake the bigg...

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ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to enable flexible responses to various situations

Categories: News Flash

Date: May 01, 2025

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship man...

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Bureau Veritas Joins NavHyS Project to Advance Liquid Hydrogen Innovation in Shipping

Categories: News Flash

Date: May 01, 2025

Bureau Veritas Marine & Offshore (BV) is pleased to announce its participation in NavHyS, a new ...

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China’s reliance on soybean imports continues despite cutback plans

Categories: News Flash

Date: May 01, 2025

China wants to reduce reliance on foreign soybeans, but importers apparently didn’t get the memo. ...

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The U.S. Shipbuilding Industry vs. China Implications for the Tanker Segment Amid New USTR Rules

Categories: News Flash

Date: May 01, 2025

As of mid-April 2025, the U.S. Trade Representative (USTR) has finalized and refined its Section 301...

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U.S. imports of major transportation fuels decreased in 2024

Categories: News Flash

Date: Apr 30, 2025

U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8...

Export employment to dive if trade war persists -US business group

Categories: News Flash

Date: Apr 30, 2025

All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff o...

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Dalian iron ore nudges higher on resilient China demand

Categories: News Flash

Date: Apr 30, 2025

Dalian iron ore futures edged higher on Tuesday, supported by near-term demand in top consumer China...

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China’s Guangzhou port starts shipping route to Peru

Categories: News Flash

Date: Apr 30, 2025

China’s Guangzhou Port, the largest shipping hub in the country’s south, opened a direct route t...

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Fugro to adopt NAPA Logbook fleet-wide following trial

Categories: News Flash

Date: Apr 30, 2025

Fugro, the world’s leading geo-data specialist and international operator of specialized vessels, ...

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Strong Technological Co-Operation Offers Shipping Companies Economic And Climate Benefits

Categories: News Flash

Date: Apr 30, 2025

A number of players in the shipping industry are collaborating on a completely new way of collecting...

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China-U.S. Container Volume Drops 45% Amid Tariff Tensions

Categories: News Flash

Date: Apr 30, 2025

The U.S.-China trade war is inflicting severe damage on the real economy. The volume of China-origin...

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Post USTR Policy: The Newbuilding Ordering Enigma

Categories: News Flash

Date: Apr 30, 2025

Newbuilding activity is expected to face a period of transition following the USTR policy decision. ...

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Capital Group Invests in KONGSBERG’s K-Sim Engine and -Cargo Simulators for New Training Center in Chios, Greece

Categories: News Flash

Date: Apr 30, 2025

Kongsberg Maritime has secured a contract with Capital Group, Greece, to deliver advanced K-Sim Engi...

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Modernizing Mooring: A leap of faith or a strategic advantage?

Categories: News Flash

Date: Apr 30, 2025

As ports contend with rising trade volumes, stricter environmental regulations, and increasing expec...

Artificial Intelligence Not Intelligent Enough To Diagnose Engine Problems – Yet!

Categories: News Flash

Date: Apr 29, 2025

Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial in...

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Commercial Impracticability and Frustration of Shipping Agreements in Uncertain Times

Categories: News Flash

Date: Apr 29, 2025

Highlights Long-term and short-term vessel agreements and contracts alike are sometimes impacte...

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India boosts buying of Russia’s ESPO oil in April as Chinese demand eases

Categories: News Flash

Date: Apr 29, 2025

India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2...

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Prospect of Binding Global Rules on Biofouling Management

Categories: News Flash

Date: Apr 29, 2025

IMO approves new recom­men­da­tions for underwater management of biofouling on ship hulls and tak...

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Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers

Categories: News Flash

Date: Apr 29, 2025

Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being ...

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Asia Fuel Oil Markets stable in thin trading momentum

Categories: News Flash

Date: Apr 29, 2025

Fuel oil markets were largely stable in Asia on Monday against a backdrop of thin trading momentum, ...

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New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

Categories: News Flash

Date: Apr 29, 2025

New analysis from S&P Global, released Monday by the World Shipping Council, highlights the crit...

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Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Categories: News Flash

Date: Apr 29, 2025

Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western ...

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New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

Categories: News Flash

Date: Apr 29, 2025

From May, the Mediterranean Sea is becoming the fifth Emission Control Area (ECA) globally, followin...

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Baltic index rises to three-week high as larger vessel rates firm

Categories: News Flash

Date: Apr 29, 2025

The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday d...

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India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

Categories: News Flash

Date: Apr 28, 2025

Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the k...

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Asian spot LNG prices hold at 1-year low as demand remains tepid

Categories: News Flash

Date: Apr 28, 2025

Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia...

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Black Sea may hold back world wheat supplies into 2026

Categories: News Flash

Date: Apr 28, 2025

The global wheat market narrative has recently shifted, though it’s easy to have missed it. Exp...

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Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Categories: News Flash

Date: Apr 28, 2025

Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of ...

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EU to present roadmap in May to phase out all imports of Russian fossil fuels

Categories: News Flash

Date: Apr 28, 2025

The European Commission will in the next two weeks present a roadmap on how it intends to phase out ...

Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Categories: News Flash

Date: Apr 28, 2025

Data highlight 1: China and Vietnam comparison Average spot rates into US West Coast on 16 March ...

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Trump says US ships should be allowed to travel through the Panama and Suez canals for free

Categories: News Flash

Date: Apr 28, 2025

U.S. President Donald Trump said on Saturday that American military and commercial ships should be a...