News Flash
Chinese shipping firm places record order for grain transport vessels
Categories: News Flash
Date: Oct 22, 2025
Cosco Shipping Bulk Co Ltd placed an order for 15 multipurpose grain transport ships on Oct 16, mark...
China gets tenth cargo from Russia’s Arctic LNG 2 despite sanctions
Categories: News Flash
Date: Oct 22, 2025
China has received a tenth cargo of liquefied natural gas (LNG) from Russia’s Arctic LNG 2 project...
Daikin Reefer unveils Planexia – a new era of telematics
Categories: News Flash
Date: Oct 22, 2025
Daikin Reefer today announces the launch of Planexia, its advanced and innovative telematics brand, ...
US, China port tariffs lend extra boost to VLCC freight rates
Categories: News Flash
Date: Oct 22, 2025
VLCC freight rates have surged as the onset of US and China port tariffs, with accompanying extra co...
New study reveals Korean and Chinese financiers and major European banks could be most exposed to climate risks in shipping
Categories: News Flash
Date: Oct 22, 2025
A substantial portion of ship financing is tied to fossil fuel carriers that face risks of stranding...
DNV: Nuclear Propulsion Is A Viable Solution For Maritime Decarbonization
Categories: News Flash
Date: Oct 22, 2025
According to a new paper by DNV, shifting environmental requirements are reigniting interest in nucl...
Dry Bulk Second-Hand Sales on the Rise
Categories: News Flash
Date: Oct 22, 2025
The dry bulk market second-hand market was quite active last week. In its latest weekly report, ship...
Cyprus Maritime 2025: Strengthening Greece–Cyprus Cooperation in Shipping and Advancing Shipbroking Education
Categories: News Flash
Date: Oct 20, 2025
Mr. John N. Cotzias, President of the Hellenic Shipbrokers Association (HSA), met with Ms. Marina Ha...
Maritime Beyond Methane (MARBEM) partner responds to IMO decision to delay Net-Zero Framework vote
Categories: News Flash
Date: Oct 20, 2025
In response to the International Maritime Organization’s (IMO) member vote on October 17 which saw...
ABS Scales Cutting-Edge Immersive Maritime Training with Strategic Acquisition of MetaSHIP from Orka Informatics
Categories: News Flash
Date: Oct 20, 2025
In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry,...
Tax sops for ships under Omani flag to boost marine transport
Categories: News Flash
Date: Oct 20, 2025
The Tax Authority has announced the suspension of the imposition of withholding tax on service contr...
“Disgraceful”: IMO Misses Boat on Tackling Shipping’s Contribution to Climate Change
Categories: News Flash
Date: Oct 20, 2025
The International Maritime Organization failed to adopt the world’s first-ever global, legally bin...
INTERTANKO to continue its focus on practical pathways in the absence of an agreement at IMO
Categories: News Flash
Date: Oct 20, 2025
After an intense week ending in a vote, the International Maritime Organization’s (IMO’s) Net Ze...
NGOs Slam UN Shipping Body Deferral of Plan to Cut Climate Pollution
Categories: News Flash
Date: Oct 20, 2025
As a special meeting of the International Maritime Organization’s Marine Environment Protection Co...
IMO net-zero shipping talks to resume in 2026
Categories: News Flash
Date: Oct 20, 2025
The International Maritime Organization (IMO) has agreed to adjourn the extraordinary session of the...
Navigating China’s new tonnage tariffs on US-linked shipping
Categories: News Flash
Date: Oct 20, 2025
News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shi...
VLCCs The Most Exposed from China’s Port Fees
Categories: News Flash
Date: Oct 20, 2025
Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. I...
ClassNK to class Japan’s first hydrogen fueled tugboat TEN-OH built by TSUNEISHI
Categories: News Flash
Date: Oct 18, 2025
ClassNK has added Japan’s first hydrogen-fueled tugboat TEN-OH to its register, which is built by ...
Iron ore set for weekly loss on renewed US-China trade tension, rising supply
Categories: News Flash
Date: Oct 18, 2025
Iron ore futures headed for a weekly loss, with concerns surrounding the demand outlook due to U.S.-...
Indian refiners make rare purchases of Guyanese grades, sources say
Categories: News Flash
Date: Oct 18, 2025
Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil ...
Thun Tankers launched “Thun Renew” – a vessel built for a sustainable future
Categories: News Flash
Date: Oct 18, 2025
Erik Thun Group has launched Thun Renew, the third out of eight vessels in its innovative R-Class se...
Kongsberg Maritime celebrates 10 years of rim-drive thruster innovation
Categories: News Flash
Date: Oct 18, 2025
Kongsberg Maritime proudly marks a decade since the launch of its pioneering rim-drive permanent mag...
Asia Fuel Oil Differentials steady in thin pre-Diwali holiday trade
Categories: News Flash
Date: Oct 18, 2025
Spot differentials for fuel oil markets were little changed on Friday in Asia as pre-Diwali holiday ...
International Chamber of Shipping disappointed that Member States have not been able to agree
Categories: News Flash
Date: Oct 18, 2025
The International Chamber of Shipping (ICS) comments following the conclusion of the International M...
WEST OF SUEZ DIRTY TANKER QUARTERLY: Production increases lend support to larger ship sizes
Categories: News Flash
Date: Oct 18, 2025
The West of Suez Very Large Crude Carrier market saw levels firm to multi-year highs toward the end ...
Baltic Index Logs Weekly Gain As All Vessel Segments Rise In Tandem
Categories: News Flash
Date: Oct 18, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
Global trade’s tightrope walk
Categories: News Flash
Date: Oct 18, 2025
The world economy has successfully avoided the initial, catastrophic blow from the recent surge in t...
Sweden’s National Hydrographer, Magnus Wallhagen, Nominated for Secretary-General of the International Hydrographic Organization (IHO)
Categories: News Flash
Date: Oct 17, 2025
Magnus Wallhagen, National Hydrographer of Sweden, has been nominated as a candidate for the positio...
LR: New guidance provides industry-first roadmap for nuclear-powered shipping
Categories: News Flash
Date: Oct 17, 2025
The new guidance promotes nuclear power as a reliable maritime energy source, addressing the complex...
Asia Fuel Markets little changed; high inventories cap recovery
Categories: News Flash
Date: Oct 17, 2025
Asia fuel oil markets were broadly steady on Thursday, with high supply inventories capping recovery...
RINA Awarded FEED Contract for PETRONAS’ Flagship CCS Project in Malaysia
Categories: News Flash
Date: Oct 17, 2025
RINA, the global engineering consultancy, inspection and certification group, has been awarded the F...
High Wages Drive Fake CV Trend in Tanker Market
Categories: News Flash
Date: Oct 17, 2025
A growing number of seafarers are falsifying their CVs to secure higher-paying jobs in the tanker ma...