News Flash
Asian countries look to buy more US energy to offset trade imbalance
Categories: News Flash
Date: Apr 19, 2025
Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade sur...
Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off
Categories: News Flash
Date: Apr 19, 2025
Costamare Inc. announced that its Board of Directors has approved the previously announced spin-off ...
Exports of sanctioned Russian Arctic oil to China set to rise in April, sources say
Categories: News Flash
Date: Apr 19, 2025
Russia’s exports of Arctic oil to China are set to rise sharply in April after sellers offered wid...
Record-breaking carbon emissions in ocean container shipping: here’s what shippers need to know
Categories: News Flash
Date: Apr 19, 2025
Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, ...
IMO: Outcomes of the Marine Environment Protection Committee (MEPC 83)
Categories: News Flash
Date: Apr 19, 2025
The Marine Environment Protection Committee (MEPC) met for its 83rd session in person at IMO Headqua...
Baltic Index Rises On Strong Rates Across Vessels
Categories: News Flash
Date: Apr 19, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
Russian Arctic oil exports to China jump helped by STS transfers, sources say
Categories: News Flash
Date: Apr 19, 2025
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-t...
Global LNG freight falls sharply as Bintulu LNG’s up to three trains temporarily down
Categories: News Flash
Date: Apr 19, 2025
Global LNG freight tumbled sharply April 16 as at least three of the nine trains at Bintulu LNG were...
Gasoline traders shift exports to West Africa amid US tariff threats
Categories: News Flash
Date: Apr 17, 2025
Threats of further tariffs from the US and an ongoing arbitrage to West Africa have led to an unseas...
VLSFO spot premium inches up on more trading momentum
Categories: News Flash
Date: Apr 17, 2025
Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after ...
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
Categories: News Flash
Date: Apr 17, 2025
The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current condition...
Agreement Reached on New Global Minimum Wage for Seafarers
Categories: News Flash
Date: Apr 17, 2025
The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiati...
Ship Recycling Unchanged After Eid Holidays
Categories: News Flash
Date: Apr 17, 2025
Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best ...
Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast
Categories: News Flash
Date: Apr 17, 2025
Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and ...
Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag
Categories: News Flash
Date: Apr 17, 2025
Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five ...
WinGD X-EL wins first hybrid integration project for wind-assisted vessels
Categories: News Flash
Date: Apr 17, 2025
Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT...
V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers
Categories: News Flash
Date: Apr 17, 2025
V., the global ship manager and marine services provider, has been awarded the full technical and cr...
China is set to import more Russian LNG in 2025, ambassador says
Categories: News Flash
Date: Apr 17, 2025
China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassado...
Trump tariffs to trigger seismic trade shifts
Categories: News Flash
Date: Apr 16, 2025
The spectre of significant US import tariffs, reintroduced and expanded under a second Trump adminis...
The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation
Categories: News Flash
Date: Apr 16, 2025
SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework ...
INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures
Categories: News Flash
Date: Apr 16, 2025
At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member Stat...
Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard
Categories: News Flash
Date: Apr 16, 2025
The Maritime and Port Authority of Singapore (MPA) was alerted at about 1:30pm on 14 April 2025 that...
Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606
Categories: News Flash
Date: Apr 16, 2025
Damen Shipyards Group has signed a contract with Istanbul-based Arena Offshore A.S. for the local co...
DataMondial launches new AI-driven service for processing ocean freight rates
Categories: News Flash
Date: Apr 16, 2025
DataMondial, a leading player in the world of data and document processing, proudly announces the la...
Italian tycoon emerges as lead investor for CK Hutchison ports
Categories: News Flash
Date: Apr 16, 2025
Italian billionaire Gianluigi Aponte’s family-run business is emerging as the lead investor of a g...
Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE
Categories: News Flash
Date: Apr 16, 2025
Japan’s crude imports have been on a decline from 2022 to 2024. This was due to a confluence of fa...
Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare
Categories: News Flash
Date: Apr 16, 2025
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat...
ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers
Categories: News Flash
Date: Apr 16, 2025
The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some...
Supply chain fraud – the dangers of granting extended credit
Categories: News Flash
Date: Apr 15, 2025
Fraudulent strategies can prove extremely profitable to the international criminal fraternity and th...
South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China
Categories: News Flash
Date: Apr 15, 2025
U.S. President Donald Trump signed an executive order on April 9 (local time) to sanction Chinese cr...
Iran: Nearly 235m tons of cargo handled at ports in a year
Categories: News Flash
Date: Apr 15, 2025
Iran’s ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025,...
Gateway Terminals India signs MoU launching Skill Development Programme
Categories: News Flash
Date: Apr 15, 2025
Gateway Terminals India (GTI) – also known as APM Terminals Mumbai – has signed a Memorandum of ...