News Flash
Prompt cargoes weigh on North Sea differentials, but traders see recovery ahead
Categories: News Flash
Date: May 17, 2025
While an ongoing excess of prompt cargoes has kept North Sea crude differentials moving sideways aro...
HSFO cracks jump but spot benchmarks capped
Categories: News Flash
Date: May 17, 2025
Cracks for high sulphur fuel oil (HSFO) hit fresh highs in Asia on Friday, though spot benchmarks re...
CMA CGM: A solid Group continuing its transformation in an unstable market environment
Categories: News Flash
Date: May 17, 2025
The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutio...
EIA forecasts world oil consumption growth to slow amid less economic activity
Categories: News Flash
Date: May 17, 2025
We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years...
ClassNK Academy starts offering the 2025 edition of e-learning courses- covering industry basics, ship design, structural strength, and cybersecurity
Categories: News Flash
Date: May 17, 2025
ClassNK has started offering the 2025 edition of ClassNK Academy’s e-learning content. These cours...
Russia may use military force to protect shadow fleet, Estonia warns
Categories: News Flash
Date: May 17, 2025
Moscow is using ageing vessels in an effort to dodge international sanctions on its oil exports. ...
ZeroNorth and Veracity by DNV launch end-to-end emissions reporting and verification service for the maritime industry, with Teekay as first customer
Categories: News Flash
Date: May 17, 2025
As regulatory requirements tighten, maritime operators face growing demands for emissions transparen...
Szczecin Declaration: Competitiveness of European shipping at the centre of EU maritime industrial strategy
Categories: News Flash
Date: May 17, 2025
EU ministers signed this week the Szczecin Declaration on the EU maritime industrial strategy during...
Geopolitical realignment of the world’s copper trade
Categories: News Flash
Date: May 17, 2025
The global copper supply chain has experienced an intense transformation over the last twenty years,...
New Lloyd’s Register report simplifies complex regulatory landscape
Categories: News Flash
Date: May 17, 2025
A new Lloyd’s Register report outlines the upcoming changes to mandatory statutory regulations and...
Marko Tulokas appointed President and CEO of Konecranes
Categories: News Flash
Date: May 16, 2025
Konecranes has appointed Marko Tulokas (b. 1972) as its new President and CEO as of June 1, 2025. He...
Valencia port strengthens ties with the Moroccan market
Categories: News Flash
Date: May 16, 2025
To strengthen the North African market and establish new trade relations to consolidate Valencia por...
Qingdao Port opens general cargo route to Mumbai
Categories: News Flash
Date: May 16, 2025
A general cargo ship carrying construction machinery, equipment and steel products recently departed...
Korean shipbuilders, USTR to discuss cooperation during APEC trade ministers meeting
Categories: News Flash
Date: May 16, 2025
The heads of Korea’s leading shipbuilding companies — HD Hyundai and Hanwha Ocean — will hold ...
Swedish-produced biomethane bunkered at the Port of Gothenburg
Categories: News Flash
Date: May 16, 2025
For the first time, St1 and St1 Biokraft have delivered their own Swedish-produced liquefied biometh...
Creating the World’s First Ammonia-fueled Vessel Augmenting Safety Measures with Input from Marine Engineers
Categories: News Flash
Date: May 16, 2025
In August 2024, the world’s first ammonia-fueled vessel for commercial-use entered service in Toky...
FuelEU Maritime: Smarter compliance could unlock a €250m upside for shipping
Categories: News Flash
Date: May 16, 2025
As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surpr...
ABS Publishes Industry-Leading Safety Insights for Ammonia as a Marine Fuel
Categories: News Flash
Date: May 16, 2025
How does ammonia behave when it leaks in an engine room? How does a cloud of escaped ammonia dispers...
EU targets almost 200 tankers under new Russian sanctions package
Categories: News Flash
Date: May 16, 2025
The EU will blacklist almost 200 “shadow tankers” as part of its 17th sanctions package against ...
A historic course correction: how the world’s shipping sector is setting sail for net zero
Categories: News Flash
Date: May 16, 2025
Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is ...
Edison Opens The American Route: First Long-Term LNG Cargo For The Italian Market
Categories: News Flash
Date: May 15, 2025
Edison announces the arrival in Italy of the first cargo of liquefied natural gas (LNG) from the Uni...
BIMCO’s new President: Paul Pathy of Fednav
Categories: News Flash
Date: May 15, 2025
Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, has been el...
Hong Kong’s CK Hutchison assures legal compliance in ports deal
Categories: News Flash
Date: May 15, 2025
Hong Kong’s CK Hutchison said late on Monday that its closely monitored ports deal would strictly ...
West of England P&I: Strong Growth and Resilience Amid Market Challenges in 2024-25
Categories: News Flash
Date: May 15, 2025
The Club is pleased to announce another year of strong financial results as it continues to deliver ...
Egypt’s Suez Canal offers 15-pct discount for large container ships
Categories: News Flash
Date: May 15, 2025
The Suez Canal Authority (SCA) announced on Tuesday a 15-percent discount on transit fees for large ...
Saudi oil supply to China set to stay at one-year high in June, sources say
Categories: News Flash
Date: May 15, 2025
Saudi Arabia’s crude oil supply to China will hold steady in June after hitting the highest in mor...
Panamanian Seafarer Employment Sees 12% Growth In Early 2025
Categories: News Flash
Date: May 15, 2025
The Panama Maritime Authority (PMA) has announced a 12% rise in employment contracts for Panamanian ...
Asia Fuel Oil: Spot HSFO reverts to discount in volatile market
Categories: News Flash
Date: May 15, 2025
Asia’s spot differential for 380-cst high sulphur fuel oil (HSFO) sank into a discount on Wednesda...
Stand.earth on groundbreaking SFOC analysis: 12 billion metric tonnes of pollution enabled by LNG tankers
Categories: News Flash
Date: May 15, 2025
Environmental organizations Solutions for Our Climate (SFOC) released a groundbreaking analysis “N...
Baltic Index Extends Declines On Lower Capesize, Panamax Rates
Categories: News Flash
Date: May 15, 2025
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...
'Mere Paas Bomb Hai?': Passenger Arrested at Kolkata Airport After Alarming Remark Causes Flight Delay
Categories: News Flash
Date: May 14, 2025
KOLKATA – A 26-year-old passenger from Imphal was arrested at Kolkata airport on Monday afternoon ...
Iron ore touches over 2-week high on China-US trade truce, caution caps gains
Categories: News Flash
Date: May 14, 2025
Prices of iron ore futures touched a more than two-week high on Tuesday, supported by a U.S.-China t...