News Flash
US crude stockpiles fall as refining continues to rise, EIA says
Categories: News Flash
Date: Mar 27, 2025
U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasolin...
ClassNK Releases Benchmark Tank Test Data For Direct Load Analysis Programs Supporting The Development And Introduction Of New Vessel Types, Including Ultra-Large Container Ships
Categories: News Flash
Date: Mar 27, 2025
ClassNK has released benchmark tank test data that can be used as validation data for ‘direct load...
Direct Ocean Capture tech-based carbon removal credits offtake agreement and strategic partnership with Captura Corp.
Categories: News Flash
Date: Mar 27, 2025
Mitsui O.S.K. Lines, Ltd. and Captura Corp., on Monday, March 24, have become the first company to s...
Tankers with crude oil, gasoline arrive at Syria’s Baniyas: State media
Categories: News Flash
Date: Mar 27, 2025
Two tankers, one carrying 100,000 metric tons of crude oil and another carrying 5,600 tons of gasoli...
Russian oil freight rates from Baltic ports to India ease as more Western shipowners return
Categories: News Flash
Date: Mar 27, 2025
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent reco...
CMB.TECH and MOL sign landmark agreement for nine ammonia-powered vessels
Categories: News Flash
Date: Mar 26, 2025
CMB.TECH NV is pleased to announce that it has signed an agreement with Mitsui O.S.K. Lines, Ltd. (...
Lloyd’s Register expands advisory services to meet maritime industry’s evolving needs
Categories: News Flash
Date: Mar 26, 2025
This week, at Singapore Shipping Week, Lloyd’s Register (LR) will unveil its newly structured LR A...
HSFO cash premiums down for eighth straight session
Categories: News Flash
Date: Mar 26, 2025
Asia’s high sulphur fuel oil cash differentials remained week on Monday as oversupply concerns per...
China’s Container Crisis: Falling Rates and Cooling Demand Concern Traders & Lessors
Categories: News Flash
Date: Mar 26, 2025
China’s container logistics businesses face mounting pressure as declining container prices and le...
MEPC 83: “The Only Way To Drive Innovation In The Shipping Industry Is A Global Framework"
Categories: News Flash
Date: Mar 26, 2025
With the historical decision to be made at the upcoming 83rd meeting of the Marine Environment Prote...
Iranian oil tankers using forged Iraqi documents, Iraqi oil minister says
Categories: News Flash
Date: Mar 26, 2025
Iraq’s oil minister Hayan Abdel-Ghani has said Iranian oil tankers seized by U.S. forces in the Gu...
World’s 10 biggest public shipping companies top all time high profits of US$300bn in five years – but pay less than half average tax rate
Categories: News Flash
Date: Mar 26, 2025
New figures, released today from climate change NGO Opportunity Green in its latest report Global sh...
Trump’s fees on Chinese ships will hurt US companies, maritime executives to tell hearing
Categories: News Flash
Date: Mar 26, 2025
President Donald Trump’s plan to revitalize the U.S. shipbuilding industry is likely to backfire b...
Methanol holds edge over ammonia as green marine fuel alternative in near term: Proman
Categories: News Flash
Date: Mar 26, 2025
Ship owners are increasingly favoring methanol over ammonia as a marine fuel alternative despite bot...
Rising rates across all segments push Baltic index to one-week peak
Categories: News Flash
Date: Mar 26, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
EU ban on Russian LNG transshipment could disrupt winter supplies to China
Categories: News Flash
Date: Mar 25, 2025
The upcoming EU ban on the transshipment of Russian LNG at EU ports could disrupt winter supplies fr...
Seaspan expands AI adoption with 100 more ships equipped with Orca AI for enhanced safety and efficiency
Categories: News Flash
Date: Mar 25, 2025
Orca AI, a leader in maritime technology, celebrates a major milestone as Seaspan Corporation, a glo...
Xmar Achieves Major Milestone: 100,000 Metric Tonnes of Bunker Fuel Traded in Less Than Six Months
Categories: News Flash
Date: Mar 25, 2025
Xmar, the fast-growing digital bunker trading platform, has marked a major milestone in its rapid de...
IACS Publishes New Recommendation on 3D Printing for Marine and Offshore Applications
Categories: News Flash
Date: Mar 25, 2025
The International Association of Classification Societies (IACS) has published a new recommendation,...
Lloyd’s Register expands advisory services to meet maritime industry’s evolving needs
Categories: News Flash
Date: Mar 25, 2025
This week, at Singapore Shipping Week, Lloyd’s Register (LR) will unveil its newly structured LR A...
Value Maritime and MOL Complete Carbon Capture First
Categories: News Flash
Date: Mar 25, 2025
Value Maritime (VM) will provide a 15MW next generation EGCS Filtree with its additional Carbon Capt...
MEPC 83: The Only Way To Drive Innovation In The Shipping Industry Is A Global Framework
Categories: News Flash
Date: Mar 25, 2025
With the historical decision to be made at the upcoming 83rd meeting of the Marine Environment Prote...
World’s 10 biggest public shipping companies top all time high profits of US$300bn in five years – but pay less than half average tax rate
Categories: News Flash
Date: Mar 25, 2025
New figures, released today from climate change NGO Opportunity Green in its latest report Global sh...
Trump’s fees on Chinese ships will hurt US companies, maritime executives to tell hearing
Categories: News Flash
Date: Mar 25, 2025
President Donald Trump’s plan to revitalize the U.S. shipbuilding industry is likely to backfire b...
Methanol holds edge over ammonia as green marine fuel alternative in near term: Proman
Categories: News Flash
Date: Mar 25, 2025
Ship owners are increasingly favoring methanol over ammonia as a marine fuel alternative despite bot...
India to explore green shipping and digital business with Singapore
Categories: News Flash
Date: Mar 24, 2025
India’s green fuel and digital initiatives are set to enter the global trade through Singapore’s...
Advice for BIMCO members in relation to proposed US trade action
Categories: News Flash
Date: Mar 24, 2025
On 21 February, The Office of the United States Trade Representative (USTR) announced it was invitin...
Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II
Categories: News Flash
Date: Mar 24, 2025
Building upon the success of the inaugural fund launched in 2021, Motion Ventures Fund II aims to de...
Shipping Companies Rushing to Subscribe to Starlink to Prevent Young Sailors from Leaving
Categories: News Flash
Date: Mar 24, 2025
South Korean shipping companies are rushing to subscribe to U.S.-based SpaceX’s satellite communic...
Mediterranean Sea Designated as Emission Control Area for Sulphur Oxides
Categories: News Flash
Date: Mar 24, 2025
Starting from May 1, 2025, the Mediterranean Sea will be officially designated as an Emission Contro...
US Tariffs on Chinese built ships and fleets
Categories: News Flash
Date: Mar 24, 2025
The Club has been receiving enquiries and requests for draft charter clauses from members about the ...
Marine insurance industry advances climate reporting in third annual disclosure report
Categories: News Flash
Date: Mar 24, 2025
The Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global...