News Flash

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The UGS Reinforces Commitment to Europe’s Maritime Future in Meeting with Commissioner Tzitzikostas

Categories: News Flash

Date: Mar 20, 2025

The President of the Union of Greek Shipowners (UGS), Ms Melina Travlos, and members of the UGS Boar...

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GNV Tests RINA’s Machine Learning and Predictive Models to Optimize Energy Use on New Vessel

Categories: News Flash

Date: Mar 19, 2025

GNV has chosen RINA’s SERTICA Performance for the latest addition to its fleet, the GNV Polaris, s...

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Dan-Bunkering completes Union Bulk’s first biofuel operation in Singapore

Categories: News Flash

Date: Mar 19, 2025

Dan-Bunkering has completed Union Bulk’s first ever bunkering of biofuel in Singapore. The deliver...

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PPG announces first drydocking for COSCO Shipping with electrostatic application of PPG SIGMAGLIDE coating

Categories: News Flash

Date: Mar 19, 2025

PPG announced the first drydocking for COSCO Shipping Energy Transportation Ltd. using electrostatic...

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HarborLab fully embeds Artificial Intelligence into platform ecosystem as it launches new AI-powered disbursement agent tool

Categories: News Flash

Date: Mar 19, 2025

HarborLab, the Athens-based maritime technology company, has launched a new AI-powered feature desig...

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China’s steel and iron ore swing between hopeful outlook and grim reality

Categories: News Flash

Date: Mar 19, 2025

China’s iron ore and steel sectors are caught between expectations that conditions are about to im...

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HSFO extends decline; more incoming supplies eyed

Categories: News Flash

Date: Mar 19, 2025

Spot premiums for high sulphur fuel oil (HSFO) retreated further on Tuesday, while more supplies con...

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United Maritime Says Alternative Trade Routes Could Emerge

Categories: News Flash

Date: Mar 19, 2025

United Maritime Corporation, announced its financial results for the fourth quarter and twelve month...

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Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

Categories: News Flash

Date: Mar 19, 2025

The cost of shipping goods through the Red Sea is expected to remain firm after the United States ca...

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Dry bulk likely first shipping victim of turbulent tariffs landscape

Categories: News Flash

Date: Mar 19, 2025

The shipping industry faces mounting pressure as the US, China, Canada, and the EU engage in recipro...

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Baltic Index Down on Lower Capesize Rates

Categories: News Flash

Date: Mar 19, 2025

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...

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Iran to expand shipping routes to West and Southwest Africa

Categories: News Flash

Date: Mar 18, 2025

Iran plans to expand its shipping routes to West and Southwest Africa following a decision by the Af...

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“K” LINE’s UK Subsidiary to Be Reorganized and Renamed

Categories: News Flash

Date: Mar 18, 2025

“K” LINE LNG SHIPPING (UK) LIMITED, a London-based corporation wholly owned by Kawasaki Kisen Ka...

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OrbitMI and Statu Shipping Partner to Enhance Compliance and Emissions Management Across its Fleet

Categories: News Flash

Date: Mar 18, 2025

OrbitMI, a leading provider of maritime SaaS software, announces that Istanbul-based Statu Shipping ...

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Iron ore drops as China property data raises demand concerns

Categories: News Flash

Date: Mar 18, 2025

Iron ore futures slumped on Monday, as a series of property data from top consumer China heightened ...

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ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

Categories: News Flash

Date: Mar 18, 2025

Yesterday, the International Chamber of Shipping (ICS) and the Comité Maritime International (CMI) ...

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Maritime Technologies Forum Announces New Report to Strengthen Ship Management for Ammonia-fuelled Ships

Categories: News Flash

Date: Mar 18, 2025

The Maritime Technologies Forum (MTF) has today released a report providing recommendations on how t...

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New Shipbuilding Forces Could Emerge in the Coming Years

Categories: News Flash

Date: Mar 18, 2025

USA, India, Vietnam could emerge among the leading gainers from US’ new policies when it comes to ...

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Why e-methanol is a game changer for decarbonizing shipping and industry

Categories: News Flash

Date: Mar 18, 2025

Worldwide, policy-makers and industry leaders are ramping up the decarbonization of “hard-to-abate...

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Titan completes first bunkering to MOL under new term contract

Categories: News Flash

Date: Mar 18, 2025

Titan Clean Fuels (Titan) and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied b...

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Hefty port entrance fees likely pass on to consumers in the US

Categories: News Flash

Date: Mar 18, 2025

The United States’ plan to impose substantial port docking fees on Chinese ships is likely to be p...

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Economic Fears, Trade War Will Hit European Diversified Industrials’ Orders

Categories: News Flash

Date: Mar 17, 2025

Concerns over global economic growth and tariffs, as well as continuing weakness in some end-markets...

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Federal Reserve preview: No imminent pressure, but downside growth risks point to 2H rate cuts

Categories: News Flash

Date: Mar 17, 2025

The economy isn’t living up to expectations At the start of the year there was plenty of optimism...

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Asian spot LNG prices dip amid tepid demand

Categories: News Flash

Date: Mar 17, 2025

Asian spot liquefied natural gas (LNG) prices slipped this week to a three-month low, as tepid deman...

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Barclays cuts 2025 Brent oil price forecast on soft demand view

Categories: News Flash

Date: Mar 17, 2025

Barclays lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a soft...

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Cyprus: ‘Challenging’ year ahead for shipping, says president

Categories: News Flash

Date: Mar 17, 2025

The year 2025 is expected to be another challenging year for international shipping, which should re...

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MOL, Namura Shipbuilding, Mitsubishi Shipbuilding Acquire AiP for Large Ammonia-powered Ammonia Carrier- Major Step toward Enhanced Ammonia Transport Capacity

Categories: News Flash

Date: Mar 17, 2025

Mitsui O.S.K. Lines, Ltd. announced that a large-size ammonia-powered ammonia carrier, under joint d...

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Charting the uncharted: The (un)intended consequences of oil sanctions and dark shipping

Categories: News Flash

Date: Mar 17, 2025

Despite formal restrictions, untracked oil continues to reach global markets, calling into question ...

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Russian diesel continues to flow to Syria on US-sanctioned tankers, data shows

Categories: News Flash

Date: Mar 17, 2025

A second tanker under U.S. sanctions is moored near the Syrian port of Banias and may deliver a dies...

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Tankers: VLCCs Slightly Higher Last Week

Categories: News Flash

Date: Mar 17, 2025

Clean LR2 MEG LR2’s have been in notable demand this week, as a result freight levels have s...

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Americas Aframax demand could take a hit amid non-renewal of Venezuelan sanctions waiver

Categories: News Flash

Date: Mar 17, 2025

The US Department of the Treasury recently announced that Chevron’s sanctions waiver was not renew...

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CK Hutchison falls on report China rebukes co’s ports deal

Categories: News Flash

Date: Mar 15, 2025

Shares of CK Hutchison 1 fall as much as 6.7% to HK$46.10, their lowest since March 5, as China rebu...