News Flash
Wallenius Marine and ABB Form Joint Venture to Offer Innovative Fleet Support Center Service
Categories: News Flash
Date: Sep 02, 2025
Wallenius Marine and global technology leader ABB launch a joint venture to accelerate the global ro...
Closelink and StormGeo integration improves lubricant management
Categories: News Flash
Date: Sep 02, 2025
Closelink GmbH, a maritime technology company specialising in marine lubricant procurement, and Stor...
WinGD joins MAMII initiative tackling methane from LNG-powered ships
Categories: News Flash
Date: Sep 02, 2025
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), b...
The world’s first complete commercial ammonia fueled engine has been accomplished
Categories: News Flash
Date: Sep 02, 2025
Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engin...
The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future
Categories: News Flash
Date: Sep 02, 2025
The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a st...
OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)
Categories: News Flash
Date: Sep 02, 2025
OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industr...
Asia Fuel Oil: Spot benchmarks little changed in quiet trade
Categories: News Flash
Date: Sep 02, 2025
Spot benchmarks for fuel oil were steady amid thin trading on Monday, with bids and offers fluctuati...
Shadow tanker operators swing between sanctioned countries to support oil flows
Categories: News Flash
Date: Sep 02, 2025
Russia, Iran and Venezuela — all under various US and EU sanctions targeting their energy exports ...
Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax
Categories: News Flash
Date: Sep 02, 2025
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
US low-value package tariff exemption ends, raising costs for shippers, consumers
Categories: News Flash
Date: Sep 01, 2025
The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and...
How CEOs are responding to geopolitical uncertainty
Categories: News Flash
Date: Sep 01, 2025
When the rules of global trade could change any day, how do you make decisions? McKinsey experts rep...
India committed to improving ties with China, Modi tells Xi
Categories: News Flash
Date: Sep 01, 2025
Indian Prime Minister Narendra Modi said New Delhi was committed to improving ties with Beijing in a...
South African bunker group highlights concerns about new STS rules
Categories: News Flash
Date: Sep 01, 2025
The Bunker Industry Association of South Africa on Aug. 29 voiced concerns about new environmental r...
Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports
Categories: News Flash
Date: Sep 01, 2025
Freight rates for Russian crude shipments from Baltic ports to India have risen in August, driven by...
The Energy-Efficient Route to Maritime Decarbonization
Categories: News Flash
Date: Sep 01, 2025
Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in th...
Furetank achieves fossil-free vessel operations with renewable fuels
Categories: News Flash
Date: Sep 01, 2025
Furetank is now taking a crucial step towards fossil freedom, operating its EU-based fleet on biogas...
Shipping: Environmental Regulations Adding to Costs
Categories: News Flash
Date: Sep 01, 2025
A flurry of new regulations has entered into force since the beginning of the decade for shipping, l...
Hapag-Lloyd tackles huge fleet upgrade programme with DNV support
Categories: News Flash
Date: Sep 01, 2025
Adapting flexibly to new regulatory and market conditions has always been key to the success of Hapa...
Dry Bulk Market: Capesizes Have a Mixed Week
Categories: News Flash
Date: Sep 01, 2025
Capesize The Capesize market delivered a mixed yet broadly steady performance this week, with under...
Baosteel expects China’s steel exports to stay above 100 million tons in 2025
Categories: News Flash
Date: Aug 30, 2025
China’s biggest listed steelmaker Baoshan Iron & Steel Co 600019 expects the country’s total...
Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows
Categories: News Flash
Date: Aug 30, 2025
A tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 plant has moored at ...
How regs and tech are reshaping bulk carrier operations
Categories: News Flash
Date: Aug 30, 2025
The bulk carrier sector is being reshaped by a combination of stringent new regulations and digital ...
Atlantic Shrike Achieves 11% Fuel Reduction With Seaq Energy Storage System
Categories: News Flash
Date: Aug 30, 2025
Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the succe...
Georgia Ports economic impact jumps 7% in 2024
Categories: News Flash
Date: Aug 30, 2025
Port activity in Georgia now supports 650,965 full- and part-time jobs across the Peach State, accor...
HD Hyundai to merge shipbuilding units, eyeing defense expansion
Categories: News Flash
Date: Aug 30, 2025
HD Hyundai Heavy Industries Co., the world’s largest shipyard by order volume, will merge with HD ...
Hanwha announces $5 billion Philly Shipyard investment as part of South Korea’s commitment to US shipbuilding growth
Categories: News Flash
Date: Aug 30, 2025
Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South ...
Platts to launch delivered Rotterdam Subsidised Bio-LNG bunker fuel assessment and update carbon intensity value
Categories: News Flash
Date: Aug 30, 2025
Platts, part of S&P Global Commodity Insights, will launch a daily Rotterdam subsidised bio-LNG ...
Furetank launches company for trading emission reductions in shipping
Categories: News Flash
Date: Aug 30, 2025
The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut gree...
Baltic Index Climbs On Higher Capesize And Supramax Rates
Categories: News Flash
Date: Aug 30, 2025
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk com...
Importing crude oil from Canada remains unfeasible for India as of now: Govt source
Categories: News Flash
Date: Aug 29, 2025
Importing crude oil from Canada is currently not feasible for India due to the high cost required to...
Europe gas markets escape hectic LNG summer storage race
Categories: News Flash
Date: Aug 29, 2025
European gas traders have faced a stressful race against the clock in recent summers as they have sc...
China is capping coal production to support prices, top miner and analysts say
Categories: News Flash
Date: Aug 29, 2025
China has placed curbs on coal production following an unexpected supply increase in the first half ...