News Flash
There is no boredom at sea: about changes in maritime business in 2025
Categories: News Flash
Date: Feb 06, 2025
Maritime freight plays a key role in global trade. According to the IMO (International Maritime Orga...
LNG shipping rates plunge on increasing vessel availability
Categories: News Flash
Date: Feb 06, 2025
Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built...
Asia Distillates: Markets slip further; traders eye east-west spreads
Categories: News Flash
Date: Feb 05, 2025
Asia’s middle distillates markets fell as prompt paper activity continued to record a sell-off ahe...
U.S. coal exports reached a six-year record in June 2024
Categories: News Flash
Date: Feb 05, 2025
Gross U.S. coal exports in June 2024 totaled 10 million short tons, the most in a month since Octobe...
Lloyd’s Register (LR) has introduced its first class notation for fin stabilisers.
Categories: News Flash
Date: Feb 05, 2025
For decades, fin stabilisers have been considered a ‘nice to have’ feature rather than an essent...
China kills energy trade with the US, but initial impact is limited
Categories: News Flash
Date: Feb 05, 2025
The trade in crude oil, liquefied and coal between the United States and China is effectively dead a...
Corvus ESS will power the world’s first fully electric Offshore Vessel
Categories: News Flash
Date: Feb 05, 2025
Corvus Energy, the leading supplier of zero emission solutions for the offshore and marine industry,...
Hapag-Lloyd’s Ship Green: Leading the way into more sustainable shipping
Categories: News Flash
Date: Feb 05, 2025
Hapag-Lloyd’s Ship Green product offers businesses an innovative way to reduce their emissions foo...
High sulphur fuel premiums extend declines
Categories: News Flash
Date: Feb 05, 2025
Spot premiums for Asia’s high sulphur fuel oil (HSFO) market extended declines on Tuesday as softe...
Europe soaked up nearly all US LNG exports last month, data show
Categories: News Flash
Date: Feb 05, 2025
U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up dem...
Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn
Categories: News Flash
Date: Feb 05, 2025
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10%...
Baltic index extends gain as panamax, supramax rates firm
Categories: News Flash
Date: Feb 05, 2025
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...
CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports
Categories: News Flash
Date: Feb 04, 2025
CORE POWER (US) Inc has enlisted naval architecture and marine engineering firm Glosten to help thei...
Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance
Categories: News Flash
Date: Feb 04, 2025
The Republic will serve as a key hub in a new ocean network formed under an alliance between two maj...
Inland firm builds innovative green cargo ship sail
Categories: News Flash
Date: Feb 04, 2025
A manufacturing firm in landlocked Leicestershire is making waves in the shipping industry with a ne...
China navigates US tariff challenges, seeks cheap Canadian, Mexican crudes
Categories: News Flash
Date: Feb 04, 2025
China’s petroleum industry expects Beijing to be cautious about imposing countermeasures on energy...
Keeping crews connected is vital for their wellbeing, says The Hood
Categories: News Flash
Date: Feb 04, 2025
Providing access to social media and digital platforms to help seafarers stay connected with the out...
Platform publishes list of ships dismantled worldwide in 2024
Categories: News Flash
Date: Feb 04, 2025
The NGO Shipbreaking Platform publishes its 2024 annual list of ships dismantled worldwide. The data...
Fleet of abandoned ships is growing, leaving more sailors stuck at sea
Categories: News Flash
Date: Feb 04, 2025
More ships than ever are being abandoned around the world by their owners, according to the United N...
HSFO retreats in volatile market activity
Categories: News Flash
Date: Feb 04, 2025
Asia’s high sulphur fuel oil (HSFO) market pared back on Monday after rallying higher amid recent ...
VPS: How to engineer and manage green shipping fuels?
Categories: News Flash
Date: Feb 04, 2025
Effective management strategies and insights for evolving fuel use. Back in 2020, the IMO 2020 re...
IMO, cargo owners more crucial for green bunkers than financiers: Poseidon chair
Categories: News Flash
Date: Feb 04, 2025
Cargo owners and the International Maritime Organization could determine the pace of decarbonization...
Germany builds up LNG import terminals
Categories: News Flash
Date: Feb 03, 2025
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified b...
World’s Largest Sail Cargo Ship Neoliner Origin hits the water in Turkey
Categories: News Flash
Date: Feb 03, 2025
the Neoliner Origin – the world’s largest cargo ship to be powered primarily by sails – left i...
Tank-based reporting: simplifying biofuel tracking and compliance
Categories: News Flash
Date: Feb 03, 2025
Managing fuel storage and segregation is a delicate dance on tanker vessels. The typical fuel grades...
Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Categories: News Flash
Date: Feb 03, 2025
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in Febr...
Suez Canal Authority urges return of shipping companies as Houthis halt attacks
Categories: News Flash
Date: Feb 03, 2025
The Suez Canal Authority has urged shipping companies to resume using the key Egyptian waterway conn...
Asia-US container rates edge lower on LNY slowdown, roll out of new alliances
Categories: News Flash
Date: Feb 03, 2025
Rates for shipping containers from east Asia and China to the US ticked slightly lower this week, wh...
India: Budget unveils mega shipbuilding plan, eyes larger private investment
Categories: News Flash
Date: Feb 03, 2025
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the ...
With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official
Categories: News Flash
Date: Feb 03, 2025
President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says t...
E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times
Categories: News Flash
Date: Feb 03, 2025
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterp...
Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online
Categories: News Flash
Date: Feb 03, 2025
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today...