News Flash
FONASBA broadens membership at 2025 AGM in Istanbul
Categories: News Flash
Date: Oct 24, 2025
Between 14 – 17 October, the Federation of National Associations of Ship Brokers and Agents (FONAS...
Evaluation and financing is provided to Uyeno Transtech Ltd. based on “Zero-Emission Accelerating Ship Finance”— Supporting efforts to realize low-/zero-emission ships
Categories: News Flash
Date: Oct 24, 2025
Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Deve...
China state oil majors suspend Russian oil buys due to sanctions, sources say
Categories: News Flash
Date: Oct 24, 2025
Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States im...
India poised to sharply cut Russian oil imports after sanctions, sources say
Categories: News Flash
Date: Oct 24, 2025
Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctio...
HD KSOE awarded DNV AiP for SMR-powered container vessel design
Categories: News Flash
Date: Oct 24, 2025
Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an...
Market impact from new US, China port fees less than expected – analyst
Categories: News Flash
Date: Oct 24, 2025
New port fees applied by China and the US on each other’s vessels that took effect on 14 October h...
HSFO rebounds slightly; inventories dip but remain high
Categories: News Flash
Date: Oct 24, 2025
Asia’s spot market for high sulphur fuel oil (HSFO) recovered slightly on Thursday, while onshore ...
Shipping industry finds fresh momentum at Annual Summit following IMO delay
Categories: News Flash
Date: Oct 24, 2025
Only days after the International Maritime Organization’s (IMO) Member States voted to postpone a ...
Fugro completes site investigations for TenneT’s offshore grid connection projects
Categories: News Flash
Date: Oct 22, 2025
Fugro has completed comprehensive land and marine site investigations for TenneT Germany, a leading ...
Second Edition of ‘Ship to Ship Transfer Guide for Petroleum, Chemicals and Liquefied Gases’ Published
Categories: News Flash
Date: Oct 22, 2025
The Chemical Distribution Institute (CDI), International Chamber of Shipping (ICS), Oil Companies In...
Asia Fuel Oil: Market structure softens; regional supply stays ample
Categories: News Flash
Date: Oct 22, 2025
The market structure for fuel oil softened in Asia on Tuesday, with prompt intermonth spreads for bo...
Chinese shipping firm places record order for grain transport vessels
Categories: News Flash
Date: Oct 22, 2025
Cosco Shipping Bulk Co Ltd placed an order for 15 multipurpose grain transport ships on Oct 16, mark...
China gets tenth cargo from Russia’s Arctic LNG 2 despite sanctions
Categories: News Flash
Date: Oct 22, 2025
China has received a tenth cargo of liquefied natural gas (LNG) from Russia’s Arctic LNG 2 project...
Daikin Reefer unveils Planexia – a new era of telematics
Categories: News Flash
Date: Oct 22, 2025
Daikin Reefer today announces the launch of Planexia, its advanced and innovative telematics brand, ...
US, China port tariffs lend extra boost to VLCC freight rates
Categories: News Flash
Date: Oct 22, 2025
VLCC freight rates have surged as the onset of US and China port tariffs, with accompanying extra co...
New study reveals Korean and Chinese financiers and major European banks could be most exposed to climate risks in shipping
Categories: News Flash
Date: Oct 22, 2025
A substantial portion of ship financing is tied to fossil fuel carriers that face risks of stranding...
DNV: Nuclear Propulsion Is A Viable Solution For Maritime Decarbonization
Categories: News Flash
Date: Oct 22, 2025
According to a new paper by DNV, shifting environmental requirements are reigniting interest in nucl...
Dry Bulk Second-Hand Sales on the Rise
Categories: News Flash
Date: Oct 22, 2025
The dry bulk market second-hand market was quite active last week. In its latest weekly report, ship...
Cyprus Maritime 2025: Strengthening Greece–Cyprus Cooperation in Shipping and Advancing Shipbroking Education
Categories: News Flash
Date: Oct 20, 2025
Mr. John N. Cotzias, President of the Hellenic Shipbrokers Association (HSA), met with Ms. Marina Ha...
Maritime Beyond Methane (MARBEM) partner responds to IMO decision to delay Net-Zero Framework vote
Categories: News Flash
Date: Oct 20, 2025
In response to the International Maritime Organization’s (IMO) member vote on October 17 which saw...
ABS Scales Cutting-Edge Immersive Maritime Training with Strategic Acquisition of MetaSHIP from Orka Informatics
Categories: News Flash
Date: Oct 20, 2025
In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry,...
Tax sops for ships under Omani flag to boost marine transport
Categories: News Flash
Date: Oct 20, 2025
The Tax Authority has announced the suspension of the imposition of withholding tax on service contr...
“Disgraceful”: IMO Misses Boat on Tackling Shipping’s Contribution to Climate Change
Categories: News Flash
Date: Oct 20, 2025
The International Maritime Organization failed to adopt the world’s first-ever global, legally bin...
INTERTANKO to continue its focus on practical pathways in the absence of an agreement at IMO
Categories: News Flash
Date: Oct 20, 2025
After an intense week ending in a vote, the International Maritime Organization’s (IMO’s) Net Ze...
NGOs Slam UN Shipping Body Deferral of Plan to Cut Climate Pollution
Categories: News Flash
Date: Oct 20, 2025
As a special meeting of the International Maritime Organization’s Marine Environment Protection Co...
IMO net-zero shipping talks to resume in 2026
Categories: News Flash
Date: Oct 20, 2025
The International Maritime Organization (IMO) has agreed to adjourn the extraordinary session of the...
Navigating China’s new tonnage tariffs on US-linked shipping
Categories: News Flash
Date: Oct 20, 2025
News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shi...
VLCCs The Most Exposed from China’s Port Fees
Categories: News Flash
Date: Oct 20, 2025
Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. I...
ClassNK to class Japan’s first hydrogen fueled tugboat TEN-OH built by TSUNEISHI
Categories: News Flash
Date: Oct 18, 2025
ClassNK has added Japan’s first hydrogen-fueled tugboat TEN-OH to its register, which is built by ...
Iron ore set for weekly loss on renewed US-China trade tension, rising supply
Categories: News Flash
Date: Oct 18, 2025
Iron ore futures headed for a weekly loss, with concerns surrounding the demand outlook due to U.S.-...
Indian refiners make rare purchases of Guyanese grades, sources say
Categories: News Flash
Date: Oct 18, 2025
Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil ...
Thun Tankers launched “Thun Renew” – a vessel built for a sustainable future
Categories: News Flash
Date: Oct 18, 2025
Erik Thun Group has launched Thun Renew, the third out of eight vessels in its innovative R-Class se...