News Flash

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CoolCo to extend its digitalisation program with Kongsberg Digital on its Fleet of LNG Carriers

Categories: News Flash

Date: Mar 13, 2025

Kongsberg Digital has signed an agreement with Cool Company Ltd. (CoolCo) to extend the deployment o...

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IMO: Statement on the loss of seafarers in the attack on a merchant ship in Odesa

Categories: News Flash

Date: Mar 13, 2025

Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has issued a st...

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UK ship crash captain is Russian national, owner says

Categories: News Flash

Date: Mar 13, 2025

The captain of a ship that hit a U.S. tanker off northeast England is a Russian national, the compan...

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Yemeni Armed Forces ban all Israeli ships from passing via Red Sea, Bab al-Mandab Strait

Categories: News Flash

Date: Mar 13, 2025

All Israeli ships are now banned from passing through the Red Sea, Bab al-Mandab Strait, the Gulf of...

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Trump is targeting China-made containerships in new flank of global economic war on the oceans

Categories: News Flash

Date: Mar 13, 2025

U.S. government pushback against China’s growing dominance in the shipbuilding industry that began...

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Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China

Categories: News Flash

Date: Mar 12, 2025

At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang ...

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AYK Energy strikes landmark deal with Turkish yard to supply the world’s first battery-methanol tug

Categories: News Flash

Date: Mar 12, 2025

Marine battery maker AYK Energy has been commissioned to manufacture and supply the 6MWh battery tha...

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Danelec Expands High-Frequency Data Installed-Base with 15,000 Ships Now Connected

Categories: News Flash

Date: Mar 12, 2025

Danelec, a global leader in maritime data solutions, reports that its high-frequency data (HFD) coll...

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Verde Marine Energy BV Expands operations with VLSFO Fuel Oil Supplies

Categories: News Flash

Date: Mar 12, 2025

Verde Marine Energy BV is proud to announce the commencement of its Very Low Sulphur Fuel Oil (VLSFO...

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Ship collision off UK coast: Xeneta analyst response

Categories: News Flash

Date: Mar 12, 2025

The below quotes and insight are in response to the collision between the container ship Solong and ...

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HSFO premium stable, robust trading continues

Categories: News Flash

Date: Mar 12, 2025

Asia’s high sulphur fuel oil (HSFO) premium held largely stable on Tuesday, while a flurry of rang...

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Salvage crews head to scene of jet fuel tanker crash off UK

Categories: News Flash

Date: Mar 12, 2025

Salvage crews headed to a damaged jet fuel tanker off the coast of England on Tuesday, a day after i...

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Shipping anchors the EU’s Future’: Union of Greek Shipowners to Highlight Industry’s Strategic Role at European Shipping Summit 2025

Categories: News Flash

Date: Mar 12, 2025

As part of the European Shipping Summit 2025 in Brussels, the Union of Greek Shipowners is organizin...

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InterManager: Enclosed space survey aims to understand why seafarers are still dying

Categories: News Flash

Date: Mar 12, 2025

Ship managers and maritime professionals have joined forces to address concerns over the continuing ...

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Pherousa receives initial Approval in Principle from the two major maritime classification societies: American Bureau of Shipping (ABS) and DNV

Categories: News Flash

Date: Mar 12, 2025

The Approvals in Principle granted by American Bureau of Shipping (ABS) and DNV on an independent ev...

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Baltic index extends gains as panamax rates climb

Categories: News Flash

Date: Mar 12, 2025

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

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Germany’s debt brake reform: far from a done deal

Categories: News Flash

Date: Mar 11, 2025

Markets have shown signs of euphoria over the prospect of a historic fiscal boost in Europe’s larg...

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Iron ore falls on concerns over demand outlook

Categories: News Flash

Date: Mar 11, 2025

Prices of iron ore futures slipped on Monday as caution over U.S. tariffs and China’s pledge to cu...

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Rising US-Europe tensions: The potential shift in LNG trade dynamics

Categories: News Flash

Date: Mar 11, 2025

The global LNG market is at a pivotal juncture as geopolitical shifts between the US and Europe intr...

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Major brokerages continue to expect slower pace of Fed rate cuts after payrolls data

Categories: News Flash

Date: Mar 11, 2025

Major Wall Street brokerages backed their predictions for a slower pace of interest-rate cuts by the...

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Eletson enables fleet-wide instant and secure data exchange with Dualog

Categories: News Flash

Date: Mar 11, 2025

Eletson, a leading global operator of LPG and LEG carriers, has successfully implemented Dualog’s ...

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Middle East Crude-Benchmarks move little as oil prices steady

Categories: News Flash

Date: Mar 11, 2025

Middle East crude benchmark spot premiums of Oman, Dubai and Muban were unchanged on Monday, as oil ...

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Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Categories: News Flash

Date: Mar 11, 2025

Hanseatic Global Terminals (HGT) today successfully completed the acquisition of 60% of the shares i...

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U.S. plans sanctions on Chinese steel complicate South Korea’s shipbuilding industry

Categories: News Flash

Date: Mar 11, 2025

As the possibility of South Korean shipbuilders winning contracts for U.S. warships and vessel const...

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Singapore launches new technical reference for methanol bunkering

Categories: News Flash

Date: Mar 11, 2025

The Maritime and Port Authority of Singapore, along with Enterprise Singapore through the Singapore ...

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Fortescue calls on IMO to set $100/mt carbon levy on bunker consumption

Categories: News Flash

Date: Mar 11, 2025

Fortescue wants the International Maritime Organization to impose a carbon levy of $100/mt on marine...

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South Korea reassures US crude import tariff near zero after Trump’s fourfold higher claim

Categories: News Flash

Date: Mar 10, 2025

South Korea’s tariff rate on US goods is close to zero, trade ministry officials said over March 5...

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In 2024, 41,33% of port professionals participating in ESPO work were women

Categories: News Flash

Date: Mar 10, 2025

In 2024, taking all ESPO board meetings and technical committees together, women represented 41.33% ...

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Proposed US port fees for Chinese vessels

Categories: News Flash

Date: Mar 10, 2025

Just weeks after Donald Trump began his second term as US president, the Office of the US Trade Repr...

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Russia ships diesel to Syria on tanker under US sanctions, data shows

Categories: News Flash

Date: Mar 10, 2025

Russia shipped a diesel cargo to Syria onboard a tanker under US sanctions, the first known such dir...

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Panama to request legal, financial documents on CK Hutchison-BlackRock port deal

Categories: News Flash

Date: Mar 10, 2025

The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will ...

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Is Oil Implied Volatility Set to Surge on OPEC+, Automotive Revolution?

Categories: News Flash

Date: Mar 10, 2025

Could we see dramatically higher implied volatility in crude oil options in the coming months? In Q2...