News Flash
Kongsberg Maritime celebrates 10 years of rim-drive thruster innovation
Categories: News Flash
Date: Oct 18, 2025
Kongsberg Maritime proudly marks a decade since the launch of its pioneering rim-drive permanent mag...
Asia Fuel Oil Differentials steady in thin pre-Diwali holiday trade
Categories: News Flash
Date: Oct 18, 2025
Spot differentials for fuel oil markets were little changed on Friday in Asia as pre-Diwali holiday ...
International Chamber of Shipping disappointed that Member States have not been able to agree
Categories: News Flash
Date: Oct 18, 2025
The International Chamber of Shipping (ICS) comments following the conclusion of the International M...
WEST OF SUEZ DIRTY TANKER QUARTERLY: Production increases lend support to larger ship sizes
Categories: News Flash
Date: Oct 18, 2025
The West of Suez Very Large Crude Carrier market saw levels firm to multi-year highs toward the end ...
Baltic Index Logs Weekly Gain As All Vessel Segments Rise In Tandem
Categories: News Flash
Date: Oct 18, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
Global trade’s tightrope walk
Categories: News Flash
Date: Oct 18, 2025
The world economy has successfully avoided the initial, catastrophic blow from the recent surge in t...
Sweden’s National Hydrographer, Magnus Wallhagen, Nominated for Secretary-General of the International Hydrographic Organization (IHO)
Categories: News Flash
Date: Oct 17, 2025
Magnus Wallhagen, National Hydrographer of Sweden, has been nominated as a candidate for the positio...
LR: New guidance provides industry-first roadmap for nuclear-powered shipping
Categories: News Flash
Date: Oct 17, 2025
The new guidance promotes nuclear power as a reliable maritime energy source, addressing the complex...
Asia Fuel Markets little changed; high inventories cap recovery
Categories: News Flash
Date: Oct 17, 2025
Asia fuel oil markets were broadly steady on Thursday, with high supply inventories capping recovery...
RINA Awarded FEED Contract for PETRONAS’ Flagship CCS Project in Malaysia
Categories: News Flash
Date: Oct 17, 2025
RINA, the global engineering consultancy, inspection and certification group, has been awarded the F...
High Wages Drive Fake CV Trend in Tanker Market
Categories: News Flash
Date: Oct 17, 2025
A growing number of seafarers are falsifying their CVs to secure higher-paying jobs in the tanker ma...
Sanctioned tankers ship gas condensate from Russia`s Arctic LNG 2 to China, data shows
Categories: News Flash
Date: Oct 17, 2025
Several tankers are delivering gas condensate cargoes from Russia’s Arctic LNG 2 plant to China, d...
WAF crude tanker rates climb on Chinese port fees, European demand
Categories: News Flash
Date: Oct 17, 2025
Freight rates for dirty tanker voyages loading in West Africa have risen significantly in the second...
Great Eastern Shipping Company takes delivery of 2016 built Kamsarmax Dry Bulk Carrier ‘Jag Anjali’
Categories: News Flash
Date: Oct 17, 2025
Great Eastern Shipping Company has taken delivery of a 2016 built Kamsarmax Dry Bulk Carrier Jag Anj...
Baltic Exchange Launches New Tanker Routes in Response to Tariff and Geopolitical Uncertainty
Categories: News Flash
Date: Oct 17, 2025
Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response t...
Ship Recycling Market’s Divergent Performance
Categories: News Flash
Date: Oct 17, 2025
Ship recycling is exhibiting signs of divergence across the major markets. A leading cash buyer of s...
World’s First Environmental Value Created through Operation of NYK Ammonia-fueled Tugboat Expanding the environmental contribution potential of fuel ammonia (11)
Categories: News Flash
Date: Oct 16, 2025
Shin Nippon Kaiyosha obtained third-party certification for the environmental value1 representing th...
MABUX: Bunker Prices Expected To Trend Lower Next Week
Categories: News Flash
Date: Oct 16, 2025
At the end of the 42nd week, global bunker indices MABUX continued their downward trajectory, defyin...
Asia Spot market differentials hold steady in discounts
Categories: News Flash
Date: Oct 16, 2025
Asia spot fuel oil differentials held in steady discounts, weighed by a persistent backdrop of high ...
Marine battery manufacturer AYK Energy achieves industry-leading standard in cyber security
Categories: News Flash
Date: Oct 16, 2025
Marine battery innovator and manufacturer AYK Energy has achieved an industry-leading standard of ma...
Sailors’ Society delivers urgent aid to struggling families after the Philippines earthquake
Categories: News Flash
Date: Oct 16, 2025
Sailors’ Society has reached areas most devastated by recent earthquakes in the Philippines to del...
Nations meet to consider regulations to drive a green transition in shipping
Categories: News Flash
Date: Oct 16, 2025
The world’s largest maritime nations gathered in London to consider adopting regulations that woul...
Supertanker freight rates up sharply as US-China trade war envelops ports
Categories: News Flash
Date: Oct 16, 2025
Supertanker freight rates surged this week and are set to stay elevated on U.S.-China tit-for-tat hi...
Overpriced charter market is due a correction after 5-year boom
Categories: News Flash
Date: Oct 16, 2025
Containership charter rates have remained on a steady upwards trajectory this year and remain 200% h...
Port fees skyrocket amidst US-China trade tensions
Categories: News Flash
Date: Oct 16, 2025
According to the BBC and many other publications US-China trade tensions back as port fees take effe...
Second Hand Ships Market Heating Up
Categories: News Flash
Date: Oct 16, 2025
The second-hand ship market has seen many new deals over the past week. In its latest weekly report,...
Gard delivers strong half-year result in shifting tides
Categories: News Flash
Date: Oct 15, 2025
The group’s half-year results for the period 1 January 2025 to 30 June 2025, on an Estimated Total...
Industry launches investment drive – shipowners and yards bet on AI and efficiency enhancements
Categories: News Flash
Date: Oct 15, 2025
Looking to the future with optimism: According to the latest SMM Maritime Industry Report (MIR), shi...
WISTA International and BIMCO sign MoU to strengthen collaboration for a sustainable maritime future
Categories: News Flash
Date: Oct 15, 2025
The Women’s International Shipping & Trading Association (WISTA International) and BIMCO, the ...
Cautious optimism prevails despite uptick in reported maritime piracy attacks
Categories: News Flash
Date: Oct 15, 2025
The ICC International Maritime Bureau (IMB) has revealed a slight increase in reported incidents of ...
Prompt HSFO structure slips into contango
Categories: News Flash
Date: Oct 15, 2025
Asia’s market structure for high sulphur fuel oil (HSFO) softened into contango on Monday as ample...
China to exempt newbuilds, offer port fee rebate for current contracts
Categories: News Flash
Date: Oct 15, 2025
Chinese-built ships will be exempt from China’s special port fees on US-linked vessels, the Minist...