News Flash

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China is set to import more Russian LNG in 2025, ambassador says

Categories: News Flash

Date: Apr 17, 2025

China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassado...

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Trump tariffs to trigger seismic trade shifts

Categories: News Flash

Date: Apr 16, 2025

The spectre of significant US import tariffs, reintroduced and expanded under a second Trump adminis...

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The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation

Categories: News Flash

Date: Apr 16, 2025

SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework ...

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INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures

Categories: News Flash

Date: Apr 16, 2025

At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member Stat...

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Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard

Categories: News Flash

Date: Apr 16, 2025

The Maritime and Port Authority of Singapore (MPA) was alerted at about 1:30pm on 14 April 2025 that...

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Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606

Categories: News Flash

Date: Apr 16, 2025

Damen Shipyards Group has signed a contract with Istanbul-based Arena Offshore A.S. for the local co...

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DataMondial launches new AI-driven service for processing ocean freight rates

Categories: News Flash

Date: Apr 16, 2025

DataMondial, a leading player in the world of data and document processing, proudly announces the la...

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Italian tycoon emerges as lead investor for CK Hutchison ports

Categories: News Flash

Date: Apr 16, 2025

Italian billionaire Gianluigi Aponte’s family-run business is emerging as the lead investor of a g...

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Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE

Categories: News Flash

Date: Apr 16, 2025

Japan’s crude imports have been on a decline from 2022 to 2024. This was due to a confluence of fa...

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Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare

Categories: News Flash

Date: Apr 16, 2025

Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat...

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ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers

Categories: News Flash

Date: Apr 16, 2025

The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some...

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Supply chain fraud – the dangers of granting extended credit

Categories: News Flash

Date: Apr 15, 2025

Fraudulent strategies can prove extremely profitable to the international criminal fraternity and th...

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South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China

Categories: News Flash

Date: Apr 15, 2025

U.S. President Donald Trump signed an executive order on April 9 (local time) to sanction Chinese cr...

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Iran: Nearly 235m tons of cargo handled at ports in a year

Categories: News Flash

Date: Apr 15, 2025

Iran’s ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025,...

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Gateway Terminals India signs MoU launching Skill Development Programme

Categories: News Flash

Date: Apr 15, 2025

Gateway Terminals India (GTI) – also known as APM Terminals Mumbai – has signed a Memorandum of ...

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Seawork launches a new membership for commercial marine professionals

Categories: News Flash

Date: Apr 15, 2025

Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork...

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Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

Categories: News Flash

Date: Apr 15, 2025

John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t k...

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Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Categories: News Flash

Date: Apr 15, 2025

Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating ...

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Container Freight Volatility Rises Amid Trade Disruptions

Categories: News Flash

Date: Apr 15, 2025

The container freight market is undergoing significant changes that could have major implications fo...

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Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Categories: News Flash

Date: Apr 15, 2025

Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership wi...

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Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Categories: News Flash

Date: Apr 15, 2025

Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement mark...

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US-China tariff hikes affect Polish container terminal sale

Categories: News Flash

Date: Apr 14, 2025

When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-base...

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Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

Categories: News Flash

Date: Apr 14, 2025

As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Comm...

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Tankers: VLCC Market Keeps Trending Downwards

Categories: News Flash

Date: Apr 14, 2025

Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS25...

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International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

Categories: News Flash

Date: Apr 14, 2025

The International Maritime Organization (IMO) concluded its latest round of climate negotiations wit...

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Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Categories: News Flash

Date: Apr 14, 2025

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, w...

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BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

Categories: News Flash

Date: Apr 14, 2025

In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Commi...

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XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

Categories: News Flash

Date: Apr 14, 2025

Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain fla...

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IMO approves net-zero regulations for global shipping

Categories: News Flash

Date: Apr 14, 2025

The International Maritime Organization (IMO) has achieved another important step towards establishi...

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Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels

Categories: News Flash

Date: Apr 14, 2025

The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement...

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Oil Demand Headwinds Could Take a Toll on Tankers

Categories: News Flash

Date: Apr 14, 2025

The tanker market could be faced with increased pressure, amid a trade war and tariff-hit global eco...

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HD Hyundai and Hanwha Eye Acquisition of Subic Shipyard in Strategic Southeast Asia Expansion

Categories: News Flash

Date: Apr 12, 2025

It was revealed that HD Hyundai and Hanwha Group are considering a proposal to acquire the Subic Shi...