News Flash
Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II
Categories: News Flash
Date: Mar 24, 2025
Building upon the success of the inaugural fund launched in 2021, Motion Ventures Fund II aims to de...
Shipping Companies Rushing to Subscribe to Starlink to Prevent Young Sailors from Leaving
Categories: News Flash
Date: Mar 24, 2025
South Korean shipping companies are rushing to subscribe to U.S.-based SpaceX’s satellite communic...
Mediterranean Sea Designated as Emission Control Area for Sulphur Oxides
Categories: News Flash
Date: Mar 24, 2025
Starting from May 1, 2025, the Mediterranean Sea will be officially designated as an Emission Contro...
US Tariffs on Chinese built ships and fleets
Categories: News Flash
Date: Mar 24, 2025
The Club has been receiving enquiries and requests for draft charter clauses from members about the ...
Marine insurance industry advances climate reporting in third annual disclosure report
Categories: News Flash
Date: Mar 24, 2025
The Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global...
Russia and US to discuss Black Sea shipping
Categories: News Flash
Date: Mar 24, 2025
Russian and U.S. experts will discuss ways to ensure the safety of shipping in the Black Sea at talk...
Xeneta: Average spot rates from Far East to US now fallen below average long term contract rates
Categories: News Flash
Date: Mar 24, 2025
Average spot rates from Far East to US now fallen below average long term contract rates. Far Eas...
Tankers: VLCC Seesawed Last Week
Categories: News Flash
Date: Mar 24, 2025
Clean LR2 MEG LR2’s looked to have reached the top for their current freight spike for the mom...
Iron ore set for weekly loss on caution over China demand prospects
Categories: News Flash
Date: Mar 22, 2025
Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns ...
New shipowners join Bluepool Panamax pool
Categories: News Flash
Date: Mar 22, 2025
Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bl...
Dredging sector crucial for the strategic position of the Netherlands and Belgium: Report Warns Of Increasing Chinese Competition
Categories: News Flash
Date: Mar 22, 2025
The Dutch and Belgian dredging industry is of strategic importance to the economy, water safety, and...
Wallenius Wilhelmsen releases 2024 annual report, highlighting another record-breaking year
Categories: News Flash
Date: Mar 22, 2025
Delivering all-time high, full-year results for 2024, Wallenius Wilhelmsen’s financial performance...
HSFO extends fall for seventh straight session
Categories: News Flash
Date: Mar 22, 2025
Asia’s high sulphur fuel oil differentials ended the week in losses as the market expected supplie...
ITS Logistics March Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio Could Increase Rates for Dray and Rail Capacity
Categories: News Flash
Date: Mar 22, 2025
ITS Logistics yesterday released the March forecast for the ITS Logistics US Port/Rail Ramp Freight ...
Ascenz Marorka, GTT’s smart shipping arm, expands its real-time fleet performance monitoring service to cover the Americas
Categories: News Flash
Date: Mar 22, 2025
Ascenz Marorka is expanding its Real-Time Fleet Performance Monitoring Service to the Americas time ...
US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery
Categories: News Flash
Date: Mar 22, 2025
The US yesterday issued new sanctions intended to hit Iran’s oil exports, including what the State...
Proposed US port fees on China-built ships begins choking coal, agriculture exports
Categories: News Flash
Date: Mar 22, 2025
U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as expor...
Baltic index snaps four-day losing streak on higher rates across vessel segments
Categories: News Flash
Date: Mar 22, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
BERG delivers the world’s first GreenForge® shafts to the maritime market
Categories: News Flash
Date: Mar 21, 2025
BERG Propulsion is offering the shipping industry its first opportunity to select propeller shafts m...
US crude imports from Canada fall to two-year low after tariff developments, EIA data shows
Categories: News Flash
Date: Mar 21, 2025
U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, ...
BAR Technologies Urges Shipping Industry to Recognise Wind as a Key Fuel in Decarbonisation Debate
Categories: News Flash
Date: Mar 21, 2025
In response to a new study by UMAS and the UCL Energy Institute’s Shipping and Oceans Research Gro...
China’s fuel oil imports rise as traders rush deliveries amid tax policy changes
Categories: News Flash
Date: Mar 21, 2025
China’s fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year,...
Joint statement of European Shipowners and Sea Europe on European Maritime Industrial Strategy and Sustainable Transport Investment Plan
Categories: News Flash
Date: Mar 21, 2025
European Shipowners | ECSA and Sea Europe issue today a joint statement calling on the Commission to...
Port Hedland Iron Ore Exports Down 5% on February
Categories: News Flash
Date: Mar 21, 2025
Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. ...
EU Maritime Decarbonisation Target at Risk Without Effective Pricing Tool
Categories: News Flash
Date: Mar 21, 2025
The World Shipping Council (WSC) yesterday released new research that shows both renewable-capable v...
OPEC, IEA focus on China oil demand, but crude imports are what matter
Categories: News Flash
Date: Mar 21, 2025
What’s more important for crude oil markets? Forecasts of Chinese oil demand growth by leading age...
Marine oil sales at key ports fall as global trade uncertainty brews
Categories: News Flash
Date: Mar 21, 2025
Sales of marine fuel at top global refuelling ports are slowing at the start of this year as the shi...
Baltic Index Falls On Lower Capesize, Panamax Rates
Categories: News Flash
Date: Mar 21, 2025
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...
HSFO softens further as market eyes heavy inflows
Categories: News Flash
Date: Mar 20, 2025
Strength in the Asia high sulphur fuel oil (HSFO) market eased further on Wednesday as the market ey...
ThPA S.A. hosts the 21st edition of the European Sea Ports Organisation Conference (ESPO Conference)
Categories: News Flash
Date: Mar 20, 2025
ThPA S.A. has the honour to host the leading event organized annually by the European Sea Ports Orga...
Ship Recycling Remained Sluggish, But Cautious Optimism Could Be the Case Soon
Categories: News Flash
Date: Mar 20, 2025
The ship recycling market has been sluggish over the past week, but sentiment could be shifting opti...
IMO to develop global strategy for maritime digitalization
Categories: News Flash
Date: Mar 20, 2025
IMO to develop global strategy for maritime digitalization: IMO to develop global strategy for marit...