News Flash

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Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

Categories: News Flash

Date: Mar 10, 2025

President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on...

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AET and Fleetzero Sign Agreement to Develop World’s Longest-Range Hybrid Electric Vessel

Categories: News Flash

Date: Mar 08, 2025

AET, a leading global owner and operator of maritime transportation assets and specialised services,...

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Fed may need to stay patient on rates until summer, Bostic signals

Categories: News Flash

Date: Mar 08, 2025

New policies under the Trump administration are placing the U.S. economy in “incredible flux,” A...

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Japan ready to declare end to deflation, economy minister says

Categories: News Flash

Date: Mar 08, 2025

Japan has cleared the key threshold for the government to officially declare an end to long-term pri...

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HD Hyundai and Palantir Forge Ahead with ‘AI Shipyard’ Project

Categories: News Flash

Date: Mar 08, 2025

HD Hyundai and Palantir Technologies are advancing their collaborative “Future of Shipyard” (FOS...

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LPG trade growth will be curbed in 2025 due to US terminal capacity limitations

Categories: News Flash

Date: Mar 08, 2025

In the latest issue of Drewry’s LPG Forecaster, LPG trade is projected to increase only 1.4%, whil...

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Dry Bulk Shipping: The Aftermath of the New US Trade Policies

Categories: News Flash

Date: Mar 08, 2025

The trade war which has been sparked by the new US administration is set to have an impact in dry bu...

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CMA CGM Group Announces $20 Billion Investment in America’s Maritime Transportation, Logistics and Supply Chain Capabilities Over the Next Four Years

Categories: News Flash

Date: Mar 08, 2025

CMA CGM Group, a global leader in sea, land, air, and logistics solutions, and owner of the U.S. fla...

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Shipping giant HMM replaces CEO amid stalled sales talks

Categories: News Flash

Date: Mar 08, 2025

Shipping giant HMM has nominated former LX Pantos CEO Choi Won-hyok as its new head, drawing attenti...

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US to levy fees on China-linked ships, push allies to do likewise, draft executive order says

Categories: News Flash

Date: Mar 08, 2025

The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a...

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China January-February iron ore imports hit by Australia weather-related disruptions

Categories: News Flash

Date: Mar 08, 2025

China’s iron ore imports in the first two months of 2025 fell by 8.4% from the same period a year ...

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Germany probes Argus Media, S&P Global over oil market pricing concerns

Categories: News Flash

Date: Mar 07, 2025

Germany’s antitrust watchdog said it was investigating the impact of price information services pr...

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New Arbitration Act – key implications

Categories: News Flash

Date: Mar 07, 2025

The Arbitration Act 2025 (the “Act”) will shortly come into force (on a date to be decided by th...

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ECB cuts interest rates, keeps door ajar to more easing

Categories: News Flash

Date: Mar 07, 2025

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more,...

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White House leans into an economic downturn

Categories: News Flash

Date: Mar 07, 2025

It turns out that politicians really do have the power to wrest the economic cycle – in this case,...

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Hapag-Lloyd – Driving Sustainable Shipping with Support from StormGeo

Categories: News Flash

Date: Mar 07, 2025

As the shipping industry continues its journey towards a decarbonized future with the new FuelEU Mar...

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Trump plans executive order to strengthen US shipbuilding, blunt China domination

Categories: News Flash

Date: Mar 07, 2025

The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resus...

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DNV Maritime Celebrates 25 Years of the Maritime Service Centre in Greece

Categories: News Flash

Date: Mar 07, 2025

DNV Maritime proudly marks the 25th anniversary of its Maritime Service Centre in Greece, a signific...

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LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions

Categories: News Flash

Date: Mar 07, 2025

New LR report highlights both progress and persistent challenges in equipping existing vessels to me...

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Shipping firms pull back from Hong Kong to skirt US-China risks

Categories: News Flash

Date: Mar 07, 2025

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its...

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MSC gets set to rocket to the top of the global terminal operator league table

Categories: News Flash

Date: Mar 07, 2025

The announcement on 4 March 2025 that CK Hutchison would be selling its 80% stake in Hutchison Ports...

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Record-breaking year in safety: no lost time injuries

Categories: News Flash

Date: Mar 06, 2025

AtoB@C Shipping achieved remarkable success in safety during the past year, notably reporting zero l...

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Canada increases crude tanker exports 59% year-on-year

Categories: News Flash

Date: Mar 06, 2025

“Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up f...

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AMP Statement on President Trump’s Executive Order on Shipbuilding

Categories: News Flash

Date: Mar 06, 2025

The American Maritime Partnership issued the following statement on March 4, 2025, commending Presid...

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Lloyd’s Register to use generative AI to advance the application of nuclear technology in maritime in collaboration with Microsoft

Categories: News Flash

Date: Mar 06, 2025

Lloyd’s Register will become one of the first maritime organisations to use generative AI for perm...

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Veson Nautical and Cargill expand long-standing partnership with Strategic Technology Agreement

Categories: News Flash

Date: Mar 06, 2025

Veson Nautical (Veson), a global leader in maritime data and freight management solutions, and Cargi...

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Possible penalties on China-built ships… US tariffs hit more countries… What next?

Categories: News Flash

Date: Mar 06, 2025

More uncertainty ahead for shipping, everybody! If anybody expected ocean shipping and international...

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Bulker shipping faces tough year as China’s manufacturing sector weakens

Categories: News Flash

Date: Mar 06, 2025

The dry bulk sector, which handles a diverse mix of commodities, has recently lost momentum. In Febr...

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Stolt-Nielsen Announces Launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited

Categories: News Flash

Date: Mar 06, 2025

Reference is made to the stock exchange announcement of January 27, 2025, stating that Stolt-Nielsen...

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BlackRock gets bargain berth in Panama trade storm

Categories: News Flash

Date: Mar 06, 2025

The trade war is already sending merger troops to the front line. BlackRock BLK shook hands on a dea...

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Fuel Oil Spot differentials steady but structure pares for all grades

Categories: News Flash

Date: Mar 06, 2025

Spot differentials for fuel oil were little changed from the previous day, though the market structu...

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Tankers: Are FPSOs Truly Back?

Categories: News Flash

Date: Mar 05, 2025

For many years, a business venture in the FPSO market could be seen as highly speculative and risky....