News Flash

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CSC 36th Annual General Meeting: Strategic Priorities of Cyprus Shipping at the Forefront for the Newly Elected Board of Directors

Categories: News Flash

Date: May 29, 2025

The Cyprus Shipping Chamber successfully held its 36th Annual General Meeting on Tuesday, 27 May 202...

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Another historic fleet-wide deal: six GEFO newbuild tankers to be fitted with Norsepower Rotor Sails

Categories: News Flash

Date: May 29, 2025

This deal represents the first collaboration between Norsepower, GEFO, and the shipbuilder Nantong X...

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Inmarsat Nexuswave To Support Sustainable Scallop Harvesting For New Ava Ocean Vessel

Categories: News Flash

Date: May 29, 2025

Inmarsat Maritime, a Viasat company, has renewed its cooperation with Ava Ocean in a deal that will ...

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Surging excess capacity threatens steel market stability, employment, and decarbonisation plans

Categories: News Flash

Date: May 29, 2025

Countries must urgently address policies that are driving the continued expansion of steel excess ca...

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Global employment forecast downgraded by up to 7 million jobs in 2025 amid rising uncertainty

Categories: News Flash

Date: May 29, 2025

The International Labour Organization (ILO) has revised its global employment forecast for 2025, pro...

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Chinese savers decry falling deposit rates but still won’t spend more

Categories: News Flash

Date: May 29, 2025

After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: “When...

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Kaiko Systems launches new product ‘Kaiko CharterReady’ to streamline cargo hold inspection and reporting with an AI-powered app and dashboard for crews

Categories: News Flash

Date: May 29, 2025

Kaiko Systems has announced the launch of a new product to provide an efficient and more streamlined...

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BAR Technologies’ WindWings Earns Bureau Veritas Approval, Opening Global Pathway for Zero-Emission Wind Propulsion

Categories: News Flash

Date: May 29, 2025

In a decisive milestone for maritime decarbonisation, BAR Technologies has secured Bureau Veritas’...

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Ship Recycling Activity at a Crossroads

Categories: News Flash

Date: May 29, 2025

The ship recycling markets are entering a transitionary stage. In its latest weekly report, Best Oas...

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Understanding the risks that sanctions pose to shipping businesses

Categories: News Flash

Date: May 29, 2025

You may already have a view as to how effective sanctions are at achieving their stated objectives. ...

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High-grade iron ore seeks out its place in steel decarbonization journey

Categories: News Flash

Date: May 28, 2025

As the steel industry seeks to lower its carbon footprint, the use of transitional fuels with green ...

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Isle of Man Ship Registry (IOMSR) welcomes first of a new generation of environmentally focused tankers to its fleet

Categories: News Flash

Date: May 28, 2025

A state-of-the-art tanker representing a new generation of environmentally focused vessels designed ...

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AVS Global Supply celebrates IMO International Day of Women in Maritime with focus on breast health

Categories: News Flash

Date: May 28, 2025

In celebration of the International Maritime Organization’s (IMO) International Day of Women in Ma...

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Introducing New Vessel Operation Management Platform to Overcome Legacy Corporate Culture

Categories: News Flash

Date: May 28, 2025

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that it has introduced the operati...

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Kongsberg Maritime launches the TTH tunnel thruster series for improved performance and maintenance

Categories: News Flash

Date: May 28, 2025

Kongsberg Maritime announces the launch of its new Tunnel Thruster type TTH – the Harmonised serie...

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Simon Mokster Shipping boosts fleet efficiency with pooled Starlink bandwidth from Marlink

Categories: News Flash

Date: May 28, 2025

Marlink, a leader in managed services for business-critical IT solutions is supporting Simon Møkste...

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Saga Shipholding Transfers Entire Fleet of 32 Vessels to the Bahamas Flag

Categories: News Flash

Date: May 28, 2025

The Bahamas Maritime Authority (BMA) is proud to confirm that Saga Shipholding, in partnership with ...

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India invests 13 trillion won in tanker fleet, boosting Korean shipbuilding prospects

Categories: News Flash

Date: May 28, 2025

India is planning to invest $10 billion (approximately 13.67 trillion won) to establish its own flee...

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Geopolitical tensions lead to increasing risks for shipping sector globally

Categories: News Flash

Date: May 28, 2025

The fast-changing geopolitical landscape is creating new risks and challenges for a shipping industr...

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IMO policy measures: What’s next for shipping’s fuel transition?

Categories: News Flash

Date: May 28, 2025

Based on total cost of ownership (TCO) modelling by UMAS and UCL and more than 30 stakeholder in...

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Singapore leads low-carbon steel adoption in SE Asia amid construction demand

Categories: News Flash

Date: May 27, 2025

Singapore is leading the way in low-carbon steel adoption in Southeast Asia, driven by early policy ...

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Climate Litigation: Key Risks and Liabilities Surrounding Ports and Terminals

Categories: News Flash

Date: May 27, 2025

The decision in Verein KlimaSeniorinnen Schweiz and Others v. Switzerland (“Decision”) has set a...

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CMA CGM Strengthens Strategic Presence in Vietnam with New Terminal Project in Partnership with Saigon Newport in Hai Phong

Categories: News Flash

Date: May 27, 2025

CMA CGM Group, a global player in sea, land, air, and logistics solutions, announces the signing of ...

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WiseTech Global announces strategic acquisition of e2open

Categories: News Flash

Date: May 27, 2025

WiseTech Global, developer of leading logistics execution software CargoWise, today announced it has...

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Pacific Carriers Limited and Singapore Maritime Foundation Renew Commitment to Build Maritime-ready Talent Pool

Categories: News Flash

Date: May 27, 2025

Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) signed a Memorandum of Un...

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ESPO welcomes the outcome of the EU–UK Summit

Categories: News Flash

Date: May 27, 2025

The European Sea Ports Organisation (ESPO) welcomes the outcome of the first EU–UK Summit, held in...

Soft China dampens Asia LNG demand while Europe’s imports ease

Categories: News Flash

Date: May 27, 2025

Asia’s imports of liquefied natural gas stagnated in May while Europe’s continued to ease as dem...

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S. Korea regains top spot in global shipbuilding orders in March

Categories: News Flash

Date: May 27, 2025

South Korea secured the most global shipbuilding orders in March, surpassing China to take the top s...

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Shifting Routes and Tariff Strategies: What the Latest Freight Trends Mean for Your Supply Chain

Categories: News Flash

Date: May 27, 2025

A lot has happened over the past week. We’ve seen a US-Houthi ceasefire deal re-spark the debate a...

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Tankers: China Crude Oil Imports Lower So Far in 2025

Categories: News Flash

Date: May 27, 2025

Crude oil imports from China have been lower during the first four months of the year. In its latest...

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US drillers cut oil, gas rigs to lowest since November 2021 -Baker Hughes

Categories: News Flash

Date: May 26, 2025

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week i...

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Hong Kong Government proposes amendments to update regulations on merchant shipping for compliance with international standards

Categories: News Flash

Date: May 26, 2025

The Government gazetted Friday (May 23) nine amendment regulations to amend relevant regulations und...