News Flash

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Dry Bulk Second-Hand Sales on the Rise

Categories: News Flash

Date: Oct 22, 2025

The dry bulk market second-hand market was quite active last week. In its latest weekly report, ship...

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Cyprus Maritime 2025: Strengthening Greece–Cyprus Cooperation in Shipping and Advancing Shipbroking Education

Categories: News Flash

Date: Oct 20, 2025

Mr. John N. Cotzias, President of the Hellenic Shipbrokers Association (HSA), met with Ms. Marina Ha...

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Maritime Beyond Methane (MARBEM) partner responds to IMO decision to delay Net-Zero Framework vote

Categories: News Flash

Date: Oct 20, 2025

In response to the International Maritime Organization’s (IMO) member vote on October 17 which saw...

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ABS Scales Cutting-Edge Immersive Maritime Training with Strategic Acquisition of MetaSHIP from Orka Informatics

Categories: News Flash

Date: Oct 20, 2025

In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry,...

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Tax sops for ships under Omani flag to boost marine transport

Categories: News Flash

Date: Oct 20, 2025

The Tax Authority has announced the suspension of the imposition of withholding tax on service contr...

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“Disgraceful”: IMO Misses Boat on Tackling Shipping’s Contribution to Climate Change

Categories: News Flash

Date: Oct 20, 2025

The International Maritime Organization failed to adopt the world’s first-ever global, legally bin...

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INTERTANKO to continue its focus on practical pathways in the absence of an agreement at IMO

Categories: News Flash

Date: Oct 20, 2025

After an intense week ending in a vote, the International Maritime Organization’s (IMO’s) Net Ze...

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NGOs Slam UN Shipping Body Deferral of Plan to Cut Climate Pollution

Categories: News Flash

Date: Oct 20, 2025

As a special meeting of the International Maritime Organization’s Marine Environment Protection Co...

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IMO net-zero shipping talks to resume in 2026

Categories: News Flash

Date: Oct 20, 2025

The International Maritime Organization (IMO) has agreed to adjourn the extraordinary session of the...

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Navigating China’s new tonnage tariffs on US-linked shipping

Categories: News Flash

Date: Oct 20, 2025

News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shi...

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VLCCs The Most Exposed from China’s Port Fees

Categories: News Flash

Date: Oct 20, 2025

Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. I...

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ClassNK to class Japan’s first hydrogen fueled tugboat TEN-OH built by TSUNEISHI

Categories: News Flash

Date: Oct 18, 2025

ClassNK has added Japan’s first hydrogen-fueled tugboat TEN-OH to its register, which is built by ...

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Iron ore set for weekly loss on renewed US-China trade tension, rising supply

Categories: News Flash

Date: Oct 18, 2025

Iron ore futures headed for a weekly loss, with concerns surrounding the demand outlook due to U.S.-...

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Indian refiners make rare purchases of Guyanese grades, sources say

Categories: News Flash

Date: Oct 18, 2025

Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil ...

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Thun Tankers launched “Thun Renew” – a vessel built for a sustainable future

Categories: News Flash

Date: Oct 18, 2025

Erik Thun Group has launched Thun Renew, the third out of eight vessels in its innovative R-Class se...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...