News Flash
Ship Pollution Response Organization (SPRO) Agreements in China – New International Group of P&I Clubs (IG) and China Diving & Salvage (CDSA) SPRO Agreement
Categories: News Flash
Date: Jul 12, 2025
New IG and CDSA SPRO Agreement The Group Clubs are pleased to announce that the IG and CDSA have ...
DP World’s Pier Expansion Drives Record Volumes, Export Growth at Peru’s Port of Callao
Categories: News Flash
Date: Jul 12, 2025
One year after the expansion of its Bicentennial Pier, DP World’s terminal at the Port of Callao h...
Hafnia Announces Signing of USD 715M Revolving Credit Facility
Categories: News Flash
Date: Jul 12, 2025
Hafnia Limited is pleased to announce the signing of a USD 715 million Revolving Credit Facility (th...
China and India lead modest revival in Asia thermal coal imports
Categories: News Flash
Date: Jul 12, 2025
There are some tentative early signs that weak thermal coal prices are starting to boost import dema...
EMEA Port Operators Are Well Placed to Face Trade Tensions
Categories: News Flash
Date: Jul 12, 2025
EMEA port operators are mostly in a good position to deal with global trade tensions and slowing eco...
EU LNG Imports on the Rise
Categories: News Flash
Date: Jul 12, 2025
The EU retained its lead as the biggest LNG importer, significantly increasing its imports during th...
Trade tested by policy uncertainty and geopolitical shifts
Categories: News Flash
Date: Jul 12, 2025
The first half of 2025 has seen global trade continue its upward trajectory, albeit under the persis...
Indian Oil to upgrade Panipat refinery’s diesel unit for green jet fuel production
Categories: News Flash
Date: Jul 11, 2025
Indian Oil Corp IOC plans to shut the diesel desulphuriser unit at its 300,000 barrel-per-day Panipa...
UAE says ready for another oil capacity boost if markets require
Categories: News Flash
Date: Jul 11, 2025
The United Arab Emirates could further boost its oil production capacity after 2027 if that is what ...
Tototheo Global expands partnership with SES to deliver scalable, high-speed connectivity to maritime customers
Categories: News Flash
Date: Jul 11, 2025
Tototheo Global, a leading provider of advanced connectivity and technology solutions for the mariti...
Shipowners Association of Nigeria Explores Cooperation with SHIPBID
Categories: News Flash
Date: Jul 11, 2025
The Shipowners Association of Nigeria (SOAN) led by its President, Dr. Mkgeorge O. Onyung paid a hig...
Greek captain and crew commended by IMO for brave acts in Red Sea
Categories: News Flash
Date: Jul 11, 2025
Captain Flouris Dimitrios and the crew of the tug supply vessel Aigaion Pelagos among those to be re...
The Phased Banning of Scrubbers in Northeast Atlantic Waters
Categories: News Flash
Date: Jul 11, 2025
The OSPAR Commission, composed of 15 governments and the European Union, has agreed to a historic ph...
Future Fuel Talks: Global surplus trading can sweeten biomethane’s case for shipowners — Hapag-Lloyd
Categories: News Flash
Date: Jul 11, 2025
The IMO’s net-zero framework will allow shipowners to generate surplus units and help them recover...
Dry Bulk Shipping Market: Spotlight on Brazilian Corn Shipments
Categories: News Flash
Date: Jul 11, 2025
This week’s Chart Monitor highlights increasing constraints on Brazilian corn exports, even as the...
Pressure Remains in the Ship Recycling Market
Categories: News Flash
Date: Jul 11, 2025
Pressure has been the main trend in the ship recycling market. In its latest report, Best Oasis, a l...
Fouling control technologies are even more important for vessel operators following recent IMO MEPC 83 session
Categories: News Flash
Date: Jul 11, 2025
Marine industry leaders gathered at Nor-Shipping in June, with a focus on the key challenges and opp...
Spike in armed robbery incidents raises concerns for vital Singapore Strait trade route – ICC – Commercial Crime Services
Categories: News Flash
Date: Jul 10, 2025
Critical shipping route handling 30% of global trade flows sees surge in armed robbery incidents. Th...
China unveils new steps to aid employment amid trade tensions
Categories: News Flash
Date: Jul 10, 2025
China unveiled new measures on Wednesday to stabilize employment, including expanded social insuranc...
Trafigura announces strategic alliance with maritime technology provider ZeroNorth
Categories: News Flash
Date: Jul 10, 2025
Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a market leader in the global commo...
Proficiency in AI and data analysis will be key for seafarers navigating the maritime industry’s digital shift, warns OneLearn Global
Categories: News Flash
Date: Jul 10, 2025
The maritime industry’s digital transformation is driving a growing need for seafarers to develop ...
IMO Secretary-General urges “constructive dialogue” amid renewed Red Sea attacks
Categories: News Flash
Date: Jul 10, 2025
IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a re...
Global trade grew $300 billion in the first half of 2025, led by US imports and EU exports
Categories: News Flash
Date: Jul 10, 2025
But persistent policy uncertainty, geopolitical tensions and signs of slowing global growth pose ris...
Greek tanker fleet steps up ship inspections near Russian ports after mysterious blasts
Categories: News Flash
Date: Jul 10, 2025
Greek shipping companies calling at Russian ports are boosting their vessels’ defences after a ser...
Newbuilding Activity Takes a Breather During 2025
Categories: News Flash
Date: Jul 10, 2025
Newbuilding contracting activity has taken a step back so far in 2025, especially when compared to t...
China drives 6% drop in global coal shipments
Categories: News Flash
Date: Jul 10, 2025
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large...
Tariffs and trade tensions dominate global shipping in first half of 2025
Categories: News Flash
Date: Jul 10, 2025
New US tariffs and escalating global trade tensions have reshaped vessel markets in the first half o...
India aims to import about 10% of its cooking gas from US from 2026, say sources
Categories: News Flash
Date: Jul 09, 2025
India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part o...
Korean Government Requests U.S. to Exempt Car Carrier Ships from Entry Fee
Categories: News Flash
Date: Jul 09, 2025
The Korean government has officially requested the United States to exempt car carrier ships from th...
Everllence Celebrates 1,000th ME-GI engine; Milestone Unit goes to Hapag-Lloyd
Categories: News Flash
Date: Jul 09, 2025
At a ceremony at Hapag-Lloyd’s headquarters in Hamburg, Dr Uwe Lauber, CEO of Everllence, presente...
IACS progress on safe decarbonization and safe digital transformation highlighted at Council meeting in Beijing
Categories: News Flash
Date: Jul 09, 2025
The IACS Council met in Beijing last week (C91) to assess and advance the Association’s progress o...
Rising Demand for Thai Parboiled Rice in West Africa as Price Gap with India Narrows
Categories: News Flash
Date: Jul 09, 2025
Demand for Thai parboiled rice is emerging in the West African market, as the price difference betwe...