KR (Korean Register) and HD Hyundai Samho have jointly developed a program that enables rapid assessment of hull structural safety during partial launching in the shipbuilding process. The two companies …
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Shipping needs to attract a new generation of talent, help young professionals navigate an industry being reshaped by technology, regulation and geopolitics, and give them reasons to build long-term maritime …
The UP World LNG Shipping Index gained 3.75 points (1.59%) last week, closing at a new all-time high of 239.62 points, while the S&P 500 lost 0.80%. The UPI’s rise …
Responding to reports that the Liberian-flagged container vessel Dubai Tower has departed the UK ports of Teesport and Felixstowe and is due in the German port of Hamburg today, having …
Marine biofuels are emerging as a readily deployable near-term decarbonization option for the shipping sector, although tightening feedstock availability constrains growth as demand scales, industry participants told Platts at APPEC …
ESL Shipping has signed a significant agreement with Stegra for the transport of raw materials and finished steel products. Stegra is currently building its first large-scale plant for the production …
Hempel A/S has signed a three-year global hull coatings agreement with A.P. Moller – Maersk (Maersk), covering a substantial share of the company’s 2026 to 2028 dry dock programme. “Maersk …
VIKAND, a global leader in maritime healthcare, today announces the launch of VIPHARMA, a new subsidiary providing global medical and pharmaceutical supply chain solutions for the maritime industry. The new …
ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards for the next generation of smart ships and shipyards. The …
Rakesh Khetan, CEO of Wirana Shipping, has urged for swift action by designated Comptetent Authorities in India to resolve difficulties faced by ship recyclers in getting Document of Authorisation for …
Mental Health Support Solutions (MHSS), part of OneCare Group, is calling on shipping companies to prioritise mental health and suicide prevention training for senior officers to help them recognise signs …
Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) to develop a new generation of LNG carrier designs using …
DNV and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a Memorandum of Understanding (MOU) to explore strategic collaboration on Software Defined Vessel (SDV) technologies and associated verification …
On September 14th 2026, BGN signed a partnership with IINO KAISHA LTD, Tokyo (IINO Lines) for the time charter of a new 90,000 cbm LPG Dual-Fuel Very Large Gas Carrier …
Can land corridors offset the impact of the maritime blockade on Iran? The US-led maritime blockade targeting Iranian ports has severely disrupted trade through its southern ports, but it is …
Weekly changes in LNG bunker prices: ARA up by $178/mt to $1,607/mt Singapore up by $48/mt to $1,537/mt Baltics up by $179/mt to $1,713/mt ARA Rotterdam’s LNG bunker price has …
C3 route performance into the third-quarter close With the third quarter nearing its close, the focus remains on C3 route performance, the spotlight of the Week 36 Dry Market Monitor. …
Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported all-time highs for crude transportation costs following further disruption in the Middle East Gulf region. Reviewing the …
The Baltic dry index fell 1.8% to 3445 on Monday, extending losses for the third session to its lowest level since September 2. The capesize index, which typically transports 150,000-ton …
MacGregor has secured significant orders to deliver advanced deck cranes, handling equipment, and deck machinery for four new oceanographic research vessels. The orders were booked into MacGregor’s second and third …
New ‘Try Before You Buy’ promotion gives maritime customers the opportunity to experience high-speed, low-latency LEO connectivity on their own vessels before committing to the service. The promotion provides qualifying …
AS Tallinna Sadam’s subsidiary, OÜ TS Shipping, has signed an agreement with Aibel Seatrium Consortium ANS to charter the multifunctional icebreaker MPSV Botnica as an accommodation vessel for the project …
Russia turned to non-G7 tankers for seaborne crude sales to foreign buyers in August, especially those operated by Hong Kong companies, as Greek tanker firms steered clear of the Black …
Nord Gas Solutions (NGS) has been awarded a contract to supply the regasification system module for Excelerate Energy’s (NYSE: EE) first FSRU conversion project. The module will be installed aboard …
Ground Control Partners with Den Norske Kriegsforsikring for Maritime Resilience Tracking Initiative
Ground Control has been named one of three qualified vendors in DNK’s for its DNK Tracking Porgramme, which responds to the growing threat of GNSS jamming and spoofing affecting commercial …
CMA CGM to implement major rate increases to US from East Asia on 1 October Global container shipping major CMA CGM will implement a peak season surcharge (PSS) of $4,000/FEU …
Qatar has acceded to MARPOL Annex VI, a move that will bind the Gulf state to global shipping emissions rules and give it voting rights on the formal adoption of …
Drewry’s Intra-Asia Container Index (IACI) edged up 1% this week to $1,323 per 40ft container. The IACI Composite Index has broken its all-time high for the third consecutive week, indicating …
Europe Rotterdam’s pure B100 (POMEME) price has increased $23/mt in the last week to $1,327/mt. The B100 price has fluctuated, dropping around $100/mt from last Friday to Thursday this week, …
LNG The LNG market showed signs of improvement this week, with increased chartering activity and stronger sentiment supporting spot rates across both basins. While vessel availability remains elevated, emerging October …
Container It was a mixed week of fortunes for the key FBX routes. We are just two months away from the end of the suspension of the USTR imposed fees …
US crude and condensate production rose modestly to 13.79 Mbd in June, as Texas and New Mexico slowdowns and E&P capital discipline were offset by rig efficiency gains and a …
Chinese state-owned shipping company COSCO Shipping has launched an LPG dual-fuel very large gas carrier (VLGC). The 88,000-cbm Chang Ping Yuan can operate on both LPG and conventional marine fuel. …
By the mid-2000s, Klaveness had expanded its international presence, continued developing new shipping activities, and built interests that extended well beyond traditional ship ownership. Over the next ten years, the …
On August 31 (local time), news emerged that two oil tankers passing through the Strait of Hormuz were attacked by unidentified projectiles. Major international media, including the Financial Times, reported …
Cyprus, Greece, Malta and Italy have agreed to coordinate their positions on both EU’s existing and IMO’s planned regulations to cut shipping emissions. The four EU countries specifically discussed the …
The Complaints Are Workflow Signals, Not Performance Problems 1. “My team is drowning.” Vessel inquiry volume has outgrown the headcount reviewing it, and every inquiry still passes through a person. …
An understanding between Iran and Oman does not mean the Strait of Hormuz will reopen immediately but lays the groundwork for a possible reopening, an Iranian source told the semi-official …
Houthis say Bab al-Mandab Strait shipping near normal despite fighting Yemen’s Houthi group said Saturday that international shipping through the strategic Bab al-Mandab Strait remained near normal even as intense …
An Iranian commercial ship is struck near Strait of Hormuz with 1 dead, Iranian media say An Iranian commercial vessel was struck early Sunday off Qeshm Island in the Strait …
Aframax freight rates for the Vancouver-China route reached an all-time high on Sept. 10 as shipowners seized on tight tonnage amid strong global demand. “Blood in the water and the …
Clean LR2 The TC1 75kt MEG/Japan index jumped 209 points this week to WS785 returning around $232,000/day on a Baltic round trip basis. A voyage west also shot up 66% …
The International Maritime Organization’s (IMO) proposed Net-Zero Framework (NZF) represents an ambitious international effort to decarbonize the maritime sector. The initiative establishes a target of achieving net-zero greenhouse gas (GHG) …
Rates for shipping containers from east Asia and China to the US were mixed this week but continue to face upward pressure amid congested Asia ports and persistent demand, evidenced …
Capesize The market experienced a mixed week, with the Pacific providing the main source of volatility while the Atlantic remained comparatively steady, albeit lacking consistent momentum. The Pacific initially came …
At least 25 people were killed and five remain missing after a fire on a cargo vessel receiving repairs at a shipyard in the northeastern Chinese port city of Qingdao, …
Sailors’ Society Wellness at Sea Conference for South East Asia sees a record-breaking 4,500 registrations from the next generation of maritime The fifth annual Sailors’ Society’s Wellness at Sea Conference …
JDI and JPM GTG are pleased to announce the acquisition by JPM GTG of Atlantic Towing’s Offshore Division, to be renamed Sterling Atlantic Offshore (“Sterling”). The transaction is subject to …
Oceanly, a maritime technology company providing vessel performance, data management and fleet optimization solutions and ABB, a global technology leader in electrification and automation, are collaborating to give shipowners and …
90POE (Ninety Percent of Everything Ltd), the maritime software company behind OpenOcean STUDIO, has achieved independent certification from Normec Verifavia, confirming that its platform meets the data, process and functionality …
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