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Prompt cargoes weigh on North Sea differentials, but traders see recovery ahead
While an ongoing excess of prompt cargoes has kept North Sea crude differentials moving sideways around multi-month lows, traders have...
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HSFO cracks jump but spot benchmarks capped
Cracks for high sulphur fuel oil (HSFO) hit fresh highs in Asia on Friday, though spot benchmarks remained capped. The...
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CMA CGM: A solid Group continuing its transformation in an unstable market environment
The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met...
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EIA forecasts world oil consumption growth to slow amid less economic activity
We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by...
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ClassNK Academy starts offering the 2025 edition of e-learning courses- covering industry basics, ship design, structural strength, and cybersecurity
ClassNK has started offering the 2025 edition of ClassNK Academy’s e-learning content. These courses help new employees understand the maritime...
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Russia may use military force to protect shadow fleet, Estonia warns
Moscow is using ageing vessels in an effort to dodge international sanctions on its oil exports. Estonia has warned that...
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ZeroNorth and Veracity by DNV launch end-to-end emissions reporting and verification service for the maritime industry, with Teekay as first customer
As regulatory requirements tighten, maritime operators face growing demands for emissions transparency and reporting integrity. At the same time, poor...
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Szczecin Declaration: Competitiveness of European shipping at the centre of EU maritime industrial strategy
EU ministers signed this week the Szczecin Declaration on the EU maritime industrial strategy during the 11th International Maritime Congress...
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Geopolitical realignment of the world’s copper trade
The global copper supply chain has experienced an intense transformation over the last twenty years, marked by a significant geopolitical...
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New Lloyd’s Register report simplifies complex regulatory landscape
A new Lloyd’s Register report outlines the upcoming changes to mandatory statutory regulations and instruments. A comprehensive suite of new...
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Marko Tulokas appointed President and CEO of Konecranes
Konecranes has appointed Marko Tulokas (b. 1972) as its new President and CEO as of June 1, 2025. He succeeds...
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Valencia port strengthens ties with the Moroccan market
To strengthen the North African market and establish new trade relations to consolidate Valencia port as a bridge between Africa...
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Qingdao Port opens general cargo route to Mumbai
A general cargo ship carrying construction machinery, equipment and steel products recently departed from Qingdao Port in Shandong province for...
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Korean shipbuilders, USTR to discuss cooperation during APEC trade ministers meeting
The heads of Korea’s leading shipbuilding companies — HD Hyundai and Hanwha Ocean — will hold one-on-one meetings with United...
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Swedish-produced biomethane bunkered at the Port of Gothenburg
For the first time, St1 and St1 Biokraft have delivered their own Swedish-produced liquefied biomethane to the maritime sector —...
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Creating the World’s First Ammonia-fueled Vessel Augmenting Safety Measures with Input from Marine Engineers
In August 2024, the world’s first ammonia-fueled vessel for commercial-use entered service in Tokyo Bay. This tugboat was developed by...
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FuelEU Maritime: Smarter compliance could unlock a €250m upside for shipping
As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of...
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ABS Publishes Industry-Leading Safety Insights for Ammonia as a Marine Fuel
How does ammonia behave when it leaks in an engine room? How does a cloud of escaped ammonia disperse during...
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EU targets almost 200 tankers under new Russian sanctions package
The EU will blacklist almost 200 “shadow tankers” as part of its 17th sanctions package against Russia, European Commission President...
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A historic course correction: how the world’s shipping sector is setting sail for net zero
Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now at the forefront of...
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