News Flash

BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026

Australia’s BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company’s plans...
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WAF crude tanker rates soften amid regional tonnage overhang

Freight rates for the West African dirty tanker segment have declined significantly over the past week, with sources pointing to...
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Baltic index dips on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower capesize rates offset gains in smaller vessel...
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Global freight, insurance, crew wages to spike as Israel attacks Iran: shippers

Global shipping freight, insurance, and crew wages will likely increase significantly in the near term after Israel launched a retaliatory...
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Reflecting on One Year of CII Regulations: Navigating Decarbonization in Shipping

As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the maritime industry is reflecting...
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Ambrey: Ships transiting the Gulf, Western Indian Ocean should stay alert

British security firm Ambrey said on Friday merchant vessels transiting the Gulf and Western Indian Ocean were advised to stay...
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ABS and DOE Sign MOU to Collaborate on Clean Energy Development and Maritime Decarbonization Research

ABS and U.S. Department of Energy (DOE) are to collaborate on clean energy development in the maritime domain and decarbonization...
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KEYS Azalea Completes First Ship-to-Ship LNG Bunkering in Western Japan Promoting the use of LNG as marine fuel and contributing to a reduction of GHG emissions

On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan Ltd. (“KEYS”)1 —...
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Shipping industry urges UN to protect vessels after Iran seizure

Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United...
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Any new US sanctions on Iranian oil are unlikely to disrupt crude flows to China

China’s appetite for Iranian crude is unlikely to slow as the US mulls new sanctions on Iran’s oil exports in...
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Updated transit levels at Panama Canal don’t faze LNG shippers

Despite a recent announcement that the Panama Canal Authority is set to add a slot for daily transits through the...
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EU, IMO stricter shipping rules emit positive signal for green transition – Global Maritime Forum director

The European Union’s Fit for 55 program for shipping has sent a powerful and important signal about the role that...
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Future of Russian LNG carriers being built for Arctic LNG 2 project uncertain

LNG shipping market participants are divided over the fate of six Arc7 LNG carriers currently under construction in South Korea...
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Crew of ship seized by Iran are safe, operator MSC says

The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm...
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Chartwell Marine Expands CTV Build Pipeline to Support Global Offshore Wind Growth

Chartwell Marine, a trusted pioneer of next-generation vessel design, has announced that a new Chartwell Brevity Class Crew Transfer Vessel...
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Americas clean tanker rates to stay volatile at elevated floor in Q2 as exports grow

Americas clean tanker rates are expected to continue their volatility at elevated levels during the second quarter, as US Gulf...
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LR collaborates with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on six Singapore-registered ammonia dual-fuel newbuilds

Eastern Pacific Shipping (EPS) has signed Memorandums of Understanding (MoUs) with the Maritime and Port Authority of Singapore (MPA) and...
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H2 Energy and DFDS publish new hydrogen propulsion feasibility study

During the past year, H2 Energy and DFDS have worked together on a project to analyse the feasibility of retrofitting...
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Asia Fuel Oil-HSFO discount narrows on firmer bid but trade lull continues

Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the emergence of a firmer bid, though a wider...
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Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions...
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