Protecting Tanker Operators with Proper Cargo Sampling Practices

Cargo contamination claims pose a significant financial risk for tanker operators, often resulting in expensive disputes. To effectively mitigate these risks, meticulous and proper...

[Podcast]Shipping Eyes Opportunity in Uncertainty at Nor-Shipping 2025

Shipping’s Risk Appetite Grows Despite Global Tensions. Nor-Shipping Highlights Divide in Strategy Amid US-China Rivalry. Volatility Rules, But Shipping Stays the Course. Lloyd’s List’s...

LCO₂ Shipping Emerges as Key Enabler for CCS Expansion

Maritime CO₂ Transport Emerges as Key Net-Zero Enabler. Cross-Border LCO₂ Shipping Faces Legal and Technical Hurdles. LCO₂ Vessels Drive Scalable Carbon Capture Logistics. As...

LNG Spot Rates Surge on Vessel Tightness While LPG Market Holds...

Atlantic LNG Rates Surge, Pacific Sees Modest Gains. Charter Demand Boosts LNG Spot Market Ahead of July. LPG Market Stable with Minor Fluctuations. The...

Port of Québec Earns Top Green Marine Certification for Seventh Consecutive...

The Port of Québec has achieved Green Marine’s highest environmental rating for the seventh year in a row. It earned perfect scores across...

Crane Collapses During Delivery at Tuas Port

New Quay Crane Topples, No Injuries Reported. Tuas Port Incident Leaves Operations Unaffected. Port Crane Falls at Non-Operational Berth. A quay crane that was...

Container Report – Week 24: Early Demand Supports Strong Pricing

Container rates remained strong due to early peak season demand and frontloading ahead of possible tariffs. U.S. East and West Coast freight rates...

Dry Bulk Market Monitor: Week 24 Sees Stronger Capesize Activity

Capesize and Panamax freight rates strengthened in early June, with the Baltic Dry Index hitting a three-month high. Vessel supply trends were mixed,...

Oil Markets Face Volatility as Israel-Iran Conflict Intensifies

Oil prices briefly surged after Israeli strikes on Iran, but gains eased as no major energy infrastructure was hit. Analysts warn prices could...

Iran May Attack Red Sea, Persian Gulf Ships Defending Israel

Iranian state news reported on June 14, 2025, that Iran has threatened to target ships, naval vessels, and military bases near the Persian Gulf...

Capesize Rallies, Panamax Sees Strong Gains, Supramax Splits Basins

The Capesize dry bulk market exhibited a steady yet nuanced performance in the recent trading week (Week 24, ending June 13, 2025), beginning with...

VLCC, Suezmax, and Aframax Rates Decline Globally as Market Softening Continues

The LR2 (Long Range 2) tanker market in the Middle East Gulf (MEG) indeed saw its resilience tested and ultimately yielded to downward pressure...

Israeli Attack on Iran Heightens Tensions, Sends Ripples Through Asian LNG...

The Israeli attack on Iran in the early hours of June 13, 2025, has significantly heightened tensions across LNG markets in Asia. Sources from...

From Trojan Horse to Guardian: Dar es Salaam Reshapes Ocean Future...

As dawn broke over the Indian Ocean, the Port of Dar es Salaam awoke to a flurry of activity. Freighters glowed golden in the...

Meyer Werft Continues LNG-Propelled Cruise Ship Platform, Integrates TMC’s Air Technology

Meyer Werft, the renowned German shipbuilding group, has awarded a contract to TMC Compressors (TMC), a Norway-based company, to supply the complete marine compressed...

ABS CEO Christopher Wiernicki Wins Silver Bell Award for Safety Leadership

ABS Chairman and CEO Christopher J. Wiernicki has been awarded the 2025 Silver Bell Award by The Seamen’s Church Institute (SCI) for his...

Wallenius Sol Unveils New Methanol-Ready RoRo Vessel

Wallenius Sol has taken delivery of the South Enabler, a next-generation RoRo-container vessel set to replace ML Freyja on a key European route. ...

Oil Prices Soar Nearly 10% Amid Middle East Tensions Following Israeli...

Crude oil futures surged nearly 10% as tensions escalated after Israel’s airstrikes on Iran, raising fears of supply disruptions through the Persian Gulf. ...

Hanwha Group Applauds U.S. Backing for Austal Acquisition Interest

The U.S. government has cleared Hanwha to increase its stake in Australian shipbuilder Austal up to 100%, with no national security concerns raised...

How China Is Fueling a Boom in Arctic Shipping Routes

Chinese companies are showing increased interest in using the Northern Sea Route (NSR), with a projected 50% rise in voyages in 2025. Russia’s...