International Maritime Leaders to Gather in Athens for ‘Shaping the Future...

The Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic, ICS, and UGS will co-host a high-level shipping summit in Greece. ...

Weekly Bunker Market Overview – Signs of Recovery After Price Declines

Global bunker fuel indices saw notable declines in Week 19, with all key grades—380 HSFO, VLSFO, and MGO—recording lower prices. Scrubber Spread trends...

Clean Maritime Alliance Urges EU to Enact Stronger Policies Following IMO...

A coalition of 82 stakeholders from clean maritime and green hydrogen sectors is pressing the EU for firmer policies to ensure climate goals...

SCFI Shows Rate Drop, Africa Routes Yield Better Returns

Spot ocean freight rates from Shanghai have fallen 46.4% year-to-date, according to the Shanghai Containerized Freight Index (SCFI). Rate declines vary widely across...

Ras Isa Port Emerges as Red Sea Shipping Flashpoint

Maritime authorities report serious safety concerns for seafarers at Ras Isa Port, with reports of vessel detentions and armed confrontations. IMO and UKMTO...

Brazilian Grain Shipments Surge Amid US-China Trade Tensions

BIMCO reports a 9% year-on-year rise in Brazilian grain exports between January and April 2025, driven by increased Chinese demand due to high...

Klaipėda Port Expands with Modern Fleet Base and Green Hydrogen Projects

Klaipėda Port has inaugurated a modern fleet base to house all specialized equipment and Port Authority vessels. The base strengthens port operations with...

Jafza Enters 40th Year with Record-Breaking Trade and Global Expansion

Jafza celebrates its 40th anniversary with record trade performance, highlighting its long-term economic impact on Dubai. The free zone has evolved from 19...

EU Intensifies Crackdown on Russia’s Shadow Fleet

Slovakia and Hungary to Phase Out Russian Oil Imports by 2027. EU Reduces Russian Crude Imports to 3%. Commission Proposes New Measures to...

Ocean Economy Employment Surpasses 100 Million Jobs Worldwide

Marine and Coastal Tourism Dominates Ocean Economy Employment. Offshore Oil and Gas Contribute More to GDP Than Jobs. Offshore Wind and Marine Renewables...

OPEC+ Boosts Output Again as Tanker Demand and Trade Tensions Rise

Saudi and UAE Crude Exports Rise, Offsetting Venezuela and Iran Cuts. Oil Markets Face Oversupply Risk as Brent Slides into Contango. OPEC+ May...

Singapore Mandates Health Declarations for High-Risk Vessel Arrivals

New MDH Requirement for Ships Arriving from Designated Countries. MPA Directive on Maritime Health Declarations Takes Effect 8 May 2025. Ships with Sick...

Seafarer Statistics in the EU for 2023 Released by EMSA

Nearly 300,000 Certified Masters and Officers Available in 2023. Norway Leads EU in Issuing Certificates of Competency. Philippines Tops Non-EU Countries with Recognised...

HD Korea Shipbuilding Secures $179 Million Contract For Crude Carriers From...

HD Korea Shipbuilding & Offshore Engineering Co. has announced a significant contract win worth approximately $179.2 million to construct two crude oil carriers for...

VLCCs Dip As Sentiment Wanes, Suezmax And Aframax Struggle Amid Supply...

The crude tanker market softened across the board this week, as extended holidays, growing tonnage lists, and limited enquiry weighed on sentiment. VLCCs saw...

Capesize Gains On C5, Panamax And Supramax Subdued Amid Limited Enquiry...

The dry bulk market showed a mixed performance this week across the major segments. Capesize routes saw firmer fixtures on C5, supported by a...

Oil Prices Fall Amid OPEC+ Supply Surge And Geopolitical Uncertainty

The global oil market is currently navigating a volatile period, marked by sharp price drops, strategic production increases by OPEC+, and complex geopolitical developments....

Inbound Release Platform (IRP) Transforming Customs Handling In Belgian Seaports

Launched on April 1, 2025, the Inbound Release Platform (IRP) is a digital innovation developed by Port of Antwerp-Bruges and NxtPort in partnership with...

TEN Expands Brazilian Offshore Presence With Delivery Of Two Shuttle Tankers

Tsakos Energy Navigation (TEN) announced a significant milestone with the delivery and naming of two new DP2 suezmax shuttle tankers, marking the beginning of...

Lessons Learned: Shocking Risk at the Dock

BSU reports of a health hazard to a dock worker due to electric shock when connecting a refrigerated container on board a container ship. What...