Red Sea Disruptions Reshape Global Bunker Demand

Global bunker fuel demand is surging as vessels avoid the Red Sea. Major ports like Singapore, Fujairah, and Rotterdam report spikes in marine...

Trade Deals on the Horizon as Trump Delays Tariff Deadline

The U.S. is close to finalizing several trade agreements, with announcements expected soon. President Trump will notify countries of increased tariffs by July...

World’s Largest Solar Car Carrier Unloads 4,000 Vehicles in Greece

World's largest solar-powered car carrier completes its maiden voyage with 4,000 vehicles onboard. The vessel reduces lifecycle carbon intensity by 35%, saving over...

Houthis Claim First Ship Sinking This Year in Red Sea Attack

First Houthi Red Sea attack of 2025 disrupts six months of maritime calm. Damaged cargo ship at risk of sinking after explosive-laden boat...

Hanwha Eyes U.S. Flag for Korean-Built LNG Carriers

Hanwha plans to reflag Korean-built LNG carriers under the U.S. flag. The move aligns with recent U.S. regulatory changes promoting American-flagged vessels. Hanwha...

IMO Chief Opens Council with Condolences and Call for Reform

Dominguez Mourns Maritime Tragedies, Urges Global Cooperation. IMO Condemns Attacks on Shipping, Cites Red Sea and Black Sea Incidents. Secretary-General Highlights Seafarer Safety...

Dubai Enforces AIS Use for All Vessels at Port Entry and...

DPA Mandates Continuous AIS Operation Across All Vessel Types. Strict AIS Compliance Required at All Dubai Ports. Non-Compliance with AIS Rules May Lead...

Dry Bulk Market Holds Steady Without Clear Momentum

Summer Gathering Marked by Cautious Sentiment. Freight Rates Higher Than 2023, But Momentum Missing. No Catalyst Yet for a Late-Year Rally. As the Hellenic...

Crew Rescued After Drone and Missile Attack in Red Sea

Red Sea Assault Forces Crew to Abandon Bulk Carrier. Maritime Attack Mirrors Houthi Tactics, Says Security Firm. Fire and Flooding Hit Vessel After...

Tanker Crewman Jailed for Modifying Mask Linked to Colleague’s Death

Improper SCBA Mask Alteration Leads to Fatal Exposure. Pump Master Jailed After Unsafe Mask Modification Causes Death. Tanker Worker Suffocates in Naphtha Tank...

Seatrium Deepens Partnership with Karpowership’s Kinetics

Singapore-based Seatrium Limited (the Group) has announced that it has secured a contract for the conversion of a Floating Storage Regasification Unit (FSRU) from...

Fire Erupts Aboard Decommissioned Supertanker at Aliağa Port

On Thursday, July 3, 2025, a fire broke out aboard the decommissioned supertanker while it was undergoing dismantling at the Simsekler shipbreaking yard in...

Panama Canal Sees 30% Increase in Transits, Plans Water Sustainability and...

During his keynote address at the 10th International Financial Summit, Minister for Canal Affairs José Ramón Icaza provided a comprehensive overview of the Panama...

Volatile First Half of 2025: US Policy, Sanctions, and War Shape...

The return of President Trump triggered a wave of trade and geopolitical tensions impacting global tanker dynamics. Sanctions on Russia, Venezuela, and Iran...

Despite Voluntary Cuts Unwinding, OPEC-8 Crude Exports Lag Expectations as Global...

Global crude and condensate exports have demonstrated a consistent upward trend since September of last year, a surge primarily propelled by an increase in...

Hansalink 3 Project to Electrify Ports of Helsinki and Lübeck-Travemünde

The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, an initiative specifically designed to enhance the vital maritime...

Wilhelmsen Joins Battery Forum to Boost Maritime Electrification

Wilhelmsen Ships Service becomes the latest member of the Maritime Battery Forum (MBF), reinforcing its dedication to clean and electrified shipping solutions. The...

Mukran LNG Terminal Proves Pivotal for German Energy Supply, Despite FSRU...

Deutsche ReGas, Germany's private operator of liquefied natural gas (LNG) terminals, has announced a significant milestone at its "Deutsche Ostsee" energy terminal in Mukran,...

Will West Africa’s Wet Season Sink Capesize Demand?

Bauxite exports from Guinea surged 37% year-on-year in 2025, overtaking coal as the second-largest capesize cargo after iron ore. Seasonal monsoon rains may...

Sudan’s Oil Export Recovery Supports Aframax Demand Amid Mixed Tanker Market...

Sudanese crude exports have rebounded to 11 million barrels in June after disruptions caused by civil conflict, supporting Aframax and Suezmax demand. VLCC...