Crude and Product Tanker Market Shifts Amid Geopolitical Tensions
Crude tanker demand rose in Q1 2025 due to Indian and Chinese supply concerns after OFAC sanctions.
Longer voyages from the Middle East...
Canada’s First LNG Export Terminal Nears Launch with Initial Shipment
For commissioning purposes, LNG Canada received its first LNG cargo at the Kitimat terminal on April 2.
The shipment, delivered by Maran Gas...
CPP Tanker Rates Rebound on Higher Volumes, Longer Routes
The clean petroleum product (CPP) tanker market is showing signs of stabilization after a period of decline, supported by increasing trade volumes and extended...
NCFI Reports Notable Fluctuations Across Major Shipping Routes
The Ningbo Containerized Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, reported notable fluctuations across major shipping...
Ascenz Marorka Teams Up with World Ocean to Expand in South...
Ascenz Marorka has announced a strategic commercial partnership with World Ocean, a leading South Korean company in the maritime and offshore business. This collaboration...
Lessons Learned: Contact of Barge Crane with Ship-to-shore Crane
NTSB has issued an investigation report on an incident involving the crane aboard the Royal Engineer tow making contact with a terminal cargo crane.
The...
[Watch] Trump Shares Houthi Strike Video, Says “They’ll Never Sink Our...
Former President Donald Trump posted dramatic footage of a U.S. drone strike targeting Houthi fighters, declaring, “They will never sink our ships again.”
...
[Podcast] Green Ship Finance Struggles to Stay Afloat in Changing Market
As Owners Repay Loans, Lenders Rethink Green Finance Strategy.
Fading ESG Momentum and Market Shifts Challenge Green Ship Finance.
Thin Margins and Cash-Heavy...
US-EU Trade War Escalates as Freight Markets Slide
Global Trade Faces New Shocks from US Tariffs, EU Retaliation, and Freight Decline.
Tariffs, Port Fees, and Geopolitical Tensions Shake Global Shipping.
Freight...
IMO Moves Closer to Climate Goals with New GHG Proposal
IMO Pushes Ahead with Net-Zero Framework for Shipping.
Global Maritime Regulator Advances GHG Emissions Plan.
IMO Unveils Tiered Compliance Plan to Cut Ship...
Tariff Uncertainty Rattles Global Shipping Industry
Shipping Firms Struggle as U.S. Tariff Confusion Grows.
Freight Surge and Supply Delays as U.S. Tariffs Loom.
Escalating U.S. Tariffs Spark Global Shipping...
Old Russian Oil Tanker Barred by India Transfers Cargo Offshore
An old Russian Oil Tanker Denied Entry, Cargo Shifted at Sea
Russian Crude Transfer Underway After Indian Port Refusal
Sanctioned Shadow Fleet Faces...
Seaspan Begins Construction on Canada’s Next-Generation Polar Icebreaker
Steel Cut on Canada’s Most Advanced Polar Icebreaker at Seaspan Shipyards.
Seaspan Launches Construction of Arctic-Class Icebreaker for Canadian Coast Guard.
Made-in-Canada Polar...
ENEOS Invests $100M in C2X to Boost Global Green Methanol Projects
ENEOS and C2X Partner to Advance $100M Green Methanol Push.
ENEOS Joins C2X to Accelerate Beaver Lake Renewable Energy Project.
C2X Secures $100M...
Eastern Pacific Hits 350th LNG Bunkering at Tuas Terminal
Eastern Pacific Shipping, a Singapore-based ship management company, completed its 350th ship-to-ship LNG bunkering operation on April 2, 2025, at Tuas Terminal, reports Port...
Mazagon Dock Falls 6% on Govt’s 4.8% Stake Sale Plan via...
The Indian government plans to sell a stake of up to 4.83% in Mazagon Dock Shipbuilders, reports Reuters citing an exchange filing.
Mazagon Dock falls...
Cancelled Sailings Surge as Transpacific Faces Biggest Hit
57 sailings were canceled across East-West trade lanes between weeks 15 and 19, with Transpacific Eastbound routes experiencing the highest share at 53%.
...
Dry Bulk Outlook: Q2 Recovery Expected Amid Uncertainty
Bauxite shipments from West Africa to China are expected to support Capesize freight rates in Q2 2025 after a sluggish start due to...
Sea-Cargo Expands Wind-Assisted Fleet with Additional Norsepower Rotor Sails
Sea-Cargo has placed a repeat order with Norsepower to retrofit two more RoRo vessels, MV Trans Hav and MV Trans Sol, with Norsepower...
Bill of Lading vs. Sea Waybill: Key Differences and Uses
A Bill of Lading (B/L) is a formal shipping document issued by the carrier that serves three key functions:
Contract of Carriage – Establishes...
