EU Faces Challenges in Aligning Maritime Emissions Rules
EU and IMO Strive for Alignment on Maritime GHG Emission Rules.
Shipping Industry Faces Overlap in EU and IMO Emissions Regulations.
Brussels Eyes...
West Africa Becomes Key Destination for European Gasoline
European Gasoline Flows Shift Toward West Africa Amid Market Realignment.
West Africa Overtakes US as Key Destination for European Gasoline in 2025.
Gasoline...
U.S. Imposes Fresh Sanctions on Chinese Refinery Over Iranian Oil Trade
New U.S. Sanctions Disrupt Iran's Shadow Fleet and Oil Trade Networks.
Treasury Sanctions Chinese Firm, Global Entities for Aiding Iran’s Oil Sales.
Billion-Dollar...
IMO Highlights Global Spill Response Strategy at INTERSPILL 2025
Red Sea Lessons, Alternative Fuels, and DEI Shape IMO’s Agenda at INTERSPILL.
IMO Calls for Regional Unity and Inclusive Action at INTERSPILL 2025.
...
ABB Dynafin Propulsion Concept Validated by MARIN
ABB Dynafin Achieves 81% Efficiency in Full-Scale Open Water Tests.
MARIN Validates ABB’s Bio-Inspired Ship Propulsion System.
Whale-Inspired Propulsion from ABB Shows Real-World...
Lessons Learned: Container Explosion While Underway
Transport Malta MSIU issued an investigation report on the cargo explosion onboard a container ship while underway in February 2020. The investigation established that...
CIMC SOE Wins Fifth 20,000m³ LNG Bunkering Vessel Order
CIMC SOE secures a 20,000m³ LNG bunkering vessel order from a European shipowner, marking its fifth such order and solidifying its leadership in...
AD Ports Group Pioneers LNG Bunkering at Khalifa Port
Abu Dhabi's AD Ports Group has conducted its first ship-to-ship (STS) LNG bunkering operation at Khalifa Port.
AD Ports Group Expands Sustainable Fuel Solutions
The operation,...
IEA: Global Oil Market Faces Setback Amid Trade Tensions
Global oil demand growth for 2025 is revised down to 730,000 bpd — the slowest pace since 2020 — due to escalating trade...
Drewry World Container Index Drops 3% This week
Drewry’s World Container Index decreased 3% to $2,192 per 40ft container this week.
Detailed assessment for Thursday, 17 April 2025
The Drewry WCI composite index...
2014 Ferry Disaster Traced to Structural Failures, Says State Report
The Korea Maritime Safety Tribunal (KMST) concluded that the ferry's sinking was primarily due to structural failures, including illegal modifications and overloading, which...
Signal Ocean Dry Weekly Market Monitor Week 16 2025
The global soybean trade is undergoing a major realignment due to renewed tariffs and geopolitical tensions.
China is increasingly sourcing soybeans from Brazil...
India Launches Reconstructed 5th-Century Stitched Ship on Mandovi River
A reconstructed 5th-century stitched wooden ship has been launched on the Mandovi River in Goa.
The project was a joint effort by the...
GCMD Launches Free Calculator for GHG Pricing Framework
The Global Centre for Maritime Decarbonisation (GCMD) has introduced a cost and compliance calculator in line with the newly approved GHG emissions pricing...
USCG Urges Accurate Registration and Timely Cancellation of False Distress Alerts
The US Coast Guard stresses the importance of registering distress alert devices and canceling false alerts swiftly to maintain maritime safety.
A high...
HD Hyundai Launches World’s Largest 22,000㎥ Liquefied CO₂ Carrier
HD Hyundai Mipo has launched the world’s largest liquefied carbon dioxide (LCO₂) carrier with a capacity of 22,000 cubic meters.
The vessel is...
Rhine River Levels Improve Marginally but Shipping Still Severely Restricted
While recent rainfall has brought a slight increase to water levels on the Rhine River in Germany, the improvement has been limited. Commodity traders...
Bunker Prices Support VLCCs, Suezmax Spikes Amid Tight Tonnage
The downward trend in both oil and stock markets persists, with yesterday's brief optimism proving to be a temporary and ultimately insignificant rebound. In...
WA Shipping Sees Late April Interest, Dry Bulk Markets Face Downward...
In the West Australian shipping market, operators and miners are actively seeking vessels for loading dates in late April 2025. Additionally, there's some preliminary...
The Remaking of Global Trade: China’s Strategic Ascent and its Maritime...
Between 2000 and 2024, China underwent a remarkable transformation in the global trade landscape. Initially a relatively minor participant, the country ascended to become...
