Bunker Sales Surge in Singapore
Singapore's marine bunker fuel sales in July climbed to their highest in more than one and a half years, reports MarineLink.
Bunker Sales Surge
Sales at...
Hutchison Puts Brakes on $23B Ports Sale Amid Global Tensions
CK Hutchison delays US$23B ports divestment to 2026, citing deal complexity.
The net profit drops 92% due to UK telecom merger-related impairment.
The...
Korea and U.S. Launch Strategic Shipbuilding Alliance
In a strategic move to bolster joint shipbuilding ties between South Korea and the United States, senior officials from HD Hyundai met with high-ranking...
LNG Heavies: Tackling Onboard Operational Challenges
LNG cargoes containing heavy hydrocarbons (C6+) are increasingly causing operational delays, equipment failures, and costly disputes for LNG carriers and LNG-fuelled ships.
Even...
Seatrium and Karpowership Expand Collaboration on Floating Power Projects
Seatrium to begin integration works in Singapore from Q1 2027.
Scope includes mechanical, electrical, and pre-commissioning works.
Three LNG carriers to be converted...
Everllence and MEYER RE Join Forces on Methanol Retrofit Solutions
Methanol retrofit packages offer cost-effective engine conversion.
MEYER RE to help develop holistic retrofit concepts for entire ship systems.
A holistic approach is...
India’s Russian Crude Imports Fall on Sanctions but Trade Remains Resilient
Sanctions and EU price-cap rules add logistical inefficiencies.
Shortage of non-sanctioned tonnage is the key bottleneck.
17 additional vessels are needed to restore...
Xeneta: Container Spot Rates Hit 2025 Low as Capacity Surges
Far East–US West Coast spot rates fall to just above USD 2000/FEU, the lowest since late 2023.
US East Coast and Mediterranean trades...
Arrests in Singapore Strait Slash Vessel Robberies
Arrests by Indonesian Marine Police curb Singapore Strait robberies.
79 incidents in the first half of 2025, 11 more in early July before...
MABUX: Global Bunker Prices Under Pressure, LNG Holds Steady
All major MABUX bunker indices posted declines, with 380 HSFO, VLSFO, and MGO nearing key psychological thresholds.
Scrubber spreads narrowed further across key...
Bering Strait Mariners Follow 2018 Shipping Rules Despite Tensions
Study shows strong compliance with IMO-recommended lanes.
Cargo vessels, tugs, and tankers avoid sensitive areas.
Frequent transiting ships show higher rule adherence.
A recent...
U.S. Exports Nearly One-Third of Energy Output in Record-Setting 2024
The U.S. exported 30% of its primary energy production in 2024—overwhelmingly fossil fuels—setting new highs for both production and outbound shipments.
Petroleum exports...
Sanctioned Tankers Push Arctic Oil Exports to 11-Month High on Northern...
Russia has resumed crude exports to China via the Northern Sea Route (NSR) this summer, with all shipments carried on sanctioned tankers—most lacking...
Cargo Hold Fire Linked to Misdeclared Charcoal Shipment
Incident Overview
A container vessel experienced a fire in one of its cargo holds while underway in the open sea. The incident involved cargo that...
Huzhou to Produce 200 Electric Ships Annually Under Green Shipping Plan
Huzhou City and China Energy Engineering Group are investing RMB 33 billion (US $4.59 billion) to establish a green intelligent shipbuilding base in...
Torogoz Begins Maiden Voyage in Crowley’s Central America Service
Crowley’s fourth Avance Class vessel, Torogoz, has entered service, operating between the U.S. and Central America.
Powered by lower-emission LNG, the ship supports...
U.S. Tariff ‘Haze’ Stalls Business, Leaving European Carmakers and Shippers in...
Despite a trade deal between the U.S. and the European Union in late July that was intended to set U.S. tariffs on most European...
TRAPS Incidents Surge in Singapore Strait as Overall Maritime Security Incidents...
In the first half of 2025, the IFC recorded a total of 1,183 incidents, which is a 23% decrease compared to the same period...
ABB Powers World’s First Hydrogen Fuel-Cell Superyacht, Feadship’s “Breakthrough”
In a major advancement for sustainable superyachts, ABB has provided a comprehensive suite of technologies for the newly launched Feadship Breakthrough. This 118.8-meter vessel,...
VLCC Rates Remain Stable Despite Downward Pressure, While Suezmax Market Weakens
The tanker market is experiencing mixed trends across different vessel classes, with some segments facing downward pressure on rates while others are showing limited...
