Sanctioned LNG Vessel Reaches Arctic LNG 2 as Loadings Poised to...
Iris LNG (formerly North Sky), a U.S.-sanctioned LNG tanker, arrived at Arctic LNG 2 on June 26, according to S&P Global data.
Loadings...
IEA Forecast: Oil Demand to Peak in 2029, Implications for Tanker...
IEA projects global oil demand to peak in 2029 at ~105.5 mbd, with growth driven by Asia Pacific petrochemicals and aviation.
China’s demand...
U.S. Executive Order on Seabed Mining Opens New Frontiers for Shipping...
A new Executive Order from President Trump aims to boost seabed mineral extraction, creating lucrative opportunities for vessel owners and operators.
The move...
UWL Partners With Emirates Shipping Line To Scale Sun Chief Express...
UWL, a leading American-owned non-vessel operating common carrier (NVOCC), has announced a strategic vessel-operator partnership with Emirates Shipping Line (ESL), based in the United...
A Tall Ship Adventure in the Mediterranean
There’s something undeniably enchanting about sailing aboard a tall ship. As Amy Bell reflects in the Financial Times, the magic lies not only in...
Korea And Australia Launch Feasibility Study For 2029 Green Shipping Route
The Ministry of Oceans and Fisheries of Korea has announced the launch of a feasibility study for creating a green shipping route between Korea...
ABS Opens Hellenic Ship Safety Center In Athens
American Bureau of Shipping (ABS) has launched the Hellenic Ship Safety Center (HSSC) in Athens, a next-generation training facility that introduces immersive learning techniques...
India Launches SMFCL First Maritime NBFC To Boost Port & Shipping...
In a landmark development for India’s maritime sector, Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, officially inaugurated Sagarmala Finance Corporation Limited...
Santa Marta Named World’s Most Reliable Deep-Sea Port In New Global...
A new analysis by Sunday Spotlight (Issue 720) ranks the world’s deep-sea container ports based on schedule reliability, revealing surprising results that challenge traditional...
Iran-Israel Conflict could Herald New Era of Reduced Energy Risks: Experts
Conflict reveals supply impacts now 'taboo'
Risk premiums vanish after Iranian response
Market fundamentals outweigh short-term uncertainty
The hesitation of Iran and Israel to...
Tanker Markets Face Summer Weakness After Rollercoaster Ride Amid Conflicts
Wild swings of VLCC rates appear to be over for now
Normal tanker operations gradually resume
Geopolitics, GNSS interference still pose risks
Oil shipping...
US Demand for China-Made Goods EBBS on Tariff Worries; Ocean Shipping...
Drewry's World Container Index drops 9% for second week
Shangai-US West Coast shipping rates dive to $2,500 from $6,000
US Fed Chief Powell...
Gulf Shipping Costs Drop as Israel-Iran Ceasefire Holds
Shipping costs for the Gulf have fallen after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping...
Baltic Exchange Gas Round-Up: LNG Rides High, LPG Takes a Breather
The Baltic Exchange’s Gas Report for Week 26 (ending June 28, 2025) presents a mixed landscape in the global gas shipping sector, with LNG...
High Seas Breach: Armed Boarding Jolts Singapore Strait Shipping
A serious maritime security incident unfolded on June 26, 2025, in the Singapore Strait, where four individuals, including one reportedly armed with a gun-like...
MOL Sets Sail on Japan’s First Biofuel Voyage for an Electric...
Mitsui O.S.K. Lines (MOL) has announced that it refuelled its operated coal carrier Hokulink with B30 biofuel at Yeosu Port, South Korea.
MOL tests B30...
Pause in Tariffs: Baltic’s Week 26 Container Round‑Up Drops Anchor!
With the 90-day pause in tariffs imposed by the USA set to end on 8 July, only a deal with the UK has been...
World First: Hydrogen-Electric Tug No.1 Enters Service in China
China's first hydrogen-electric tugboat, the Hydrogen-Electric Tug No.1, was officially put into service at Qingdao Port, east China's Shandong Province, reports Fuel Cells Works.
Beidou...
IMO Sets Sail for Nuclear Future with New Regulatory Push
The International Maritime Organization (IMO) has formally agreed to start the revision of outdated regulations for nuclear-powered ships.
IMO agrees outdated regulations revision
The 110th...
BIMCO Projects 700 Million DWT to Be Recycled Over Next Decade
BIMCO forecasts up to 16,000 ships (700 million DWT) could be recycled over the next decade, doubling the number from the past 10...