This Week Trends
Petrobras has reversed production cuts due to the higher-than-expected demand for fuels.
It has increased production to 2.26 million bpd.
It also increased utilization rates at its refineries to 79% after cutting them to 60%.
Petrobras is confident...
Current and former cruise ship employees earn monthly between $500 and $10,000 and 40% of the worker's monthly earnings were equal to or less than $2,000.
Carnival Corporation, Royal Caribbean Cruises, and Norwegian Cruise Line Holdings reported a median...
Wärtsilä, and Silverstream Technologies has signed a Licence and Co-operation Agreement for future sales.
As an authorised sales and service partner, Wärtsilä intends to fully integrate Silverstream’s air lubrication system within its propulsion solutions.
This agreement increases compliance...
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Hot Stuff Coming
Riders Line Up for the Ocean Powered Fuel Race to Cut Emissions
Watching the scramble to be top dog, or rather favourite maritime fuel of the future, is becoming a fascinating habit. Whereas the likes of...
Revealed! The Most Luxurious Cruise Ship Cabins on the High Seas
According to Daily Mail, the most luxurious cruise ships on the high seas boast of butler service, crystal chandeliers, marble bathrooms, and grand pianos.
Adam...
A New Tack: Wind Propulsion & Pathway To Zero-emissions
During the 2023 GREEN4SEA Athens Forum, Mr. Gavin Allwright, Secretary General, International Windship Association (IWSA), highlighted that wind propulsion has been extensively researched, tested,...
Vessel Caught Fire While Clearing the Oil Spill
On March 31, a vessel reportedly caught fire following an oil spill from a tanker.
What happened?
The vessel ‘Ever Judger’ caught fire following an oil...
LATEST ARTICLES
Port & Shipping Equities Show Mixed Momentum as Market Divergence Widens
Drewry Maritime Financial Research reports that global port and shipping equities closed the week of 14 November 2025 with a mix of gains and...
Major Newbuild Deal Boosts Korean Yard’s 2025 Orderbook
Korean builder wins $1.3bn order for seven boxships.
Deliveries to run through late 2029.
Annual order tally reaches $6.9bn with 39 vessels booked.
A...
Sanctions Pressure Pushes Russian Oil Liftings Down and Shadow Fleet Demand...
Tanker demand rises despite export losses.
Floating storage surges as buyers hesitate.
Loss of European tonnage tightens vessel availability.
Russian crude liftings have plummeted...
Mixed Movements Keep Global Box Rates Stable
Transpacific rates fall for second straight week.
Asia–Europe rates rise for sixth consecutive week.
Carriers plan higher FAK rates from 1 December.
The Drewry...
Tanker Held Under Sheriff’s Arrest Off Singapore
Arrest executed through maritime law specialists.
Previous abandonment case noted in India.
Operators silent on reasons for latest detention.
A Liberian-flagged chemical and oil...
Transpacific Ocean Rates Slide; Asia-Europe Freight Holds Steady
The team at Freightos reports that while carriers attempted General Rate Increases (GRIs) in October and early November, the underlying fundamentals of maritime trade...
Black Sea Trade Outlook Darkens as Intermodal Risks Escalate
Market analysts report that China’s move to reinstate soybean import licences for three US companies from 10 November marks another incremental step toward conditions...
Turbulence in the Black Sea: What’s Driving It?
According to Intermodal Senior Analyst Nikos Tagoulis, Ukraine employed a coordinated strategy using cruise missiles and strike drones to hit oil-loading facilities at Novorossiysk,...
Maritime DEI Report Reveals Rising Demand for Fairness and Accountability
The Diversity Study Group (DSG) has today released its latest Annual DEI in Maritime Review, revealing increasingly clear expectations from seafarers and shore-based professionals...
HD Hyundai Makes History With Delivery of Its 5,000th Vessel
Korea’s largest shipbuilder, HD Hyundai, celebrated on Wednesday a global first with the delivery of its 5,000th vessel, highlighting the company’s leadership in the...





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