This Week Trends
According to South African maritime authorities, Emergency rescue and oil spill response teams are on standby to assist a large crude carrier off Port St Johns on the Eastern Cape coast, reports Talkofthetown.co.za.
What happened?
The 333m-long supertanker Yuan Hua Hu...
Chevron and Toyota announced a memorandum of understanding to strategic alliance on hydrogen.
Chevron and Toyota are seeking to work on three main strategic priorities.
According to a press release published by Chevron, Chevron U.S.A. Inc., through its Chevron...
Royal Caribbean's strategies for passenger flow on Icon of the Seas, involve innovative navigation solutions, a transformed Royal Promenade, and a neighborhood concept for convenience.
These measures aim to ensure a spacious and enjoyable experience for up to...
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Hot Stuff Coming
Crude Gains, Oil Product Stockpiles Climb Up
Marine fuel supplies seen ample
Total inventories down 9.9% from a year earlier
Dated Brent hits new 7-year high
A Platts news source says...
Chinese City Into Semi Shutdown After Local Covid Cases Emerge
China's Harbin in semi-lockdown after local Covid cases emerge again
Harbin vowed to complete an initial round of city-wide testing
residents told to...
Chinese Coal Imports Reach Record High: Seaborne Imports Drive Significant Growth
China's coal imports surged significantly in 2024, reaching a record high of 543 million tons, a 14.4% increase year-on-year. This surge was primarily driven...
IMO Firm On Implementation of Treaties
The International Maritime Organization (IMO) said that it is committed to ensuring the implementation of all its treaties, reports MarineLink.
Contribution to sustainable development
The UN...
LATEST ARTICLES
NCFI Shows Diverging Trends as Middle East Rates Surge
The latest update of the Ningbo Containerised Freight Index (NCFI), released by the Ningbo Shipping Exchange, reveals notable divergence across major trade lanes, with...
Merchant Vessel Beats Back Pirate Raid Amid Red Sea Revival
A merchant vessel successfully thwarted a coordinated pirate attack in the Bab-el-Mandeb Strait early Friday morning, underscoring the persistent volatility in one of the...
Fire Incident at Manila North Harbor Prompts Investigation and Safety Review
Fire reaches second-alarm status, requiring a major response.
Authorities contain damage to the lower decks after hours of firefighting.
An investigation is underway,...
War Risk Premiums Shift: Red Sea Rates Drop While Black Sea...
War risk premiums for vessels sailing through the Red Sea have fallen sharply following the recent ceasefire and decline in Houthi attacks.
In...
Container Shipping Faces Year-End Pressure as Demand Softens and Disruptions Rise
Blank sailings surge with 64 cancellations across five weeks.
Spot rates jump, but sustainability remains uncertain.
Severe storms disrupt Asian terminals and delay...
EU Moves to Permanently End Russian Gas and Oil Imports by...
The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional...
Maersk Pushes Decarbonisation Frontier with 50/50 Ethanol-Methanol Blend Trial
Maersk to trial 50/50 ethanol-methanol blend on the vessel Laura Mærsk
Initial E10 test confirmed safe integration and strong performance
Ethanol offers another...
India Moves Closer to Arctic Access Under New RELOS Pact With...
A logistics support agreement ratified in Moscow opens the door for Indian naval and commercial vessels to access Arctic ports.
The pact supports...
Major Newbuild Programme Launched Amid Strong Shipping Demand
A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships.
This newbuild programme...
Air Lubrication Systems Selected for Nine New RoPax Newbuilds
Nine new RoPax vessels being built in China will be fitted with air lubrication technology.
The order marks the largest RoPax installation programme...





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