VLCC Freight Rates Plunge, While Suezmax and Aframax Markets Show Mixed...
The past week has seen a significant downturn in freight rates for LR2 (Long Range 2) product tankers, both East and West of Suez,...
Iranian Exports See Mid-June Slowdown, But China’s Imports Remain Robust After...
China's oil imports from Iran experienced a significant surge in June 2025, reaching record highs despite ongoing U.S. sanctions.
China's Surging Imports
Record Loadings: Iran's export...
New Reporting Requirements for GHG Compliance Services
The International Maritime Organization (IMO) has introduced significant amendments to MARPOL Annex VI, specifically regarding the Data Collection System (DCS) for fuel oil reporting...
Green Fuel Supply and Government Backing Crucial for Maritime Transition
Green corridor progress is hindered by regulatory uncertainty and funding challenges.
Only 24 of 62 initiatives have reached feasibility study stages; none are...
Customs in Belgium Seize Foreign Vessel in Major Cocaine Operation
Belgian authorities detained a foreign-flagged vessel in Zeebrugge after discovering several hundred kilos of cocaine onboard.
The ship had previously anchored off Ostend...
Maersk Restarts Services at Haifa Port in Response to Regional Stability
Maersk resumes vessel calls to the Port of Haifa following signs of de-escalation in the region.
Cargo acceptance for both imports and exports...
Maritime Cyprus 2025 Set to Shape the Future of Global Shipping...
Maritime Cyprus 2025 will take place from 6–8 October in Limassol under the theme "Unlocking the Future ...of Shipping".
The conference will bring...
NY-NJ Port Tops U.S. Seaports in May 2025
The Port of New York and New Jersey handled 774,698 TEUs in May 2025, surpassing all other U.S. ports and showing long-term growth.
...
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...