Asian VLCC Freight Rates Surge as Port Congestion Tightens Supply

Persian Gulf-China Route Sees Sharp Jump to W132.5. Chinese Port Congestion and Rising Demand Tighten Tonnage Supply. Global VLCC Laden-Ballast Spread Narrows, Indicating...

Japan Revives Shipbuilding Industry with $6.5 Billion Modernization Push

MoU with the US Opens Door for Collaboration and Naval Maintenance Contracts. Japan’s Global Shipbuilding Share Falls to Record Low of Just Over...

US-Sanctioned Tanker Conducts LNG Transfer in Malaysian Waters, Kpler and Vortexa...

US-Sanctioned Vessel Perle Transfers Cargo from Portovaya to CCH Gas. Satellite Data Confirms STS Operation Near Singapore, Analysts Say. Perle Heads Toward Indian...

Tripartite Reaffirms Support for IMO as Global Regulator

In light of recent developments, the Tripartite participating organisations reaffirmed their support to the International Maritime Organization (IMO) as the global regulator for international...

Russian Oil Tanker Turns Back Under U.S. Sanctions Threat

An Aframax tanker carrying Russian crude to India has reversed course soon after leaving the Russian coast and is currently idling in the Baltic...

Seafarer Happiness Sinks as Pressures Mount Across the Global Fleet

The latest Seafarers Happiness Index (SHI) from The Mission to Seafarers reveal a significant downturn in seafarer wellbeing, raising concerns about worsening working and...

ABS and KRISO Power Up the Future of Marine Energy with...

(HOUSTON) ABS and the Korea Research Institute of Ships & Ocean Engineering (KRISO) signed a memorandum of understanding (MOU) to cooperate on the application...

SOLAS Update: New IMSBC Code Amendments Set to Strengthen Global Bulk...

West of England P&I Club notes that forthcoming amendments to the SOLAS-mandated IMSBC Code (Amendment 08-2) will introduce enhanced requirements for the carriage of...

Russia’s LNG Exports Continue Despite Sanctions, Signaling Maritime Compliance Challenges

Reuters reports that another liquefied natural gas (LNG) carrier has departed from Russia’s Portovaya LNG plant, a facility currently under U.S. sanctions, highlighting the...

China Launches Its First Dual-Fuel Methanol Bunkering Vessel in Zhoushan

Manifold Times reports that China has launched its first dual-fuel methanol bunkering vessel at Zhoushan, marking a notable milestone in the development of alternative-fuel...