LNG and LPG Markets Record Further Softening in Week 39

LNG spot rates declined across all major routes, with the steepest drop on the US Gulf–Japan corridor. Time charter levels also moved lower,...

SSI Sets Clear Pathways for Shipping to Support Ocean Sustainability

SSI has launched the Marine Biodiversity & Ocean Health (MBOH) Guidebook to integrate biodiversity protection with decarbonization. The guidebook sets biodiversity impact reduction...

Shipowners’ Club Issues Advisory on Sanctions and Security in Yemen

Sanctions risks remain high when trading with Ansarallah-controlled entities or ports, particularly involving petroleum products. Vessel operators are urged to apply enhanced due...

Everllence Achieves Breakthrough with Ethanol-Fuelled Two-Stroke Engine

Everllence successfully operated a 90-bore ME-LGIM engine on ethanol at all load points in Japan. The achievement expands the company’s proven methanol-burning engine...

Italian Coast Guard Detains High-Risk Bulk Carrier in Naples

The Italian Coast Guard in the port of Naples detained a Belize-flagged bulk carrier on September 22 following an extensive inspection that uncovered a...

Regional Tensions Escalate: Israeli Strike on Commercial Vessel in Yemen

Pakistan's Interior Minister Mohsin Naqvi said on Saturday that an Israeli drone attacked a petroleum gas (LPG) tanker at Yemen's Ras al-Esa port on...

Panamax Market Firms in Asia While Atlantic Shows Nervous Start

The Capesize market retained an overall firmer tone through the week, though momentum eased into the close. Capesize Market Overview The Capesize market maintained a firmer...

VLCC Rates Hold Steady Despite US Gulf Export Drop

This week, the Very Large Crude Carrier (VLCC) markets were particularly noteworthy in the industry press, with other crude tanker segments seeing a mix...

Shipping Industry Urged to Address Violations of Container Stack Limits

The Australian Maritime Safety Authority (AMSA) has issued a safety bulletin to address the ongoing problem of improperly secured cargo contributing to container losses...

North Star Awards Recognize NWSA Partners for Growth, Service, and Sustainability

The Northwest Seaport Alliance (NWSA) has announced the winners of its expanded 2025 North Star Awards, recognizing outstanding contributions across the gateway's supply chain,...