VLCC and Suezmax Rates Fall Despite Strong Daily Earnings

This week shows a general fall in the VLCC and Suezmax sectors, while the Aframax sector experienced gains in most routes. VLCC Market The Very Large...

[Podcast] Maritime Industry Faces Unprecedented Shift to Meet Net-Zero Emissions Target

The maritime and shipping industry, a vital component of global trade and a significant contributor to global greenhouse gas emissions, is facing mounting pressure...

Delfin Midstream Awards Samsung Heavy Industries Exclusive Contract For First FLNG...

Delfin Midstream Inc. (Delfin) has announced the signing of a Letter of Award (LOA) with Samsung Heavy Industries (SHI), appointing the South Korean shipbuilder...

Hydrogen-Fueled Tanker KIKOU MARU Earns Top “S” Rating In Japan’s Zero-Emission...

In a landmark achievement for sustainable shipping, the hydrogen-fueled oil tanker KIKOU MARU has received the highest “S” rating under the Zero-Emission Accelerating Ship...

Global Trade Faces New Fractures Amid Geopolitical Tensions

Despite widespread claims that globalization is in decline, recent analysis by Neil Shearing, Chief Economist at Capital Economics, suggests otherwise. While the structure of...

BlastOne Partners With Seaspan Shipyards To Build State-of-the-Art Blast And Paint...

BlastOne International has announced a strategic partnership with Seaspan Shipyards to develop an advanced blast and paint facility as part of Canada’s ongoing National...

IACS Updates Position Papers On Key Maritime Safety And Sustainability Issues

The International Association of Classification Societies (IACS) has released updated “Position Papers” addressing a wide range of critical maritime industry topics. These papers outline...

China Classification Society Releases 2025 Report On Sustainable Shipping Fuel Development

As the global shipping industry intensifies efforts to reach net-zero emissions, sustainable fuels have emerged as a crucial pathway to meet decarbonization targets. In...

Samsung Opens Vietnam Shipyard with Historic Zodiac Maritime Deal

In a significant milestone for the maritime industry, UK-based Zodiac Maritime has become the first client of Samsung Heavy Industries’ newly acquired shipyard in...

The Day After the Delay: Negotiations Resume on the Net-Zero Framework

The International Maritime Organization (IMO) continued negotiating on key policy details in the Net-Zero Framework (NZF), at the working group talks (ISWG-GHG20) on 20-24...