Supertanker Rates Surge After US Sanctions on Russian Oil Firms

Middle East-to-China Route Hits Highest Levels Since Early 2023. Sanctions on Rosneft and Lukoil Spur Market Reactions. Indian and Chinese Refiners Seek Alternatives...

Aging Tankers and Sanctioned Ships Crowd Russia’s Arctic Route

Non-Ice-Class Ships Granted Passage Under Rosatom’s Control. Over 1,300 Permits Issued in 2024, Including to Sanctioned Tankers. Western-Owned LNG Ships Continue Operating in...

Chinese Tanker Linked to Sanctioned Russian LNG Transfer

Satellite Images Show Possible Ship-to-Ship Fuel Exchange Off Malaysia. Pacific Gas Denies Ownership, Cites Compliance with Sanctions. Transfer Raises Questions Over China’s Role...

Indian Navy Leads Humanitarian Effort Following Tanker Fire

The Indian Navy led a major firefighting and rescue operation after an explosion and fire onboard an LPG carrier in the Gulf of...

HD Hyundai Shipbuilders Secure Approval for December Merger

Shareholders of HD Hyundai Heavy Industries and HD Hyundai Mipo approved their merger, clearing the way for a December 1 launch. The merger...

Ningbo Containerised Freight Index Rises Amid Stronger Middle East Demand

Freight rates out of Ningbo recorded moderate gains this week, led by robust demand on Middle East routes, according to the latest Ningbo Containerised...

Sea Legend Completes First Journey via Northern Sea Route

Sea Legend has successfully completed its first voyage from China to Northern Europe via the Northern Sea Route (NSR), reports Container News. The 4,900 TEU...

MIT Sets New Safety Standard for Nuclear-Powered Ships with Groundbreaking Handbook

The MIT Maritime Consortium has introduced the Nuclear Ship Safety Handbook to guide the safe design and operation of future nuclear-powered commercial vessels. ...

WAKASHIO MARU Set to Advance Marine Training and Disaster Response Capabilities

Mitsubishi Shipbuilding launched WAKASHIO MARU, a new training ship for the National Institute of Technology, Toyama College. The vessel will provide hands-on training...

Global Shipping Giants Rush to Reflag Vessels Under the Indian Flag

Major international shipping lines, including Maersk, CMA CGM, and MSC, are increasingly re-registering vessels under the Indian flag, reflecting confidence in India’s maritime...