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 from the Novatek-led project have been suspended since October 2024...

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 growth slows dramatically (+100 kbd to 2030), offset by increased...

A new Executive Order from President Trump aims to boost seabed mineral extraction, creating lucrative opportunities for vessel owners and operators. The move addresses critical raw material supply risks by promoting U.S.-led deep-sea...

UWL, a leading American-owned non-vessel operating common carrier (NVOCC), has announced a strategic vessel-operator partnership with Emirates Shipping Line (ESL), based in the United Arab Emirates. This move is set to elevate the capabilities of...

There’s something undeniably enchanting about sailing aboard a tall ship. As Amy Bell reflects in the Financial Times, the magic lies not only in the beauty and historical significance of the vessels but also...

The Ministry of Oceans and Fisheries of Korea has announced the launch of a feasibility study for creating a green shipping route between Korea and Australia. The initiative marks a significant move toward zero-carbon...

American Bureau of Shipping (ABS) has launched the Hellenic Ship Safety Center (HSSC) in Athens, a next-generation training facility that introduces immersive learning techniques such as virtual reality (VR), game-based scenarios, and simulated ship...

In a landmark development for India’s maritime sector, Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, officially inaugurated Sagarmala Finance Corporation Limited (SMFCL) — India’s first dedicated Non-Banking Financial Company (NBFC) in...

A new analysis by Sunday Spotlight (Issue 720) ranks the world’s deep-sea container ports based on schedule reliability, revealing surprising results that challenge traditional assumptions about global port performance. Methodology: Weighting Recency and Volume The study...

Conflict reveals supply impacts now 'taboo' Risk premiums vanish after Iranian response Market fundamentals outweigh short-term uncertainty The hesitation of Iran and Israel to disrupt crude supplies in their recent 12-day conflict – and...