Global Bunker Prices Fall and Scrubber Spread Narrows in Volatile Market
Global bunker fuel indices showed a moderate decline in Week 29, while price spreads and market differentials indicated continued market volatility and an absence of a clear directional trend.
EU gas storage policy...
Lessons Learned: Shallow Waters and Tug Constraints Complicate Vessel Berthing
This incident, reported by The Nautical Institute, involved a cargo vessel making a berthing approach in a challenging location. The event highlights the operational risks associated with restricted tug operations and limited manoeuvring space...
Vigor–Saronic Partnership Targets Scalable Development of Maritime Autonomous Capabilities
Vigor and Saronic have partnered to accelerate the development and delivery of Autonomous Surface Vessels (ASVs) for defense and commercial use.
The collaboration combines Saronic’s expertise in autonomy and rapid production with Vigor’s...
EU’s Sustainable Transport Investment Plan Must Support Shipping’s Net-Zero Transition
The Clean Maritime Fuels Platform supports the IMO’s Net-Zero Framework and urges the EU to align its climate policies accordingly.
It calls for the upcoming Sustainable Transport Investment Plan (STIP) to include targeted...
Shipping’s New Net Zero Framework and the Road Ahead
The International Maritime Organization (IMO) has agreed on a Net Zero Framework anchored by a Global Fuel Standard (GFS), aiming to significantly reduce greenhouse gas emissions from the global shipping industry.
A mix...
Wuhu Shipyard Begins Building 38,000 dwt Tanker for Stolt Tankers
Wuhu Shipyard has begun construction on the first of six 38,000 dwt stainless steel tankers for Stolt Tankers.
The vessels, designed for fuel efficiency and future conversion to battery or methanol propulsion, are...
2024–2025 Bulk Carrier Report Reviews Fleet and Regulatory Progress
The bulk carrier fleet continues to grow, with steady vessel performance despite volatility in the Baltic Dry Index.
INTERCARGO-entered ships consistently outperform industry averages in safety, detention, and inspection metrics.
Casualty and injury...
Q3 2025 Shipping Outlook Shows Industry Strains from Geopolitical and Economic Pressures
The Q3 2025 Shipping Market Outlook reflects the impact of geopolitical flashpoints, energy sanctions, and economic uncertainty—especially surrounding China—on all major shipping sectors.
Tankers face volatile trade patterns and long-haul rerouting, while Bulkers...
Seatrium Secures $400M Sustainability-Linked Loan from UOB
Seatrium Financial Services, a subsidiary of Seatrium Limited, has secured a US$400 million Sustainability-Linked Revolving Credit Facility from UOB.
The facility aligns with Seatrium’s Sustainable Finance Framework and aims to enhance liquidity while...
Chinese Shipyards Face Headwinds: Market Share Plummets to 52% as US Port Fees Loom
In this week's "Shipping Number of the Week," BIMCO's Shipping Analysis Manager Filipe Gouveia delves into the evolving landscape of Chinese shipyards' market share in global newbuilding orders.
Decline in China's Newbuilding Contracting Share
According to...