July LSFO Ex‑Wharf Premiums Hold Steady, Margins Under Pressure
Fujairah’s low-sulfur fuel oil (LSFO) ex‑wharf premiums have remained largely stable in July, while downstream margins continue to feel the squeeze. This reflects a delicate balance between tightening supply fundamentals and competitive pressure in...
FMC Probes Flags and Chokepoints in Global Shipping Crackdown
FMC probes global flag registries and chokepoints over unfair shipping practices.
Concerns rise over safety, labor, and environmental standards under “flags of convenience.”
Public input sought to guide potential enforcement and policy reforms.
The...
MOL Acquires LBC Tank Terminals for $1.7 Billion
MOL Expands Chemical Logistics with LBC Acquisition.
LBC Deal Adds Tank Storage to MOL’s Portfolio.
MOL Targets Energy Transition with LBC Integration.
On June 30, Mitsui O.S.K. Lines, Ltd. (MOL) shared some exciting news:...
Cleantech Group Urges Action on Green Maritime Transition
$1.5 Trillion Needed for Shipping’s Green Shift
Call to Scale Green Fuels Beyond Pilot Stage
Coalition Pushes EU to Bridge Funding Gaps
With the EU and IMO regulatory frameworks changing and Denmark taking the...
Two Crew Members Charged Over Fatal Maritime Collision Near Singapore
Maritime Charges Filed After Deadly Vessel Crash.
Navigational Failures Blamed in Sea Collision Death.
Lookout and Officer Charged After Maritime Incident.
Two crew members have been charged under Singapore’s Merchant Shipping Act following a...
Maersk Estimates Effective US Tariffs Average 21% Currently
Tariffs Down from 54% Peak After Trump’s April Freeze.
July 9 Deadline Drives Global Rush to Avoid Tariff Hike.
Maersk Reports Strong Container Demand Amid Uncertainty.
Maersk, the Danish shipping powerhouse, has revealed that...
Shadow Fleet Expands as Sanctions Fail to Halt Oil Trade
Iran and Russia Expand Sanctions-Busting Fleet.
Shadow Ships Use GPS Spoofing and Fake Papers.
Experts Warn of Impending Maritime Disaster.
The shadow fleet—a collection of tanker ships operated by countries under sanctions, like Iran...
Lessons Learned: Worker Injury Reveals Gaps in Confined Space Risk Assessment
An incident reported by IMCA involved a worker sustaining a back injury during confined space operations on board a vessel. The incident highlights access and egress challenges related to structural design during maintenance tasks.
What...
GTT Secures Cryogenic Tank Contract for Six LNG-Fueled Vessels
GTT received an order from HD KSOE to design cryogenic tanks for six LNG-fueled container ships for Capital.
Each vessel will be fitted with an 8,000 m³ tank using GTT’s Mark III Flex...
Quad Nations Deepen Maritime Security Cooperation with Inaugural Joint Observer Mission
In a significant step to bolster maritime security and cooperation in the Indo-Pacific region, the Coast Guards of the Quad nations – comprising India, the United States, Japan, and Australia – have jointly launched...