HD KSOE Wins $466m Order for Four Container Ships
HD KSOE secured a $466 million order for four container vessels
Ships will be built at HD Hyundai Samho and delivered by H2 2028
Orderbook now stands at 96% of the company’s 2025...
PIL Joins MACS To Strengthen The Fight Against Ocean Plastic Pollution
Pacific International Lines (PIL) has joined the Maritime Association for Clean Seas (MACS) as a founding member, reinforcing its commitment to reducing ocean plastic pollution and operational waste. Through this partnership, PIL aims to...
Tanker Markets End the Year on a Mixed Note
Dirty markets stayed firm, led by strong crude demand and long-haul trades
Clean markets were active but showed softer momentum toward year-end
Holiday slowdown is starting to shape near-term fixing behaviour
Dirty tanker markets...
How a Sanctioned Tanker Exposes Gaps in EU Sanctions
The journey of the 58,000-ton oil tanker highlights both the reach and the limitations of the European Union’s sanctions regime targeting Russia’s shadow fleet. Added to the EU sanctions list in July, the ageing...
Mikki Koskinen Elected as Next European Shipowners | ECSA President
European Shipowners | ECSA has announced a new leadership line-up, with Mikki Koskinen of Finland elected as its next President, effective 1 January 2026, for a two-year term. He will be joined by Nikolas...
Tanker Markets Mixed as VLCCs Slide and Atlantic Gains Continue
LRs and VLCCs softened, while Suezmax and parts of Aframax firmed
MRs showed mixed signals, with MEG stronger but Atlantic still under pressure
Regional fundamentals continue to drive diverging rate performance
LR2 freight in...
Diverging Trends Shape the Dry Bulk Market This Week
Capesize showed early strength but eased toward week’s end
Panamax remained under steady pressure across all basins
Smaller sizes softened amid thin demand and excess tonnage
The Capesize market opened the week on a...
Clean Arctic Alliance Backs IMO Proposal To Cut Black Carbon Emissions In The Arctic
The Clean Arctic Alliance has welcomed a new proposal submitted to the International Maritime Organization (IMO) that seeks to reduce the harmful impact of black carbon emissions from international shipping in the Arctic. Submitted...
IACS Updates Welding Rules To Align With Global Standards And Enhance Safety
The International Association of Classification Societies (IACS) has released revised welding rules for marine and offshore structures, updating its Unified Requirements (UR) W11, W16, and W28. These revisions aim to harmonise high heat input...
Container Volumes Decline In November 2025 Despite Month-on-Month Recovery
Total container volumes in November 2025 reflected ongoing pressure from tariffs and elevated retail inventories, despite a modest month-on-month improvement. While international trade remained subdued, operational reliability gained recognition as carriers demonstrated improved schedule...