Hafnia Acquires 13.97% of TORM’s Issued Share Capital
Hafnia Limited has completed its acquisition of approximately 14.1 million A shares in TORM plc, following the fulfilment of all conditions precedent under a previously announced share purchase agreement with Oaktree Capital Management, L.P....
NGO Shipbreaking Platform Calls on EU to Tighten Ship Recycling Standards
Indian Beaching Yards Remain Excluded From EU Recycling List.
Safety and Environmental Concerns Persist at EU-Approved Facilities.
Call for Greater EU Investment in Green Ship Recycling Capacity.
The NGO Shipbreaking Platform is calling on...
Port of Oakland Handles 174,239 TEUs in November as Export Volumes Strengthen
The Port of Oakland moved 174,239 twenty-foot equivalent units (TEUs) in November 2025. Overall volumes declined compared with last year and the previous month. However, export performance remained a clear bright spot.
Total container traffic...
US Highlights Maritime Partnership With Greece at Amver Awards in Athens
Record Number of Greek Vessels Join US Coast Guard Programme.
Ambassador Calls Amver a Floating Neighbourhood Watch System.
Greek Ships Honoured for 2025 Rescue Operations.
The US emphasised the significance of its maritime partnership...
Russian Crude Builds Up at Sea as Asian Ports Face Tanker Congestion
Russian crude exports have climbed to their strongest levels in more than two years. However, port congestion across Asia has slowed deliveries. As a result, a growing volume of oil now sits offshore on...
Ensuring Occupational Safety and Health Onboard: Key Compliance Priorities for Ship Operators
A recent circular issued by the maritime administration of St. Vincent and the Grenadines reinforces the responsibility of ship operators to safeguard occupational safety and health onboard. It highlights the need to provide seafarers...
IMDG Code Amendment 42-24 Becomes Mandatory in 2026
TT Club Updates Book it Right and Pack it Tight Guide.
Major Changes Cover Batteries and Packing Rules.
New TT Briefs Focus on Hazardous Cargo Risks.
The latest update to the International Maritime Dangerous...
Asia’s HSFO Market in 2026: Bunker Demand Offers Support, but Supply Caps Upside
According to the S&P Global, Asia’s high sulfur fuel oil (HSFO) market is likely to receive moderate support next year, mainly from sustained bunker demand. However, abundant supply flows and rising competition from cleaner...
PDVSA Uses Tankers as Floating Storage as Export Bottlenecks Tighten
Venezuela’s state oil company has shifted part of its export strategy by loading crude and fuel oil onto tankers for offshore storage, as export flows slow following increased vessel interceptions linked to sanctions enforcement.
Rising...
Russia Receives First Homebuilt Ice-Class LNG Tanker From Zvezda
Zvezda Shipyard to Hand Over Two More Ice-Class LNG Vessels Next Year.
New Tanker Set to Serve Sanctioned Arctic LNG 2 Project.
Novatek Plans Fleet of 21 Arc7 Ice-Class LNG Tankers.
Russia's top tanker...