VLCC Rates Plummet Across Global Routes, Weakening Tanker Market Sentiment
The LR2 tanker market in the Middle East Gulf (MEG) experienced a downward correction over the past few days, after peaking at the end...
A New Course for Green Shipping: Italy Pioneers Unified LNG and Bio-LNG Bunkering Guidelines
In a significant stride towards maritime decarbonization, Italy has become the first European Union country to issue unified Ship-to-Ship (STS) bunkering guidelines for both...
Isle of Man Ship Registry Issues Revised Shipping Notice on Fire Protection System Maintenance
The Isle of Man Ship Registry has recently issued a new shipping notice, specifically Manx Shipping Notice (MSN) 057 (Revised 05/2025), which outlines the...
Container Report – Week 22: Modest Rate Changes as Asia-Med Shows Growth
The FBX01 (China/East Asia to USA West Coast) rate ended the week at $2,770 per FEU, and FBX03 (China/East Asia to USA East...
Weekly Gas Report – Week 22: LNG Slows Down, LPG Picks Up
LNG rates declined further due to weaker transatlantic demand and vessel oversupply.
LPG rates increased modestly across major routes as vessel availability tightened...
US-China Trade Clash: New Export Limits on Aircraft and Semiconductors Announced
China suspended exports of critical minerals globally but may ease restrictions for certain semiconductor firms.
The US is intensifying visa restrictions on Chinese...
MSC Expands West Africa Service with 24,000 TEU Ultra-Large Vessels
MSC has introduced 24,000 TEU ultra-large container vessels on its Africa Express service, connecting key Asian markets with major West African ports.
The...
IMO Net Zero Framework Highlights Ammonia Dual-Fuel Ships and E-Fuel Uncertainty
Ammonia dual-fuel ships emerge as the most competitive option from the mid-2030s, with potential cost advantages starting as early as 2028 under expected...
[Podcast] Shipping’s Unexpected Role as a Climate Leader a Case for Optimism
As geopolitical tensions grow and economic uncertainty causes hesitation across industries, the temptation to delay decisions and investments is strong.
Yet, amidst the gloom, shipping...
WinGD’s X-S Series Powers Next-Gen Container Vessels For X-Press Feeders
Swiss marine engine developer WinGD has secured an order for two advanced X-S short-stroke engines to power container ships being built for X-Press Feeders...
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APLICATIONS
Ship Laden with Gasoline Diverted! Sign of Things to Come?
Eyes from both the maritime and petroleum industries turned toward the Atlantic Ocean late last week when it was reported a ship loaded with...
