India’s Russian Crude Imports Fall on Sanctions but Trade Remains Resilient
Sanctions and EU price-cap rules add logistical inefficiencies.
Shortage of non-sanctioned tonnage is the key bottleneck.
17 additional vessels are needed to restore...
Xeneta: Container Spot Rates Hit 2025 Low as Capacity Surges
Far East–US West Coast spot rates fall to just above USD 2000/FEU, the lowest since late 2023.
US East Coast and Mediterranean trades...
Arrests in Singapore Strait Slash Vessel Robberies
Arrests by Indonesian Marine Police curb Singapore Strait robberies.
79 incidents in the first half of 2025, 11 more in early July before...
MABUX: Global Bunker Prices Under Pressure, LNG Holds Steady
All major MABUX bunker indices posted declines, with 380 HSFO, VLSFO, and MGO nearing key psychological thresholds.
Scrubber spreads narrowed further across key...
Bering Strait Mariners Follow 2018 Shipping Rules Despite Tensions
Study shows strong compliance with IMO-recommended lanes.
Cargo vessels, tugs, and tankers avoid sensitive areas.
Frequent transiting ships show higher rule adherence.
A recent...
U.S. Exports Nearly One-Third of Energy Output in Record-Setting 2024
The U.S. exported 30% of its primary energy production in 2024—overwhelmingly fossil fuels—setting new highs for both production and outbound shipments.
Petroleum exports...
Sanctioned Tankers Push Arctic Oil Exports to 11-Month High on Northern Sea Route
Russia has resumed crude exports to China via the Northern Sea Route (NSR) this summer, with all shipments carried on sanctioned tankers—most lacking...
Cargo Hold Fire Linked to Misdeclared Charcoal Shipment
Incident Overview
A container vessel experienced a fire in one of its cargo holds while underway in the open sea. The incident involved cargo that...
Huzhou to Produce 200 Electric Ships Annually Under Green Shipping Plan
Huzhou City and China Energy Engineering Group are investing RMB 33 billion (US $4.59 billion) to establish a green intelligent shipbuilding base in...
Torogoz Begins Maiden Voyage in Crowley’s Central America Service
Crowley’s fourth Avance Class vessel, Torogoz, has entered service, operating between the U.S. and Central America.
Powered by lower-emission LNG, the ship supports...
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APLICATIONS
Ulstein & JP Morgan Ink Deal For Offshore Wind CSOV Newbuilds
Ulstein Verft is to build two new hybrid construction service operation vessels for the offshore wind industry.
The ULSTEIN XS222 vessels will have...
