New Asset Freezes and Export Controls Target Russia as Japan Adjusts Oil Cap
Japan has lowered its price cap on Russian crude oil to $47.60 per barrel, aligning with a similar move by the European Union. This...
Lessons Learned: Cargo Quality Issues on Bulk Carrier During Wheat Transport
A supramax bulk carrier transporting wheat for human consumption from a European port to a Middle Eastern port experienced cargo quality issues upon discharge....
Container Shipping Week 37: Trade Lane Performance and Market Developments
Container freight rates steadied in mid-September, supported by carriers’ blank sailings and reduced services.
CMA CGM confirmed it will not add a surcharge...
Gas Market Report Week 37: Baltic Exchange Update
LNG rates eased across key routes, with muted demand and steady vessel supply keeping the market subdued.
BLNG2 US Gulf–Continent and BLNG3 US...
Gains Across Major Segments Amid Regional Variations
The dry bulk market experienced a generally positive week across most vessel segments, with sentiment remaining firm despite regional variations. While some basins showed...
China’s Beihai Terminal Sees Fourth Sanctioned Russian LNG Vessel Amid US Warnings
The flow of Russian LNG into China continues despite mounting US sanctions. On September 12, the Buran became the fourth sanctioned Russian carrier to...
Valenciaport Advances EU-Funded Project To Strengthen Border Security
Valenciaport announced progress in its European Union-backed initiative to improve border security at the ports of Valencia and Sagunto. With 75% of the €589,825...
HII Scales Industrial Base with Charleston Operations and Strategic Partnerships
HII expands beyond Newport News with new Charleston Operations in South Carolina to build submarine modules and aircraft carrier units.
Ingalls Shipbuilding partners...
Product Tanker Contracting Hits Nine-Year Low Amid Fleet Renewal Pressures
Between January and August 2025, product tanker newbuilding contracting plummeted by 86% year-on-year to just 2.6 million deadweight tonnes (DWT), marking the lowest level...
Zelim Backs India’s Push for Smarter Shipboard Monitoring
India has mandated the installation of CCTV on all Indian-flagged vessels of 500 gross tons or more by 2028, with recommendations for foreign...
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APLICATIONS
Damen Buys Ship Repair Robots for Yard in Dunkirk
Damen Shiprepair Dunkerque has signed a contract with AMBPR for the supply of five Autonomous Mobile Blast & Paint Robots.
The robots are...
