UK Maritime Sector At A Crossroads Promises, Pitfalls, And The Path Ahead
London International Shipping Week highlighted both optimism and caution for the UK’s maritime future. While London remains among the top five global maritime hubs,...
USTR Section 301 Set to Reshape Tanker Trade and Freight Rates
VLCC rates firm in AG market, WS105 for AG/China, WS58 for AG/USG.
Eastbound Suezmaxes strengthen; owners push over 140 x WS65.
Aframax market...
China-US Exports Drop as Container Rates Fluctuate
Fourth round of trade talks held in Madrid.
FBX01 (China to US West Coast) dips to $1,728, now $2,295.
FBX03 (China to US...
ZIM Board Resists Glickman-Ungar Buyout Bid
The proposed offer is seen as below the board’s valuation expectations.
ZIM holds $2.8bn in cash but faces $5.7bn in liabilities.
Evercore hired...
NYK to Expand LNG Tanker Fleet 50% by 2029
CEO cites rising decarbonization-driven demand for LNG.
Global LNG consumption forecast to rise 60% by 2040.
Industry set to require over 240 new...
US-UK Pact Sparks New Nuclear Era in Shipping
Civil nuclear enters mainstream shipping agenda.
DP World unveils £80m micro-nuclear project at London Gateway.
Deal accelerates licensing for Small Modular Reactors.
A new...
IMO Charts the Course for Resilient, Decarbonized Shipping at LISW25
The International Maritime Organization (IMO) convened over 700 senior maritime leaders at the IMO Headline Conference during London International Shipping Week (LISW25) to explore...
Trump Administration Approves Russian LNG Exports to China
In a strategic move to bolster global energy trade, the Trump administration has authorized the export of liquefied natural gas (LNG) from the United...
Hanwha Unveils Full-Spectrum Vessel Solutions at Gastech 2025
At Gastech 2025 in Milan, Hanwha showcased a comprehensive suite of vessel lifecycle solutions designed to help shipowners navigate regulatory challenges and transition toward...
Major Bunker Hubs See 3.9% Year-on-Year Growth in Q2
In the second quarter of 2025, major marine fuel (bunker) hubs recorded a 3.9% increase in demand compared with Q2 2024, reports Sea and...
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APLICATIONS
Korean Shipbuilders Dominate VLAC Orders
In a significant industry development, Korean shipbuilders have successfully secured all 15 orders for VLACs placed globally this year.
This achievement underscores their technological prowess...
