Shipping’s New Net Zero Framework and the Road Ahead
The International Maritime Organization (IMO) has agreed on a Net Zero Framework anchored by a Global Fuel Standard (GFS), aiming to significantly reduce...
Wuhu Shipyard Begins Building 38,000 dwt Tanker for Stolt Tankers
Wuhu Shipyard has begun construction on the first of six 38,000 dwt stainless steel tankers for Stolt Tankers.
The vessels, designed for fuel...
2024–2025 Bulk Carrier Report Reviews Fleet and Regulatory Progress
The bulk carrier fleet continues to grow, with steady vessel performance despite volatility in the Baltic Dry Index.
INTERCARGO-entered ships consistently outperform industry...
Q3 2025 Shipping Outlook Shows Industry Strains from Geopolitical and Economic Pressures
The Q3 2025 Shipping Market Outlook reflects the impact of geopolitical flashpoints, energy sanctions, and economic uncertainty—especially surrounding China—on all major shipping sectors.
...
Seatrium Secures $400M Sustainability-Linked Loan from UOB
Seatrium Financial Services, a subsidiary of Seatrium Limited, has secured a US$400 million Sustainability-Linked Revolving Credit Facility from UOB.
The facility aligns with...
Chinese Shipyards Face Headwinds: Market Share Plummets to 52% as US Port Fees Loom
In this week's "Shipping Number of the Week," BIMCO's Shipping Analysis Manager Filipe Gouveia delves into the evolving landscape of Chinese shipyards' market share...
Decoding Global Oil Dynamics Amidst Geopolitical Tensions
Understanding the dynamics of proven oil reserves, production capacities, and market influences is crucial for comprehending the global energy landscape. While vast reserves signify...
Iran Intensifies Crackdown on Fuel Smuggling, Seizes Foreign Tanker in Gulf of Oman
Iran's judiciary has announced that authorities have seized a foreign vessel in the Gulf of Oman on suspicion of smuggling 2 million liters of...
MACN’s Annual Report Targets Maritime Corruption, Advocating for Fairer Anti-Bribery Standards
The Maritime Anti-Corruption Network (MACN) has released its Annual Report for 2024, highlighting persistent corruption risks within the global maritime industry, with a particular...
Shanghai Port Conducts First Ship-to-Ship Green Methanol Bunkering
Shanghai Port has completed its first ship-to-ship bunkering of green methanol, demonstrating the maturity of China's domestic green fuel supply chain.
The COSCO...
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Virulent Delta Strain: Global Covid-19 Deaths Surpassed 5m
The Delta variant is now the dominant strain around the globe
More than half of the world has yet to receive at least...
