RINA Acquires Finnish Marine Engineering Firm Foreship
Acquisition Expands RINA’s Presence in Northern Europe.
Foreship Adds Cruise Design and Sustainability Expertise.
€15.2M Revenue Firm Brings 90+ Professionals Across 8 Offices.
RINA,...
Veson Warns of Structural Shift in Dry Bulk Fleet
Young Dry Bulk Tonnage to Drop 22% by 2028.
Fleet Splits Between Modern and Ageing Vessels.
Older Ships Face Costly Upgrades or Trade...
Tanker Collision Near Hormuz Sparks Environmental Fears
Greenpeace Warns of 3,700-Acre Oil Spill in Gulf of Oman.
Ageing Russian ‘Shadow Fleet’ Tanker Involved in Crash.
NASA Confirms Fire Through Satellite...
MABUX: Bunker Fuel Prices Jump as Geopolitical Risks Intensify
Bunker fuel indices rose sharply in Week 25.
Scrubber spread narrowed further, keeping VLSFO economically favorable.
EU adjusts gas storage targets to boost...
X-Press Feeders and COSCO SHIPPING Lines Form Alliance to Improve Feeder Services and Sustainability
X-Press Feeders and COSCO SHIPPING Lines have signed two agreements to expand network coverage and improve service reliability.
The partnership includes feeder service...
Straits of Malacca and Singapore Remain Area of Concern for Armed Robbery
The ReCAAP ISC (Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia) has reported four incidents of armed robbery against...
JMIC Updates on Heightened Security and Electronic Disruptions in Key Waterways
The Joint Maritime Information Center (JMIC) has indeed issued an advisory, Update 005 (and subsequent updates), on June 16, 2025, outlining the heightened maritime...
Middle East Tensions Threaten 21% of Global LNG Supply via Strait of Hormuz
The escalating conflict between Iran and Israel has indeed brought the Strait of Hormuz back into sharp focus, with significant implications for the global...
Geopolitical Spillover: Assessing the Impact of Iran-Israel Tensions on the Tanker Shipping Industry
The escalating tensions between Iran and Israel, culminating in recent military exchanges, present a significant threat to global energy markets, particularly given the strategic...
Canada’s Port of Nanaimo Achieves Landmark Inaugural LNG Bunkering
Canada's Port of Nanaimo has officially marked a significant milestone in its journey towards greener maritime operations by completing its first-ever LNG (Liquefied Natural...
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APLICATIONS
Capesize Rates Weaken Despite Early Signs Of Strength
The Capesize market had a volatile week, starting strong and then weakening. Early on, there were positive signs in both the Pacific and Atlantic...
