K Shipbuilding Wins Contract for Pair of 50,000 DWT MR Tankers
Dry bulk shipowner SteelShips has returned to South Korea’s medium-sized shipyard K Shipbuilding to order two 50,000 DWT MR product tankers, which are expected...
Explosion Rocks Vessel Carrying Aid to Gaza Off Malta Coast
Explosion hits aid vessel off Malta, fire breaks out at sea.
All crew and passengers are safe after the mayday and firefighting response.
...
ABS Highlights Smart Fuel Decisions for New Vessels
ABS releases detailed guide for dual-fuel propulsion in newbuild vessels.
Report covers LNG, methanol, and ammonia-based fuel combinations.
ABS highlights key factors for...
Blank Sailings Surge Amid Ongoing Container Market Volatility
68 sailings cancelled across major East–West trade lanes between weeks 19 and 23, reflecting a 10% cancellation rate out of 698 scheduled.
Most...
Financial Assurance and Penalties Outlined in Guyana’s New Oil Spill Bill
Guyana's burgeoning oil and gas sector. The government has indeed presented an oil pollution bill to its Parliament, with the explicit aim of holding...
Orient Overseas to Add 14 Vessels to Fleet by 2029 in Multi-Billion Dollar Deal
On April 29th, 2025, Hong Kong-listed Orient Overseas (International) (0316.HK) announced that its subsidiaries have placed orders for the construction of a significant number...
Trade Route Adjustments and Supply Chain Issues Plague Tank Containers Post-Tariffs
The introduction of "reciprocal tariffs" by the Trump administration in April 2025 has had a significant and far-reaching impact on international trade and transport,...
Asia Container Market Heats Up: Drewry’s IACI Shows Significant Gains
Drewry's Intra-Asia Container Index (IACI), which tracks the average spot freight rates for containers within Asia, saw a 6% increase over the two weeks...
Gulf Coast Ports Report Increased Cargo Volumes in March After February Slump
Houston and New Orleans saw increased volumes of container and breakbulk cargo in March, while Corpus Christi, Texas, continued to experience strong demand for...
Molgas Energy Completes Landmark Bio-LNG Bunkering Operation in Spain
Molgas Energy Group's successful completion of its first bio-LNG bunkering operation in Spain is a significant step forward in the country's efforts to decarbonize...
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APLICATIONS
Sellers Wait For Bulker Jump
Dry bulk freight rates are on a summer charge with capes hitting $25,000 a day, panamaxes above $21,000 and supramaxes closing in on $20,000,...
