Russia Use G7 Tankers to Boost Crude Exports, Despite Lower Price Cap

Seaborne Russian crude exports hit 18-month high Greek tankers hold market share after earlier retreats EU identifies 118 tankers breaching price cap Russia turned...

Singapore Bunker Fuel Market Charts 3.5% Annual Growth Path to 2030

The Singapore bunker fuel market is expected to reach $24.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 3.5% from...

Wallenius Sol Signs Up to Gasum FuelEU Maritime Pool

Energy company Gasum and shipping company Wallenius Sol have signed a cooperation agreement under which Wallenius Sol’s dual-fuel vessels will join Gasum’s FuelEU Maritime...

ABB to Power SwitcH2’s Floating Green Ammonia Production Vessel

ABB signs a term sheet agreement to provide automation and electrification solutions for SwitcH2’s green ammonia floating production, storage and offloading (FPSO) vessel. ...

World Container Index Drops to Lowest Level Since January 2024

Container Rates Decline for 17th Consecutive Week. Transpacific Spot Rates Stable Amid China’s Golden Week. Asia-Europe Trade Lane Sees Ninth Straight Weekly Drop. Drewry’s...

ECSA Urges Investment in Seafarer Skills for Green and Digital Transition

Seafarers are Essential for Global Trade and Maritime Resilience. Industry Faces Green and Digital Transformation Challenges. Upskilling and Reskilling Seafarers Becomes Top Priority. The...

Tanker Detained Off Penang for Unauthorized Anchoring

Gasoline-Loaded Vessel Held 14 Nautical Miles Off Penang. Crew Reportedly Uncooperative During Inspection. Investigation Launched Over Anchoring Violations and Obstruction. Malaysian authorities took action...

Geopolitical Shifts Redraw Global Shipping and Energy Trade Routes

US-China Port Fee Dispute Adds New Market Risks. COSCO Faces Heavy Financial Impact from Washington’s Tariffs. Beijing Vows Retaliation Against Discriminatory Measures. Geopolitical changes...

Maritime Industry Rallies Behind IMO’s Net-Zero Framework for Global Decarbonisation

Industry Pledges Full Support for Decarbonisation by 2050. Call for Global Rules to Prevent Costly Patchwork Regulations. Governments Urged to Seize Historic Opportunity...

Future of Navigation: UKHO and Marine AI Train Ships to Understand Real-Time Maritime Data

Marine Insight reports that the UK Hydrographic Office (UKHO) and Marine AI have launched a groundbreaking research initiative — the first of its kind...