G7’s Potential Oil Price Cap Exit Could Reshape Russian Crude Flows and Global Tanker...
Last week news broke that the G7 group of countries were considering removing the oil price cap, which was first implemented at the end...
ABS Consulting Releases New Guidance to Help Operators Meet USCG Maritime Cyber Training Deadline
ABS Consulting has published a new paper to support vessel and facility operators preparing to meet the US Coast Guard’s Maritime Cyber Rule approaching...
LNG Spot Rates Ease After Two-Month Rally as LPG Market Shows East–West Divergence
The LNG market softened this week, with rates easing across all major routes after the strong gains of the past two months, driven largely...
Heidelberg Materials Launches Methanol-Powered Cement Carrier
Heidelberg Materials Northern Europe, in partnership with the Hartmann Group and the Norwegian NOx Fund, on Thursday (11 December) announced the launch of a...
Tanker Markets Hold Firm in Week 50 Despite Pressure on Clean Segments
LR2
LR2 rates in the Middle East Gulf were largely unchanged this week. The TC1 MEG–Japan index held steady around WS155, keeping TCEs in the...
Qingdao Port Halts Rizhao Terminal Deal After US Sanctions Move
Qingdao Port has scrapped its planned acquisition of two Rizhao oil terminal companies.
The decision follows Rizhao Shihua’s inclusion on the US SDN...
Bulk Market Slips Further as Week 50 Closes on a Softer Note
Capesize rates corrected sharply, with losses across both Atlantic and Pacific basins.
Panamax and Ultramax segments stayed under pressure despite brief regional support.
...
World’s Longest Train Journey Opens After New China–Laos Rail Link
A newly opened rail link between China and Laos has enabled the longest continuous train journey ever recorded.
The route spans 11,650 miles,...
Global Vessel Cascading Enters A New Phase As Secondary Trade Lanes Absorb Excess Capacity
The latest Sea-Intelligence Sunday Spotlight (Issue 744) reveals a significant shift in global container vessel deployment patterns. An analysis of more than 16,000 vessel...
South Korea Launches First State-Owned All-Electric Ferry At Busan Port
South Korea has marked a major milestone in maritime decarbonisation with the launch of its first state-owned all-electric ferry by Busan Port Authority (BPA)....
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