France and Singapore Strengthen Maritime Partnership
New maritime deal boosts cooperation on green shipping and digital ports.
Singapore and France collaborate on maritime decarbonisation and innovation.
Enhanced partnership aims...
Europe Boosts Crude Imports as West African Supply Surges
Dirty Tanker Market Slumps Amid Shorter Oil Routes to Europe.
WTI Loses Ground to African Crude in European Market Shift.
Tanker Sanctions and...
China Builds World’s First Salmon Farming Ship
Su Hai No 1 to Launch in June as China Eyes Seafood Self-Reliance.
Floating Salmon Farm Marks Milestone in China’s Marine Strategy.
China...
IAEA Chief Discusses Nuclear Shipping Future with Greek Shipowners
ATLAS Initiative Brings Nuclear Power to Maritime Sector.
Grossi Meets Greek Leaders to Push Nuclear-Powered Vessels.
IAEA Eyes Greece for Nuclear Shipping Innovation.
Rafael...
Bulk Carrier Closely Avoids Hitting Blue Water Bridge Linking U.S. And Canada
1000-Foot Ship Avoids Collision on St. Clair River.
American Spirit’s Close Call Under U.S.–Canada Bridge.
Great Lakes Freighter Nearly Hits Shoreline Beneath Bridge.
On...
[Podcast] Oil and Shipping Industries Brace for USTR Shift
The proposed 2025 Section 301 actions by the US Trade Representative (USTR) against China’s maritime, logistics, and shipbuilding sectors could reshape merchant shipping trade....
Trump Plans to Double Steel and Aluminum Tariffs to 50%
President Trump announced plans to raise U.S. tariffs on imported steel and aluminum from 25% to 50%, effective June 4, 2025.
Shares of...
U.S. Ethane Exports to China Face New Licensing Roadblock
New U.S. Commerce Department rules require export licenses for ethane shipments to China, revoking previous approvals.
China imported a record 492,000 barrels per...
NCFI: Freight Rates Dip Across Key Routes as Market Softens
The Ningbo Containerised Freight Index (NCFI) for the week ending May 30, 2025, reported the following trends:
Route Highlights
Ningbo to Europe: The index declined...
SAAM Towage Advances with Electric Tugs, Cutting Emissions and Costs
SAAM Towage deployed electric tugs in Vancouver and plans another in Chile.
The company reduced carbon intensity by 72%, targeting a 90% cut.
...
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