EU Moves to Permanently End Russian Gas and Oil Imports by 2027

The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional...

Maersk Pushes Decarbonisation Frontier with 50/50 Ethanol-Methanol Blend Trial

Maersk to trial 50/50 ethanol-methanol blend on the vessel Laura Mærsk Initial E10 test confirmed safe integration and strong performance Ethanol offers another...

India Moves Closer to Arctic Access Under New RELOS Pact With Russia

A logistics support agreement ratified in Moscow opens the door for Indian naval and commercial vessels to access Arctic ports. The pact supports...

Major Newbuild Programme Launched Amid Strong Shipping Demand

A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships. This newbuild programme...

Air Lubrication Systems Selected for Nine New RoPax Newbuilds

  Nine new RoPax vessels being built in China will be fitted with air lubrication technology. The order marks the largest RoPax installation programme...

Global Shipping Faces Sanctions Pressure as Markets Look Toward a 2026 Rebalancing

Break Wave Advisors reports that the global shipping market is closing 2025 under a heavy mix of geopolitical strain, shifting trade flows, and regulatory...

IOPC Funds Meeting Sets New Priorities for Safety and Compensation Rules

The International Oil Pollution Compensation (IOPC) Funds opened its latest session in London with several important discussions about maritime safety and global compensation rules....

Container Shipping Market Shows Mixed Signals as Weekly Rates Shift Across Key Trades

Xeneta reports that the global ocean container market continued to move unevenly in early December, with spot rates and offered capacity shifting in different...

Global Bunker Markets Hold Mixed Signals as Week 49 Closes

Marine Bunker Exchange (MABUX) reports that global bunker prices moved without a clear direction in Week 49. Some fuel grades posted modest gains, while...

Romania Neutralizes Maritime Drone as Black Sea Security Tensions Rise

Reuters reports that Romania destroyed a maritime drone in the Black Sea on Dec. 3 after it was judged to be a direct threat...