Lawmakers Push to Slash LNG Bunkering Red Tape with New Bill
U.S. Representatives Laurel Lee of Florida and August Pfluger of Texas have introduced the Cutting LNG Bunkering Red Tape Act, aiming to simplify the...
Hanwha-Filial Shipyard Faces Losses as Korea–U.S. Cooperation Grows
Hanwha Group’s bold move to acquire Philly Shipyard in the U.S. for $100 million (approx. 143.1 billion won) is off to a rocky start...
Russian and Ukrainian Seafarers Continue to Struggle with Psychiatric Fallout of War
Ukrainian Crew First Affected, Russian Cases Now Rising.
Stress Triggers Acute Psychological Symptoms at Sea.
Psychotic Episodes Linked to Stress, Not Chronic Illness.
The...
LNG Shipping Faces Oversupply Through 2026, Rates to Stay Weak
Fleet Expansion Continues with Nearly 275 LNGCs Delivering by 2027.
Liquefaction Projects to Absorb Surplus, Boost Demand Post-2027.
150–250 New LNGCs Needed by...
New U.S. Tariff Deals May Ease Uncertainty but Keep Costs Elevated
U.S. secures new trade deals with the EU, Japan, Vietnam, and Indonesia, setting tariffs mostly between 15–20%, bringing more certainty for importers.
Transatlantic...
IMO Bans PFOS in Firefighting Media from 2026
SOLAS and HSC Code Amendments Prohibit PFOS Use.
New Rules Apply to All Ships from 1 January 2026.
Disposal of PFOS Media Must...
[Watch] London P&I Club Warns of P&I Cover Risks from Improper FIBC Handling
The London P&I Club has released a training video featuring the fictional MV Calm Sea to highlight risks in handling flexible intermediate bulk...
Tanker Shipping Financial Outlook and Market Drivers – July 2025
Tanker spot rates and stock prices remain volatile due to ongoing geopolitical tensions.
Middle East developments are expected to boost tanker companies’ Q2...
US Puts New Sanctions on Iran’s Shipping and Oil Trade
U.S. sanctions target over 115 Iran-linked individuals, entities, and vessels, marking the most significant action since 2018.
Measures focus on the shipping network...
Fujairah Oil Inventories Drop 17% to Two-Month Low
Refined Product Stocks at Fujairah Fall Across All Categories.
Fujairah Fuel Oil Exports Hit Five-Month High in July.
Naphtha Leads Non-Fuel Oil Exports...
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