The Korea Shipowners’ Association (KSA) said on the 13th that it submitted a petition to POSCO Holdings Chairman Jang In-hwa, asking him to fully withdraw the bid to acquire HMM. …
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Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG (“Salzgitter”), and Oldendorff Carriers (“Oldendorff”) have entered into a long-term agreement to reduce carbon emissions in the maritime transport of iron ore, …
On October 10, 2025, a proposed modification of Annex III in the USTR section 301 on port fee regulations was released. In the proposal, fees concerning most roro carriers was …
The UP World LNG Shipping Index (UPI) fell by 2.86 per cent to 162.11 points, extending its recent losses and approaching a major long-term support zone. The decline mirrored weakness …
The International Maritime Organization will meet this week to formally decide whether to impose a carbon emissions price on global shipping, a move supported by an EU-led bloc including Britain, …
MPC Container Ships (“MPCC” or the “Company”) has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global liner operators …
BAR Technologies today joined calls for the International Maritime Organization (IMO) to formally recognise wind propulsion as a cornerstone of its Net-Zero Framework (NZF), ahead of the MEPC 2nd Extraordinary …
How well is MacGregor positioned in the offshore sector under Triton’s new ownership? MacGregor’s lifecycle-focused strategy is closely aligned with Triton’s commitment to sustainable growth and value creation, and with …
The third quarter of 2025 marked a dramatic reversal for the European container freight market, with spot rates sliding(opens in a new tab) steadily to their lowest levels since late …
DNV is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom. The initiative connects a leading e-methanol producer with industrial offtakers …
At the 17th Annual Capital Link Shipping & Marine Services Forum, held during London International Shipping Week, Windward’s Co-Founder and CEO, Ami Daniel, issued a striking forecast: “In the next …
Baltic hits two-week high after China pledges additional port fees on US ships The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, …
A new-style international forum will be held on 10 and 11 December 2025 in London, England, and will cover the most pressing technical, regulatory and commercial issues in wreck‑removal and …
Rates continue to come under pressure following the recent trend but at a steady pace with the drop slowing. The FBX headline rate is down 2% over the week. FBX01 …
More than 1,000 delegates took part in the international Maritime Cyprus 2025 conference, held in Limassol from October 6 to October 8. The conference focused on how to unlock the …
Shipbuilder Seatrium said Denmark’s Maersk terminated a $475 million contract for a nearly finished offshore wind vessel that was intended to work on a project off the coast of New …
China is positioning itself to take countermeasures against countries that impose restrictions on its vessels, but U.S. operators are expected to see very little impact from any such moves. The …
LNG It has been a quiet week in the LNG market, with activity levels subdued and rates largely trading sideways. Limited fresh enquiry and balanced tonnage availability have kept sentiment …
With U.S. government port fees on Chinese-made freight vessels scheduled to go into effect next week, confusion is widespread among ocean carriers about whether the U.S. Trade Representative rules could …
The United States threatened to use visa restrictions and sanctions to retaliate against nations that vote in favor of a plan put forward by a United Nations agency to reduce …
Entrusted by the Seller, our company (the “Bidding Company “) is scheduled to conduct an online public auction on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 on November 6th, …
On Thursday, the German EMS Group celebrated the name giving ceremony of the EMS Luna, the fifth of a series of up to ten newbuildings. The modern, versatile, and efficient …
Tariffs at Sea: What Freight Forwarders Need to Know For ocean freight forwarders, tariffs are not abstract policy tools. Every new duty or exemption can disrupt sailing schedules, alter customer …
In September, global crude and condensate exports reached near-peak levels of over 45mbd, similar to those seen in April 2020 when the OPEC+ group disagreed on a drastic production cut …
China will slap port fees on U.S.-owned, operated, built, or flagged vessels on Tuesday as a countermeasure to U.S. port fees on China-linked ships starting the same day, China’s transport …
The United States Trade Representative’s office said on Friday it would modify certain maritime-related fees for foreign-built vehicle carriers and liquefied natural gas vessels ahead of port fees on China-linked …
Clean LR2 LR2 freight levels dipped this week in the MEG with reports of low enquiry levels. The TC1 75kt MEG/Japan index dropped from WS118.33 to WS108.06 over the course …
Looming US port tariffs on Chinese-owned or operated vessels have already affected shipping markets and will continue to cause shifts in trading patterns, amid ongoing uncertainties. The US Trade Representative …
The marine shipping industry has always been at a critical juncture, or so every panel and white paper from the past decade has claimed. But for most terminals, pressure isn’t …
Governments at the UN’s International Maritime Organization (IMO) are expected to adopt the world’s first global carbon pricing scheme on any international polluter: global shipping, at the Extraordinary Session of …
Capesize The Capesize market experienced a week of two halves, with steady gains early on followed by a loss of momentum as sentiment turned softer. The BCI 5TC opened at …
ESL Shipping sells m/s Kallio to The Qrill Company AS. Divesting m/s Kallio, taken into use in 2006, helps to speed up the green transition of ESL Shipping and strengthens …
The Cyprus Shipping Chamber (CSC) expresses its strong support for the joint statement by seven leading international maritime associations calling for the urgent adoption of the “Net-Zero Framework” (NZF) at …
Corvus Energy, the world’s leading supplier of energy-storage systems (ESS) for the maritime industry, announced today it has secured a $60 million growth capital injection from a group of blue-chip …
Nuclear energy must be on the table if shipping has any hope of meeting the IMO’s net zero targets by 2050, a panel of industry leaders warned at London International …
MCTC highlights crucial role of food in building seafarers’ mental resilience which is essential to overcomes periods of poor mental health Stress is one of the biggest triggers for seafarers …
North America In Houston, bunker fuel demand for the three conventional grades has slowed from the end of September into October. The port currently reports good availability across all grades, …
This World Mental Health Day, the International Maritime Employers’ Council (IMEC) has announced its plans to launch a dedicated helpline with the International Seafarers’ Welfare and Assistance Network (ISWAN), providing …
Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the quarter ended at $28,921/day, landing at the upper end of the guiding range ($27,500-29,000/day). The CABU fleet achieved TCE earnings …
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Asia’s very low sulphur fuel oil (VLSFO) differential eased further into a deeper discount on Friday, while the 380-cst high sulphur fuel oil (HSFO) were little changed in premiums. Cash …
The United States is moving forward with a plan to collect port fees, putting the onus on ocean carriers to calculate and setting the stage for a showdown with China, …
A tanker carrying liquefied natural gas from Russia’s Arctic LNG 2 project has discharged it at a Chinese port, according to data from analytics firms Kpler and Vortexa, continuing supplies …
Vessels owned or operated by U.S. firms and individuals – or those built in the United States or that fly the U.S. flag – will be charged additional port fees …
Russia turned to G7-linked tankers to increase crude exports in September, despite facing a lower price cap enacted by most Western countries and their allies. S&P Global Commodities at Sea(opens …
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