Global Shipping News

ClassNK has granted approval in principle (AiP) for a new design concept regarding a retrofitted Kamsarmax bulk carrier, which is…

Mitsui O.S.K. Lines, Ltd. has successfully completed its first biofuel bunkering on the capesize bulk carrier, MIDNIGHT DREAM. The operation…

The Asia fuel oil market experienced stable spot benchmarks as of Friday, with trade remaining thin. Despite the lack of…

This week’s New ConTex Index illustrates a consistently stable market environment, with only minor fluctuations observed across various segments. The…

The shipping industry stands at a critical juncture as the International Maritime Organization (IMO) steers it towards a sustainable future…

The ship recycling market experienced a period of relative calm this week, as activities decreased in various important locations due…

Proposed shipping fees in the US targeted at Chinese maritime operators could significantly alter the landscape of the global liquefied…

The ongoing discussions about greenhouse gas (GHG) emissions in the maritime sector have reached a pivotal point, as highlighted by…

Since the beginning of 2025, the EU’s crude oil imports have shown a noticeable decline. According to Banchero Costa, exports…

The optimal response of the Federal Reserve to the new tariffs initiated by the Trump administration seems to be to…