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Latest maritime news.
New OSPAR Restrictions on Scrubbers in Ports: Rush to Judgment
Latest Maritime News
Keeping you in the know.
New OSPAR Restrictions on Scrubbers in Ports: Rush to Judgment
02 Jul, 2025
Last week’s OSPAR decision to restrict the use of Exhaust Gas Cleaning Systems(“scrubbers”) in the North Atlantic ports and inland waters of the Contracting Parties (member states) in OSPAR, projected to start in 2027, has created a questionable precedent. Most (not all) of the Environmental Ministers present agreed to creating what is in fact a ...
East of Suez Fuel Availability Outlook
01 Jul, 2025
Singapore and Malaysia In Singapore, VLSFO lead times remain highly variable despite weak demand. Some suppliers are quoting as little as six days, while others advise booking up to two weeks in advance due to long-term nominations, which are typically contract-based stems that take priority over spot demand. However, this marks a slight improvement from ...
What’s Behind The Resilience of Our Container Shipping Ratings Amid Trade And Tariff Disruptions?
02 Jul, 2025
Ratings on container shipping companies may show resiliency despite trade tensions continuing to disrupt global freight, trade patterns, and supply chains. S&P Global Ratings anticipates that the container liners and containership tonnage providers we rate will sustain credit metrics within our rating thresholds, even in the face of heightened volatility. Our rated container liners are ...
Voyage estimating made even easier with latest expansion of Baltic Exchange’s bunker report
02 Jul, 2025
From owners and operators to charterers and brokers, the need to make critical data-driven decisions when it comes to time charter equivalent (TCE) calculations is vital to maximise a vessel’s potential earnings. This is the case for vessels on either the spot or futures market as expenses related to port fees, insurance and crew costs ...
Hydor SA joins Green Award as Incentive Provider, supporting certified vessels with spare parts discount
02 Jul, 2025
We are pleased to welcome Hydor SA, a family-owned company with over 40 years of experience in the marine spare parts sector, as the newest Incentive Provider in the Green Award programme. Headquartered in Piraeus, Greece, Hydor has built a strong reputation supplying high-quality spare parts for pumps, compressors, separators, and related components to vessels ...
Baltic Index Hits Near One-Month Low As Capesize Demand Slips
01 Jul, 2025
The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize vessels slipped. The main index eased 31 points, or 2.1%, to 1,458 points, its lowest level since June 3. The capesize index dropped 100 points, or 4.7%, to 2,011 points, lowest ...
Alternative fuels orderbook shows resilience amid overall decline in newbuild market
01 Jul, 2025
Ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fuelled vessels reached 19.8 million gross tonnes (GT) in the first six months of 2025, exceeding the 2024 figure by 78%. This marks a ...
Shadow Fleet Exposed by Sanctions and Sensors
01 Jul, 2025
Russia’s shadow tanker fleet has at least tripled since the 2022 invasion. US-EU sanctions are steadily blacklisting hundreds of ships, pushing up the cost of evasion and shrinking safe harbours. Operators are masking ownership through shell firms, swapping flags and IDs, and darkening AIS signals to stay ahead. Any charterer, insurer or financier dealing with ...
Denmark – almost – at the top of international safety list for the fifth year in a row
01 Jul, 2025
On the newly published Whitelist from Paris MoU — which shows how ships flying different flags perform under port state controls in the ports of Paris MoU member countries — Denmark is ranked in second place. This time, Denmark has just been overtaken by France, which sneaks into first place. Denmark had otherwise firmly held ...
HSFO softens into discount; structure flips to contango
01 Jul, 2025
Asia’s spot differential for high sulphur fuel oil (HSFO) sank into a discount on Tuesday, while the prompt market structure flipped from backwardation into contango amid bearish market conditions. Supply inflows are expected to remain plentiful into July, trade sources said, while demand for bunker fuel has not seen much uptick. Singapore’s 380-cst HSFO cash ...
MOL Establishes ‘MOL Bay Links’ Group-wide Holding Company for Tugboat Services
01 Jul, 2025
Mitsui O.S.K. Lines, Ltd. announced the establishment of MOL Bay Links Co., Ltd., a holding company aimed at strengthening the foundation of the MOL Group’s tugboat services. Effective July 1, MOL transferred all shares it held in Nihon Tug-Boat Co., Ltd., Green Shipping, Ltd., and Green Kaiji Kaisha, Ltd. to MOL Bay Links, thereby establishing ...
NORDEN sells two additional vessels
01 Jul, 2025
We are pleased to announce that we have sold two additional vessels, one Supramax bulk carrier and one MR tanker. The Supramax vessel is a recently declared purchase option which subsequently has been sold. The MR tanker became part of NORDEN’s owned fleet in May 2025, following the declaration of the related purchase option at ...
Interferry and MOWCA Sign Landmark MOU to Advance Ferry Safety in West and Central Africa
01 Jul, 2025
This MOU solidifies cooperation for effective, safe, and sustainable ferry transportation in Africa. Key areas of joint action include information campaigns for policymakers and the public on ferry safety and sustainability. The agreement also covers training seminars for maritime personnel, technical staff, and safety officials. Both organizations will work to strengthen legal and regulatory frameworks ...
