Market & Companies
CM Technologies launches compact lube oil analyser for ship crews
CM Technologies is set to introduce a new oil analyser at SMM in Hamburg, allowing ship crews to assess lube oil condition quickly on board.
Market & Companies
Iron Ore Market Sees Mixed Sentiment, Supply Remains Stable
Iron ore futures and spot prices show mixed movements, with supply remaining stable. Traders remain cautious as steel mills prefer to wait for clearer signals.
Market & Companies
Singapore sees first CNSL‑co‑processed VLSFO bunker supply
Olam Agri and Vitol Bunkers delivered a 246.5 t mix of conventional VLSFO and 34.5 t cashew‑nut shell liquid co‑processed fuel to the 82,000 dwt Scion.
Market & Companies
Sinokor’s $6 bn VLCC buying spree reshapes global tanker market
The South Korean owner has snapped up 73 vessels for almost $6 bn, securing about a tenth of the world’s VLCC capacity and driving prices to 2008 highs –.
Russia Accelerates Arctic Crude Shipments via Northern Sea Route Amid Rising Risks
The article details how Moscow has more than doubled seasonal oil volumes on the NSR, outlines vessel types and flag changes, and assesses safety.
Maersk profits soar on global container demand
Maersk's second-quarter earnings exceed expectations, raising full-year projections amid strong Chinese exports and port congestion.
Iron Ore Futures Fluctuate Amid Weak Demand
Spot prices and futures contracts show mixed movements as traders remain cautious amidst uncertain market conditions.
Norden raises 2026 guidance as markets strengthen
Norden reports Q2 net profit of $101 million, citing improved tanker and dry cargo performance and revised full-year outlook. Analysis follows.
Maersk plans for Suez Canal return as Asian exports strain boxship capacity
Maersk is cautious about releasing capacity from shorter routes, balancing congestion at European ports with the need to manage transit through the Suez.
SK Shipping doubles LNG fleet in H-Line swap deal
SK Shipping and H-Line Shipping will exchange vessels, creating Asia's largest LNG carrier operator.
MSC and Blackrock pull Barcelona terminal acquisition application
MSC and Blackrock have withdrawn their application for a Barcelona terminal, leaving the future of the deal uncertain.
Hanwha bids $1.2bn for Austal US shipbuilding unit
South Korean conglomerate seeks to expand American shipbuilding footprint, citing financial setbacks at Austal's Alabama yard - a move with strategic implications.