International Shipping News

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...