Sector tanquero enfrenta disminución de embarques de petróleo debido a interrupciones
Incertidumbre sobre el Estrecho de Ormuz mantiene presión sobre los volúmenes
Four shipowners co-order vessels in record-breaking VINGA series: “The right time to invest”
Four shipping companies from Sweden, Norway, and Canada see a bright future in the European intermediate tanker market and are ordering four new VINGA ships — taking the series, developed by Furetank, to a remarkable 26 vessels. The new investment was announced on Friday in conjunction with the naming ceremony for FURE VASA, a newly …
Baltic Dry Index Extends Rally Into 7th Day
The Baltic Exchange’s dry bulk freight index rose 2.5% to 3,186 on Friday, extending its winning streak to seven sessions and reaching its highest level since June 2. The index measures freight rates for vessels carrying dry bulk commodities across the Capesize, Panamax and Supramax segments. Gains were broad-based, led by the bigger size segment. …
Shipping’s new order is Eastern
Maritime leaders increasingly view Asia—and particularly China—as the dominant force shaping the future of international shipping, according to Kapa Research’s Global Shipping Outlook 2026, a survey of 314 shipowners and C-suite executives from leading shipping companies worldwide. The findings suggest that shipping executives believe the centre of influence in maritime trade is moving decisively eastward, …
The environmental view of seller and buyer’s duties in a ship sale contract under English law
This study examines the extent to which environmental compliance has become embedded within the private-law framework governing ship sale and purchase transactions under English law. While environmental certification, documentary compliance and regulatory readiness are already familiar concerns in contemporary maritime practice, their precise legal classification within English contract law remains underexplored. The article therefore seeks …
IMO: Six months of uncertainty for seafarers in Strait of Hormuz
Thousands of seafarers have been stuck in the Persian Gulf since the current conflict in the Middle East began on 28 February this year. To date, at least 70 attacks on international shipping have been verified by IMO, with 19 seafarers killed. With maritime security threats on the rise globally, IMO Secretary-General Arsenio Dominguez issued …
IMO: Six months of uncertainty for seafarers in Strait of Hormuz Read More »
The Week in Alt Fuels: Bankrolling the switch
Public support for green shipping is spreading across major regions. But governments are taking noticeably different routes to get low- and zero-emission fuels and vessels into commercial use. Several European nations are building out different links of the supply chain at once, from fuel production to vessels and bunker infrastructure. For instance, Germany opened applications …
Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd
In Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd [2026] EWHC 1714 (Comm), the High Court held that a bespoke hire rate formula for an LNG time charterparty did not entitle the owner to additional hire when the relative value of the reference indices inverted as a consequence of the Russia-Ukraine invasion. The decision …
Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd Read More »
CMA CGM Group and China Communications Construction Company sign a Memorandum of Understanding to strengthen their global cooperation
The CMA CGM Group, a global player in sea, land, air and logistics solutions, and China Communications Construction Company Limited(CCCC), one of the world’s leading infrastructure groups, have signed a Memorandum of Understanding (MOU) aimed at strengthening their cooperation across port infrastructure, logistics and transport services, innovation and the energy transition. The MOU was signed …
Frontline Reports Record Quarterly Profits
Frontline plc Friday reported unaudited results for the six months ended June 30, 2026: Highlights • Reported the best quarterly profit ever of $659.2 million, or $2.96 per share for the second quarter of 2026 and the best adjusted profit ever of $580.2 million for the second quarter of 2026, or $2.61 per share. • …