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Nigeria’s seaborne import of clean petroleum products falls 39% year-on-year

“During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The reduction in imports is due to the …

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Xeneta Weekly Ocean Container Shipping market Update: Spot Rates Slide Further Amid Stable Tariff Outlook

Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the Red-Sea crisis was escalating. While pace of the decline in June was high, rates are still sliding – falling 6% from end-July. This muted deterioration …

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ELCOME’S WELCOME MARITIME WI-FI EARNS HIGH PRAISE IN GLOBAL CREW SURVEY

Elcome International’s WELCOME Maritime Wi-Fi, now marking one year of service, has emerged as a transformative force in the lives of seafarers, delivering fast, reliable, and affordable internet access across the globe’s oceans. A recent user experience survey reveals overwhelming satisfaction for the service and highlights its vital role in supporting the mental health, communication, …

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TORM plc Q2 2025 Results, Dividend Distribution, and Financial Outlook 2025

INSIDE INFORMATION “TORM delivered a strong second-quarter result with continued market-leading performance, against a backdrop of global uncertainty,” says Jacob Meldgaard, adding: “We see strong momentum heading into the second half of the year, and as a result, we are raising our full-year guidance.” Financial Results In the second quarter of 2025 TORM (Nasdaq: TRMD …

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Environmental groups challenge climate study used to justify endangerment finding repeal

The US Department of Energy violated federal advisory committee laws when it created a climate report to justify the repeal of the US Environmental Protection Agency’s endangerment finding, environmental groups said in a lawsuit. The suit said that the DOE study — which claimed that the impacts of greenhouse gas emissions on the nation’s climate …

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City of Glasgow College announced as Academic Partner for LISW25

London International Shipping Week 2025 (LISW25) is proud to announce City of Glasgow College as its official Academic Partner, strengthening the week’s focus on maritime education, skills, and innovation. As one of the UK’s leading maritime education and training institutions, City of Glasgow College is recognised worldwide for its state-of-the-art facilities and pioneering approach to …

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