Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity

The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027. This new regulation is similar to the Fuel EU regulation enforced this year, but with global fleet coverage. …

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Tanker – Weekly Market Monitor: Iran’s Resilient Oil Exports and Emerging Pressures in 2025

Despite persistent international sanctions, Iran managed to sustain significant crude oil exports between January 2023 and March 2025, totaling approximately 268.5 million barrels. This continued export activity—entirely sourced from Iranian production—demonstrates Tehran’s resilience and strategic adaptability in circumventing global pressure. A striking feature of Iran’s export strategy is its overwhelming reliance on Kharg Island, which …

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Global container shipping volume to fall 1% on Trump trade policies, Drewry says

Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies. That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979. Container volumes fell 8.4% during the global financial crisis in 2009 …

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Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?

Cashew Nut Shell Liquid – Background As demand grows from all modes of transportation for low-to-zero carbon fuels, to support efforts in complying and achieving numerous environmental legislation leading to global decarbonisation, many alternative fuel sources are being considered. One of the most common and in demand sources of such fuels, is Fatty Acid Methyl …

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Asia Fuel Oil: Spot premiums retreat; high inventories cap gains

Spot premiums for fuel oil dipped in Asia on Friday, with high supply inventories and tepid demand limiting market recovery. Onshore inventories at Singapore have built to their highest in 18 weeks, supported by strong imports from Iraq, showed Enterprise Singapore data. Singapore spot premium for 380-cst high sulphur fuel oil (HSFO) inched lower towards …

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Taylor Maritime Sold 11 Vessels

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces eleven new vessel sales for gross proceeds of $172.5 million, representing an average 4.0% discount to Fair Market Value.  These sales are in addition to the previously announced vessel sale in January of $13.9 million (0.5% discount to 30 September 2024 Fair Market Value) …

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Odfjell completes first near carbon-neutral transatlantic voyage using sails and biofuel, saving five tons of fuel every day and improving GHG intensity by 85%

Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel. This milestone voyage proves how existing technologies and fuels can be paired to accelerate deep-sea shipping’s transition to net zero emissions. Real-time data from the voyage confirms that this dual propulsion approach …

Odfjell completes first near carbon-neutral transatlantic voyage using sails and biofuel, saving five tons of fuel every day and improving GHG intensity by 85% Read More »

S&P Global agrees to acquire ORBCOMM’s Automatic Identification System business, strengthening its supply chain and maritime offerings

S&P Global announced an agreement to acquire the Automatic Identification System (AIS) data services business of ORBCOMM Inc. The AIS business is a leading provider of satellite data services used to track and monitor vessels, enhancing maritime visibility and delivering critical insights that support business intelligence and decision-making for government and commercial clients worldwide. Since …

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Rewriting Women into Maritime History launches international phase

Following successful UK exhibitions, a project to highlight women’s contributions to the maritime workforce is looking for new stories from around the world. Sarah Mott of Lloyd’s Register Foundation reports Rewriting Women into Maritime History was launched by Lloyd’s Register Foundation in 2023, with Nautilus International as one of the project’s partners. The project uses …

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El buque LOBO DE MAR (OMI 8976918) tiene prohibida la entrada en la Región del MOU de París

El acceso a la región del Memorando de Entendimiento de París al buque “LOBO DE MAR” (OMI 8976918), ha sido denegada. El buque mencionado fue detenido en el puerto de Assens (Dinamarca) el 3 de julio de 2019 y abandonó el puerto el 25 de abril de 2023 sin cumplir las condiciones establecidas por la …

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