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Lawmaker advocates S. Korea for US ship repairs, citing strategic gains

08/07/2025

The Korea-U.S. alliance should move beyond its traditional military framework and develop into a broader economic and maritime partnership, according

LNG Shipping Market Softens

07/07/2025

LNG

The LNG market softened across the board this week as prompt demand eased and fresh fixtures slowed. Weaker momentum in

Iran made preparations to mine the Strait of Hormuz, US sources say

07/07/2025

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in

Tanker Market: US policies Having a Major Impact

07/07/2025
The tanker market has been impacted heavily by the US policies during the first half of 2025. In its

U.S. Gulf Diesel Exports Drive Clean Tanker Rally

07/07/2025

The U.S. Gulf clean tanker market surged last week, marking one of the strongest upward freight shifts seen so far this year. The rally — centered on TC14 (USGC–UKC) — wasn’t just a blip of volatility, but a convergence of

Petrofin Research: Ship Financing Prospects for 2025 and beyond

07/07/2025
The year 2025 ushered in dramatic shifts, driven by US policy changes under President Trump. Emphasizing an “America first”

VLCC Tanker Market Bottomed Out

07/07/2025

Clean

LR2

LR2 freight in the MEG continued its downward trajectory this week. The TC1 75kt MEG/Japan index dropped 23.61 points to WS120 and a TC20 90kt MEG/UK-Continent voyage also went from $4.03 million to $3.59 million.

West of Suez, Mediterranean/East LR2’s plateaued

Future-oriented Green Ship Recycling: Studying of Commercialization for Circular Economy and Decarbonization

07/07/2025

Ship Dismantling and Recycling
“Under its ESG (environment, society, and governance) policy and ‘Bringing value to life' mission, the NYK

Global Maritime Organizations Unite to Accelerate Electrification

07/07/2025

Four leading maritime associations have jointly launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organizations dedicated

China’s Shipping sector goes greener with new energy sources

07/07/2025

China is rapidly adopting new energy technologies in inland waterway shipping sector to align navigation practices with environmental concerns by

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