Car-carrying ships have sent more cargo from Europe and China, Japan and Korea to the United States in the first months of the year than last year, shipping data showed, in a sign of companies front-loading shipments ahead of looming tariffs. A total of 33 so-called roll on, roll off ships –...
International Shipping News
HSFO cash differential down, VLSFO steady
Asia’s high sulphur fuel oil (HSFO) cash differentials were down on Thursday after Singapore inventories rose to a 13-week high. The 380-cst HSFO cash premium traded at $14.81 a metric ton. The very low sulphur fuel oil (VLSFO) cash differential was steady at a discount of 88 cents amid tepid...
https://www.hellenicshippingnews.com/hsfo-cash-differential-down-vlsfo-steady/
Baltic index down for third straight session on lower capesize rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates in the capesize segment. The main index, which factors in rates for capesize, panamax and supramax shipping vessels,...
MABUX: Bunker Prices To Edge Moderately Higher Next Week
Over the 13th week, the global bunker indices MABUX experienced a moderate upward trend. The 380 HSFO index saw a slight increase of 9.36 USD, rising from 493.49 USD/MT last week to 502.85 USD/MT, surpassing the 500 USD mark. The VLSFO index gained 7.71 USD, reaching 583.58 USD/MT from 575.87...
https://www.hellenicshippingnews.com/mabux-bunker-prices-to-edge-moderately-higher-next-week/
US oil industry warns against proposed fees on Chinese ships
The American Petroleum Institute warned that proposed US port fees on Chinese vessels could harm the US’ position as one of the world’s largest oil exporters, with freight costs set to rise under such a scheme. Based on a Section 301 investigation of “China’s targeting of the maritime, logistics,...
https://www.hellenicshippingnews.com/us-oil-industry-warns-against-proposed-fees-on-chinese-ships/
Impending IMO Summit Must Slash Shipping’s Contribution to Climate Crisis
Ahead of a hectic two weeks at the International Maritime Organization (IMO), the Clean Shipping Coalition is calling for action from governments on three key fronts to ensure the sector slashes its climate heating impacts: ISWG-GHG-19 (Intersessional Working Group on Reduction of GHG Emissions),...
ABS and MPA Deepen Collaboration to Accelerate Maritime Innovation and Workforce Excellence
The Maritime and Port Authority of Singapore (MPA) and the American Bureau of Shipping (ABS) have renewed a multi-year Memorandum of Understanding (MOU) to strengthen collaboration in research and development, talent development, workforce upskilling, support for startup maritime businesses, and...
Singapore Maritime Week: DNV releases new Recommended Practice for testing WAPS performance
DNV has released a new Recommended Practice (RP) to assess the performance of Wind-Assisted Propulsion Systems (WAPS) for public hearing. The new RP has been developed to provide a basis for reliably determining the ability of different WAPS technologies to deliver efficiency gains when installed...
DEI in 2025: Maritime leaders urged to stay true to their inclusion compass
Maritime business leaders are urged to pause, reflect and ensure their approach to DEI remains credible and sustainable. Instead of reacting to political noise, they should focus on real workplace experiences, stakeholder expectations and the practical benefits of inclusive working environments....
Procureship and Shipnet sign deal to bring e-procurement services to maritime’s biggest operation ecosystem
Procureship, the leading e-procurement platform for the global maritime industry, has signed an agreement with Shipnet, the Norwegian vessel management software provider, to bring its award-winning e-procurement service to its online maritime operation app. The deal, which was signed during Sea...