Thermal coal futures climbed above $140 per ton, reaching their highest level in nine weeks after a deadly gas explosion at a coal mine in northern China exposed an underground network of illegal labor practices and unreported coal sales, raising concerns about tighter oversight and extended supply …
Bulkers: Bulker S&P activity was solid, with 16 vessels changing hands across all segments. Broader market sentiment remains underpinned by cautious optimism following the US-China tariff truce, which has improved near-term trade flow expectations for dry bulk commodities. Strong pricing was obs…
B100’s discounts to conventional fuels in Rotterdam have narrowed yet again, as conventional fuel prices have dropped for a second straight week. B100’s discount to HSFO has narrowed by $116/mt to $47/mt. B100’s discounts to VLSFO and LSMGO have narrowed by $88/mt and $124/mt to $149/mt and $4…
Korean Register (KR) has marked a significant milestone in its European strategy, successfully hosting the inaugural KR North Europe Committee (KRNEC) and a Technical Seminar in Hamburg, Germany, on May 20-21, 2026. The two-day event was organized to formally launch a committee composed of leading m…
PPG announced the publication of a white paper, Electrostatic Application of Marine Hull Coatings, detailing how this advanced application technology can help ship owners and operators improve efficiency and reduce environmental impact. Electrostatic application works by negatively charging paint pa…
Athenian Shipbrokers SA Ship Recycling Weekly Report   Source: ATHENIAN SHIPBROKERS S.A.
At the opening ceremony of the prestigious Posidonia 2024 international shipping exhibition “Posidonia 2026”, the Prime Minister, Mr. Kyriakos Mitsotakis, the Minister of Shipping and Insular Policy, Mr. Vasilis Kikilias, the Ambassador of China to Greece, Mr. Fang Qiu, the President of …
An estimated more than 1,000 dark fleet ships are a danger to the environment and a drag on the economics of the legitimate traders says Capital Maritime founder
For much of a panel with other leading Greek shipowners Procopiou’s chair sat conspicuously empty
Leading shipowners rail against the Net Zero Framework and being taxed for not using non-existent green fuels
Heidmar Maritime Holdings Corp. announces that it has regained compliance with NASDAQ continued listing rule 5550(a)(2) regarding minimum bid prices for its common stock, after its closing bid price maintained a level at or above $1.00 per share for 10 consecutive business days. “We are pleased to h…
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, is pleased to announce today that the Company’s issued shares of common stock (i.e., all 101,826,580 dematerialized, registered voting shares of common stock, each with a par value of $0.001, issued by the Compa…
Eastern Pacific Shipping (EPS) and Champion Tankers have launched a new IMO II medium-range tanker pool, combining eight vessels under a single commercial platform aimed at strengthening their presence in the product and chemical tanker trades. The Singapore-based initiative will begin operations wi…
A record number of Greek owners have joined Tonne Millionaire club over the last 12 months
Discover Freightos Enterprise The post Container rates starting to spike on peak season rush – June 2, 2026 Update appeared first on Freightos.
Hamburg’s Senator for Economic Affairs, Dr Melanie Leonhard, today welcomed Estonia’s Minister of Infrastructure, Kuldar Leis, to Hamburg City Hall. The Minister was accompanied by a high-level delegation representing the port industry, logistics sector and political institutions. During the visit, …
As discussions on the ETS revision intensify ahead of the Commission proposal expected in July 2026, the debate increasingly reflects the need to reconcile climate ambition, competitiveness and economic resilience. In this context, FEPORT takes note of the High-Level Roundtable organised by the Euro…
Drewry’s Intra-Asia Container Index (IACI) increased 5% to $1,008 per 40ft container. Intra-Asia Container Index assessment for 29 May 2026 • Drewry’s Intra-Asia Container Index (IACI), a weighted average of weekly spot rates across 18 major trade routes within Asia, increased 5% to $1,008 per…
LNG The LNG spot market was relatively steady this week, with the Atlantic market holding firm while the Pacific experienced some tightening in vessel availability. Limited prompt tonnage in the East provided support to rates, although overall activity levels remained moderate across both basins. On…
Rates for shipping containers from east Asia and China to the US surged this week, rising by double-digit percentages, according to some analysts, while rates for liquid chemical tankers ex-the US Gulf softened as negotiations to extend the ceasefire in the Middle East conflict continue. CONTAINER R…
