Economy
Stability of the Marine Insurance Market Amid Geopolitical and Technical Changes
The global marine insurance market is in a stable position, and premium growth is strongly supported by the weakness of...
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Oil and Petrochemicals
Maersk Increases Use of the Suez Canal Route
Maersk has made significant improvements to its services by increasing the use of the Suez Canal route due to global tra...
Analysis
Fluctuations in Fuel Prices in Singapore and Rotterdam
The price of LNG in Singapore has risen to $42 per ton. In Rotterdam, the price of B100 has changed from $39 per ton to...
Oil and Petrochemicals
Increase in Marine Insurance Premium Revenue to $42.6 Billion by 2025
Global marine insurance premium revenue reached $42.6 billion in 2025, indicating a growth of 5.5%. This increase comes...
Environment
IMO Emphasizes Effective Implementation of the Hong Kong Convention on Ship Recycling
The International Maritime Organization emphasized the importance of effective implementation of the Hong Kong Conventio...
Analysis
Abbas Araqchi Presented Iran's Conditions for Reopening the Strait of Hormuz
Abbas Araqchi, Iran's Foreign Minister, presented his country's conditions for reopening the Strait of Hormuz at the Uni...
Technology
ABS and lomarlabs Collaborate to Accelerate Innovative Solutions in Maritime Transportation
ABS and lomarlabs have signed a research collaboration agreement to develop innovative technologies in the maritime indu...
Oil and Petrochemicals
Delivery of the Dual-Fuel Ammonia Vessel by Eastern Pacific Shipping
Eastern Pacific Shipping has received a new dual-fuel ammonia vessel named Lilac Cove from Jiangnan Port in China. This...
Analysis
China has taken over the LNG bunkering vessel market
China has completely dominated the LNG bunkering vessel market, while South Korea has fallen behind in this area. Demand...
Oil and Petrochemicals
Spain's New Fuel Law Similar to Dutch Regulations with Significant Impacts
Spain has addressed greenhouse gas reduction laws in marine fuel supply by issuing Royal Decree 611/2026. This action wi...
Oil and Petrochemicals
Shunichi Kito Assured Japan's Crude Oil Supply Until November
Shunichi Kito, the head of the Japan Petroleum Association, announced that the supply of crude oil for the domestic mark...
Economy
Increase in Iron Ore Prices in China Due to Supply Concerns
The price of iron ore in China has risen above 710 yuan per ton due to supply concerns in Brazil. Rising transportation...