The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who are heavily dependent on Middle Eastern crude, the International Energy Agency said in a monthly report.Asian oil refiners have faced the highest transportation costs as cargoes are moved through the Strait of Hormuz to secondary tankers for onward delivery, the IEA saidThe freight…
90POE (Ninety Percent of Everything) launched Crew Docs AI, an AI document check built into the passport verification workflow of OpenOcean STUDIO Crew. Crew Docs AI reads each passport as it is uploaded, compares it with the crew record and flags only the fields that need a second look…
Key findingsComparing schedule versions received from 18 September to 8 October 2026, HiFleet found that Shanghai calls remain a key focus of service revisions by several liner operators, and that reinstatements continue to outnumber omissions…
The American Association of Port Authorities (AAPA) is proud to announce the 2026 Lighthouse Awards winners. AAPA’s Lighthouse Awards are an annual tradition that highlight exceptional port projects that exemplify hard work, innovation, and the pursuit of excellence…
NYK shared the NYK Group's initiatives toward the practical deployment of ammonia-fueled vessels during the 12th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 12), held at the headquarters of the International Maritime Organization (IMO) in London from September 14-18…
The cost of insuring an oil tanker loaded from Saudi Arabia's main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer's struggles to find a viable channel for its exports.Saudi Arabia…
Key findingsInternational media continue to report on container port congestion in Shanghai and Ningbo. Comparing schedule data received from 4 to 15 September 2026, HiFleet found that Shanghai calls were a key focus of service revisions by several liner operators…
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17…
SGMF has published its latest Life Cycle Assessment (LCA) on methanol as a marine fuel, highlighting the greenhouse gas (GHG) reduction potential of renewable and synthetic methanol production pathways.The study evaluates 15 methanol production…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
Russia hammered Ukrainian ports, industrial sites and retailers' distribution facilities with missiles and drones in an hours-long attack on Kyiv and other cities that was partly repelled, Ukrainian officials said on Thursday.Commuters went…
SHIPPINGInsight confirmed that Captain Stephen Carmel, U.S. Maritime Administrator, will deliver the opening keynote address at SHIPPINGInsight’s PROJECT 2027: Catalyzing the U.S. Maritime Industry into Action, powered by AMIC (American Maritime Industrial Coalition)…
Saudi Aramco has offered more oil for loading outside the Strait of Hormuz in September, four sources with knowledge of the matter said on Wednesday, after the producer sold at least 4 million barrels to China this month.Shipping data indicates…
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on Tuesday…
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday…
