World.

MOL President & CEO Tamura addresses company’s entrance ceremony


'Building the Future Together with MOL CHARTS in Our Hearts Mitsui O.S.K. Lines, announced that on October 1, it welcomed 28 new employees. President & CEO Tamura delivered the following message at the entrance ceremony. MOL company entrance ceremony "Congratulations on joining the MOL Group. I warmly…

Germany set for major power-sector overhaul with EEG-2027 and capacity market, says GlobalData


Germany is on the verge of transformative change in its electricity sector, driven by ambitious demand forecasts, sweeping policy reforms, and the accelerating retirement of coal and nuclear power.…

“K” LINE held its 20th Shipowners’ Safety Measures Liaison meeting


On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture. Domestic and international shipowners…

Mikael Skov steps down as co-chair of the All Aboard Alliance


Mikael Skov stepped down as chief executive officer of Hafnia and co-chair of the All Aboard Alliance on 1 September 2026, following several years of active leadership and engagement with the…

The Swedish Club reports strong financial performance amid challenging market conditions


The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium growth and a stable…

MOL lease 4 Berths at newly completed Kobe International Container Terminal new facility will become one of Japan’s largest container terminals


Driving Smarter, Safer Terminal Operations Through Digital Transformation Mitsui O.S.K. Lines, announced that the company has signed a lease agreement for four berths at the recently expanded and…

60 days of a broken US-Iran MoU: the market stopped waiting for Hormuz


The 60-day window under the Islamabad MoU lapsed on 17 August with no deal, no extension, and no talks under way. Kpler data shows the truce cleared the war's stranded backlog in 3 weeks and moved…

Crude markets underpricing an impending supply tightness


For a brief window in mid-July, global crude markets looked well-supplied. After the US-Iran MoU was signed on June 17th, Hormuz transits picked up, Iran also managed to get barrels on the water,…

Maritime Security becomes a strategic factor


The current geopolitical situation is driving action. Numerous countries are investing in the expansion of their naval capabilities, unmanned systems and the protection of critical infrastructure.…

AD Ports Group launches integrated logistics services between Khalifa Port and Umm Qasr Port to strengthen regional trade connectivity


AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has launched integrated logistics services connecting Khalifa Port with Umm Qasr Port in Iraq, reinforcing the…

Idwal partners with Daiwa Kisen to deliver data-driven fleet insight through independent inspections


Idwal, the global vessel assurance business, has partnered with Daiwa Kisen to deliver independent inspections across selected vessels in its fleet, with a focus on strengthening condition oversight…

Danish Shipping global rules for safe and sustainable ship recycling must keep pace with the times as many ageing ships are set to be recycled in the coming years


A new analysis from the international shipping organisations points to a significant need to strengthen global rules on ship recycling in light of the fact that many more ageing ships will have…

Easterly Clear Ocean Tranche I delivers strong investor returns following strategic exit of remaining vessels


ECO inaugural investment fund sells remaining four chemical tankers at an estimated 52% premium to purchase price Easterly Clear Ocean, a maritime investment platform and Strategic Partner of…

US-Iran deal to reopen Strait of Hormuz— but full container shipping recovery at least three months away


Xeneta data shows 10% of global container shipping fleet impacted by blockade, with spot rates up +192% on Asia-US trades and +106% into North Europe The US-Iran deal should allow a return of…

Hormuz insurance costs deter clean tankers more than crude carriers: brokerage


High insurance costs present a greater deterrent to oil products tankers contemplating transit of the Strait of Hormuz than to crude carriers, amid a relatively smaller wartime boost to product…

Braemar joins the Sustainable Shipping Initiative


The Sustainable Shipping Initiative  announced that Braemar, the international shipbroking and financial services group, has joined SSI as a member. Braemar becomes the latest organisation to join…

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