Union Maritime Orders Nine Bulker and Tanker Newbuildings
UK shipping company Union Maritime (UML) has ordered nine newbuildings across Newcastlemax and handysize bulk carriers as well as tankers for chemicals and petroleum products.
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Swedish Maritime Administration Seeks Permit to Widen and Deepen Karlskrona Fairway
The Swedish Maritime Administration (Sjöfartsverket) has applied for a permit to widen and deepen part of the approach to the Port of Karlskrona, with construction expected to take one to two months if approved.The Land and Environment Court application concerns…
Big Three
(Article originally published in July/Aug 2026 edition.) The ship registry industry is undergoing a sea change. As business booms with the global fleet reaching approximately 112,500 vessels and 2.44 billion deadweight tons in 2025, growth is consolidating around the most…
OPINION | Are Costly Hormuz Shuttle Voyages and STS Transfers Here to Stay?
A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy…
Cargo Vessels Face Load Limits as the Rhine River Recedes Again
Water levels on the river Rhine in Germany have fallen again in the past week after dry weather, the country’s inland navigation agency said on Monday, increasing industry's costs for freight shipping.Lack of rain in the past week in river…
Trafigura Doubles Down on Tanker Ownership With New Subsidiary
Trading house Trafigura said on Monday it had launched Volare Shipping, which would own and operate 14 supertankers, adding that it plans to sell shares in the business before listing it on the Norwegian stock exchange next month.Supply disruption resulting…