Greek tanker companies are curtailing cooperation with Russia.
According to Reuters, Greek shipping companies, which the Brookings Institution estimates transport up to a third of all Russian oil, have begun refusing to work with Russian oil companies following the imposition of sanctions by the Trump administration. ⛽️ This decision could seriously impact Russian oil export logistics and the tanker shipping market, particularly in […]
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China is capturing the container ship market
Today, almost 99% of all orders for new container ships are placed in just three countries: China, South Korea, and Japan. 🔘 China leads the way, controlling 73.7% of the global order book (7.36 million TEUs).🔘 Korea holds about 20%🔘 Japan – just over 4%🔘 Only 29 ships are being built outside these countries – […]
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Insurers are recording increased risks for vessels with dual-fuel engines.
The shipping market is seeing a growing number of incidents related to dual-fuel operation, primarily involving systems using LNG and VLSFO backup fuel. 💡 The problem is that backup fuel is often stored for too long, losing its properties. Under improper storage conditions, VLSFO separates or thickens, which can lead to damage to filters, separators, […]
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The Philippines is investigating mass deportations of seafarers from the United States.
The Philippine Embassy in Washington has appealed to US authorities following reports of the deportation of nearly 100 Filipino seafarers in the first half of 2025. ❌ According to the government, cases of crew members being removed from ships in US ports and expelled from the country have increased in recent months. US authorities stated […]
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China announced the creation of five new “green maritime corridors” between Chinese and European ports.
The main goal is to reduce emissions and develop environmentally friendly logistics. 📍 One of the first such routes will connect the port of Qingdao and the port of Hamburg. These routes will accommodate vessels using alternative fuels (methanol, ammonia, LNG, and biofuels), and the ports themselves will provide infrastructure for green operations and refueling. […]
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