1. ConocoPhillips says it will cut workforce by 20-25%, shares fall. U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce as part of a broad restructuring, a company spokesperson said on Wednesday, after five sources told Reuters that CEO Ryan Lance detailed the plans in a morning video message.
https://cyprusshippingnews.com/2025/09/08/conocophillips-says-it-will-cut-workforce-by-20-25-shares-fall/
2. Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China. European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation, and higher LNG imports are expected to outweigh the bullishness stemming from the start of the maintenance season in Norway. The news of Arctic LNG 2 cargo docking in China will likely weigh down on prices in the coming days.
https://cyprusshippingnews.com/2025/09/08/weak-fundamentals-and-growing-bearish-sentiment-after-arctic-lng-2-cargo-docked-in-china/
3. US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say. The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters.
The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as a weapon to extract better terms from Washington’s trade partners.
https://cyprusshippingnews.com/2025/09/08/us-tells-countries-to-reject-un-ship-fuel-emissions-deal-or-face-tariffs-sources-say/
4. Iconic Peruvian Training Ship coming to Dublin Port. Dublin Port will welcome one of the world’s most iconic tall ship training vessels this weekend with the arrival of Peru’s BAP Unión. The Peruvian Naval training vessel will be visiting Dublin between September 6th – 9th and will be open for the public to visit at select times. The ship is currently on a European tour aimed at building closer bonds across trade, tourism, investment and cultural connectivity.
https://cyprusshippingnews.com/2025/09/08/iconic-peruvian-training-ship-coming-to-dublin-port/
5. Kongsberg Maritime to supply full equipment package for India’s first fully electric tug. Kongsberg Maritime has signed a contract to deliver a fully integrated equipment package for India’s first electric tug, marking a major step in the country’s Green Tug Transition Programme (GTTP). The project represents the world’s first full electrical tug integration and is a significant step forward in India’s maritime decarbonisation efforts.
https://www.shipmanagementinternational.com/news/kongsberg-maritime-to-supply-full-equipment-package-for-indias-first-fully-electric-tug
6. Lloyd’s List Intelligence to host exclusive risk briefing with Infospectrum at LISW25. Lloyd’s List Intelligence, leading provider of actionable maritime insight, data, and analytics, is partnering with London International Shipping Week 2025 (LISW25) to host an exclusive event designed to help maritime leaders assess, understand, and manage their risk exposure in today’s volatile global landscape.
https://www.shipmanagementinternational.com/news/lloyds-list-intelligence-to-host-exclusive-risk-briefing-with-infospectrum-at-lisw25
7. Procurement leaders in shipping come together to form new global council.
The International Marine Purchasing Association (IMPA) announces recent formation of the Global Maritime Procurement Council (GMPC), an independent group that will see leading procurement heads of department from shipping and ship management companies collaborate on a range of new initiatives. The group is focused on developing progress in the maritime supply chain management arena.
https://www.shipmanagementinternational.com/news/procurement-leaders-in-shipping-come-together-to-form-new-global-council
8. LR introduces new wind propulsion and ergonomics rules to support decarbonisation and crew safety. Lloyd’s Register (LR) has announced an update to its Rules and Regulations for the Classification of Ships, introducing new technical notations that formalise standards for wind propulsion systems and ergonomic design.
https://www.shipmanagementinternational.com/news/lr-introduces-new-wind-propulsion-and-ergonomics-rules-to-support-decarbonisation-and-crew-safety
9. EcoNavis Solutions and Franman partner up to bring Eco Boss Cap technology to Greek shipping market. EcoNavis Solutions has signed an agency agreement with Greece-based company Franman to distribute its Eco Boss Cap technology in Greece, Cyprus and to Greek-interests worldwide. The agreement opens one of the world’s largest commercial shipping fleets to the energy saving device.
https://www.shipmanagementinternational.com/news/econavis-solutions-and-franman-partner-up-to-bring-eco-boss-cap-technology-to-greek-shipping-market
10. ABS Wavesight introduces Advantage intelligent platform to simplify regulatory compliance. ABS Wavesight™, the ABS-affiliated software-as-a-service (SaaS) company, announced the launch of ABS Wavesight Advantage, a powerful new intelligent platform designed to transform regulatory complexity into operational clarity. Built as a single source of truth, the platform connects vessels, shore teams, and systems—empowering maritime leaders to make smarter, faster decisions with confidence.
https://www.shipmanagementinternational.com/news/abs-wavesight-introduces-advantage-intelligent-platform-to-simplify-regulatory-compliance