Yearly Archives: 2025
Furetank Pioneers Sustainable Shipping with Biomethane and a New Venture
Furetank has announced a major agreement for mass-balanced biomethane, which will allow for a swift transition to renewable operations for its EU-based fleet. This...
Port of Gothenburg Posts Strong H1 Growth
The Port of Gothenburg saw continued positive growth in the first half of the year, particularly in its container handling and rail transport. Efficiency...
Geo Energy to Buy Majority Stakes in Two Indonesian Shipping Firms for US$127.5m
51% stakes targeted in Trans Maritim Pratama and Bahari Segara Maritim
Acquisition to diversify revenue into logistics and infrastructure
Companies bring a decade...
Turkey Cuts All Trade and Transport Ties With Israel Over Gaza War
Planes carrying weapons to Israel are banned from Turkish airspace.
Restrictions apply to Israeli government and military flights, not commercial aircraft.
Turkish ports...
FBX Rates Slip on All Key Far East Routes as USTR Port Fees Loom
US West Coast route edges down to $1,728/FEU.
US East Coast rates ease to $2,703/FEU.
North Europe route drops $107 to $2,846/FEU.
The container...
LNG and LPG Markets Weaken on Limited Demand and Softer Sentiment
Long-haul LNG rates ease as demand fails to support levels.
Period LNG market declines across all terms.
The Middle East LPG route falls...
DNV Updates Maritime Simulator Standard for VR and Alternative Fuels
Simulation takes a central role in seafarer training.
New terminology for VR, synthetic and mixed reality.
Alternative fuels added to the competence requirements.
As...
Waltershof Hafen Now Equipped for LNG and Methanol Bunkering
Waltershof’s container terminals are now approved for ship-to-ship bunkering of LNG and methanol, enhancing Hamburg’s role in sustainable shipping.
The development supports Green...
Hanwha Engine Achieves Milestone with Eco-Friendly VCR X-DF Engine
Hanwha Engine has produced the world’s first X-DF engine with variable compression ratio (VCR) technology for LNG carriers.
The VCR system, developed by...
Cosco Shipping Holdings Grows Profit Despite a Volatile Market
Cosco Shipping Holdings has reported steady profit growth in the first half of 2025, despite facing ongoing market volatility driven by geopolitical tensions, shifting...