Yearly Archives: 2025
Fueltrax Expands Benefits to Inland and Near-Coastal Waterway Vessels
Fueltrax EFMS Revolutionizes Fuel Efficiency for Near-Coastal Vessels.
Holcim Adopts Fueltrax System to Enhance Fleet Efficiency and Cut Emissions.
NASA-Engineered Fueltrax EFMS Offers...
AtoB@C Shipping Adds Six Low-Emission Vessels to Fleet Renewal Plan
Partnership with BAAS Shipping Secures Long-Term Charter for Newbuildings.
Modern Ice Class 1A Vessels Designed to Cut CO2 Emissions by 50%.
Innovative Cargo...
Canada’s Ocean Supercluster Announces $9M Investment in Ocean Innovation
AI-Powered MarineLabs Project to Enhance Safety and Reduce Emissions.
Collaborative Effort Unites MarineLabs, Go Deep, and LeeWay Marine.
$4.5M Forecast AI Project Positions...
Full-Scale CCS Retrofit of Ethylene Carrier: A Collaborative Initiative
The vessel will leave dry dock in February 2025 for a year-long pilot testing phase.
CEO Edvin Endresen sees onboard CCS as a...
Turning Point For Maritime Decarbonization: Surge In Alternative Fuel Vessel Orders
The significant increase in orders for alternative-fueled vessels in 2024, as highlighted by DNV's Alternative Fuels Insights platform, clearly demonstrates the maritime industry's accelerating...
Tanker Freight Rates Projected To Increase In 2025 Despite New Vessel Deliveries
Tanker freight rates are projected to increase in 2025 due to ongoing US sanctions and geopolitical uncertainties. However, this upward trend will be tempered...
Capesize Market Shows Signs Of Strength While Other Segments Struggle
The Capesize market experienced a mixed week, with an initial strong start followed by a decline, reports Baltic Exchange.
Capesize
The North Atlantic market initially showed...
Dry Bulk Market Experiences Volatility: VLCC Rates Surge
The VLCC market experienced a strong start to the week, with rates for Middle East Gulf (MEG) routes continuing to climb. However, the upward...
Tugs Of The Future: Svitzer Orders Electric Tug From Sanmar
Sanmar has signed a contract with Svitzer to build a fully electric tug for deployment in Scandinavia. This tug will operate between Denmark and...
Key Outcomes From SDC 11 Advancements In Maritime Safety, Sustainability, And Innovation
The 11th session of the Sub-Committee on Ship Design and Construction (SDC 11) resulted in several important developments in maritime safety, environmental protection, and...