Yearly Archives: 2025
New White Paper Urges ‘Radical Rethink’ on Ship Design & Emission Strategies
A new paper published this week calls for a ‘radical rethink’ of shipping companies’ emissions reduction strategies and vessel design so that ‘hyper energy-efficiency’...
South Korea to Form Task Force for U.S. Shipbuilding Ties
The South Korean government will establish a task force to strengthen cooperation with the U.S. in the shipbuilding industry.
The initiative aligns with...
The Viswa Group: Global Fuel Characteristics Report 2024
The shift towards biofuels in 2024 has brought new dynamics to fuel quality and performance. The release of the updated ISO 8217:2024 specification now...
IMI and MT Group Pioneer Hydrogen Innovation at Klaipėda Port
IMI will supply a PEM electrolyser for Lithuania’s Port of Klaipėda.
The project aligns with the EU Green Deal’s 90% emissions reduction target...
Tracking Blank Sailings: East-West Routes Face Rising Cancellations
Blank sailings on East-West trade routes are rising, with 95 cancellations between January and mid-February, representing 13% of scheduled sailings.
Transpacific Eastbound trade...
India’s Latest LNG Terminal: A New Milestone in Clean Energy Goals
India’s newest LNG terminal, owned by HPCL, has received its first shipment, marking progress toward its 2030 energy goals.
The terminal in Gujarat...
Suspected ‘Shadow Fleet’ Tanker Found Adrift in the Baltic Sea
Safety4sea reports that a tanker drifted north of the island of Rügen in the Baltic Sea. According to the accident command, the tanker was...
MOL, TotalEnergies Name Newbuild LNG Carrier in S. Korea
Mitsui O.S.K. Lines (MOL) has named its newbuilding LNG carrier MOL Azure, set to sail for TotalEnergies under a time-charter contract.
MOL Azure
The MOL...
Moody’s Upgrades Hapag-Lloyd to ‘Ba1’
Sector and company performance better than expected.
Hapag-Lloyd with prudent financial policy and strong liquidity position.
The rating agency Moody’s Investors Service (Moody’s) has...
Cargo Vessel Runs Aground in Delaware River Near Philadelphia
45,000 Tons of Solar Salt Cargo Ship Stranded Outside the Shipping Channel.
Coast Guard Establishes Safety Zone Following Vessel Grounding.
No Pollution was...