TGE Marine is working with RMK Marine to build the ‘Celsius,’ a 7800 m³ LNG bunker vessel, marking TGE Marine's first vessel project...

DP World sourced 65% of its electricity from renewable sources in 2024, reflecting a major step in its decarbonisation strategy. The company invested...

Mitsubishi Shipbuilding has launched KEYAKI, Japan’s first ferry featuring a buttock-flow stern hull with a ducktail, enabling a 5% energy saving. The vessel...

Liner shipping supports 6.4 million U.S. jobs and contributes over $1.1 trillion to the national GDP. It handles 64.4% of U.S. seaborne trade...

Maersk has maintained all its trans-Pacific sailings despite trade war disruptions, using smaller vessels to match shifting demand. Hapag-Lloyd reports a 30% drop...

After a steep decline from recent highs, Capesize spot freight rates are rebounding, driven by seasonal strength, tightening iron ore inventories, and expectations of...

Over the past week, two incidents of armed robbery against ships were reported to the ReCAAP ISC in the Singapore Strait, specifically off Pulau...

As the U.S. license expiration deadline approaches on May 27, 2025, oil tankers are queuing at Venezuela’s aging La Salina terminal in the western...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering...

Trump administration touts deal to aid US auto manufacturers. Duties to be cut on foreign parts, but not those from China. Auto makers...