IMO Signals End for Conventional Fuels; Scalable Alternatives Still Needed
Scalable zero-emission fuels like e-ammonia and e-methanol hold the greatest promise to meet the shipping sector’s 2040 climate goals, requiring rapid development of...
Why Biofuel Adoption in Shipping Faces Supply and Viability Challenges
Surging biofuel demand in shipping outpaces production capacity for biodiesel and bio-LNG.
Unconstrained demand could exceed 140 million tonnes by 2028, while total...
Global Container Shipping Industry Posts $9.9b Net Income in Q1 2025
Q1 2025 net income was US$9.9 billion, down 36.4% from the previous quarter but up 82% year-over-year.
Earnings drop marks a trend reversal,...
Microsoft Leads AI Charge as Rivals Rally
Expanded AI ecosystem through collaborations with OpenAI, Nvidia, Elon Musk’s xAI, and other model providers.
New AI developer tools include a simple-instruction coding...
Kongsberg Launches TTH Tunnel Thrusters
Compact, modular thruster design enables easier hull integration and supports a wide range of vessel types.
Trunk-mounted installation allows onboard servicing, eliminating dry-docking...
Thailand Sees Surge in COVID-19 Cases Over 53,000 Reported In A...
Thailand is witnessing a sharp increase in COVID-19 infections, with over 53,000 new cases and five deaths recorded in a single week, according to...
ESL Shipping Secures Financing For Green Ship Quartet With Support
ESL Shipping has secured a significant 15-year loan from Svenska Skeppshypotek to support its investment in four eco-friendly, next-generation ships ordered in October 2024....
China Updates SPRO Regulations To Enhance Emergency Pollution Response
China’s Maritime Safety Administration (MSA) has revised its regulations on Ship Pollution Response Organizations (SPROs), introducing significant changes aimed at improving pollution response capabilities...
Why Hundreds Are Still Dying From COVID Weekly In The U.S.,...
More than five years after the pandemic began, COVID-19 remains a persistent threat in the United States. According to the CDC, about 350 people...
New U.S. Port Fees Targeting China-Built Ships Could Cost Greek Shipping...
A recent proposal by the U.S. Trade Representative (USTR) aims to impose port service fees on China-built vessels arriving at U.S. ports, regardless of...
Diana Shipping Inc. Secures New Charters For Newcastlemax And Post-Panamax Vessels
Diana Shipping Inc., a Greece-based global dry bulk shipping company, has announced two new time charter contracts for its vessels Philadelphia and Phaidra. These...
Global Shipping Leaders Unite in Ningbo for ‘Shipping Consensus’
China’s GDP grew 5.0% year-on-year in the first three quarters of 2024, driven by strong growth in high-tech industries.
Significant advances in renewable...
World’s First Shore Power Investment Partner Launched
Seacap is the world’s first capital partner dedicated solely to shore power infrastructure, helping ports finance electrification projects.
Shore power technology enables vessels...
Maritime Safety Reimagined: Allianz Insights for a Resilient Future
Allianz Commercial's annual Safety and Shipping Review 2025 highlights a significant milestone in maritime safety: the global fleet experienced a record low of 27...
AM Green and Port of Rotterdam Forge Green Energy Corridor
The partnership targets the annual export of up to 1 million tonnes of green fuels from India to Europe.
The Port of Rotterdam...
Smooth Sailing? Indian Ocean MoU Reveals Drop in Detentions for 2024
A total of 5,334 PSC inspections conducted, with nearly half revealing deficiencies.
A slight reduction in the detention rate to 4.22%, indicating progress...
SeaClear 2.0: Advancing Autonomous Marine Litter Collection with AI and Robotics
SeaClear 2.0 integrates aerial drones, unmanned surface and underwater vehicles, and AI-powered sensors to autonomously collect marine debris in difficult and hazardous environments.
...
Shippers Pay Premium as Spot Container Rates Surge Amid Tariff Relief
Market average spot rates (23 May 2025) range from USD 1,949/FEU (Far East–North Europe) to USD 4,069/FEU (Far East–US East Coast), with mid-high...
NLNG Urges Customized Regulations and Innovation to Decarbonize LNG Shipping
NLNG calls for cohesive, industry-specific policies and incentives to support decarbonization across the LNG vessel lifecycle.
Financing gaps, especially in emerging markets, must...
Dry Bulk Markets Stagnate as Grain Strength Clashes with Coal Weakness
Baltic indices held mostly flat over the past week, with Handysize the only segment posting consecutive daily gains amid neutral overall momentum.
Panamax...