HSBC: US Port Fee Regime Could Cost COSCO, OOCL Over $2.1bn...
Chinese state-backed shipping majors COSCO and its Hong Kong-listed subsidiary Orient Overseas Container Line (OOCL) could face a combined bill exceeding $2.1bn under the...
Japanese Companies to Launch Biofuel Bunkering Project
Japanese refiner Cosmo Oil has partnered with Japanese logistics firm NX Shoji to supply 24pc biodiesel-blended fuel oil (B24) to ships at the Port...
Port Authority of NY/NJ Reports Facility Volumes for July 2025
The Port Authority of New York and New Jersey on September 4, 2025 announced that its commercial airports turned up the heat to their...
Austal Signs Outsourcing Agreement with Master Boat Builders
Austal USA and Master Boat Builders, Inc. (“Master Boat”) have entered into a memorandum of understanding (“MOU”) establishing a strategic outsourcing partnership designed to...
Lessons Learned: Vessel Propulsion Failure While Entering Port of Fremantle
The Australian Transport Safety Bureau (ATSB) investigated an incident involving a vessel that lost propulsion while entering the Port of Fremantle, Western Australia, on...
Seasystems and Stena Bulk Strengthen Global LNG Infrastructure with Jettyless Systems
Seasystems AS and Stena Bulk have partnered to advance floating LNG infrastructure.
The agreement grants Seasystems exclusive rights to market and deliver Stena’s...
U.S. Launches International Fellowship to Revive Shipbuilding Industry
The U.S. Labor Department is launching an $8 million international fellowship program to train American workers in advanced shipbuilding skills, in partnership with...
India Makes History with Passage of Two Maritime Bills in One...
India’s Parliament approved the Merchant Shipping Bill, 2025 and the Carriage of Goods by Sea Bill, 2025 on September 3, marking a historic...
New Lower Price Cap on Russian Crude Takes Effect
The UK and EU have reduced the price cap for Russian crude to US$47.60 per barrel, while the US maintains its cap at...
Maritime Industry Shifts Focus to AI Adoption, Beyond Technology Barriers
The maritime industry views AI as essential for safety, efficiency, and long-term growth, but cultural and organizational barriers slow adoption.
Strong leadership and...
PSA Honored for Excellence and Sustainability at AFLAS 2025
PSA won the “Best Global Container Terminal Operator” award at the 2025 AFLAS Awards for the seventh time.
PSA Singapore earned the “Best...
Asia Takes Lead in Biomethanol Supply as Marine Fuel Demand Shifts...
Asian biomethanol prices are now lower than in Europe, with certified supply chains expanding through China and Singapore.
FuelEU Maritime rules allow certified...
Container Freight Market Report – Week 36
A US federal appeals court has upheld a ruling against the legality of imposed tariffs, with further appeals possible, prolonging uncertainty into next...
LNG and LPG Freight Market Update: Continued Downward Pressure
LNG spot and period rates slid further, with sharp declines on US Gulf routes due to oversupply and weak demand.
LPG freight markets...
AIS Spoofing and Deceptive Practices: How Russia’s “Shadow Fleet” Evades Sanctions
Russian "shadow fleet" tankers are increasingly using sophisticated methods, including spoofing, to disguise their activities and circumvent international sanctions. This involves manipulating their Automatic...
Microsoft Azure Cloud Services Disrupted by Undersea Cable Cuts in Red...
Microsoft has confirmed that its Azure cloud services are experiencing disruptions due to undersea cable cuts in the Red Sea. These cables are critical...
Higher Earnings Drive Investment in Smaller Geared Bulk Carriers
In recent weeks and throughout 2025, there has been a notable shift in the dry cargo sale-and-purchase market. Sales of geared bulk carriers, particularly...
EU’s Russian Oil Ban Faces Opposition from Hungary and Slovakia
The European Union intends to stick with its current plan to phase out Russian oil imports by January 1, 2028. This move is part...
Global Ethanol Association Launched to Drive Decarbonization in Shipping
A new organization, the Global Ethanol Association (GEA), has been launched in Switzerland to promote ethanol as a sustainable fuel. The non-profit aims to...
ABB and eMarine Collaborate to Bring Non-Invasive Temperature Sensing to the...
ABB is supplying 1,500 of its NINVA non-invasive temperature sensors to eMarine, a Swedish company focused on energy efficiency in the maritime industry. This...
