Global Ship Recycling Update – Week 14, 2025
The global ship recycling market experienced a mix of developments during Week 14 of 2025. While India saw a rise in steel plate prices,...
Marsa Maroc And Boluda Towage France Secure 20-Year Towage Contract At...
A consortium formed by Marsa Maroc and Boluda Towage France has won a 20-year authorization to provide towage and assistance services at Nador West...
Fincantieri To Build Two Advanced Cruise Ships For AIDA Cruises
Fincantieri, one of the world’s largest shipbuilding groups, has announced a landmark agreement with Carnival Corporation & plc to design and construct two new...
NYK To Launch Methanol-Fuelled VLCC In Collaboration With Idemitsu Tanker
In a significant stride toward decarbonizing maritime transport, Nippon Yusen Kabushiki Kaisha (NYK) has concluded a contract for the construction and long-term charter of...
Panama Canal To Launch Bidding For New Energy Pipeline Project
The Panama Canal Board of Directors has officially approved the initiation of a bidding process for the development of a new energy pipeline, aimed...
Mundra Port Sets New Cargo Handling Record
Mundra Port Becomes First in India to Cross 200 MMT Cargo Mark.
India’s Port Sector Sets New Records with Mundra Leading the Way.
...
Smart Ports and Safer Ships: The Future of Maritime Trade
Automated cargo handling increases productivity and reduces processing time.
Smart clothing and AI-driven vehicles are being tested to boost worker safety.
KT’s IoT-enabled...
Legal Battle Begins After North Sea Collision
Admiralty Court Sees Cross-Claims After North Sea Vessel Crash.
Owners of Vessels File Suit Over Jet Fuel Spill and Fatal Collision.
Investigation Points...
Fujairah Port Chief Warns Tariff Fallout May Take a Year to...
Fujairah to Add Jetties by 2027, No Mandate for Mass-Flow Meters.
Crude-Linked Bunker Rates Drop as Fujairah Charts Long-Term Plan.
Global Trade Uncertainty...
Scrubbers Found Greener Than Low-Sulfur Fuels in Lifecycle Study
Shipping Firms Get Science-Backed Nod for Using Scrubbers.
Regulators Urged to Rethink Fuel Mandates After Scrubber Findings.
Ocean Pollution Fears Eased as Scrubber...
Greek Ships Take Longer Routes to Deliver Russian Oil
Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic Sea to customers in Asia, reports...
West of Suez Tanker Rates Climb on Atlantic, Black Sea Surge
VLCC market recovers from H2 2024 lows amid tighter tonnage, steady demand.
Spike in CPC monthly cargo count supports growth in Suezmax segment.
In...
John T Essberger Bunkers Bio-LNG at Hamina Terminal for First Time
E&S Tankers has conducted the first bio-LNG bunkering for its newbuild dual-fuel chemical tanker John T. Essberger at the Hamina LNG terminal in...
Mabanaft & HIF Global to Accelerate e-Methanol in Shipping
Mabanaft and HIF Global have signed a Heads of Agreement (HoA) for the planned offtake of e-methanol and advancement of carbon-reducing fuels for the...
ZIM Signs $2.3b Deal for 10 LNG Dual-fuel Container Ships
ZIM has signed new long-term charter agreements for ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with a total charter hire valued...
French Cooperative Orders World’s First Sail-Powered Containership
A French cooperative named Windcoop has finalized a construction order for what they are hailing as the world's first sail-powered containership, reports Interesting Engineering.
Largest...
Cruise Ship Rocks Violently in Drake Passage, Passengers React with Fear...
Passengers aboard a cruise, experienced a frightening situation while traversing the notorious Drake Passage, a 600-mile stretch of water separating Antarctica from the southern...
ICCT Analysis: Methane Emissions from LNG-Fueled Ships More Than Doubled Since...
The International Council on Clean Transportation (ICCT) has released a new report analyzing greenhouse gas (GHG) emissions from the global shipping sector for the...
VLCC Market Continues Downward Trend, While North Sea Aframax Gains Momentum
This week, the MEG (Middle East Gulf) LR2 (Long Range 2) tanker market has shown signs of stabilization. The TC1 index, which tracks 75,000-tonne...
Freightos Baltic Index Reports Significant 24% Drop in Global Shipping Costs
The Freightos Baltic Index Global benchmark for shipping costs experienced a significant decline in March, dropping by 24% compared to the previous month to...
