Baltic Exchange, Veson Nautical Refit Baltic99 for Bulk Carrier Vetting
Baltic Exchange and Veson Nautical launch revamped Baltic99 Questionnaire to enhance bulk carrier vetting processes.
The questionnaire is designed to help owners and...
Dry Bulk Market: Capesize Rises, Panamax Struggles, Supramax Holds Steady
Capesize
On the West Australia front, we see a significant uptick in inquiries from operators and tenders alike for 10 March onwards. Some were seeking...
Tanker Market Sees VLCC Volatility, Suezmax Weakness, Aframax Stability
VLCC: Quiet due to IE week, volatile rates, high WS 50s to China, WS 57.25 for Brazil-FE. Market expected to tighten post-IE week.
...
Industry Leaders Unite to Launch Smart Container Alliance
Smart Container Alliance launched to enhance global trade security.
Collaboration among industry leaders, regulators, and enforcement agencies.
Supports EU Customs Union reform and...
Analysis: US Port Fees Add New Strain to the Container Supply...
U.S. port fees raise costs for Chinese-built ships, impacting global carriers.
Shipping lines may reduce U.S. calls and shift to Canada/Mexico.
Red Sea...
World’s First Ship-Based CO₂ Capture “Marine Factory”
AGOGO FPSO, the world’s first FPSO with offshore CCS, was named in Shanghai.
It will operate in Angola, producing 120,000 barrels per day...
New Bat Coronavirus Identified By Wuhan Scientists
Scientists at the Wuhan Institute of Virology have identified a new bat coronavirus, HKU5-CoV-2, which can enter human cells using the ACE2 receptor, similar...
Hoegh Aurora Becomes Largest Car Carrier to Transit Panama Canal
Panama Canal Strengthens Role in Global Maritime Trade with Historic Transit.
World’s Largest Car Carrier Showcases Canal’s Capacity for Next-Gen Vessels.
Hoegh Aurora’s...
Turkiye-Abu Dhabi Ports Negotiation Failure
The collapse of port expansion negotiations between Turkiye and Abu Dhabi Ports (ADP) represents a significant economic and strategic setback for both countries. Turkiye’s...
ZEMBA Opens Bidding for E-Fuel Shipping Tender
86 Billion Tonne Nautical Miles of E-Fuel Shipping Demand Aggregated.
ZEMBA’s Tender Aims to Cut 500,000 Metric Tonnes of GHG Emissions.
Bidders Must...
Tsakos Energy Navigation Expands Shuttle Tanker Fleet With $1.3 Billion Investment
Tsakos Energy Navigation (TEN), a New York Stock Exchange (NYSE)-listed company led by Dr. Nikos Tsakos, is reinforcing its position in the Shuttle Tanker...
EDGE And Fincantieri Expand Partnership To Strengthen Underwater Defence Capabilities
EDGE, a global leader in advanced technology and defence, and Fincantieri, a world-renowned shipbuilding group, have signed an enhanced Memorandum of Understanding (MoU) to...
SASHA Coalition Releases Position Paper on Clean Industrial Deal
Shipping and Aviation Account for 3% of Global Emissions Each.
Europe’s Transport Emissions: Shipping at 13.5%, Aviation at 14.4%.
Aviation Emissions Have Increased...
Capesize Freight Market Trends South Atlantic Ballasters & Baltic Rates
Recent market observations suggest shifting dynamics in the Capesize freight market, driven by changes in iron ore stockpiles, vessel repositioning, and freight rate fluctuations.
Key...
LNG Bunkering of Mein Schiff Relax in Trieste
Ravenna Knutsen Supports LNG Refueling Operation in Italy.
Adriatic Sea Emerges as a Key LNG Bunkering Hub.
Edison Expands LNG Infrastructure with New...
Port of Hamburg: Growth in Container Throughput and Rail Transport
Hamburg saw slight growth despite uncertainties.
Trade with China, the USA, India, and Sri Lanka grew.
Fossil fuel cargo declined, and agricultural exports...
Ship Managers Raise Concerns Over IMO’s GHG Regulations, Advocate For Fairer...
Ship managers are raising concerns about the IMO's upcoming net-zero framework. They are proposing specific changes to enhance the effectiveness of these regulations, reports...
KOBC Announces 3.4 Trillion Won Investment In Maritime Sector
The Korea Ocean Business Corp. (KOBC), a state-run entity, has announced a significant investment of 3.4 trillion won (US$2.4 billion) for the current year,...
Report Reveals High Emissions from Norwegian Fleet, Calls For Decarbonization Measures
According to a recent climate report from the Norwegian Shipowners’ Association, their member fleet released 28.7 million tons of CO2 equivalents in 2024. This...
Furetank Takes Strategic Step Towards Decarbonization With Bio-LNG Bunkering
Furetank has achieved its first bunkering of 200 tonnes of ISCC-certified Bio-LNG, facilitated by partnerships with STX Group and Molgas. The Fure Viken tanker...
