Shipping Takes the Helm in Transport Decarbonization by 2050: DNV
Maritime sector emerges as most decarbonized transport by 2050.
Shipping emissions cut 77% through low-carbon fuels, CCS.
Biofuels, e-methanol, ammonia to dominate marine...
Russia Use G7 Tankers to Boost Crude Exports, Despite Lower Price...
Seaborne Russian crude exports hit 18-month high
Greek tankers hold market share after earlier retreats
EU identifies 118 tankers breaching price cap
Russia turned...
Singapore Bunker Fuel Market Charts 3.5% Annual Growth Path to 2030
The Singapore bunker fuel market is expected to reach $24.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 3.5% from...
Wallenius Sol Signs Up to Gasum FuelEU Maritime Pool
Energy company Gasum and shipping company Wallenius Sol have signed a cooperation agreement under which Wallenius Sol’s dual-fuel vessels will join Gasum’s FuelEU Maritime...
ABB to Power SwitcH2’s Floating Green Ammonia Production Vessel
ABB signs a term sheet agreement to provide automation and electrification solutions for SwitcH2’s green ammonia floating production, storage and offloading (FPSO) vessel.
...
World Container Index Drops to Lowest Level Since January 2024
Container Rates Decline for 17th Consecutive Week.
Transpacific Spot Rates Stable Amid China’s Golden Week.
Asia-Europe Trade Lane Sees Ninth Straight Weekly Drop.
Drewry’s...
ECSA Urges Investment in Seafarer Skills for Green and Digital Transition
Seafarers are Essential for Global Trade and Maritime Resilience.
Industry Faces Green and Digital Transformation Challenges.
Upskilling and Reskilling Seafarers Becomes Top Priority.
The...
Tanker Detained Off Penang for Unauthorized Anchoring
Gasoline-Loaded Vessel Held 14 Nautical Miles Off Penang.
Crew Reportedly Uncooperative During Inspection.
Investigation Launched Over Anchoring Violations and Obstruction.
Malaysian authorities took action...
Geopolitical Shifts Redraw Global Shipping and Energy Trade Routes
US-China Port Fee Dispute Adds New Market Risks.
COSCO Faces Heavy Financial Impact from Washington’s Tariffs.
Beijing Vows Retaliation Against Discriminatory Measures.
Geopolitical changes...
Maritime Industry Rallies Behind IMO’s Net-Zero Framework for Global Decarbonisation
Industry Pledges Full Support for Decarbonisation by 2050.
Call for Global Rules to Prevent Costly Patchwork Regulations.
Governments Urged to Seize Historic Opportunity...
Future of Navigation: UKHO and Marine AI Train Ships to Understand...
Marine Insight reports that the UK Hydrographic Office (UKHO) and Marine AI have launched a groundbreaking research initiative — the first of its kind...
Alabama Port Achieves 50-Foot Milestone, Strengthening Gulf Shipping Capacity
Container News reports that the Alabama Port Authority has successfully achieved a landmark dredging milestone: the Mobile Ship Channel is now confirmed at a...
New Barge Contract Marks Growth Milestone for St. Johns Ship Building
Nautical Voice reports that St. Johns Ship Building, based in Palatka, Florida, has secured a significant contract from Johnson Bros. Corporation to build three...
Höegh Evi, Snam, and HIGAS Collaborate on Sardinia LNG Expansion
Höegh Evi, Snam S.p.A., and HIGAS S.r.l. partner to modernize Sardinia’s LNG terminal in Oristano.
A floating storage and regasification unit (FSRU) will...
Strong Demand from India Drives Up Costs for Russian Crude Shipping
Freight rates for Urals crude shipments from Russia to India increased sharply in late September and early October.
Crude exports from Russia’s western...
Capesize Sector Drives Surge in Secondhand Bulker Values
Bulk carrier values are climbing steadily, driven by firm freight earnings and strong buying interest in mid-aged eco-designed vessels.
Capesize ships are outperforming...
Austal Secures $100 Million Loan to Expand U.S. Naval Shipbuilding Capacity
Austal Limited secured a US$100 million loan from Export Finance Australia to boost its shipbuilding operations in Mobile, Alabama.
The funding supports construction...
Global Shipowners Push for Decisive Climate Action at Upcoming IMO Meeting
Major shipowner associations representing about 25% of global tonnage have urged IMO members to adopt the Net-Zero Framework at next week’s meeting.
The...
Russia’s Blacklisted Tankers Keep Dumping Oil in Europe’s Seas
The issue of oil pollution from Russian-linked vessels, referred to as the "shadow fleet," continues to pose an environmental risk near European shores despite...
Capesize Rates Climb on Pacific Routes as Tonnage Thins
The dry bulk market has exhibited varied trends across the major vessel segments, with Asian holidays impacting the start of the week but a...
