APSEZ Acquires North Queensland Terminal for US$2.66 Billion

Adani Ports and Special Economic Zone Ltd. (APSEZ) has finalized the acquisition of the North Queensland Export Terminal (NQXT) in Australia for US$2.66 billion,...

First-of-Its-Kind Maritime Emissions System Unveiled

STAX Engineering and Seabound showcased the first integrated system that captures both air pollutants and carbon emissions directly from ships without requiring onboard...

NCFI: General Decline in Container Shipping Rates This Week

The NCFI, compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, provides weekly composite indices covering 20ft, 40ft, and Hi Cube...

NYK Line Launches First China-Built LNG Carrier for QatarEnergy Project

The "Al Tuwar" is NYK Line’s first LNG carrier constructed in China, marking a milestone in their collaboration with international partners and shipbuilders. ...

Massive Fire Erupts on Cargo Vessel at Zeebrugge Port

Fire Breaks Out on Vehicle-Laden Vessel in Zeebrugge. Blaze Hits Europe’s Largest Ro/Ro Vessel in Belgium. EV-Fueled Fire Engulfs Cargo Deck in Zeebrugge. A...

China Launches World’s Largest Cruise Terminal in Xiamen

Xiamen Terminal 2 Overtakes Miami as World’s Largest Cruise Hub. China Opens Record-Breaking Cruise Terminal in Fujian Province. China’s New Cruise Terminal is...

Port Houston’s Breakbulk Volumes Surge in March, Containers Rebound

Port Houston’s latest figures indicate continued strength in breakbulk cargo, particularly steel and project shipments, supporting the regional energy and manufacturing sectors. Container activity recovering Steel...

Port Everglades Welcomes First LNG-Powered Cargo Ship

Broward County's Port Everglades this week welcomed its first cargo ship fueled by Liquified Natural Gas (LNG). The Crowley ship, Quetzal, is one of...

Significant Maritime Surveillance Gap Found in Scotland’s Coastal Waters

A recent study conducted by Heriot-Watt University has revealed a significant gap in the maritime surveillance of Scotland's coastal waters. The findings indicate that...

Red Sea Rerouting Causes Record 14% Surge in Container Shipping Emissions

Latest data reveals that global ocean container shipping emitted an all-time high level of carbon emissions in 2024. This increase is largely attributed to...

The Johan Castberg Effect: New Norwegian Crude Scores Big with Refiners

The recent launch of Norway's new Johan Castberg crude oil brand from the Barents Sea is generating considerable excitement in the market. Initial reports...

Toxicity vs. Carbon Neutrality: The Complex Case for Ammonia in Shipping

Anhydrous Ammonia (NH3) is a colorless, lightweight, and toxic gas. Its chemical structure, lacking carbon, classifies it as a zero-carbon fuel. However, its toxic...

Bintulu LNG Outage Forces Relets, Triggering Significant Decline in Asia-Pacific Freight

Global LNG freight rates experienced a significant drop on April 16th. Sources with direct knowledge of the situation reported that at least three of...

Stolt-Nielsen Finalizes Full Acquisition of Avenir LNG, Strengthening Energy Logistics

The full acquisition of Avenir LNG Limited by Stolt-Nielsen Limited signifies a pivotal move to strengthen Stolt-Nielsen's standing as a major force in global...

European Container Market Sees Sharp Decline In Q1 2025 Amid Rate...

The first quarter of 2025 was a challenging period for the European container shipping industry, marked by a sharp contraction in spot freight rates,...

Oman And Europe Forge Green Hydrogen Corridor Via Duqm–Amsterdam–Duisburg Route

In a significant step toward clean energy cooperation, eleven key players from Oman, the Netherlands, and Germany have signed a Joint Development Agreement (JDA)...

Lloyd’s Register And Pusan National University Unite To Advance Liquefied Hydrogen...

Lloyd’s Register (LR) has signed a strategic Memorandum of Understanding (MoU) with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea,...

Loss Prevention Guide to Hull Fouling Explained

Hull fouling occurs when marine organisms like barnacles, algae, and mussels attach to a vessel's underwater hull, significantly affecting ship performance. Warm tropical...

Fujairah Marine Fuel Sales Rebound Strongly In March 2025

Marine fuel sales at the Port of Fujairah, the world’s third-largest bunker hub, saw a robust recovery in March 2025, rising 15.5% month-on-month to...

Construction Begins on First Two of Seven VLGCs in South Korea

On April 14, 2025, Solvang marked a historic milestone with the steel-cutting of the first two Panamax VLGCs (Hulls 3458 and 3459) at...