Seatrium Secures $400M Sustainability-Linked Loan from UOB
Seatrium Financial Services, a subsidiary of Seatrium Limited, has secured a US$400 million Sustainability-Linked Revolving Credit Facility from UOB.
The facility aligns with...
Chinese Shipyards Face Headwinds: Market Share Plummets to 52% as US...
In this week's "Shipping Number of the Week," BIMCO's Shipping Analysis Manager Filipe Gouveia delves into the evolving landscape of Chinese shipyards' market share...
Decoding Global Oil Dynamics Amidst Geopolitical Tensions
Understanding the dynamics of proven oil reserves, production capacities, and market influences is crucial for comprehending the global energy landscape. While vast reserves signify...
Iran Intensifies Crackdown on Fuel Smuggling, Seizes Foreign Tanker in Gulf...
Iran's judiciary has announced that authorities have seized a foreign vessel in the Gulf of Oman on suspicion of smuggling 2 million liters of...
MACN’s Annual Report Targets Maritime Corruption, Advocating for Fairer Anti-Bribery Standards
The Maritime Anti-Corruption Network (MACN) has released its Annual Report for 2024, highlighting persistent corruption risks within the global maritime industry, with a particular...
Shanghai Port Conducts First Ship-to-Ship Green Methanol Bunkering
Shanghai Port has completed its first ship-to-ship bunkering of green methanol, demonstrating the maturity of China's domestic green fuel supply chain.
The COSCO...
COSCO SHIPPING Ports Recorded Growth in Throughput in June 2025
Recent performance data for container terminals indicates a robust growth trend, particularly in overseas operations, while Chinese terminals continue to deliver solid results.
Strong Growth...
Japan’s KEYS Azalea Bunkers NYK Line’s ASUKA III in Nation’s First...
Japan successfully completed its first-ever Liquefied Natural Gas (LNG) bunkering operation for a cruise ship on July 14, 2025. This significant milestone for the...
From Smoke to Stone: Ship Converts Emissions into Building Blocks
A groundbreaking innovation is transforming how carbon emissions are handled in the maritime and construction industries, reports The Next Web.
London-based startup Seabound has developed...
UK Club: A Guide to Safe LNG Bunkering Practices
UK P&I Club has issued its ‘A Guide to Safe LNG Bunkering Practices’ (Second Edition), developed in collaboration with Brookes Bell, presenting a practical...
[Watch] ABS: Meeting Maritime’s Methanol Demand
With the demand for methanol as a marine fuel expected to grow rapidly over the coming years, can green methanol production scale enough to...
Houthis Use UN-Funded Oil Tanker to Store & Sell Fuel, Defying...
UN-funded tanker VLCC Yemen is now under Houthi operational control and used for fuel storage and sales.
At least three ship-to-ship transfers, including...
K-Line Charts New Course as U.S. Tariff Storm Looms
Kawasaki Kisen (K-Line) is actively reducing its container service frequency and fleet capacity on U.S. routes.
CEO Takenori Igarashi confirmed that the company is...
Port State Control Targets Ballast Water Management
This year’s Port State Control Concentrated Inspection Campaign (PSC CIC), taking place from September 1 to November 30, will focus on ballast water management....
Dry Bulk Market Sees Mixed Momentum As Capesizes Surge And Panamaxes...
The global dry bulk shipping market continues to present a dynamic picture across vessel segments. Capesizes are enjoying strong gains driven by tightening tonnage...
Tanker Market: Rates Shift Amid Geopolitical Uncertainty and Regional Tightness
In the first half of July 2025, the global crude tanker market experienced mixed signals across major vessel segments. While VLCCs saw a temporary...
Strong Market Conditions Stall Ship Scrapping In H1 2025
Scrap sales of container vessels have hit record lows in the first half of 2025, as strong freight and charter markets keep older tonnage...
Wuhu Shipyard’s Fourth Eco-Efficient Chemical Tanker Earns Industry Validation
China’s Wuhu Shipyard has achieved another milestone in green shipbuilding with the validation of its fourth eco-efficient chemical tanker model.
Designed with a strong focus...
South Africa Charts Course For Maritime Decarbonization With National Task Force
South Africa has taken a decisive step toward a greener maritime future by outlining key strategies to align with IMO’s decarbonization goals, including the...
LNG-Powered Shipping On The Rise, But Long-Term Compliance Demands Green Alternatives
The global shipping industry is witnessing a sharp rise in dual-fuel vessels powered by liquefied natural gas (LNG), with forecasts projecting up to 1,200...
