Shifting Dynamics in Dirty Tanker Flows from the Arabian Gulf
Far East and India Maintain Strong Oil Demand While Europe Sees Decline.
Crude Oil Price Volatility Shapes Global Energy Markets.
Brent Crude Expected...
U.S. Expands Sanctions on Iranian Oil Transport
OFAC sanctions four VLCCs and two Aframaxes for transporting Iranian crude.
Houthis resume attacks after U.S. airstrikes, targeting American warships.
Suezmax earnings reach...
U.S. Expands Sanctions on Iran’s Oil Exports, Targets Chinese Teapot Refinery
Beijing calls the measures "illegal" and vows to continue Iranian oil imports.
The fourth round of sanctions aims to cut Tehran’s oil exports...
US Port Fees to Disrupt Two-Thirds of the Tanker Fleet
The USTR plans hefty fees on vessels linked to Chinese shipyards or operators.
Only 36% of crude and 35% of product tankers will...
DP World to Begin £1bn London Gateway Expansion
DP World will begin a £1 billion expansion of London Gateway in May 2025, which will take four years to complete.
The project...
NCFI: Mixed Market Trends with Increased Rates to the Middle East
The Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, offers a comprehensive look at freight...
Lessons Learned: 3 Deaths in Bulk Carrier Accident
UK MAIB reports of a fatal accident on a bulk carrier claiming three lives.
The Incident
On the morning of 27 June 2022, three unconscious stevedores...
U.S. Maritime Administration Grants License for Delfin LNG Deepwater Port
The Maritime Administration approves Delfin LNG's offshore LNG export port in Louisiana.
It will be the U.S.'s first offshore LNG export facility.
The...
Wisdom Marine BOD Approves Acquisition of 39,000dwt Bulk Carriers
Taiwan based Wisdom Marine Group says its Board of Directors has approved the purchase of two 39,000 DWT bulk carriers, reports Port News.
Date of...
ITOPF: Impact of Incidents with Battery-Powered Vessels
Battery-powered vessels introduce unique hazards, like fires and toxic gas emissions.
Incidents affect crew safety, vessel stability, and cleanup efforts.
Regulations need updates...
LomarLabs & Newlight Lead Hydrogen-Diesel Retrofits for Greener Shipping
LomarLabs and Newlight are partnering to develop hydrogen-diesel retrofit solutions for ships, aiming to reduce fuel consumption by 20–30%.
A pilot installation is...
Pioneering Sustainable Maritime Propulsion with GreenForge® Technology
BERG Propulsion is pioneering climate-neutral propeller shafts using GreenForge® steel, which cuts CO₂ emissions by 95% through renewable electricity and biogas.
Louis Dreyfus...
Smart Maintenance In The Maritime Industry A Feasibility Study
Predict Marine, KOTUG, and ProAnalytics have joined forces to launch a pioneering feasibility study on smart maintenance in the maritime industry. This one-year project,...
Advancing Maritime Decarbonization With SOFC And PSA Technology
HD KSOE and its subsidiary HD Hydrogen are exploring the integration of Pressure Swing Adsorption (PSA) carbon capture technology into Solid Oxide Fuel Cells...
Iraq Inaugurates New Maritime Line with Arrival of South Korean Giant...
Iraq Strengthens Maritime Trade with South Korea’s HMM Vessel Arrival.
Iraq Expands Global Trade Ties with Inauguration of New Maritime Route.
Umm Qasr...
HD Hyundai Mipo Delivers South Korea’s First Hybrid Ro-Ro Vessel
South Korea Launches First Hybrid Ro-Ro Ship, Marking a Maritime Milestone.
Hyundai Mipo Unveils Chaumine, A Next-Gen Hybrid Car Carrier.
Hyundai Mipo Delivers...
Mitsubishi Shipbuilding Nets Orders for 3 Methanol-Fueled RORO Vessels
Accumulated technology for alternative fuel utilized to support the construction of methanol-fueled RORO vessels.
High-performance dual-fuel engines reduce CO2 emissions per transport unit...
NORDEN Sells Fleet, Pushes Forward with Share Buybacks
Danish shipping company NORDEN has sold five vessels since the release of its 2024 Annual Report on 6 February 2025, in line with its...
Global Shipping Lines Post $60 Billion Profit in 2024, Outpacing Pre-COVID...
Major shipping lines reported a combined 2024 EBIT of $27.3 billion, significantly lower than the record-breaking 2021-2022 period.
2024 profitability surpasses pre-COVID years,...
Crowley and Naturgy Unveil First U.S. LNG Carrier, American Energy
Crowley raises the U.S. flag on American Energy, the first U.S.-flagged LNG carrier transporting U.S.-sourced LNG to Puerto Rico.
Multi-year agreement with Naturgy...