NYK Becomes First Japanese Firm To Purchase Climeworks’ CDR Credit Portfolio...

In a strategic move toward achieving net-zero carbon emissions, NYK has entered a three-year agreement with Swiss climate tech company Climeworks to purchase a...

Lessons Learned: Foot Fracture During Elevator Inspection

During scheduled monthly inspections of an elevator on a large vessel, unplanned upwards movement of the elevator caused someone to get their foot to...

NatPower H, HyNaval Sign MoU on Green Hydrogen

NatPower H and HyNaval have signed a memorandum of understanding (MoU) to collaborate on the development of innovative maritime decarbonization solutions through the...

[Podcast] Freight Loop: Cancelled Sailings and Tariffs Analysis

In this Freight Loop, Drewry analyses the effects of tariffs on the surge of ’cancelled sailings’ and carrier capacity - and provide insight into...

Drewry World Container Index Drops 1% to $2,076 This Week

Drewry’s World Container Index decreased 1% to $2,076 per 40ft container this week. Detailed assessment for Thursday, 08 May 2025 The Drewry WCI composite index...

Maersk Makes Solid Start to 2025

Maersk reports revenue growth of 7.8% to USD 13.3bn with EBIT increasing to USD 1.3bn from USD 177m a year ago. These results...

Tanker Allides with Brunsbuttel Lock Wall in Kiel Canal

A CO2 tanker allided with the center wall of a Brunsbüttel lock in the Kiel Canal, Germany, reads a Marine Traffic article. Tanker collides with...

US Energy Industry Warns New Rule Could Hurt LNG Export Competitiveness

The U.S. energy industry is expressing significant concerns regarding a new rule that would mandate an increasing percentage of liquefied natural gas (LNG) exports...

SAAM Terminals Gathers Port Leaders in Iquique

Port Industry Challenges and Growth Discussed at SAAM Event in Iquique. Dialogue, Leadership, and Strategy at the Core of SAAM’s Port Gathering. SAAM...

Massive Blank Sailings Hit Asia-North America Shipping Amid Trade War

Analyzing the deployed capacity in April 2025 along with the scheduled capacity for May 2025 reveals that a significant portion of the initially planned...

India Issues Guidance on IMO Net-Zero Strategy

DGS Releases Compliance Framework for IMO’s GHG Fuel Intensity Rules. Indian Maritime Stakeholders Urged to Prepare for 2027 GFI Mandate. Guidance Note Outlines...

China’s Seaborne Crude Imports Reach Eight-Month High

China’s Crude Imports Hit 10.9 mbd, Highest Since August 2023. Stockpiling Accelerates as Chinese Traders Exploit Falling Prices. State-Owned Firms Lead April Inventory...

ADB’s Sustainable Maritime Fund Gains Backing from GCMD Expertise

The Global Centre for Maritime Decarbonisation (GCMD) has announced a new knowledge partnership with the Asian Development Bank (ADB). The signing of this agreement...

Ceasefire Opens Path for Ships to Depart

Seafarers Prepare to Leave Yemen Waters After Ceasefire. Shipping Risks Remain High Despite U.S.–Houthi Agreement. Ceasefire Excludes Israeli-Linked Targets, Threats Continue. About 200 sailors...

Singapore’s DSTA and Windward Collaborate on Maritime AI Research and Development

The Defence Science and Technology Agency (DSTA) of Singapore and Windward Ltd, a prominent US-based company specializing in maritime Artificial Intelligence (AI), have entered...

Chinese Shipping Firms Face US Exit Under New USTR Proposal

COSCO and Other Giants May Be Forced to Reroute Fleets. Over Half of Global Dry Bulk Fleet at Risk of Fee Exposure. Capesize...

Peninsula and University of Gibraltar Join Forces to Develop Alternative Marine...

Peninsula, a global leader in marine energy solutions, and the University of Gibraltar have formalized a partnership through the signing of a Memorandum of...

International Maritime Leaders to Gather in Athens for ‘Shaping the Future...

The Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic, ICS, and UGS will co-host a high-level shipping summit in Greece. ...

Weekly Bunker Market Overview – Signs of Recovery After Price Declines

Global bunker fuel indices saw notable declines in Week 19, with all key grades—380 HSFO, VLSFO, and MGO—recording lower prices. Scrubber Spread trends...

Clean Maritime Alliance Urges EU to Enact Stronger Policies Following IMO...

A coalition of 82 stakeholders from clean maritime and green hydrogen sectors is pressing the EU for firmer policies to ensure climate goals...