GLBP And Dunmura Sign LNG Supply Agreement To Boost Marine Fuel...
Galveston LNG Bunker Port LLC (GLBP) and Dunmura Ltd have signed a Sales and Purchase Agreement (SPA) for the supply of liquefied natural gas...
ABS And SIT Forge Partnership To Advance Maritime Innovation
The American Bureau of Shipping (ABS) and the Singapore Institute of Technology (SIT) have signed a Memorandum of Understanding (MOU) to drive advancements in...
Japan’s Maritime Industry Revolution OCEANS Laboratory
This initiative marks a significant step toward transforming Japan’s maritime industry through cutting-edge research, industry-academia collaboration, and advanced technology integration. Here are some key...
EU Operator Notification Requirement For Excepted Cargoes Under The 16th Sanctions...
This notification requirement under Article 5ae(5) of Council Regulation (EU) 833/2014 is particularly relevant for EU operators involved in excepted cargo transactions under the...
Avenir Ascension Becomes World’s First Bio-LNG Bunker Vessel
Starting April 1, 2025, Avenir LNG's 7,500 cubic meter (cbm) bunker vessel, Avenir Ascension, will operate entirely on bio-LNG until the end of the...
Weather Disrupts February Cargo at Port Houston, Recovery Underway in March
Severe fog halted vessel navigation for 14 days, cutting channel availability by 29%.
Containerized cargo dropped 13%, with imports down 14% and exports...
MBF and ZESTAs Partner to Drive Zero-Emission Shipping Forward
MBF and ZESTAs signed an MOU to promote zero-emission shipping, board Hydromover, Singapore’s first electric cargo vessel.
The partnership focuses on battery-powered solutions,...
Wärtsilä Extends Support for Viking Line’s Newest Ferry
Wärtsilä extended its five-year Lifecycle Agreement with Viking Line for M/S Viking Glory, covering dual-fuel engines, LNG systems, and predictive maintenance.
The agreement...
ME-GI Engine Nears 1,000 Orders
MAN’s ME-GI dual-fuel engine nears 1,000 orders, leading in container shipping and tankers.
MSC operates 125+ ME-GI engines, driving dual-fuel fleet expansion.
High...
OECD Calls for Stronger Cooperation to Sustain Ocean Economy
The ocean economy doubled from USD 1.3 trillion in 1995 to USD 2.6 trillion in 2020, but without policy action, climate change and...
Two Vessels Collide Near Ningbo; 1 Dead, 3 Injured
A collision between two vessels near Yangmao Island, Ningbo, in the early hours of 30 March resulted in the sinking of a bulk carrier,...
Norwegian Cruise Line Unveils World’s First Hybrid Slidecoaster
Norwegian Cruise Line’s Aqua Slidecoaster combines a roller coaster and water slide, featuring a magnetic lift and speeds up to 31 mph, launching...
Wilhelmsen & Partners to Accelerate Marine Electrification in Singapore
Wilhelmsen Port Services signed a Memorandum of Understanding (MoU) on 26 March with Yinson GreenTech and R W Marine Services, to accelerate the adoption...
NYK Expands Energy Shipping Business with 80% Acquisition of NEO
Nippon Yusen Kaisha (NYK) has acquired an 80% stake in NYK Energy Ocean Corporation (NEO) for approximately 76 billion yen, expanding its energy...
Dry Bulk Market Sees Mild Recovery as Q1 of 2025 Ends
Cape Sector Outperforms as Dry Bulk Market Recovers Slightly.
Trade Tensions and Tariffs Weigh on Dry Bulk Market Outlook.
U.S. Port Charges on...
UP World LNG Shipping Index Drops as Market Volatility Increases
UP World LNG Shipping Index Declines 2.04% on Market Volatility.
Renewed U.S. Tariff Debates Drive Sharp Global Stock Market Decline.
Spot LNG Rates...
Sea Robbery Incidents Surge in the Singapore Strait, ReCAAP Warns
ReCAAP Raises Alarm Over Rising Sea Robbery Cases in the Singapore Strait.
Six Sea Robbery Incidents Reported in Three Days in the Singapore...
U.S. Port Fees on Chinese Ships Trigger Industry Shifts
ExxonMobil Cancels Chinese Ship Order Amid Looming U.S. Tariffs.
China’s Shipbuilding Dominance Faces Threat as U.S. Weighs Port Fees.
South Korea’s Shipbuilders Poised...
Dutch Initiative to Build World’s First Hydrogen-Powered Cargo Ship
A new initiative, spearheaded by the Dutch Innovation Company (NIM) and backed by the Dutch government, is underway to create what they aim to...
Oil Demand Growth Slows, Freight Rates Show Regional Variations
According to the IEA Global Energy Review, global oil demand growth has significantly decelerated in 2024, experiencing only a 0.8% year-on-year increase. This is...
