High shipping and insurance costs for the Cape of Good Hope route negate discounts on Mediterranean crude, limiting arbitrage trade for Asian refiners. ...

Panama Canal transit fees have decreased by 15% compared to last year due to increased cargo movement capacity. Improved water conditions have allowed...

During a recent event, Panama Canal leaders—including Chairman José Ramón Icaza, Administrator Ricaurte Vásquez Morales, and Deputy Administrator Ilya Espino de Marotta—outlined major projects...

The ABS-classed Liza Unity has made history as the first floating production storage and offloading (FPSO) unit to receive the SUSTAIN-2 notation from the...

Berge Bulk continues to push the boundaries of sustainable shipping, recently retrofitting its 299-meter Newcastlemax bulk carrier, Berge Dachstein, with the Renk Integrated Front-end...

German liner Hapag-Lloyd is undertaking another jumboisation project, upgrading seven vessels built about a decade ago. These ships are being modified at COSCO Zhoushan...

The Port of Helsinki reported a 0.1% decline in total cargo turnover for January-February 2025, reaching 2.23 million tonnes, according to port administration data. Cargo...

FuelEU Maritime sets strict fuel carbon intensity targets, while ETS allows emissions trading. FuelEU mandates cleaner fuels, whereas ETS offers flexibility through allowance...

China plans to allocate 6M-10M tons of new fuel export quotas. Rising tax costs push gasoline and gasoil export losses higher. Chinese refiners...

Newly released video footage has shed light on the recent collision between a container ship and a U.S.-flagged tanker off the coast of Grimsby,...

Hapag-Lloyd has initiated a program to 'jumbo-ise' its Copiapo-class vessels at China's Cosco Zhoushan Shipyard, increasing their capacity from 9,324 TEU to approximately 10,200...

DP World reported a 9.7 percent increase in revenue to $20 billion and a 6.7 percent increase in adjusted EBITDA to $5.5 billion for...

Using clean hydrogen to power berthed vessels. Advanced tech for efficient hydrogen production. First-ever green hydrogen shore power project. Innovate UK and the UK...

New Regulations Lead to a 50% Drop in Lightning Activity. Lower Sulfur Emissions Trigger Major Lightning Decline. Cleaner Fuels Reduce Thunderstorm Intensity Over...

Oil Tanker Companies Avoid Red Sea Due to Security Risks. Yemen Bans Israel-Linked Ships from the Red Sea and Arabian Sea. Longer Voyages...

Drewry WCI Drops 7% to $2,368 Per 40ft Container. Freight Rates Decline Across Major Trade Lanes. Shanghai to Genoa Sees Largest Drop at...

European Gas Storage Levels Drop Further. LNG Bunker Fuel Prices Fall in Sines. MABUX Market Differential Index Fluctuates Across Ports. At the close of...

TR 129 was developed with input from government agencies and research institutes. MPA and Enterprise Singapore established a safe bunkering framework. TR 129 outlines...

The US imposed and then quickly suspended 25% tariffs on imports from Canada and Mexico under the USMCA. Non-USMCA imports, including phones, computers,...

150 Projects Targeted for Completion by September 2025 India Aims to Be Among the Top 5 Shipbuilding Nations by 2047 Launch of Bharat...