NCFI Report a Significant Uptick in Freight Rates
The latest Ningbo Containerized Freight Index (NCFI), published on March 28, 2025, reveals varied trends across major shipping routes from the Port of Ningbo,...
DNV: Ensuring Safe, Efficient Operations of Shuttle Tankers
DNV has released a comprehensive white paper titled "Shuttle Tankers – Ensuring Safe, Flexible, and Efficient Operations," offering an in-depth analysis of the critical...
Deadly, Drug-resistant Fungus Spreading at ‘Alarming Rate,’ CDC Warns
The Centers for Disease Control and Prevention (CDC) has issued a warning about the alarming spread of Candida auris, a highly drug-resistant fungus that...
North Sea Collision: Damaged Cargo Ship Towed to Scotland
A U.S.-flagged oil tanker involved in a collision with a Portuguese container ship in the North Sea on March 10, 2025, is set to...
MPA Singapore: Changing the Shape of Future Maritime Workforce
MPA Singapore is partnering with AWS to develop AI-powered solutions like the Maritime AI–ML Digital Hub, optimizing fuel use, route planning, and emissions...
Plug and Play Partners with MPA to Drive Maritime Innovation
Maritime Singapore to Benefit from Global Startup Network Through Plug and Play.
Plug and Play Joins Forces with MPA to Fast-Track Maritime Transformation.
...
U.S. Tariffs on Canadian Crude Reshape Global Trade Flows
Canadian Oil Exports to Europe Surge Amid U.S. Tariff Pressure.
Aframax Tankers Benefit as Canadian Crude Shifts to European Markets.
Mediterranean Tanker Rates...
NTSB Recommends Vulnerability Assessments for 68 Bridges
Bridge Collapse Risk Prompts NTSB to Recommend Nationwide Evaluations.
Key Bridge Collapse Sparks Urgent Review of Older Bridges.
Bridge Owners Advised to Assess...
Freight Rates for Russian Oil to India Decline from Record Highs
Urals Oil Prices Drop Below $60, Lowering Shipping Costs.
Western Shipowners Resume Services for Russian Oil.
Freight Costs May Fall Further Amid Possible...
Norwegian Consortium Explores Carbon Capture on LNG-Fuelled Ships
The Norwegian LNGameChanger project aims to develop onboard carbon capture systems for LNG-fueled ships using solid oxide fuel cells (SOFC).
Led by HAV...
ClassNK Grants Approval to Rigid Windsail of OceanWings
ClassNK has issued an approval in principle (AiP) for a Rigid Windsail Type Wind-Assisted Propulsion System (WAPS) developed by OceanWings. The certification confirms its...
AD Ports & Oylz Terminals Ink 50-Year Deal for Petroleum Storage...
AD Ports Group has signed a 50-year agreement with UAE-based Oylz Terminals to establish a cutting-edge clean petroleum storage facility at Khalifa Port.
...
Monjasa Delivers First ISCC-Certified Biofuel in Panama
On 2 February 2025, Monjasa supplied 900 mts of ISCC-certified biofuel to NYK’s Hestia Leader at Cristobal, Panama.
The operation, conducted by Monjasa...
KNCC Secures AiP for LCO₂ Carrier and Floating Storage Unit
NCC secured AiP from ClassNK for its LCO₂-EP carrier, which transports liquefied CO₂ at ambient temperature, reducing energy costs.
KNCC, NYK, and ENEOS...
Hurtigruten’s Sea Zero Project Advances Towards the World’s Most Energy-Efficient Cruise...
Sea Zero project undergoes key testing at SINTEF Ocean, refining its zero-emission cruise ship design.
The new design features two retractable sails, improving...
DNV Awards AiP to MARIC for Ammonia-Ready Kamsarmax Bulk Carrier
DNV granted AiP to MARIC for an ammonia-ready Kamsarmax bulk carrier with a reinforced hull and reserved space for future ammonia fuel systems.
...
Panama Removes Dozens of Tankers from Registry in Response to Blacklisting
Panama has announced its intention to cancel the registration of 128 ships flying its flag. This action is in response to these vessels being...
MABUX Global Bunker Indices Show Moderate Increase, Scrubber Spread Declines
During the 13th week, the MABUX Global bunker indices showed a consistent, moderate increase across all fuel types, reports MABUX on LinkedIn.
Global Scrubber Spread
Scrubber...
Decline in Seaborne Crude Oil Trade Impacts Tanker Market and Voyage...
A decline in seaborne crude oil trade volumes in recent years has been noted, particularly in comparison to the 2019 average. Consequently, this decrease...
New Guidelines for DRI Shipping Focus on Hydrogen Production and Temperature...
The International Group of P&I Clubs (IGP&I) has released a circular providing guidelines for the safe handling and transportation of Direct Reduced Iron (DRI),...
