Ukraine Receives First U.S. LNG Cargo via Greece
Ukraine received its first U.S. LNG shipment at Greece's Revithoussa LNG terminal on Friday.
Cargo carried onboard the Gaslog Savannah contained approximately 100...
MOL Linked to $500M VLEC Order at Samsung
Mitsui OSK Lines linked to a order for three very large ethane carriers (VLECs) at Samsung Heavy Industries (SHI), valued at approximately US$503.5M.
...
[Podcast] Why Shipping Is Like Training for an Ultra-Marathon
Lloyd’s List’s editor-in-chief Richard Meade takes a more practical look at shipping’s alternative fuel future, and highlights the scale of the decarbonisation mountain the...
Abu Dhabi Launches MARSDNA: A New Era in Maritime Sustainability
Abu Dhabi launches MARSDNA, a free digital tool designed to help maritime sector stakeholders.
MARSDNA consolidates global ESG standards and is accessible to...
Carnival Predicts Strong 2025 Bookings Amid Cruise Demand Surge
Carnival Corp anticipates robust demand for the 2025 summer travel season, driven by strong spending on experiences.
Carnival's shares increased approximately 5% on...
Maersk Launches New Service to Strengthen Mediterranean Trade
Danish ocean carrier Maersk is consolidating the SLH and SLZ services into the new SLN – MEDITERRANEAN SEA C, reports Container News.
SLN service rotation
The...
Yang Ming Announces 2025 Trans-Atlantic Services
Taiwanese box line Yang Ming announced its 2025 Transatlantic services, set to commence in February 2025, reports Container News.
These new offerings include three service...
Port of Oakland Sees Robust Growth in Container Volumes
The Port of Oakland reported a 10% year-to-date increase in total cargo volume from January to November 2024, compared to the same period...
Seaboard Marine Introduces LNG-Powered Seaboard Victory
Seaboard Marine has introduced the Seaboard Victory, the second LNG-powered ship in its advanced V-Class fleet, with a capacity of 3,500 TEU and...
Northern Lights JV Receives Second LNG-Powered CO2 Transport Ship
The second LNG-powered liquid CO2 (LCO2) transport ship, Northern Pathfinder, has been delivered to Northern Lights JV.
Northern Pathfinder will play a critical...
Baltic Index Records Sharpest Annual Decline Since 2014
The Baltic Exchange Dry Bulk Index declined by 52.5% in 2024, its worst performance since 2014.
All vessel categories, including capesize, panamax, and...
Finnish Authorities Investigate Suspected Sabotage in Baltic Sea
Anchor Damage Likely Cause of Undersea Power Cable and Internet Outages.
Power and Internet Infrastructure Severed After Baltic Sea Incident.
International Allies Offer...
Iranian Crude Oil Prices Hit Multi-Year High Amid Tightened Sanctions
Independent Chinese Refiners Struggle with Rising Oil Costs.
Discounts on Iranian Crude Narrow as Sanctions Tighten.
Geopolitical Tensions Drive Up Iranian Oil Prices.
Iran's...
Fujairah Oil Stocks Reach Three-Month High
Refined oil product inventories at the UAE's Port of Fujairah increased by 4.7% in the week ending December 23rd, indicating a potential annual gain....
Geopolitical Tensions And Overcapacity Impact Shipping Market
The global freight market is facing significant challenges due to geopolitical tensions. The ongoing US-China trade war, the Russia-Ukraine conflict, and instability in the...
Why NASA’s Sun-Touching Spacecraft Remains Out Of Contact
NASA's Parker Solar Probe, which made history by reaching its closest approach to the Sun on December 24th, was out of contact on Christmas...
Chinese Shipbuilding Giant Delivers Record-Breaking Self-Propelled Deck Vessel
A Chinese self-propelled deck vessel with a carrying capacity of 58,000 tonnes has successfully completed sea trials and has been declared seaworthy. This vessel...
Shipbuilding Industry Faces Capacity Crunch Amidst High Demand
The surge in new vessel orders is straining the shipbuilding industry's capacity to meet demand. This high level of shipbuilding activity is reminiscent of...
Crude Tanker Market Outlook For 2025
The crude tanker market is poised for an intriguing year in 2025, with key trends favouring larger vessels like VLCCs (Very Large Crude Carriers)...
Samsung Heavy Industries Secures Major Contract For Ultra-Large Ethane Carriers
Samsung Heavy Industries (SHI) announced a significant contract to build three ultra-large ethane carriers (VLECs) for an Asian shipowner. The contract, valued at 742.2...