PowerAlign Introduced as Cavotec’s Solution for Shore Power in Space-Limited Terminals

Cavotec has unveiled PowerAlign, a modular and mobile shore power solution tailored for container terminals. The system offers up to 140 m coverage per...

Hormuz Oil and LNG Transit Unaffected by Israel–Iran Developments

The Strait of Hormuz maintained steady oil and LNG flows in Q1 2025 despite rising Israel–Iran tensions. Around 20% of global petroleum liquids...

MOL, MISC & PETRONAS Team Up to Propel Cross-Border CO₂ Shipping

Mitsui O.S.K. Lines, Ltd. (MOL), PETRONAS CCS Ventures Sdn. Bhd. (PCCSV), and MISC BERHAD (MISC) have announced the establishment of a joint venture company,...

Tanker Rates Soar as Israel-Iran Tensions Rattle Gulf Shipping

Fears of attacks on commercial ships. Insurance premiums expected to rise. Spot tanker freight rates across Asia have surged to their highest levels of...

Fujairah May Ship Bunker Sales Dip to Three-Month Low

Sales drop 8.3% from April LSFO grade down 8.2% HSFO declines 13% Ship bunker sales at the UAE port of Fujairah saw a notable...

Mitsui OSK CEO Says Shipping in Gulf Continues, Closely Monitoring Situation

Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO...

Zhoushan Speeds Up Clearance for International Ships After Bunkering

China’s bunkering hub Zhoushan introduced on 13 June a streamlined customs clearance system for international vessels after bunkering, aiming to cut port time and...

ONE Singapore Joins Fleet, Boosting ONE’s Global Capacity

Ocean Network Express (“ONE”) announced the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming...

VLCC Freight Rates Soar Amid Middle East Conflict As Oil Market...

The intensifying conflict between Israel and Iran, described as the most severe in decades, has sent shockwaves through global oil and tanker shipping markets,...

COSCO SHIPPING Ports Posts Strong Growth Recently, Overseas Terminals Lead Performance

COSCO SHIPPING Ports (CSP), one of the world’s leading port and terminal operators, has reported robust throughput growth in May 2025, handling 9.8 million...

Cavotec Secures €1.55 Million Shore Power Deal For Port Of Antwerp-Bruges

Cavotec has signed a €1.55 million contract with Equans to deliver a shore power system for cruise vessels at the Port of Antwerp-Bruges, Belgium....

Eitzen Avanti Ro Build World’s Largest Battery-Powered Containerships

In a significant move towards maritime decarbonization, Norway-based Eitzen Avanti has secured funding to build the world’s largest battery-powered containerships, thanks to a green...

EU Transport Commissioner Tzitzikostas Outlines Vision for Greener Shipping

In a recent high-level dialogue on maritime sustainability, newly appointed European Commissioner for Transport Apostolos Tzitzikostas laid out a comprehensive strategy to decarbonize European...

AtoB@C Shipping Welcomes Hybrid Vessel Biomar, Launches Final Build

ESL Shipping’s subsidiary AtoB@C Shipping took delivery of Biomar, the seventh 5,400 dwt plug-in hybrid vessel in its 12-vessel newbuilding series—marking another important milestone...

Intoxicated Russian Captain Crashes Freighter into Moored Ship at Bremen Port

A Russian ship captain struck a moored vessel while trying to leave the port of Bremen, Germany, on Thursday evening. The accident happened at...

Navigation Error Suspected in Tanker Collision Near the Strait of Hormuz

A very large crude carrier (VLCC) and a Suezmax tanker collided approximately 15 nautical miles off the coast of Fujairah in the early hours...

Impact of Hypothetical Closure of the Strait of Hormuz on Multipurpose...

Israeli Strikes on Iran Raise Regional Shipping Concerns. Gulf Economies Depend Heavily on Strait for Breakbulk Imports. War Risk Premiums May Surge if...

Russian Oil Freight Rates to India Ease Further, Proposed EU Curbs...

Shipping Costs Fall to $5.5–$5.7 Million from Baltic Ports. Urals Crude Stays Below $60 Cap, Attracting Western Shipowners. EU Proposes New Sanctions, Eyes...

KR and HD Hyundai Samho Sign MoU for AI-Driven Ship Design

Partnership Targets AI-Based Innovation in Shipbuilding. AI to Automate Hull Support Optimisation and Analysis. Generative AI System to Streamline In-House Design Verification. On June...

Cargo Integrity Group Flags Fire Risks from Reactive Hazard Cargoes

Calcium Hypochlorite, Charcoal, and Cotton Identified as High-Risk Cargoes. New Charcoal Transport Rules to Become Mandatory by January 2026. Lithium-Ion Battery Hazards Expected...