Bearish Sentiment Dominates VLCCs, While Supramax and Aframax Face Regional Headwinds

The past week (roughly May 22-29, 2025) has seen a notably slow period for VLCC (Very Large Crude Carrier) activity in the tanker market....

Capesize Tonnage Tightens in Far East, Panamax and Supramax Rates Soften...

In the Pacific basin, there's a reasonable level of enquiries from both miners and operators for early-to-mid June dates. This suggests some underlying activity...

Mitsui O.S.K. Lines Wins Prestigious WIPO Prize for Groundbreaking Rigid Wing...

Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, today announced a significant achievement in sustainable shipping. The company's "Invention of...

Wärtsilä to Power USA’s First Zero-Emission Electric High-Speed Ferries

Wärtsilä will supply the complete electric propulsion system for three zero-emission, battery-electric high-speed ferries, marking the first such vessels built and operated in...

Lomarlabs and BlueNose Collaborate on Shipping Aerodynamics

lomarlabs and BlueNose will integrate AI-driven shape generation and advanced materials to reduce ship air resistance and deliver up to 5% fuel savings. ...

MOL’s Hydrogen-Biodiesel Hybrid Vessel Hanaria Wins Japan’s “Ship of the Year...

Hanaria, Japan’s first passenger ship powered by hydrogen and biodiesel, wins the 2024 "Ship of the Year" award from JASNAOE. Developed by MOL...

BIMCO: Oil Tanker Outlook Highlights Market Uncertainty

The crude tanker market is expected to remain balanced in 2025 before edging weaker in 2026, while product tanker capacity growth will outpace...

Mexico Opens Ethane Terminal, Boosting Trade and Shipping

The newly inaugurated TQPM import terminal in Coatzacoalcos will supply 80,000 bpd of ethane to Braskem-Idesa’s 1.05 mtpa cracker, resolving chronic feedstock shortages...

Norway Leads the Way with Ambitious Green Ship Orders

Norway’s fleet, valued at USD 66.2 billion, ranks Tankers and MODUs as its most valuable segments, while Small Dry boasts the highest vessel...

U-Ming Marine Recognized with Dual ISO Cybersecurity Certifications

U-Ming has appointed a Chief Information Security Officer and staff, meeting legal and regulatory cybersecurity requirements. The company implemented ISO 27001 and ISO...

Icebreaker Expertise in Korea and Japan Gains Importance in U.S. Trade...

Korea and Japan’s icebreaker technologies are gaining importance in U.S. tariff talks as Washington seeks partners to develop Arctic shipping routes to counter...

CMA CGM Partners with NIKE to Launch First Zero-Emission River Barge

CMA CGM has launched Vietnam’s first fully electric container barge, powered by a solar farm and a charging station. NIKE is the first...

Libya Implements New Underwater Hull Inspection Rules

Libya requires vessels within 12 nautical miles to undergo underwater hull inspections at designated locations. New security measures include stricter arrival procedures, increased...

Cook Islands Seeks Clarity After Removal from Maritime Data Group

The Cook Islands were removed from the Registry Information Sharing Compact (RISC) in May 2025, reportedly due to a potential violation of unspecified...

Finnlines, Deltamarin, And Weihai Shipyard Launch Hansa Superstar-Class RoPax Vessels

Finnlines has taken a major step toward sustainable and high-capacity maritime transport with the signing of a new contract to build next-generation Hansa Superstar-class...

Milaha And Fincantieri Forge Strategic Partnership To Advance Qatar’s Maritime Capabilities

Qatar Navigation Q.P.S.C. (Milaha), the region’s premier maritime and logistics provider, has signed a landmark Memorandum of Understanding (MoU) with global shipbuilding giant Fincantieri. The...

FDA’s New COVID Vaccine Policy May Limit Future Access

The FDA now determines vaccine eligibility groups solely. Healthy adults under 65 may face limited access. Annual vaccine updates are recommended to tackle...

IMO’s Shipping Emissions Scheme Marks Historic First Step, But Falls Short...

The International Maritime Organization (IMO) has finalized a framework to introduce a global carbon pricing mechanism for shipping emissions—marking the first time such emissions...

MOL Leads In Early Adoption Of Technology-Based CDR Credits

As the global push for decarbonization accelerates, demand for carbon dioxide removal (CDR) credits—especially those based on advanced technology—is gaining momentum. These credits aim to...

ECSA Freight Slows in May, But June Cargo Surge Could Lift...

May cargo volumes may be lower compared to April Pacific performance raises concerns for ballasters Soybean shipments see modest declines The South Atlantic grain...