$17.5 B LNG Project Awards Dredging Contract to U.S. Giant
Great Lakes Dredge & Dock Corporation (GLDC) has been awarded the dredging contract for the Louisiana LNG project operated by Woodside Energy.
The...
US Sanctions Relief Paves Way for Syria to Revitalize oil Trade...
In a significant shift in its foreign policy, the United States has removed Syria's oil ministry, its two refineries (Homs and Banias), and its...
MOL Bay Links to Drive Competitiveness and Synergies in MOL Group’s...
Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, announced today, July 3, 2025, the establishment of MOL Bay Links Co.,...
Capesize Sees Renewed Activity, While Panamax and Handysize Remain Pressured
The Capesize market is seeing renewed activity, particularly on the C5 route from West Australia. There's been a noticeable uptick in enquiries from operators,...
Ocean Network Express Opens New Office in Greece
Ocean Network Express (ONE) will launch its Greece Foreign Branch in November 2025, enhancing its presence in the Mediterranean.
The new branch will...
VLCC Rates Plummet 50% as East Sees Highest Tonnage Supply of...
With the Iran-Israel conflict now seemingly settled, the tanker market appears to be entering its anticipated summer phase, characterized by a notable surge in...
ECT Commences Electrification of AGVs and Terminal Trucks with EU Support
Hutchison Ports ECT Rotterdam (ECT) has officially commenced its ambitious plan to electrify operations at its Euromax terminal, marking a significant step towards its...
CSSC Shanghai Waigaoqiao Delivers 15 Ships, Wins 8 New Contracts
Shanghai Waigaoqiao Shipbuilding delivered 15 vessels totaling 1.40 million DWT and secured 8 new ship orders in H1 2025.
The shipyard launched the...
KR Unveils First Ever Boil-Off Gas Recycling Demo
HD Hyundai Heavy Industries successfully conducted the world’s first technical trial to recycle boil-off gas (BOG) generated during LNG-powered ship construction.
The process...
HKC Implementation Faces Headwinds in Key Shipbreaking Nations
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), initially adopted in 2009, has had a protracted and...
HD Hyundai Units Team Up To Accelerate Autonomous Ship Technology
Two affiliates of South Korea's HD Hyundai — Avikus and HD Hyundai ENT — have signed a memorandum of understanding (MoU) to fast-track the...
Zhoushan Becomes First Chinese Port To Launch e-BDNm For Bonded Bunkering
Zhoushan has made history by becoming the first port in China—and the third globally—to implement electronic bunker delivery notes (e-BDN), marking a key milestone...
Wärtsilä And Alpha Gas Strengthen LNG Fleet Reliability With Five-Year Lifecycle...
Wärtsilä Corporation has signed a new five-year Lifecycle Agreement with Greece-based LNG shipping company Alpha Gas, covering two LNG carriers powered by Wärtsilä 34DF...
MSC Orders Six LNG Dual-Fuel Megaships From Chinese Yard, Expanding Ultra-Large...
Mediterranean Shipping Company (MSC), the world’s largest container line, is ramping up its fleet expansion strategy by placing new orders for ultra-large vessels.
The latest...
PowerCell Secures SEK 44 Million Deal For 1 MW Marine Fuel...
In a major step toward scaling marine decarbonization technologies, PowerCell has signed a SEK 44 million agreement with a leading Italian marine OEM for...
Port of Gothenburg And Inter Terminals Sweden Sign 25-Year Agreement
The Port of Gothenburg has signed long-term lease and port dues agreements with Inter Terminals Sweden, solidifying a 25-year partnership that supports sustainable growth...
BHP Charters COSCO’s 1st Ammonia Dual‑Fuel Newcastlemax Duo
Australian mining giant BHP has taken a significant step toward greener maritime operations by chartering two newbuild Newcastlemax bulk carriers from COSCO Shipping Bulk,...
Port Houston Celebrates Funding of Project 11
Port Houston marked a major milestone in June with the announcement that the Houston Ship Channel Expansion, widely known as Project 11, has received...
[Podcast] Can Green Methanol Power the Shipping Revolution?
In an ABS insightful video, industry experts delve into the growing demand for methanol as a cleaner marine fuel, exploring both the drivers behind...
Freightos: Transpac Rates Slide on Early End to Peak Surge
Transpacific container shipping rates have fallen sharply as the anticipated peak season appears to have ended earlier than expected. After surging in mid-June due...
