A potential lifting of the Russian crude ban could significantly impact the global oil tanker market. It might lead to increased demand for larger...

The global bunker fuel market experienced a slight decline in prices during the 50th week of the year. The prices of High Sulfur Fuel...

The Poseidon Principles, a framework for assessing the climate impact of shipping portfolios, has shown that financial institutions are increasingly aligning their investments with...

Designing shipyards is a complex task due to the diverse nature of vessels being built, ranging from simple to complex. The optimal layout and...

Moody’s Investors Service has affirmed the Port of Oakland’s senior lien rating at A1 stable, reflecting strong liquidity, robust debt service coverage, and...

Rongsheng Heavy Industries, once the largest private Chinese shipbuilder, has resumed operations as Jiangsu New Rongsheng Heavy Industry after bankruptcy. The yard has...

Total cargo shipments reached 32.3 million metric tons by November, matching 2023 levels and demonstrating the reliability of marine shipping. Key increases were...

UECC introduces the Blue Aspire, a dual-fuel LNG Pure Car and Truck Carrier (PCTC) with advanced eco-friendly features. The 200-meter-long vessel can carry...

A pilot wherein organizations planned their waste streams through the geoFluxus Squander Profile Stage has taken the round economy in the Rotterdam port region...

COSCO Delivery Energy Transportation (CSET), part of China COSCO Delivery Company Restricted, has as of late marked a development contract with countryman COSCO Shipbuilding...

 Giacomo Calamari, a recognized pioneer with 25 years of involvement across all big hauler sections, is set to send off an imaginative new pursuit...

The European Association, with the reception of the European Green Arrangement, has flagged its commitment towards turning into a carbon free economy. In this...

Courageous by the danger of extra overcapacity, MSC has requested a further ten 24,000 teu LNG double fuelled vessels from China's Hengli Weighty Industry...

FUMES 2, led by ICCT, focuses on methane emissions from LNG-powered ships. The project aims to deliver comprehensive data on methane slip and...

Bulk shipments of scrap iron and steel are prone to self-heating, flammable gas production, especially hydrogen, leading to serious fire and explosion risks. ...

ReCAAP reports a sharp rise in piracy incidents in 2024, with 86 attacks and 17 involving violence. Recent incidents in the Singapore Strait...

December's ex-wharf contracts were concluded at premiums of $6-$10/mt, down from November's $13-$17/mt. Ample LSFO cargo inflows from the West to the Far...

Dry bulk newbuilding contracting has dropped 70% below the yearly average over the past three months, influenced by low freight rates, uncertain demand,...

Drewry’s World Container Index remained stable at $3,529 per 40ft container this week. Detailed assessment for Thursday, 12 December 2024 The Drewry WCI composite index...

CIMC Sinopacific Offshore & Engineering has signed a deal with compatriot Fuzhou Wuyang Refined Oil Trading to build up to two LNG bunkering...