Climeon’s HeatPower 300 Selected for Groundbreaking Cement Carrier
Climeon has secured an order from NovaAlgoma Cement Carriers for its HeatPower 300 waste heat recovery technology, set to be installed on a pioneering...
WAF-East VLCC Market Falls to 13-month Low on Weak Demand
West African VLCC rates slide on softer fundamentals.
Firming the WAF-UKC Suezamax market could lend support.
Freight rates for Very Large Crude Carrier voyages...
French Rescue Tug Saves Tanker from Grounding Off Brittany
On Saturday night, French emergency responders saved a disabled product tanker from drifting aground off the coast of Brittany, reports Safety4sea.
Tug prevents tanker from...
Eastern Pacific Extends eSAILS Installation on Newbuild Tanker
Eastern Pacific Shipping (EPS) signed a contract for three 22m eSAILS® on the MR Tanker newbuild from New Times Shipbuilding, China.
The agreement...
ISWAN Highlights 2024 Welfare Challenges for Seafarers
Calls to ISWAN’s SeafarerHelp helpline in early 2024 showed a sharp increase in cases of abandonment (150%), mental health concerns (17%), and abuse...
Asia-Pacific Pioneers Cross-Border CO2 Shipping for CCUS
Cross-border CO2 shipping in Asia-Pacific is projected to reach 100 million mt/year by 2050.
Economic support, long-term contracts, and clear regulations are essential...
HSFO Market Remains Resilient Amid Ample Supply
Term premiums for December ex-wharf LSFO and HSFO contracts in Hong Kong rose due to supply tightness, while demand remained steady.
Hong Kong-delivered...
FMC Ends Probe Into Canadian Ballast Rules for U.S. Vessels
The Federal Maritime Commission (FMC) has closed its investigation into the impact of Canadian ballast water regulations on six U.S.-flagged vessels operating in...
ILA and USMX: A Clash Over the Future of Port Operations
The ILA and USMX are at odds over automation in ports, with the ILA opposing it due to job loss concerns, while USMX...
December Blues: Capesize Market Hits Unexpected Lows
A December to Remember
The anticipated strong finish to the year now feels like a distant memory, as Capesize spot rates have fallen to their...
Changhong International Delivers Last 5,300 TEU Container Ship To NAVIOS
The tenth 5,300 TEU container ship "ZIM ALBATROSS" (CHB2015), constructed for the Greek shipowner NAVIOS MARITIME PARTNERS L. P., was delivered and signed online...
IRClass Systems Appoints New Leadership For A Transformational Era
IRClass Systems and Solutions Pvt Ltd Announces Key Leadership Appointments Leading testing, inspection, and certification (TIC) services provider IRClass Systems and Solutions Pvt Ltd...
Green Fuel Availability Is Biggest Hurdle To Net Zero, Says Hapag-Lloyd...
Around the turn of the decade, the boss of a major German shipping company emphasizes that there will be a lot more ships that...
CSET: ‘World’s First’ LNG Dual-Fuel VLCC Gets On UNGC’s ESG+20 List
Yuan Rui Yang, the "world's first" condensed flammable gas (LNG) double fuel exceptionally huge unrefined transporter (VLCC), has been chosen as one of the...
MOL Cruises Marks MITSUI OCEAN FUJI’s Debut
Mitsui O.S.K. Lines (MOL) commemorated the official entry of MITSUI OCEAN FUJI with a naming ceremony on December 7 at the Tokyo International...
EU Ports Welcome 395.3 Million Passengers in 2023
EU ports handled 395.3 million passengers in 2023, a 5.8% increase from 2022 figures (374.0 million).
Passenger numbers remain 5.5% below pre-COVID levels...
Turbulent Week and Future Insights
Declined 0.56% last week, closing at 162.48 points, while the S&P 500 gained 0.96%.
Key Performers: Exmar NV (+34.7%) and New Fortress Energy...
NAVTOR Clarifies FuelEU Maritime Complexity with NavFleet Solution
NavFleet 2.1 automates “well-to-wake” calculations, simplifying compliance with FuelEU Maritime regulations.
Features include intuitive dashboards, digital logbook integration, and automated data validation for...
U.S. Container Import Volume Declines in November
2024 U.S. Container Imports Exceed 2023 Total by 3.5%.
November Import Decline Smaller Than Past Six Years, Shows Resilience.
Potential Tariffs and Labor...
Rescue Operation in Stormy North Sea Prevents Potential Disaster
Dutch Coast Guard Overcomes Challenging Weather to Rescue Drifting Vessel.
Severe Storm Hampers Rescue of Adrift Vessel Near Rotterdam.
Tugboats Struggle in Violent...
