Sailing Towards Green: World’s Largest Suction Sails Power Juice Carrier
Spanish wind-assisted propulsion company bound4blue has announced the successful installation of what they claim to be the world's largest suction sails. Four of their...
US Tariffs Trigger Sharp 9.27% Drop in UP World LNG Shipping...
The recent U.S. administrative actions, specifically the imposition of new tariffs, have sent ripples of uncertainty through global markets, causing a significant downturn across...
VLCC Market’s Early April Optimism Faces Headwinds from Tariffs and Oil...
The VLCC market commenced April with a sense of cautious optimism, particularly in the Middle East. The early part of the month saw a...
UAE Plans Expansion of Low-Carbon Shipping Fuels in Fujairah
The UAE is actively working to expand the availability of low-carbon shipping fuels at Fujairah, according to an energy ministry official speaking at a...
Stillstrom and Panama Canal Authority Explore Offshore Charging for Idling Vessels
Stillstrom by Maersk and the Panama Canal Authority (ACP) have entered into a Memorandum of Understanding (MOU) with the shared goal of investigating the...
Maritime Security Update Rising Incidents In Singapore Strait And Improved Safety...
The first quarter of 2025 has seen contrasting developments in maritime security across Southeast Asia. While piracy and armed robbery incidents in the Singapore...
AD Ports Group Signs 10-Year Lease Agreement With TW Steel At...
AD Ports Group has announced the signing of a 10-year lease agreement with TW Steel, a leading provider of prefabricated structures. The partnership aims...
Northern Offshore Services Delivers World’s First 100% Biomethanol-Powered Crew Transfer Vessel
M/V Transporter, the world’s first crew transfer vessel (CTV) powered exclusively by biomethanol, has been officially delivered by Northern Offshore Services (N-O-S). The vessel...
TMS Group Selects Ascenz Marorka’s Smart Shipping Solution For Entire Fleet
In a significant move toward digitalisation and sustainability, the TMS Group, a global leader in multi-segment shipping, has selected Ascenz Marorka’s Smart Shipping solution...
ExxonMobil And H-Line Shipping Name Two New LNG Carriers In Tribute
South Korea’s H-Line Shipping and US energy major ExxonMobil recently held a naming ceremony for two new liquefied natural gas (LNG) carriers at Samsung...
Zhoushan LSFO Premium Hits 3-Month High on Barge Shortage
Short-Term Surge in Zhoushan LSFO Likely to Fade in Q2.
China’s Fuel Oil Export Quotas Could Cap Zhoushan LSFO Prices.
LSFO Premiums Rise...
MEPC83: The Clock Is Ticking for Shipping Decarbonisation
MEPC83 Needs to Score Big on Climate or Sink the 2050 Goal.
A Carbon Levy Alone Won’t Save Shipping.
MEPC83 Must End the...
VLCC Market Rebounds in Early 2025
Freight Rates Surge After US Sanctions.
Quarterly Average Remains Strong Despite Adjustments.
Tighter Tonnage Supports Cautious Optimism.
In late December 2024, West Africa–Far East...
Alang Records Lowest Ship Recycling Numbers in Over a Decade
Ship Recycling at Alang Drops to 15-Year Low.
Only 113 Ships were Scrapped at Alang in FY25, Marking a Steep Decline.
High Freight...
WSC Calls for Global Carbon Pricing Ahead of MEPC 83
WSC urges IMO to adopt global carbon pricing to close the cost gap between fossil and green fuels.
Industry leaders stress the need...
Stella Maris Calls for Action on Shore Leave
Stella Maris UK has called for urgent protections to stop seafarers from being forced to choose between shore leave and adequate rest.
As the...
Maritime Experts Tackle Rising Cyber Threats in Athens
Experts warned about the growing weaponization of commercial shipping, urging stronger international security measures.
Cybersecurity threats in maritime operations are rising, with calls...
DP World Begins Duke Point Upgrade to Boost Global Connectivity
DP World has officially launched construction of the Duke Point Terminal expansion today, aimed at significantly enhancing Vancouver Island’s connectivity and trade resilience...
OCP Group & Maersk Join for Sustainable Supply Chain Innovation
OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk have signed a global Memorandum of Understanding (MoU), to strengthen...
Cefor: Fires & Collisions Dominate the Largest Losses
Fires and collisions are the leading causes of major marine insurance losses, often driven by hazardous cargo and navigational challenges.
Fire incidents on...