CoolCo and EPS Ventures Reach Agreement in Principle on Merger

EPS Ventures Ltd. is in advanced discussions to acquire all outstanding shares of CoolCo not already held, at $9.65 per share in cash. ...

Ghostworks Gains California Nod for Zero-Emission Vessels

Certification from the California Air Resources Board (CARB) enables development and delivery of zero-emission electric-powered vessels. CORE program incentives make clean transportation more...

BIMCO: Global Container Trade Resilient Amid US Import Contraction

BIMCO’s September 2025 outlook highlights resilient container trade outside North America despite US tariff impacts. Global cargo volumes are forecast to grow 2.5–3.5%...

Zodiac Maritime Expands Fleet Amid Global Challenges

Zodiac Maritime is preparing for its 50th anniversary in 2026 with a significant fleet expansion. The company emphasizes a strong family ethos, long-service...

Cyber Insurance Helps Businesses Gain Ground Against Ransomware Threats

Ransomware remains the leading driver of cyber insurance claims, with attackers increasingly targeting smaller firms and double extortion tactics on the rise. Retail,...

ABS and Persona AI Join Forces to Pioneer Robotic Standards in...

ABS and Persona AI have signed an MOU to integrate humanoid robots into shipyard operations, enhancing productivity and safety. The collaboration will focus...

Gulf of Mexico Energy Landscape Shifts Toward LNG and Renewables

U.S. offshore oil projects face stiff competition from Latin America, with Guyana and Brazil offering lower break-even costs. Rising Gulf of Mexico production...

Imabari Shipbuilding Delivers Future-Ready 13,900 TEU Vessel to ONE

Imabari Shipbuilding delivers ONE STRENGTH, a 13,900 TEU vessel for Ocean Network Express. The ship is designed for high efficiency, with energy-saving devices...

Yangzijiang Shipbuilding Sees Steady Demand and Solid Margins

Yangzijiang Shipbuilding’s shares have recovered after U.S. port fee measures, supported by strong fundamentals. HSBC raised its target price, citing margin growth, stable...

NYK Pioneers Ship-to-Ship Ammonia Transfer for Next-Gen Fuels

A significant milestone in the maritime industry was recently achieved with a ship-to-ship (STS) ammonia transfer off the coast of Ceuta, Spain. This was...

Sallaum Lines Unveils Its First LNG Dual-Fuel Car Carrier

Switzerland-based RoRo cargo shipping company Sallaum Lines has unveiled its first LNG dual-fuel pure car and truck carrier (PCTC), the Ocean Breeze, in the...

Suezmax Rates Under Pressure While Aframax Shows Regional Split

The week gone by has been a roller coaster ride in the VLCC market. The whole of last week saw a continued upward trajectory...

Panamax and Supramax Sectors Show Split Regional Sentiment

The Capesize market is strong, with both Pacific and Atlantic basins experiencing a rally, while the Panamax market is split between a softer Atlantic...

Saudi Arabia’s “Vision 2030” Drives New Steel Ventures and Global Alliances

The global steel industry is undergoing a significant shift, with the Gulf Cooperation Council (GCC) countries positioning themselves as a new hub for steel...

Market Split Over Motive Behind Unusual Egyptian LNG Shipment

On September 20, the Minerva Amorgos LNG carrier departed Egypt's Idku terminal with a cargo for Europe, an unusual event as Egypt has been...

World’s First China-Europe Arctic Express Route Launches From Ningbo-Zhoushan Port

China has officially launched the world’s first China-Europe Arctic express route from Ningbo-Zhoushan Port, Zhejiang Province, marking a milestone in international shipping. The maiden voyage...

Danish Shipping Calls For ETS Revenues To Fund Green Fuels

Danish shipping companies are among the largest contributors to the EU’s CO₂ Emissions Trading System (ETS), paying billions of Danish kroner into the scheme....

ClassNK Issues New Guidelines for Safer and Higher-Capacity Container Shipping

To improve container shipping safety and efficiency, ClassNK has issued updated guidelines that integrate advanced weather forecasting, ship motion expertise, and digital twin technologies....

IAPH Urges Global Unity On IMO Net-Zero Framework To Avoid Fragmented...

At London International Shipping Week, Patrick Verhoeven, Managing Director of the International Association of Ports and Harbors (IAPH), called on governments and industry stakeholders...

Kongsberg Maritime Secures Contract For Next REACH REMOTE USVs

Kongsberg Maritime has signed a contract to deliver two additional uncrewed surface vessels (USVs) to Reach Subsea, strengthening the REACH REMOTE programme. Based on...