EPS Invests in ‘Green Shipping’ with New PCTC Orders

Eastern Pacific Shipping has ordered six new PCTCs to bolster its fleet. The new vessels will be powered by LNG, aligning with the...

Explosion on Bulk Carrier Off the Coast of North Carolina

Explosion Causes Significant Damage to Cargo Hatches of Bulk Carrier. Bulk Carrier Reaches Chesapeake Bay After Explosion Incident. Explosion in Cargo Hold Leaves...

Intra-Asia Container Index Climbs 4% in Late November

IACI Reaches $864 Amid Pre-Christmas Shipping Demand Spot Freight Rates Rise on Intra-Asia Trade Routes Drewry Reports Modest Growth in Intra-Asia Container Rates Drewry's...

Auramarine to Deliver Hybrid Fuel Systems for Meriaura

Auramarine will deliver Diesel Fuel Oil (DFO) and Liquid Biofuel (LBO) supply systems for two Meriaura cargo ships under construction at Royal Bodewes...

NYK Disseminates Its Decarbonization Initiatives at COP29

NYK Group Leads Climate Action Conversations at COP29 Decarbonization in Focus: NYK Highlights Shipping Industry Challenges at COP29 Advancing Sustainability: NYK Showcases Green...

Langh Tech Launches Onboard Carbon Capture System

Finnish company Langh Tech has launched an onboard carbon capture (OCC) system to reduce CO2 emissions in maritime operations. The system captures over...

ADNOC Unveils $80B Low-Carbon Energy & Chemicals Venture

ADNOC unveiled XRG, an international investment company focused on lower-carbon energy and chemicals, with an enterprise value exceeding $80 billion. XRG plans to...

Worldscale Adopts ICE EUA Carbon Pricing for Tanker Rates

Worldscale Association Ltd selects ICE’s European Carbon Allowance (EUA) futures settlement price as the benchmark carbon price for 2025 tanker freight rates. ICE’s...

Crude and Product Tanker Markets: 2025 Outlook Brings Diverging Fortunes

Newbuilding Prices Surge Amid Robust Contracting Activity Supply-Demand Dynamics to Shape Freight Rates in Tanker Markets Fleet Growth Poses Challenges for Product Tankers...

Wärtsilä To Provide Integrated Propulsion Packages For Pritchard-Gordon

Technology leader Wärtsilä will deliver an integrated propulsion package for a new vessel owned by U.K.-based tanker operator Pritchard-Gordon Tankers Ltd. (PGT). This marks...

Global Tanker Market Trends: Key Insights Into Suezmax And MR2 Dynamics

The global shipping market continues to evolve amid dynamic supply and demand conditions, with notable developments across both the clean and dirty tanker segments....

Hapag-Lloyd Secures Long-Term Green Methanol Supply To Advance Decarbonization Goals

Hapag-Lloyd has entered a significant agreement with Goldwind, a Beijing-based global leader in clean energy, for an annual supply of 250,000 tonnes of green...

Scientific Evidence Reveals Ongoing Damage From Mauritius Oil Spill

A recent study by Curtin University has revealed that the oil spill from a vessel, which occurred three years ago, continues to impact the...

MSC Enhances 2025 Network To Meet Diverse Shipping Needs

Mediterranean Shipping Company (MSC) has unveiled its updated proforma 2025 network schedule, reaffirming its strategy of providing shippers and forwarders with a broad array...

Gard Provides Guidance On Mitigating Whale-Ship Collisions

Gard P&I Club has issued guidelines to help shipping operators avoid collisions with whales, which are increasingly threatened by vessel traffic, according to Safety4sea. Avoiding...

Anemoi And U-Ming To Install Rotor Sails On 325,000 DWT VLOC...

Anemoi Marine Technologies Ltd. and U-Ming Marine Transport Ltd. have partnered to install four advanced Rotor Sails on one of U-Ming’s 325,000 DWT Very...

Mitigating Risks In Bunker Operations: A Comprehensive Guide

Bunker quantity disputes are a recurring issue in the shipping industry, often leading to conflicts between fuel suppliers and ship operators. These disagreements can...

Maersk Expands Green Fleet With New Vessel

A.P. Moller-Maersk has welcomed its newest dual-fuel methanol container vessel, the "A.P. Møller," to Singapore. This vessel is the ninth in Maersk's fleet capable...

Addressing The Issue Of Unjust Seafarer Detention

The Asian Shipowners Association's Ship Insurance and Liability Committee (SILC) has expressed deep concern over the issue of unjust seafarer detention. They have called...

New P&I Club On The Horizon For India

India is moving closer to establishing its own Protection & Indemnity (P&I) Club. The Directorate General of Shipping has issued a tender to select...