Port Arthur LNG Phase 2 Secures Key DOE Export Permit For...
Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), announced that its Port Arthur LNG Phase 2 project has received a crucial permit from the...
Shipping Industry Posts $5.9b EBIT in Q1 2025 Amid Market Uncertainty
Despite ongoing geopolitical challenges and market volatility, the global container shipping industry reported a combined Earnings Before Interest and Taxes (EBIT) of USD 5.9...
UN Security Council Extends Libya Arms Embargo Vessel
The United Nations Security Council has extended the authorization allowing member states to inspect vessels suspected of violating the Libya arms embargo. The measure,...
South Korea Updates Electric Vessel Standards
Revised “Electric Propulsion Vessel Standards” become effective 29 May 2025, introducing requirements for fuel-cell–powered ships, core system redundancy, and enhanced fire safety in...
Moeve to Supply 40,000 Tons of 2G Marine Biofuel to Canary...
Moeve will deliver approximately 40,000 tons of second-generation marine biofuels to a Canary Islands ferry operator by the end of 2025, with an...
Six Newbuild Tankers to Feature Wind Propulsion Technology as Part of...
A leading wind propulsion company has signed a deal to deliver six rotor sails for newly commissioned tankers from a European shipping group.
...
SGS FastRig Demonstrates Fuel Savings and Operational Advantages in Sea Trials
Smart Green Shipping (SGS) has announced the successful completion of sea trials for its innovative FastRig wind-assisted propulsion system, confirming its practical advantages for...
US Eyes Expanded Tech Sanctions to Close Loopholes for Chinese Firms
On Friday, May 30, 2025, major stock averages, including the S&P 500, experienced a downturn, falling 1%, in response to reports that the United...
Panamax Market Faces Another Challenging Week with Persistent Softening
The Capesize dry bulk market showed significant momentum this week, recovering from a slow start primarily attributed to Monday's UK bank holiday, reports Baltic...
VLCC Rates Plummet Across Global Routes, Weakening Tanker Market Sentiment
The LR2 tanker market in the Middle East Gulf (MEG) experienced a downward correction over the past few days, after peaking at the end...
A New Course for Green Shipping: Italy Pioneers Unified LNG and...
In a significant stride towards maritime decarbonization, Italy has become the first European Union country to issue unified Ship-to-Ship (STS) bunkering guidelines for both...
Isle of Man Ship Registry Issues Revised Shipping Notice on Fire...
The Isle of Man Ship Registry has recently issued a new shipping notice, specifically Manx Shipping Notice (MSN) 057 (Revised 05/2025), which outlines the...
Container Report – Week 22: Modest Rate Changes as Asia-Med Shows...
The FBX01 (China/East Asia to USA West Coast) rate ended the week at $2,770 per FEU, and FBX03 (China/East Asia to USA East...
Weekly Gas Report – Week 22: LNG Slows Down, LPG Picks...
LNG rates declined further due to weaker transatlantic demand and vessel oversupply.
LPG rates increased modestly across major routes as vessel availability tightened...
US-China Trade Clash: New Export Limits on Aircraft and Semiconductors Announced
China suspended exports of critical minerals globally but may ease restrictions for certain semiconductor firms.
The US is intensifying visa restrictions on Chinese...
MSC Expands West Africa Service with 24,000 TEU Ultra-Large Vessels
MSC has introduced 24,000 TEU ultra-large container vessels on its Africa Express service, connecting key Asian markets with major West African ports.
The...
IMO Net Zero Framework Highlights Ammonia Dual-Fuel Ships and E-Fuel Uncertainty
Ammonia dual-fuel ships emerge as the most competitive option from the mid-2030s, with potential cost advantages starting as early as 2028 under expected...
[Podcast] Shipping’s Unexpected Role as a Climate Leader a Case for...
As geopolitical tensions grow and economic uncertainty causes hesitation across industries, the temptation to delay decisions and investments is strong.
Yet, amidst the gloom, shipping...
WinGD’s X-S Series Powers Next-Gen Container Vessels For X-Press Feeders
Swiss marine engine developer WinGD has secured an order for two advanced X-S short-stroke engines to power container ships being built for X-Press Feeders...
Ofiniti To Power Digital Infrastructure For Azane’s Ammonia Bunkering Operations
Ofiniti, an independent digital platform formerly known as FuelBoss, has entered into a strategic partnership with Azane Fuel Solutions to support its pioneering ammonia...
