‘World’s First’ Dual-Fuel Ammonia-Powered Vessel Arrives in the UK
The UK welcomes the world's first dual-fuel ammonia-powered vessel, Fortescue Green Pioneer.
The vessel demonstrates the potential of ammonia as a zero-carbon marine...
OPEC+ Blinks: First Output Hike Since 2022 Shakes Markets
OPEC+ will raise oil production by 138,000 barrels per day starting in April, marking its first increase since 2022.
The decision follows pressure...
G3 Canada to Develop Modern Grain Terminal at Port of Trois-Rivières
G3 Canada plans to build a new grain terminal at the Port of Trois-Rivières, replacing the existing facility.
The 65,000-metric-tonne terminal will enhance...
GMS: Ship Recycling Market Struggles Amid Volatility
Increased vessel arrivals in India and Bangladesh despite declining availability.
Freight rates peaked since December, while oil dropped to USD 69.76/barrel.
New U.S....
BLG and COSCO SHIPPING Partner on Logistics
BLG LOGISTICS and COSCO SHIPPING CARRIERS signed a strategic partnership in late 2024.
Bremerhaven will serve as a key entry port for Chinese...
Canada Hits Back with 25% Tariffs on $155B in U.S. Goods
Canada imposes 25% tariffs on $155 billion of U.S. goods.
U.S. tariffs take effect at midnight, targeting Canadian, Mexican, and Chinese imports.
Trudeau...
Maersk and Alibaba Partner to Streamline Container Shipping
Seamless Online Booking for Shipping and Logistics Services.
Real-Time Pricing Brings Transparency to Bulk Shipments.
Partnership to Reduce Logistics Costs by 10%.
Maersk and...
Petrobras Expands Fleet with Four Additional Support Vessels
Offshore Expansion Drives Petrobras’ Fleet Growth.
Buzios Field Production Set to Reach 2 Million Barrels Per Day.
Petrobras Backs Lula’s Plan to Revive...
Toro Corp. Announces Spin-Off of Handysize Tanker Business
Toro Board Approves Separation of Handysize Tanker Operations.
Shareholders to Receive Robin Energy Ltd. Shares in Spin-Off.
Robin Energy Applies for Nasdaq Listing.
Toro...
US Port Fees on China Vessels Would Affect All Shipping Firms,...
Strong Shipping Volumes Continue Amid Trade Uncertainty.
Ocean Alliance Remains Stable Despite U.S. Policy Shifts.
Market Risks Grow as Red Sea Disruptions Ease.
The...
Xeneta’s Analysis on 2025 Long-Term Ocean Freight Contracts
Uncertainty in the Red Sea Creates a Negotiation Challenge.
Rising Long-Term Rates Across Major Trade Routes.
Market Data is Crucial for Smarter Freight...
US Sanctions Create Hurdles For Iran’s Oil Exports, Revenue Declines
An investigation by Iran International has found that over half of the tankers recently sanctioned by the US for transporting Iranian oil have stopped...
French Port Strikes To Escalate In March Amid Pension Reform Dispute
French ports are anticipating further strike action in March following unsuccessful walkouts from February 26th to 28th. These previous strikes, protesting the country's pension...
Trump’s Tariffs On Canada, Mexico, And China Take Effect, Threatening Trade...
President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by...
China Escalates Trade War with U.S.: Fresh Tariffs & Blacklist Announced!
China has announced new tariffs of 10-15% on select US imports, effective March 10th. These tariffs will target key US exports such as chicken,...
Tanker Market Softens Amidst Uncertainty And Geopolitical Factors
The US shipping industry is becoming familiar with Section 301 of the US Trade Act, a provision enabling the US to address unfair foreign...
Brazil And Norway Sign MoU To Develop Green Shipping Corridor
Brazil and Norway have signed a Memorandum of Understanding (MoU) to advance sustainable maritime transport, marking a major step toward green shipping corridors and...
Mitsui E&S Develops Stern Fins To Enhance Fuel Efficiency
Mitsui E&S Shipbuilding Co., Ltd. (MES-S) has introduced stern fins designed to improve fuel efficiency and reduce greenhouse gas (GHG) emissions for its 56,000...
LNG-Fuelled Vessel Orders Dominate February, Reports DNV
DNV’s Alternative Fuels Insights (AFI) platform has revealed that 33 out of 34 alternative-fuelled vessel orders placed in February were for LNG-fuelled container ships,...
Wallem Group Joins Global Maritime Forum To Drive Industry Change
Wallem Group has officially partnered with the Global Maritime Forum, bringing its 120-year maritime heritage and global presence across 19 countries to the forum’s...
