Hamburg and Vancouver Ports Partner on Decarbonization and Innovation

Hamburg and Vancouver join forces to address key maritime priorities. Port Authorities Unite for Maritime Decarbonization and Efficiency. Exchange programs to offer hands-on...

Prioritizing E-fuels For a Sustainable Future

A new report suggests that prioritizing e-fuels over biofuels would be more beneficial for biodiversity. E-fuels, produced using renewable energy, have a lower environmental...

HD Hyundai To Streamline Shipbuilding With Integrated Platform

HD Hyundai shipbuilding subsidiaries have partnered with companies like Siemens, Dassault Systèmes, Aviva, Napa, and Cadmatic to create an integrated platform for ship design...

Industry Leaders Discuss Tanker Market Trends

The Baltic Exchange hosted its annual Tanker Forum in Dubai, attracting over 140 industry professionals. The event, held during Bahri Week, focused on the...

LNG Rates Decline While Eastern LPG Market Surges

Spot rates drop across key routes as oversupply and limited demand persist. BLNG1 Aus-Japan holds steady while Houston-Cont sees sharp declines. Rising LNG...

Norway and Brazil to Cooperate on Climate-Friendly Shipping

Norway and Brazil collaborate on developing suitable routes and zero-emission fuels. IMO's 2050 Net-Zero Shipping Target Guides Norway-Brazil Project. Norway and Brazil to...

ABS Korea Meeting: Sustainability, Technology, and Collaboration

Maritime leaders gather to discuss key industry trends and advancements. President John McDonald announces fleet expansion to 297 million gross tons. 90 Joint...

U.S.’s First Flying Electric Ferry Comes to Lake Tahoe

The Candela P-12 cuts travel time across Lake Tahoe by half, connecting the north and south in just 30 minutes. Zero-emission technology reduces...

Antibiotic Resistance Poses a Threat to Maritime Health

Antimicrobial resistance (AMR) is projected to cause 10 million deaths annually by 2050. Misuse of antibiotics onboard ships exacerbates AMR, a “silent pandemic.” ...

Bright Future Ahead for the Jones Act

  Positive outlook for US Gulf of Mexico energy production and vessel demand. Growing interest in offshore oil service assets as activity rebounds. Bipartisan...

Mitigating The Threat: Strategies To Reduce Whale-Ship Collisions

A study has shown that implementing mitigation measures in just 2.6% of the ocean could significantly reduce the risk of ship strikes on whales....

KR Provides In-Depth Analysis Of CII Ratings

Korean Register (KR) has published a report analyzing the Carbon Intensity Indicator (CII) ratings of its fleet. This report provides valuable insights to help...

Enhancing Maritime Operations With AI-Driven Wave Prediction

Miros has introduced a new technology called PredictifAI, which provides real-time predictions of ocean waves and vessel motion. This advanced tool can help improve...

SCA, Maersk Ink Management Training Center Pact

The Suez Canal Authority (SCA) and Maersk Training (MT) have entered into a landmark agreement to establish a Centre of Excellence focused on leadership...

LR2 Rates Rise Amid Improved Freight Levels

MEG LR1 rates improve, with TC5 rising to WS108.75 and TC8 holding at $2.58M. UK-Continent routes maintain steady rates near WS115, reports Baltic Exchange. LR2 MEG...

Capesize Market Struggles Amid Mixed Sentiment

Capesize rates softened across basins, with limited activity in the Atlantic and minor Pacific rebounds driven by coal demand, closing the week with the...

Oldendorff Successfully Installs Rotor Sails

Oldendorff Carriers (Oldendorff) is pleased to announce the successful installation and operational deployment of Rotor Sails on the Chinook Oldendorff. Through a joint agreement...

IMO Secretary-General Receives Credentials Of Saudi Representative

During a meeting on the sidelines of the 133rd International Maritime Organization (IMO) Council session, Vice Minister of Transport and Logistic Services and acting...

Ningbo Freight Rates Slide Amid Oversupply

Freight Rates Continue to Decline Across Key Routes. Key routes connect Ningbo to ports like Hamburg, Barcelona, Istanbul, and Dubai. Transactional Data Backed...

UN Agencies Join Forces to Decarbonize Transport

The transport sector, especially road and aviation, contributes to global greenhouse gas emissions. ICAO, IMO, and UNECE are collaborating to reduce emissions in...