Subdued Gas Chartering Activity Marks a Stable Yet Soft Week for...
LNG Sector: A Calm Before Any Shift
In the LNG sector, trading remained largely flat as market participants adopted a cautious stance. Activity was muted,...
BIMCO Introduces Methanol Annex to Support Alternative Fuel Transition
BIMCO’s Documentary Committee has adopted a Methanol Annex to its Bunker Terms 2018, marking another step in supporting the maritime industry’s ongoing transition toward...
Maersk and CATL Forge Strategic Alliance to Accelerate Global Logistics Decarbonization
A.P. Moller – Maersk and Contemporary Amperex Technology Co., Limited (CATL) have signed a strategic Memorandum of Understanding (MoU) to advance decarbonization efforts across...
China’s First Methanol Dual-Fuel Container Ship Completes U.S. West Coast Voyage
China Marine Bunker (PetroChina) (Chimbusco) announced that China’s first domestically built methanol dual-fuel container vessel successfully completed its maiden voyage to the U.S. West...
U.S. Threatens Sanctions and Visa Curbs Over Support for IMO Emissions...
The United States on Friday threatened to use visa restrictions and sanctions to retaliate against nations that vote in favor of a plan put...
Crunch Week for Shipping’s Decarbonisation Strategy Opens
As a special meeting of the IMO’s Marine Environment Protection Committee (IMO, MEPC/ES.2) opens tomorrow in London, environmental organisation the Clean Shipping Coalition is...
Beyond Data: The Expanding Subsea Network of Oil, Gas, and Power...
The story of submarine infrastructure is a hidden narrative of global connectivity, beginning with a simple experiment and evolving into a vast, vital network...
Capesize Rate Volatility Marks Market Split, Panamax Gains Momentum
The Capesize market experienced a week of two halves, with steady gains early on followed by a loss of momentum as sentiment turned softer.
Capesize...
VLCC TCEs Solid Despite Rate Volatility in Middle East and West...
The VLCC markets responded in different ways this week with the Middle East and West Africa losing ground, but the US export market recovered.
VLCC...
Global Initiative Aims to Accelerate Shipping’s Transition Beyond Methane Fuels
A new global initiative, Maritime Beyond Methane (MARBEM), has been launched with the specific goal of accelerating the shipping industry's necessary transition away from...
Corvus Energy Secures $60 Million Growth Capital to Accelerate Maritime Decarbonization
Corvus Energy, the world's leading supplier of energy-storage systems (ESS) for the maritime industry, announced a significant growth capital injection to accelerate its contribution...
India Designates Three Major Ports as Green Hydrogen Hubs
In line with India's ambitious climate goals and energy transition strategy, the recognition of three major ports as Green Hydrogen Hubs marks a key...
HGK Shipping Launches ‘GAS 96’ A Step Forward In Sustainable Inland...
HGK Shipping has officially unveiled its latest gas tanker, “GAS 96,” during a ceremony in Rotterdam on 9 October 2025. This new vessel represents...
Unity In Motion: Driving Sustainability And Inclusivity In Global Shipping
In an era where division and divisiveness often dominate global narratives, the shipping industry continues to stand as a beacon of collaboration. As one...
Two Workers Killed, Several Injured In Shipyard Accident In Turkey
A tragic accident occurred at a shipyard in Turkey, claiming the lives of two workers and leaving several others injured. The incident took place...
Oil Traders Stay Unfazed Despite Rising Global Disruption Threats
Russian infrastructure, Middle East tensions are risks.
Oversupply seen as opportunity for tighter sanctions.
The global oil market may be overly complacent about price...
Container Rates Slide Further, but Pace of Decline Slows
Rates continue to come under pressure following the recent trend but at a steady pace with the drop slowing, reports the Baltic Exchange.
The FBX...
Hengli Heavy Industry Secures $900 Million VLCC Orders, Strengthening China’s Shipbuilding
ST Songfa’s subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., has made a major stride in the global shipbuilding sector by signing contracts for the construction...
Rotterdam Port Wins Temporary Relief as Strike Suspended
Rotterdam Port will resume operations for four days starting Monday, October 13, at 7:00 a.m., following a court-mediated agreement between logistics sector representatives and...
Port Of Philadelphia Named North America’s Most Productive Port For The...
The Port of Philadelphia has once again made history by being recognized as the most productive port in North America, according to the 2024...