NYK Gains Approval for Eco-Friendly Vehicle Terminal in Barcelona

NYK wins terminal concession at Barcelona Port for a new vehicle facility. The eco-friendly design includes solar panels and zero-emission vehicles. Direct rail...

Lessons Learned: Watertight Door Fatality

Marine Safety Forum (MSF) aims to raise awareness about the dangers posed by watertight doors and to encourage reflective discussions among vessel crews and...

Life Cycle Assessment of OCCS Quantifies GHG Emissions Savings

Life Cycle Assessment of OCCS Quantifies GHG Emissions Savings. LCA Provides a Holistic Comparison of Decarbonisation Solutions. Methodology and Scenarios are Considered in...

Cargo Shipping Market to Reach $4.2 Trillion by 2031

Asia-Pacific Dominates Global Cargo Shipping Growth. Efficiency and Low Emissions Drive Cargo Shipping Market Growth. Liquid Cargo Demand Fuels Market Expansion. According to a...

Japan Shifts Focus to Green Shipbuilding as Output Declines

Japan’s Maritime Future Anchored in Innovation, Not Scale. Dual-Fuel and Automation Lead Japan’s Comeback Strategy. Ageing Workforce and Limited Space Hamper Japan’s Shipbuilding...

Fire Breaks Out on Moored Vessel in Dintelmond Harbor

Galley Fire Injures Captain Aboard Freighter in the Netherlands. Emergency Response Deployed After Vessel Fire in Dintelmond. Vessel Fire Contained in Dutch Harbour,...

Biofuel Shipping Under Pressure as Demand Outpaces Tanker Supply

Limited Tanker Supply Adds Pressure to Biofuel Trade. Freight Bottlenecks Intensify as Biofuels Compete for Tanker Space. Regulatory Shifts Reshape Biofuel Shipping Costs...

Shipping Industry’s Emission Reduction Efforts: Challenges and Opportunities

The shipping industry accounts for around 2% of global greenhouse gas emissions, which is pivotal in the push for net-zero emissions by 2050. ...

HD Hyundai and Maersk Sign MOU for Decarbonisation and Logistics

Collaboration on advanced navigation and decarbonisation retrofit solutions, with joint research on Solid Oxide Fuel Cell (SOFC) systems. Expansion of Maersk's integrated logistics...

UP World LNG Shipping Index Sees Decline Amid Broader LNG Market...

The UP World LNG Shipping Index dropped 2.41%, while the S&P 500 saw a 2.92% increase, amidst declining LNG prices in Asia and...

The Resurgence of Container Ship Orders Amid a Global Newbuilding Slump

Container ship orders surged by 238.1% in Q1 2025, driven by fuel transition and mega-ship demand. Chinese shipyards dominate global orders, securing 70%...

Major Geopolitical Shocks Shaping Q1 2025

Sanctions surged in Q1 2025, especially targeting tankers and firms in key jurisdictions. GPS jamming spiked, disrupting vessel tracking with long-distance anomalies and...

Asyad Shipping’s VLCCs Acquisition and Fleet Expansion Plans

Oman’s Asyad Shipping has acquired two very large crude carriers (VLCCs) for US$205 million. The two VLCCs, Landbridge Wisdom and Landbridge Glor, were...

GTT Acquires Maritime Data Specialist Danelec in €194 Million Deal

GTT (Gaztransport & Technigaz), a French technology and engineering group specializing in membrane containment systems for the transport and storage of liquefied gases, has...

Beyond Reflagging: The SHIPS Act’s Long-Term Plan for US-Built Vessels

Analysts at Poten & Partners, a tanker brokerage and market expert firm, have commented on the significance of the proposed SHIPS Act (comprising the...

Reduced Traffic Expected to Limit Panama Canal Closure Disruptions

The Panama Canal is planning a five-day closure of the west lane of the Pedro Miguel lock later in May 2025 for necessary maintenance...

US Trade Policy Creates Headwinds for Tanker Market Despite Stable Oil...

US trade/foreign policy has been one of the biggest headaches this year, and a key input into many of the issues mentioned below. The...

Far East to US Rates Stable Amidst Tariff Impact, Europe Rates...

Average spot freight rates for shipping containers from the Far East to both the US West Coast and the US East Coast have remained...

AD Ports Group and SCZONE Sign 50-Year Agreement for Major Industrial...

AD Ports Group and the Suez Canal Economic Zone (SCZONE) have entered into a significant 50-year renewable agreement. This agreement grants AD Ports Group...

Yang Ming Honored With Sapphire Award For Championing Marine Conservation

Yang Ming Marine Transport Corporation has once again proven its environmental leadership by earning the prestigious Sapphire Award—NOAA’s highest honor—for the fourth time. This...