U.S. Rejects Emissions Pricing at IMO
U.S. exits IMO climate talks over concerns about a proposed global emissions pricing plan for shipping.
Officials warn the pricing scheme could harm...
US Bill to Enforce Oil Sanctions on Russia’s Ghost Fleet
A new U.S. bill would create a $150 million fund to enforce sanctions on Russia’s “ghost fleet” of oil tankers.
The bill calls...
Wärtsilä Launches Methane Slip Reduction Tech for 50DF Engines
New Spark Gas Tech Cuts Methane Emissions by 75% in LNG Engines.
Wärtsilä 50DF Upgrade Slashes Methane Slip with Spark Gas Conversion.
Wärtsilä...
Titanic’s Full Wreck Digitally Scanned for the First Time
New 3D Scan Reveals Titanic’s Final Moments in Unprecedented Detail.
Titanic Wreck Digitally Recreated Using 700,000 Images.
Titanic Reveals New Secrets in Stunning...
China’s 34% Tariff on U.S. Imports Hits Grain and Coal Exports
U.S. Dry Bulk Trade Faces Pressure as China Retaliates with Tariffs.
Tariffs Threaten U.S. Grain and Coal Flows to China.
New Chinese Tariffs...
IMO Begins Final Talks on Net-Zero Emissions Plan for Shipping
MEPC 83 Opens with Push for Binding Climate Rules.
Draft Net-Zero Framework in Focus at IMO Climate Talks.
IMO Moves Closer to Climate...
Blank Sailings Surge as US Tariff Uncertainty Grows
198 Sailings Cancelled in March–April, Up 47% from 2024.
Carriers Ramp Up Cancellations on Key Trade Routes.
Asia–US West Coast and Transatlantic Routes...
Crude Market Strained by Record Non-OPEC+ Supply and OPEC+ Output Hike
Non-OPEC+ crude exports hit a record 16 mbd in March 2025, led by Brazil, Colombia, the UK, and Canada, while US exports stagnated...
Port of New York and New Jersey Reports Double-Digit TEU Growth...
The Port of New York and New Jersey handled 699,240 TEUs in February 2025, marking a 10.6% increase from February 2024.
Year-to-date, total...
Folk Maritime Adds ‘Folk Jazan’ to Strengthen Saudi Fleet
Saudi-based Folk Maritime Services Company has added its second owned container vessel, Folk Jazan, to its growing fleet, now comprising six ships.
The...
Samsung Heavy Industries Secures $325 Million Order for Four Oil Carriers
Samsung Heavy Industries has received a 477.8 billion-won (US$325 million) order to build four oil carriers for an undisclosed Oceanian shipping company, with...
ClassNK Certifies ARS Software, Advancing Autonomous Ship Navigation
ClassNK has completed the Technology Qualification (TQ) process for Advanced Routing Simulation and Planning (ARS) developed by Japan Marine Science Inc.
This...
Norsepower Launches True Performance™ System to Enhance Wind Propulsion Monitoring
Norsepower True Performance™ directly measures the real-time thrust of both Rotor Sails™ and ship propellers, providing precise data on wind propulsion efficiency.
The...
Sailing Towards Green: World’s Largest Suction Sails Power Juice Carrier
Spanish wind-assisted propulsion company bound4blue has announced the successful installation of what they claim to be the world's largest suction sails. Four of their...
US Tariffs Trigger Sharp 9.27% Drop in UP World LNG Shipping...
The recent U.S. administrative actions, specifically the imposition of new tariffs, have sent ripples of uncertainty through global markets, causing a significant downturn across...
VLCC Market’s Early April Optimism Faces Headwinds from Tariffs and Oil...
The VLCC market commenced April with a sense of cautious optimism, particularly in the Middle East. The early part of the month saw a...
UAE Plans Expansion of Low-Carbon Shipping Fuels in Fujairah
The UAE is actively working to expand the availability of low-carbon shipping fuels at Fujairah, according to an energy ministry official speaking at a...
Stillstrom and Panama Canal Authority Explore Offshore Charging for Idling Vessels
Stillstrom by Maersk and the Panama Canal Authority (ACP) have entered into a Memorandum of Understanding (MOU) with the shared goal of investigating the...
Maritime Security Update Rising Incidents In Singapore Strait And Improved Safety...
The first quarter of 2025 has seen contrasting developments in maritime security across Southeast Asia. While piracy and armed robbery incidents in the Singapore...
AD Ports Group Signs 10-Year Lease Agreement With TW Steel At...
AD Ports Group has announced the signing of a 10-year lease agreement with TW Steel, a leading provider of prefabricated structures. The partnership aims...
