Tankers U-Turn, Zig-Zag, Pause Around Strait of Hormuz
Two supertankers reversed course near the Strait of Hormuz amid rising military tensions.
Oil prices surged to 5-month highs as fears of a...
IMO Symposium Explores Real-World Developments in Maritime Autonomous Surface Ships (MASS)
IMO and Norway hosted a symposium highlighting real-world progress in autonomous maritime technologies.
Industry experts emphasized the need for parallel development of technology...
Fratelli Cosulich and IINO Lines Unite to Support Maritime Decarbonization Goals
Fratelli Cosulich Marine Energy and IINO Lines signed an MoU to advance alternative marine fuels.
The partnership focuses on methanol, LNG, and ammonia...
Protecting Liquid Cargo: The Role of Sampling Time and Location
Sampling time and location critically impact liquid cargo quality assessments and dispute resolution.
Manifold samples taken during loading and discharge are essential for...
Freight Rates Decline Across Dry Bulk Segments Amid Soft Pacific Demand
Capesize rates dropped sharply due to reduced iron ore volumes from West Australia and softening Atlantic demand.
Panamax market saw weak activity across...
Tanker Rates Rally Across Key Segments Amid Rising Demand and Risk...
VLCC rates surged in the Middle East and Atlantic due to escalating Israel-Iran tensions, with TD3C jumping over 22 points.
Suezmax routes saw...
“K” LINE Deepens Decarbonization Commitment with “NORTHERN PATHFINDER” CO2 Carrier
On June 17, 2025, a significant event in the burgeoning carbon capture and storage (CCS) industry took place in Oslo, Norway: the naming ceremony...
KR Spearheads Global Standards for Ammonia-Fueled Ship Effluent
KR (Korean Register), a leading classification society, has launched a crucial joint working group dedicated to establishing international standards for the safe discharge of...
Denmark Accelerates Maritime Future with US$2.5 Million Funding Across Diverse Sector...
The Danish Maritime Fund has reinforced its commitment to advancing the maritime sector by allocating DKK 16 million (approximately US$2.5 million) across 18 diverse...
Höegh Sunrise Joins Fleet as Aurora Class Leads the Way to...
Höegh Autoliners has made a significant stride towards decarbonizing deep-sea shipping with the naming of its fifth Aurora Class vessel, the Höegh Sunrise, in...
Provaris Energy Expands Footprint in Hydrogen Economy with “K” LINE Alliance
Provaris Energy Ltd has taken a significant step forward in its mission to commercialize compressed hydrogen carriers by signing a Memorandum of Understanding (MOU)...
Port of Aberdeen Takes Major Leap Towards Net Zero with Groundbreaking...
Scotland's maritime decarbonization efforts have taken a significant leap forward with the Port of Aberdeen launching its largest shore power project to date in...
China on High Alert as U.S. Startup Launches Satellite Cannon into...
SpinLaunch is preparing to deploy its Meridian Space microsatellite constellation using a revolutionary centrifugal launch system by 2026, aiming to rival SpaceX in...
University of Strathclyde and Oldendorff Launch Research Hub for Sustainable Shipping
The University of Strathclyde and Oldendorff Carriers have established a dedicated research centre in Scotland to drive maritime decarbonisation.
The centre will address...
Milestone in Methanol-Powered Shipping: WinGD Completes Landmark Sea Trial
On June 10, 2025, WinGD completed the first methanol sea trial for its 10X92DF-M-1.0 dual-fuel engine, a major step in sustainable marine propulsion.
...
EU Mandate Sparks Urgent Push for CCS and LCO₂ Shipping Expansion
The EU has imposed binding CO₂ storage obligations on 44 oil and gas producers under the Net-Zero Industry Act, targeting 50 million tonnes...
DNV Grants AiP for SeaTech and Oceania’s 10,000 cbm Ammonia Bunkering...
DNV awards Approval in Principle (AiP) to SeaTech Solutions and Oceania Marine Energy for a 10,000 cbm ammonia bunkering vessel design.
The vessel...
Strait Showdown: Iran Votes to Shut Hormuz Post US Attack
Amid escalating tensions with the United States and Israel, Iran’s parliament has approved a measure to close the strategically vital Strait of Hormuz in...
Houthis Threaten US Ships in Red Sea After Strikes on Iran’s...
US President Donald Trump’s decision to strike Iran’s nuclear facilities puts the Middle East in a volatile position, with all eyes now on...
Navigating Uncertainty: How Carbon Rules Shift Ship Strategy
Fleet owners are shifting toward clean-fuel vessels while adopting a cautious, second-mover strategy.
Ship valuations are splitting, with efficient vessels commanding premium rates...
