This Week Trends
KR launches the latest ‘SeaTrust-HullScan’, says an article on Korean Register.
Latest version
The Korean Register (KR) has released the latest version of its structural analysis software SeaTrust-HullScan, updated to include the new Common Structural Rules (CSR), making KR the first...
HAV Group ASA has agreed to become industrialization partner for Pherousa Green Technologies AS (Pherousa), which is developing an ammonia cracker capable of converting ammonia to fuel cell quality hydrogen, says an article published on their website.
Pherousa’s industrialization partner
The...
Covid pandemic and port congestion coupled with warming waters means ships are at increased risk from biofouling.
Percentage of ships subject to ‘fouling idling’ increased constantly since 2009 from a starting point of 25.4% to a peak of...
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Hot Stuff Coming
Associated British Ports Expands Support For Seafarer Welfare Across UK Ports
Associated British Ports (ABP), the UK’s largest port operator, has announced an initiative to enhance financial contributions to seafarer welfare facilities across its network...
Niu Technologies’ Q1 2023 Earnings Report
A recent news article published in the Market Screener deals with Q1 2023 Earnings Release of Niu Technologies.
Niu Technologies Announces First Quarter 2023 Financial...
Clues To Shipping’s Future – Where Are We Headed?
Early December is usually a fairly quiet time for news as people prepare for the coming holiday season, but this week sees an unusual...
Decarbonization Of Shipping: Pioneering Green Solutions For A Global Challenge
As the shipping industry grapples with its significant contribution of 3% to global greenhouse gas emissions, a robust strategy for decarbonization becomes imperative.
...
LATEST ARTICLES
[Podcast] Oil and Shipping Industries Brace for USTR Shift
The proposed 2025 Section 301 actions by the US Trade Representative (USTR) against China’s maritime, logistics, and shipbuilding sectors could reshape merchant shipping trade....
Trump Plans to Double Steel and Aluminum Tariffs to 50%
President Trump announced plans to raise U.S. tariffs on imported steel and aluminum from 25% to 50%, effective June 4, 2025.
Shares of...
U.S. Ethane Exports to China Face New Licensing Roadblock
New U.S. Commerce Department rules require export licenses for ethane shipments to China, revoking previous approvals.
China imported a record 492,000 barrels per...
NCFI: Freight Rates Dip Across Key Routes as Market Softens
The Ningbo Containerised Freight Index (NCFI) for the week ending May 30, 2025, reported the following trends:
Route Highlights
Ningbo to Europe: The index declined...
SAAM Towage Advances with Electric Tugs, Cutting Emissions and Costs
SAAM Towage deployed electric tugs in Vancouver and plans another in Chile.
The company reduced carbon intensity by 72%, targeting a 90% cut.
...
Cerberus Expresses Interest in Darwin Port While Australia Pursues Local Control
Cerberus Capital Management has expressed interest in acquiring the lease for Darwin Port.
The Australian government is actively pursuing local buyers, managing the...
Technip Energies Appointed to Restart Vasilikos LNG Terminal Construction
Technip Energies begins on-site management at the dormant Vasilikos LNG terminal, focusing first on assessing the current project status and starting contractor tenders.
...
Drewry: Intra-Asia Container Index Remain Stable
The Intra-Asia Container Index (IACI) held nearly flat at $655 per 40ft container as of May 30, 2025.
Year-over-year, the index is up...
EU Ships Emit More Arctic Soot Than Expected, Study Reveals
Black carbon, typically produced by incomplete combustion in marine engines, contributes to global warming and is linked to health impacts.
It is considered...
Veson Nautical Launches AI-Powered Claims Management
AI-driven automation transforms maritime claims workflows
Reduces manual document review and increases accuracy
Fully integrated with the IMOS Platform for end-to-end efficiency
Veson Nautical...