COSCO SHIPPING YANGPU Sets Sail: Pioneering Green Methanol Application
The COSCO SHIPPING YANGPU, heralded as China's first domestically built methanol dual-fuel containership, completed its maiden voyage to the Port of Yangpu in Hainan...
Capesize Collapse and Looming Iron Ore Oversupply Signal Tougher Times Ahead
The global dry bulk shipping market is currently experiencing a downturn, primarily due to a sharp and unexpected collapse in Capesize rates in the...
Dryad Global Report Details Complex and Shifting Maritime Security Risks Across...
Dryad Global's latest Maritime Intelligence Brief confirms that the global maritime landscape remains highly volatile, driven by ongoing geopolitical tensions and regional instabilities. The...
Seabound Pilots Modular System Aiming for 95% Emissions Reduction on Existing...
The shipping industry faces a formidable challenge in decarbonization, often classified as a "hard-to-abate" sector due to its heavy reliance on fossil fuels and...
Integrated Maritime Simulation Project Selected for K Program
A major industry-academic consortium led by MTI Co., Ltd. has launched a five-year project to create a next-generation Integrated Simulation Platform for ship...
Anemoi Opens Cutting‑Edge Rotor Sail Production Facility
Anemoi Marine Technologies has launched a state-of-the-art Rotor Sail production hub in Jingjiang City, China, with a capacity of up to 250 units...
U.S. Unveils Major Shipbuilding Revamp Under OBBBA Amid Trade Tensions
The U.S. has launched the One Big Beautiful Bill Act (OBBBA), allocating billions to modernize shipbuilding, boost domestic manufacturing, and reduce reliance on...
ABB And Royal Caribbean Group Sign 15-Year Deal To Optimize Cruise...
ABB has signed a 15-year service agreement with Royal Caribbean Group, strengthening their nearly 30-year partnership. The agreement covers 33 ships in Royal Caribbean’s...
EDGE And DNV Collaborate On Zero-Emission Liquid Hydrogen Carrier Development
EDGE Navigation is developing a next-generation liquid hydrogen (LH2) carrier in collaboration with DNV and its selected shipyard, aiming to revolutionize short-sea hydrogen transport...
IACS Council Advances Safe Decarbonization, Digitalization, And Governance Frameworks
The 91st meeting of the International Association of Classification Societies (IACS) Council, held in Beijing, showcased significant progress in decarbonization, digital transformation, and enhanced...