Dry Bulk Market Update Capesize Stable, Panamax Softens, Supramax Mixed As...
The dry bulk market showed a mixed picture this week, with Capesize activity holding firm, Panamax rates facing downward pressure, and Supramax performance diverging...
Tanker Market Summer Slump Deepens Across Segments As Rates Remain Soft
The crude tanker market continues to face pressure this week, especially across the VLCC segment, as the summer doldrums weigh on demand. While certain...
Ballard Power Systems To Deliver 6.4 MW Fuel Cell Engines For...
Ballard Power Systems has secured a major marine contract to supply 32 FCwave™-200 kW fuel cell engines—amounting to 6.4 MW—to eCap Marine GmbH for...
ClassNK Publishes Technical Journal No. 11 on Marine‑Environment Protection
ClassNK has published the 11th issue of its 2025 Technical Journal, with the special theme: “Latest Technological Trends for Protection of the Marine Environment.”...
South Korea vs. China The Battle For Container Shipbuilding Dominance
The global container shipping industry is witnessing a dramatic shift in shipbuilding leadership. While South Korea has long held dominance in building high-capacity vessels,...
EPS Boosts Green Fleet with Chinese-Built LNG Suezmaxes
Singapore-based shipowner Eastern Pacific Shipping (EPS) has ordered up to four LNG-powered Suezmax tankers at Hengli Heavy Industry in China, reports Offshore Energy.
EPS Books...
MOL, Tsuneishi Join Forces on Rocket Vessel Project
Mitsui O.S.K. Lines (MOL) is advancing into the space sector with a focus on offshore rocket launch and recovery. As a first step towards...
“K” Line’s Ship Management Arm Honored for Seafaring Excellence
On July 22, 2025, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) proudly announced that its ship management subsidiary, K Marine Ship Management Pte. Ltd. (KMSM), has...
US-Japan Strike Landmark Trade Pact, Revving Up Global Markets
In a significant move that reshapes U.S.-Japan economic relations, President Trump has announced a sweeping trade deal with Japan, according to the Daily Sabah.
Major...
Shipping Giants Unite to Transform ARA Bunkering Industry
In a groundbreaking development for the global marine fuels industry, leading shipping and bunkering companies have come together to launch the Bunkering Services Initiative,...