NYK earned the highest Sapphire tier in the VSR Program for reducing vessel speeds to protect marine life and air quality. The company...

Terntank has placed a repeat order for wind-assisted VentoFoil systems from Econowind, expanding deployment to five hybrid tankers. The methanol-ready vessels integrate wind...

Nakilat partners with KEXIM to secure initial financing for 25 new LNG carriers being built in South Korea. This deal marks a continuation...

Egypt's national efforts to decarbonize the shipping industry are being formulated into a National Action Plan, with support from the IMO's GreenVoyage2050 Programme. Egypt's...

Diana Shipping Inc. has secured a new time charter contract with Cargill Ocean Transportation for its 2017-built Ultramax dry bulk vessel, m/v DSI Phoenix....

New MARPOL Annex VI data requirements will take effect on August 1, 2025, requiring ships to collect detailed fuel consumption data by consumer...

U.S. reduces proposed tariffs on EU goods from 30% to 15%, averting a looming trade war. The EU pledges $600 billion in U.S. investments...

PetroChina produced about 10,000 mt of ULSFO. Refuels 875 mt at about Platts’ LSMOG delivered Singapore minus $20/mt. H1 Singapore's ULSFO bunker sales...

Iran utilizes the Strait of Hormuz as a geopolitical pressure point to deter threats without resorting to direct conflict. The nation’s “active defense”...

New Grain Storage Complex Planned at Khalifa Port. Strategic Agreement Boosts UAE’s Food Security Infrastructure. 150,000-Ton Grain Facility to Enhance Supply Chain Resilience. AD...