VLCC Rates Fall, Suezmax and Aframax Maintain Ground

After having roared into the WS 80’s MEG/East rates have dropped back into the low WS 70’s, by and large led by oilco-trader relets...

New Research Highlights How Green Shipping Revenue Can Reduce Global Inequality

A new study from UCL's Ocean and Shipping Group suggests that the International Maritime Organization (IMO) Net Zero Framework could reduce global inequalities, but...

Luda Technology Group Leads Partnership to Advance Ammonia-Resistant Components for Vessels

In a significant move for the Chinese shipbuilding industry, Luda Technology Group has formed a strategic partnership with several major Chinese shipbuilders. This collaboration...

Saudi Port Activity Surges in August, Driven by 14.7% Rise in...

In August, Saudi ports experienced a strong surge in activity. Overall container throughput increased by 9.5% to reach 750,634 twenty-foot equivalent units (TEUs). This...

DNV and HD KSOE Launch Digital Twin Training Solution

Cloud-based platform enables global deployment across fleets and training centres. System models verified under DNV-RP-0513 for reliability and safety assurance. Training modules cover...

Brittany Ferries Study Shows LNG Emissions Far Lower Than Regulatory Estimates

The company seeks recognition for major LNG investments in four new vessels. Ferry routes Rosslare–Bilbao and Rosslare–Cherbourg were used in a year-long study. ...

Shorter Voyages and Shifting Demand Redefine Tanker Market

China’s slowing demand shifts import patterns to nearer suppliers. India, Vietnam and Indonesia drive regional energy growth. Freight rates surge despite weaker Chinese...

Maersk Closes In on COSCO in Intra-Asia Capacity Race

COSCO remains the top carrier with 300,491 teu in the region. Intra-Asia trade posts 13% year-on-year growth to 2.4 Mteu. Market sees competition...

HD Hyundai Showcases Next-Gen Gas Carriers in Gastech 2025

HD Hyundai is set to unveil the future of sustainable gas carriers applied with eco-friendly, AI technologies at Gastech, the world’s largest gas exhibition,...

Twelve Piracy And Armed Robbery Attempts Reported In July 2025

In July 2025, twelve incidents of piracy and armed robbery were reported against ships, according to Member States and international organizations. The attacks, mainly...