Higher Earnings Drive Investment in Smaller Geared Bulk Carriers

In recent weeks and throughout 2025, there has been a notable shift in the dry cargo sale-and-purchase market. Sales of geared bulk carriers, particularly...

EU’s Russian Oil Ban Faces Opposition from Hungary and Slovakia

The European Union intends to stick with its current plan to phase out Russian oil imports by January 1, 2028. This move is part...

Global Ethanol Association Launched to Drive Decarbonization in Shipping

A new organization, the Global Ethanol Association (GEA), has been launched in Switzerland to promote ethanol as a sustainable fuel. The non-profit aims to...

ABB and eMarine Collaborate to Bring Non-Invasive Temperature Sensing to the...

ABB is supplying 1,500 of its NINVA non-invasive temperature sensors to eMarine, a Swedish company focused on energy efficiency in the maritime industry. This...

Dry Bulk Market Weekly Review Mixed Sentiment Across Segments

The dry bulk market experienced mixed performance across vessel segments this week. While the Capesize and Panamax sectors showed signs of recovery after a...

Weekly Tanker Market Report LR2s Lead Gains As VLCCs Strengthen

The global tanker freight markets experienced mixed movements this week, with LR2s and VLCCs posting solid gains, while MR rates saw sharp corrections, particularly...

Panama Reinforces Ship Registry Leadership With Japan At The Forefront

Panamanian President José Raúl Mulino met with more than 40 representatives of Japanese shipping companies to present Panama’s renewed ship registry strategy. The initiative aims...

Survey Reveals Safety Pressures Still Clash With Productivity At Sea

A major survey of 30,000 seafarers, with over 3,300 responses, has shed light on the ongoing tension between efficiency demands and safe operations in...

ElbFeeder Orders Two Next-Generation Container Vessels To Strengthen Iceland-Europe Trade

ElbFeeder, the joint venture of Iceland’s Eimskip and Germany’s Ernst Russ, has signed contracts for two state-of-the-art 2,280 TEU container ships with China Merchants...

Hyundai Glovis Partners With SK Gas To Build LNG Bunkering Ecosystem...

Hyundai Glovis has signed a contract with SK Gas’ subsidiary Eco Marine Fuel Solution to secure liquefied natural gas (LNG) bunker fuel in South...