Capesize Dry Bulk Market Firms Up After Guinea Uncertainty, Panamax Continues...

The Capesize dry bulk shipping market concluded the week on a firmer note, demonstrating a notable recovery after a somewhat shaky start. Initial pressure...

Global VLCC Market Softens, Suezmax Under Pressure, Aframax Shows Regional Gains

After two consecutive weeks of rising freight rates for LR2 (Long Range 2) tankers in the Middle East Gulf (MEG), the market appears to...

US Solidifies Position as Top LNG Exporter as Global Trade Increases

The International Gas Union (IGU) has released its World LNG Report for 2025, which reveals that global liquefied natural gas (LNG) trade experienced a...

Fincantieri Expands Presence in Saudi Arabia, Collaborates with SRSA for Red...

Fincantieri, a global leader in shipbuilding, and the Saudi Red Sea Authority (SRSA), the official regulator for coastal tourism in Saudi Arabia's Red Sea...

Port of Rotterdam Teams Up with EDGE Navigation on Liquid Hydrogen...

EDGE Navigation’s LH2 ships are expected to begin operations in 2028, prompting the early development of supporting infrastructure in Rotterdam. Liquid hydrogen will...

LDA And Technip Energies Partner To Develop Ship-Based Ammonia Cracking Solution...

Louis Dreyfus Armateurs (LDA) has signed a Memorandum of Understanding (MoU) with Technip Energies to advance the development of FRESH—a revolutionary floating facility for...

Japan’s First Hydrogen-Fueled Passenger Ship ‘HANARIA’ Wins Ship Of The Year

The hydrogen-fueled passenger ship HANARIA has been honored with the prestigious Ship of the Year 2024 award by the Japan Society of Marine Engineering,...

Estonia Launches Grant Program To Support Green Ship Retrofitting

In a significant step toward sustainable maritime practices, Estonia’s Minister of Infrastructure, Kuldar Leis, has introduced a grant program to support green retrofit projects...

Key Outcomes From IMO’s NCSR 12 Meeting Held In London

The 12th session of the IMO's Navigation, Communications and Search and Rescue Sub-Committee (NCSR 12) convened in London from 13 to 22 May 2025....

Saga Shipholding Transfers Entire Fleet To Bahamas Ship Registry

In a landmark move, Saga Shipholding, in collaboration with NYK and Anglo-Eastern, has transferred its full fleet of 32 general cargo vessels to the...