IMO Begins Final Talks on Net-Zero Emissions Plan for Shipping
MEPC 83 Opens with Push for Binding Climate Rules.
Draft Net-Zero Framework in Focus at IMO Climate Talks.
IMO Moves Closer to Climate...
Blank Sailings Surge as US Tariff Uncertainty Grows
198 Sailings Cancelled in March–April, Up 47% from 2024.
Carriers Ramp Up Cancellations on Key Trade Routes.
Asia–US West Coast and Transatlantic Routes...
Crude Market Strained by Record Non-OPEC+ Supply and OPEC+ Output Hike
Non-OPEC+ crude exports hit a record 16 mbd in March 2025, led by Brazil, Colombia, the UK, and Canada, while US exports stagnated...
Port of New York and New Jersey Reports Double-Digit TEU Growth...
The Port of New York and New Jersey handled 699,240 TEUs in February 2025, marking a 10.6% increase from February 2024.
Year-to-date, total...
Folk Maritime Adds ‘Folk Jazan’ to Strengthen Saudi Fleet
Saudi-based Folk Maritime Services Company has added its second owned container vessel, Folk Jazan, to its growing fleet, now comprising six ships.
The...
Samsung Heavy Industries Secures $325 Million Order for Four Oil Carriers
Samsung Heavy Industries has received a 477.8 billion-won (US$325 million) order to build four oil carriers for an undisclosed Oceanian shipping company, with...
ClassNK Certifies ARS Software, Advancing Autonomous Ship Navigation
ClassNK has completed the Technology Qualification (TQ) process for Advanced Routing Simulation and Planning (ARS) developed by Japan Marine Science Inc.
This...
Norsepower Launches True Performance™ System to Enhance Wind Propulsion Monitoring
Norsepower True Performance™ directly measures the real-time thrust of both Rotor Sails™ and ship propellers, providing precise data on wind propulsion efficiency.
The...
Sailing Towards Green: World’s Largest Suction Sails Power Juice Carrier
Spanish wind-assisted propulsion company bound4blue has announced the successful installation of what they claim to be the world's largest suction sails. Four of their...
US Tariffs Trigger Sharp 9.27% Drop in UP World LNG Shipping...
The recent U.S. administrative actions, specifically the imposition of new tariffs, have sent ripples of uncertainty through global markets, causing a significant downturn across...