WNTI and Nemo Partner to Advance Nuclear-Powered Shipping and Transportable Reactors
WNTI and Nemo signed an MoU to promote international standards for nuclear-powered ships and transportable nuclear power plants (TNPPs).
WNTI will focus on...
Everllence Sets New Sustainability Benchmark with 63 Percent Emissions Cut
Everllence reduced CO₂ emissions from its global production by 63% compared to 2018, exceeding its 2030 target ahead of schedule.
The company’s updated...
China Merchants Energy Shipping Set to Become Largest Shareholder in Antong...
China Merchants Energy Shipping (CMES) will acquire up to a 13.8% stake in Antong Holdings following a cancelled asset deal.
The RMB1.8 billion...
Weichai Powers Singapore’s Green Push with Biodiesel Research Harbour Ship
The President 100 is Singapore’s first harbour vessel fully powered by 100% biodiesel (B100), launched to support maritime decarbonization.
A 1,000-hour trial in...
SAAM Towage Completes Record Tandem Tow Operation from Colombia to Turkey
SAAM Towage has completed a record-breaking 13,675-nautical-mile tow from Colombia to Turkey, involving two platform supply vessels (PSVs).
The 113-day operation, led by...
US Sanctions Network Supporting Houthis Via Iranian Petroleum Trade
The United States has imposed sanctions on a network of individuals and companies accused of facilitating the sale of Iranian petroleum products that benefit...
Dry Bulk Market Update Capesize Stable, Panamax Softens, Supramax Mixed As...
The dry bulk market showed a mixed picture this week, with Capesize activity holding firm, Panamax rates facing downward pressure, and Supramax performance diverging...
Tanker Market Summer Slump Deepens Across Segments As Rates Remain Soft
The crude tanker market continues to face pressure this week, especially across the VLCC segment, as the summer doldrums weigh on demand. While certain...
Ballard Power Systems To Deliver 6.4 MW Fuel Cell Engines For...
Ballard Power Systems has secured a major marine contract to supply 32 FCwave™-200 kW fuel cell engines—amounting to 6.4 MW—to eCap Marine GmbH for...
ClassNK Technical Journal No.11 (2025-I) Highlights Emerging Technologies
ClassNK has published the 11th issue of its 2025 Technical Journal, with the special theme: “Latest Technological Trends for Protection of the Marine Environment.”...