Study Examines Decarbonization Potential of Alternative Marine Fuels

A study commissioned by CMA CGM and conducted by IFPEN has examined the greenhouse gas (GHG) emissions of alternative marine fuels, specifically methanol and...

Dry Bulk Market Buoyant Due to Reduced Ballasters and C3 Congestion

The dry bulk freight market is currently buoyant due to a substantial reduction in ballaster vessels on the C3 route. This decrease is creating...

MABUX Reports Mixed Movements and LNG Price Increase

The MABUX Global bunker indices, at the end of the 12th week, displayed a lack of consistent direction, with fluctuations observed across different fuel...

Joint Maritime Traffic Center Planned for Stockholm’s Värtahamnen Port

The Swedish Maritime Administration and Ports of Stockholm are creating a joint maritime traffic center in Stockholm. This collaboration aims to improve the efficiency...

Solstad Offshore Secures New Contract With Subsea7 For Normand Subsea

Norwegian offshore vessel owner Solstad Offshore has signed a new contract with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea. The agreement...

Malta Signs Historic Shore Power Agreement With Carnival UK & P&O...

In a first for the Mediterranean cruise region, the Maltese Government has signed a power purchase agreement with Carnival UK & P&O Cruises. Under...

ABS And MTI Advance Maritime Autonomy With APExS-Auto Approval

ABS and Monohakobi Technology Institute (MTI) have successfully completed a major collaboration in developing fully autonomous vessels. The APExS-auto maritime autonomy framework, developed by...

Hapag-Lloyd Reports Strong 2024 Results Amid Market Challenges

Hapag-Lloyd has published its annual report for 2024, highlighting slightly higher operating results despite a challenging market. The Group EBITDA reached USD 5.0 billion...

Stena Line Partners With Norsepower To Boost Sustainable Shipping

Stena Line and Norsepower have signed an agreement to install two Norsepower Rotor Sails™ on the new methanol-hybrid RoRo vessel, Stena Connecta. This initiative...

Bunkering Fuel Sales Decline Due to Trade Uncertainty

Bunkering Fuel Demand Drops as Shipping Industry Faces Volatility. Singapore and Fujairah Report 9% Decline in Marine Fuel Sales. Geopolitical Tensions and Tariffs...