MOL Bay Links to Drive Competitiveness and Synergies in MOL Group’s...
Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, announced today, July 3, 2025, the establishment of MOL Bay Links Co.,...
Capesize Sees Renewed Activity, While Panamax and Handysize Remain Pressured
The Capesize market is seeing renewed activity, particularly on the C5 route from West Australia. There's been a noticeable uptick in enquiries from operators,...
Ocean Network Express Opens New Office in Greece
Ocean Network Express (ONE) will launch its Greece Foreign Branch in November 2025, enhancing its presence in the Mediterranean.
The new branch will...
VLCC Rates Plummet 50% as East Sees Highest Tonnage Supply of...
With the Iran-Israel conflict now seemingly settled, the tanker market appears to be entering its anticipated summer phase, characterized by a notable surge in...
ECT Commences Electrification of AGVs and Terminal Trucks with EU Support
Hutchison Ports ECT Rotterdam (ECT) has officially commenced its ambitious plan to electrify operations at its Euromax terminal, marking a significant step towards its...
CSSC Shanghai Waigaoqiao Delivers 15 Ships, Wins 8 New Contracts
Shanghai Waigaoqiao Shipbuilding delivered 15 vessels totaling 1.40 million DWT and secured 8 new ship orders in H1 2025.
The shipyard launched the...
KR Unveils First Ever Boil-Off Gas Recycling Demo
HD Hyundai Heavy Industries successfully conducted the world’s first technical trial to recycle boil-off gas (BOG) generated during LNG-powered ship construction.
The process...
HKC Implementation Faces Headwinds in Key Shipbreaking Nations
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), initially adopted in 2009, has had a protracted and...
HD Hyundai Units Team Up To Accelerate Autonomous Ship Technology
Two affiliates of South Korea's HD Hyundai — Avikus and HD Hyundai ENT — have signed a memorandum of understanding (MoU) to fast-track the...
Zhoushan Becomes First Chinese Port To Launch e-BDNm For Bonded Bunkering
Zhoushan has made history by becoming the first port in China—and the third globally—to implement electronic bunker delivery notes (e-BDN), marking a key milestone...