ITOCHU Sets Sail on Singapore’s 1st Newbuild Ammonia Bunkering Vessel
ITOCHU’s subsidiary CABS commissions a 5,000 m³ ammonia bunkering vessel, with delivery slated for September 2027.
The vessel enables offshore, ship-to-ship ammonia fueling...
Analyst Optimism on Tankers as Rates Gain Momentum
Tanker freight rates rebound to multi-week highs after earlier 2025 lows.
Product tanker equities surge up to 25%, outperforming crude-focused stocks.
Strong Q2...
Canada Moves to Slash Price Cap on Russian Seaborne Crude
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, and the Honourable Anita Anand, Minister of Foreign Affairs, on August 8 announced that...
COSCO Seeks At least 20% Stake in $23B Panama Canal Ports...
China's state-owned shipping giant COSCO aims to secure at least a 20%-30% stake in a $23 billion ports deal involving strategic assets in the...
Maersk Weighs Korean vs Chinese Shipyards for $2.8B Vessel Contracts
Maersk is assessing bids from both Korean and Chinese shipyards for 12 dual-fuel mega container ships.
Chinese yards are offering about $20 million...
MOL PLUS Makes Third Investment In Doppler LiDAR Innovator Metro Weather
MOL PLUS, the corporate venture capital arm of Mitsui O.S.K. Lines (MOL), has announced a third round of investment in Kyoto-based Metro Weather, a...
AVTL Greenlights €170M LPG And Liquid Products Terminal At Mumbai’s JNPA...
AVTL has taken a positive final investment decision to develop a new greenfield terminal at Jawaharlal Nehru Port Authority (JNPA) in Mumbai, featuring a...
AAPA Backs Tax Credit Plan To Reshore US Port Crane Manufacturing
As the US Trade Representative (USTR) advances policies aimed at reducing reliance on Chinese-made maritime equipment, the debate over ship-to-shore (STS) cranes has intensified.
While...
Dubai Ports Authority Launches Safety Awareness Drive For Bunkering Operations
The Ports, Customs and Free Zone Corporation (PCFC), through the Dubai Ports Authority (DPA), has unveiled a comprehensive awareness campaign to strengthen safety protocols...
RSI And DNV Study Exposes Barriers To Green Transition For Short...
A joint study by the Responsible Shipping Initiative (RSI) and DNV, co-funded by the Swedish Transport Administration, has revealed that while Swedish cargo owners...