Merchant vessels navigating the tense waters near the Strait of Hormuz have begun broadcasting unconventional radio messages in a bid to prevent attacks amid heightened regional tensions, reports Reuters. The messages, relayed over maritime VHF...

Oil prices rebound above $85/bbl amid rising geopolitical tensions, particularly in the Middle East and North Africa. Demand outlook remains fragile, with uneven economic recovery in China and persistent global macroeconomic uncertainties. Market...

A sustained heat wave across Western Europe has led to a significant drop in water levels on Germany's crucial Rhine River, severely disrupting shipping operations and driving up freight costs for cargo owners. Impact on...

On June 28, 2025, a significant event in the shipbuilding world took place at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard) with a naming ceremony for two new MR (Medium Range) chemical...

Liquefied Natural Gas (LNG) is increasingly vital in the global energy landscape, serving a dual purpose: enhancing energy security and significantly contributing to emissions reduction programs. Significant Advancement US-listed Capital Clean Energy Carriers is pioneering a...

The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates. According to the latest market update, shippers are experiencing a...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a significant contract win, securing orders for four Liquefied Natural Gas (LNG) carriers from an Oceania-based shipping company. The deal, valued at approximately 1.396...

The Youyiguan Port, also known as Friendship Pass, a critical land gateway connecting China and Vietnam, is on the cusp of a major transformation with its smart port project nearing completion. This ambitious initiative...

The Global Centre for Maritime Decarbonisation (GCMD), in collaboration with ecosystem partners, has successfully demonstrated the full value chain for onboard captured CO2, including offloading, handling, transport, and utilisation. The captured CO2 was...

The Port Authority of Valencia (APV), which manages the ports of Valencia, Sagunto, and Gandia, has officially approved its adhesion to the Upcycling the Oceans project. This significant move underscores APV's commitment to environmental...