LATEST ARTICLES

MPC Container Ships Orders Six Newbuildings, Expands Financing, and Advances Portfolio Initiatives

Six 3,700 TEU container newbuildings ordered with 10-year charters attached Joint venture established to optimize capital deployment Revolving credit facility upsized and margins reduced Older vessel divested as part of fleet modernization According to...

Toxic Gas Hazards in Coconut Oil Cargoes Underscored by Recent Tank Entry Incidents

Recent tank entry incidents have exposed severe toxic gas risks linked to coconut oil cargoes Cargo movement during tank entry was a critical contributing factor Coconut oil derivatives can rapidly create oxygen-deficient and...

MABUX Bunker Indices Extend Decline in Week 51 as Market Shows Early Rebound Signals

Global bunker indices declined further across all major fuel grades in Week 51 Scrubber spreads narrowed but remained below the USD 100 breakeven level European gas prices continued a moderate downtrend amid weaker...

EU E-Fuels Sector Faces Rising Global Competition

EU e-fuel producers face growing competition from China, the Middle East and the US Shipping decarbonisation needs up to €47 billion a year by 2035 Industry urges stronger EU action to protect early...

J-ENG Starts Development of Methanol-Fueled Marine Engine

J-ENG has begun work on a new methanol-fueled marine engine Development follows earlier progress on ammonia and hydrogen engines The methanol engine is targeted for completion by FY 2027. Japan Engine Corporation has started...

EU Adds 41 More Ships to Russia Shadow Fleet Sanctions List

The EU has sanctioned 41 additional vessels linked to Russia’s shadow fleet The total number of designated ships is now close to 600 Sanctioned vessels are barred from EU ports and maritime services The...

US Action Signals Shift in Dark Fleet Enforcement

Authorities are moving from monitoring dark fleet tankers to direct action False flags and AIS manipulation are now triggering physical intervention Enforcement focus is shifting from individual ships to wider networks The seizure of...

Hapag-Lloyd & NCL to Power Vessels with e-fuels from 2027

Hapag-Lloyd and North Sea Container Line (NCL) have won the Zero Emission Maritime Buyers Alliance’s (ZEMBA) second tender to deploy hydrogen-derived e-fuels, enabling member companies to reduce emissions from ocean transport, reports Marine Insight. Zero...

Panama Canal Delivers $2.965 bln Boost to National Development

The Panama Canal Administration (ACP) has transferred $2.965 billion to Panama’s National Treasury, marking one of the most significant fiscal contributions in the institution’s history, reports AJOT. The funds derive from operational surpluses, transit tonnage...

American Club: Key Info on Upcoming Turkish Environmental Pollution Fines

American P&I Club provides information on the updated 2026 environmental pollution fines in Turkey, including regulations, fine adjustments, and practical recommendations for vessel operators to avoid penalties, reports Safety4sea. According to the Club, a revised...