LATEST ARTICLES

World’s First Single-Fuel Biomethanol CTV Sets Sail for a Sustainable Future

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The Transporter, developed by Northern Offshore Services (part of NYK's Northern Offshore Group), is the world’s first single-fuel biomethanol Crew Transfer Vessel (CTV), powered by a methanol engine running on biomethanol from sustainable...
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Gasum Uses Bio-LNG to Power Vessel and Achieve FuelEU Maritime Compliance

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Gasum has partnered with shipowner Bernhard Schulte to power the 7,500 m³ vessel Kairos with renewable bio-LNG. The FuelEU Maritime regulation allows emission pooling, where over-compliant vessels can offset the emissions of under-compliant...
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U.S.–Mexico Grain Trade Grows, Driving Handysize and Supramax Demand

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This week’s spotlight analyzes the changing dynamics in grain dry bulk shipments from the United States to Mexico. Rising US Grain Exports to Mexico Fuel Demand for Smaller Bulk Vessels Between 2022 and 2024, US grain...
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Maersk Says Container Demand Depends on US-China Deal

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A.P. Moller-Maersk has adjusted its container volume forecast for the year, now projecting a range from a 1% decline to a 4% increase, down from an earlier estimate of a 4% increase. The...
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Aging VLCC Fleet Shaping Market Trends

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The VLCC market is seeing an increase in the nominal fleet size, but the effective capacity is growing at a slower rate due to older vessels being less efficient and many operating well...
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Berge Bulk Launches Onboard Carbon Capture Trial

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Berge Bulk has installed a carbon capture system on its 63,000 DWT Ultramax vessel, Berge Yotei, as part of its Maritime Marshall Plan for decarbonisation. The system, developed by Value Maritime, integrates CO₂...
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Red Sea Ceasefire Unlikely to Prompt Quick Shipping Return

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A US-Houthi ceasefire announced on May 6 aims to end attacks on US vessels in the Red Sea and Bab al-Mandab Strait, easing pressure on global shipping routes. Shipping companies remain cautious, awaiting...
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Tariff Shock Disrupts US-China Trade as First Heavily Taxed Cargo Arrives

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The first ships carrying Chinese goods under the new 145% US tariff have arrived, triggering a steep drop in imports and fears of inflation and product shortages. The Port of Los Angeles reports...
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HD Hyundai and Partners Sign Deal on AI-Powered Humanoid Robots for Shipbuilding

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HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Robotics, Persona AI, and Vazil Company signed an agreement to work together on humanoid robots. Prototype humanoid robots will be prepared by the...
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Trump Administration Weighs U.S. Virgin Islands Shipping Registry To Boost Maritime Strength

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The Trump administration is exploring a proposal to establish an international shipping registry in the U.S. Virgin Islands (USVI), aiming to expand the American-flagged commercial fleet. This move could enhance national security by reducing...
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