Cedar LNG Begins Fabrication Of Indigenous-Led Floating LNG Vessel In South Korea
Cedar LNG has reached a significant milestone as construction begins on its floating LNG vessel at the Samsung Heavy Industries shipyard in South Korea. The project, led by the Haisla Nation in partnership with...
Fairchem Pinnacle Delivered With Advanced LNG Dual-Fuel Technology
The Fairchem Pinnacle, a state-of-the-art chemical tanker, was successfully delivered at Fukuoka Shipbuilding in Japan. The vessel represents a significant step forward in sustainable maritime transport and is the fourth LNG dual-fuel vessel in...
World’s First Sail-Assisted Aframax Tanker Named ‘Brands Hatch’ in Shanghai
China has delivered the world's first sail-assisted Aframax tanker, Brands Hatch, to UK-based Union Maritime, marking a significant step in sustainable ship design.
The vessel features three 40-meter fiberglass sails that can cut...
Borouge And ADNOC L&S Sign $531 Million, 15-Year Deal To Boost UAE Petrochemical Exports
Borouge Plc and ADNOC Logistics & Services (ADNOC L&S) have signed a 15-year strategic partnership valued at $531 million (AED 1.95 billion). This long-term agreement will streamline port and logistics operations to support Borouge’s...
Gothenburg Port Accelerates Green Shipping With Shore Power Project
In a major move to enhance environmental sustainability, the Port of Gothenburg has signed a contract to construct a high-capacity transformer station to power its container and car terminals with shore-side electricity. The initiative...
Panama Canal Chief Warns $23b Port Deal Threatens Neutrality
A $23 billion port acquisition could give a major shipping company undue control, jeopardizing equal access through the Panama Canal.
The country is reviving a key terminal and planning an LPG pipeline to...
ICS: Geopolitical Instability Tops Risks Facing Shipping
Shipping leaders identify rising geopolitical tensions, energy security issues, and regional instability as the greatest threats to maritime operations.
A growing share of maritime decision-makers now view nuclear power as a viable low-carbon...
US–China Strike Trade Truce, Ease Export Curbs
China will grant six-month export licenses for rare-earth minerals, while the U.S. will relax restrictions on key high-tech exports.
Both sides agreed to freeze current tariff levels (U.S. at 55%, China at 10%)...
Freightos: Container Rates Surge as Shippers Rush Ahead of Deadlines
The container rates surging as shippers rush ahead of deadlines, reports AJOT.
Ocean Freight Rates
Transpacific routes saw a moderate increase, now about 15% above early December levels, as shippers frontload ahead of expected tariff...
Hydrogen Engine Partnership Between Belgium and Japan Launched
A new partnerships aims to accelerate the deployment of BeHydro’s dual fuel and 100% hydrogen engines in Japan’s ports and coastal areas.
The engines will now be adapted to meet Japanese standards and...
