North Sea Study Reveals Methanol Voyages Can Slash Emissions by 80% on Tyne–IJmuiden Route
According to Safty4Sea, methanol-powered voyages on the Tyne–IJmuiden corridor could cut greenhouse gas emissions by up to 80% while avoiding as much as £420 million in future regulatory costs. The study positions this busy...
Global Volumes Climb 2.8% in October Amid Softening Price Index
According to Container Trades Statistics Ltd., global container volumes strengthened again in October, rising 2.8% from September and returning above the 16 million TEU threshold. Liftings reached 16.3 million TEUs, marking the sixth time...
Global Trade Surges to a Record $35 Trillion as East Asia and Africa Drive...
Global trade is projected to grow about 7% this year, adding $2.2 trillion and marking a new all-time high. East Asia, Africa and South–South trade continue to power the expansion, while manufacturing—especially electronics—remains the...
Fed Cuts Interest Rates Again as Markets Rally to New Highs
According to the latest update from Yahoo Finance, the Federal Reserve lowered interest rates by 0.25% at the close of its two-day meeting. The move marks the third rate cut this year and immediately...
US–China Trade Corridor Faces Structural Collapse Amid Long-Term Decoupling Trends
Recent trade data from both the United States and China reveals that the world’s most significant trade corridor is undergoing a fundamental shift. What was once seen as temporary fluctuation due to tariffs or...
India’s West Coast Leads Bunker Fuel Demand in November Amid Strong Pricing And Supply...
India’s west coast bunker fuel market remained strong in November, supported by competitive pricing and improved refinery supplies. Key ports such as Mumbai, Kandla, and Kochi recorded healthy activity, even as east coast ports...
Wärtsilä Strengthens Engine Supply Chain Through Strategic Partnership With Siempelkamp Giesserei
Wärtsilä has entered into a strategic partnership with Siempelkamp Giesserei, one of the world’s leading producers of large cast components. The collaboration aims to secure reliable access to critical engine parts, support Wärtsilä’s production...
Hengli Heavy Industries Wins Eight-Vessel Order As Global Shipbuilding Momentum Accelerates
Hengli Heavy Industries has secured a major newbuilding package involving eight deep-sea vessels from Greek shipowners Capital and Aegean Bulk, and Norway’s Uthalden. The deal, revealed through Hengli Group’s official channels, strengthens the company’s...
Dry Bulk Market Softens Across Segments As Year-End Approaches
The dry bulk market experienced a softer tone across Capesize, Panamax, and Supramax segments this week, with declining enquiry levels, increasing spot tonnage, and cautious chartering activity. While some regions showed brief resistance, overall...
Hanwha Partners With U.S. Startup Vatn Systems To Develop Autonomous Underwater Drones
South Korean conglomerate Hanwha Group has joined forces with U.S.-based defense startup Vatn Systems to develop advanced autonomous underwater drones for the U.S. Navy. The collaboration marks a significant step in strengthening bilateral defense...