In a major step toward scaling marine decarbonization technologies, PowerCell has signed a SEK 44 million agreement with a leading Italian marine OEM for the development and delivery of a new high-power marine fuel...

The Port of Gothenburg has signed long-term lease and port dues agreements with Inter Terminals Sweden, solidifying a 25-year partnership that supports sustainable growth and the transition to renewable fuels. Long-Term Stability to Drive Energy...

Australian mining giant BHP has taken a significant step toward greener maritime operations by chartering two newbuild Newcastlemax bulk carriers from COSCO Shipping Bulk, reads an official press release. BHP charters newbuild COSCO ammonia bulk...

Port Houston marked a major milestone in June with the announcement that the Houston Ship Channel Expansion, widely known as Project 11, has received full federal funding. The President’s Fiscal Year 2026 budget includes...

In an ABS insightful video, industry experts delve into the growing demand for methanol as a cleaner marine fuel, exploring both the drivers behind its adoption and the challenges of green methanol production. They...

Transpacific container shipping rates have fallen sharply as the anticipated peak season appears to have ended earlier than expected. After surging in mid-June due to increased demand and front-loading ahead of potential tariffs, rates...

Fujairah’s low-sulfur fuel oil (LSFO) ex‑wharf premiums have remained largely stable in July, while downstream margins continue to feel the squeeze. This reflects a delicate balance between tightening supply fundamentals and competitive pressure in...

FMC probes global flag registries and chokepoints over unfair shipping practices. Concerns rise over safety, labor, and environmental standards under “flags of convenience.” Public input sought to guide potential enforcement and policy reforms. The...

MOL Expands Chemical Logistics with LBC Acquisition. LBC Deal Adds Tank Storage to MOL’s Portfolio. MOL Targets Energy Transition with LBC Integration. On June 30, Mitsui O.S.K. Lines, Ltd. (MOL) shared some exciting news:...

$1.5 Trillion Needed for Shipping’s Green Shift Call to Scale Green Fuels Beyond Pilot Stage Coalition Pushes EU to Bridge Funding Gaps With the EU and IMO regulatory frameworks changing and Denmark taking the...