PowerCell Secures SEK 44 Million Deal For 1 MW Marine Fuel Cell System With...
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...
Port of Gothenburg And Inter Terminals Sweden Sign 25-Year Agreement
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...
BHP Charters COSCO’s 1st Ammonia Dual‑Fuel Newcastlemax Duo
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 Celebrates Funding of Project 11
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...
[Podcast] Can Green Methanol Power the Shipping Revolution?
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...
Freightos: Transpac Rates Slide on Early End to Peak Surge
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...
July LSFO Ex‑Wharf Premiums Hold Steady, Margins Under Pressure
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 Flags and Chokepoints in Global Shipping Crackdown
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 Acquires LBC Tank Terminals for $1.7 Billion
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:...
Cleantech Group Urges Action on Green Maritime Transition
$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...