UK SHORE Program Allocates £30M to Accelerate Green Maritime Fuels and Technologies
The UK government is investing a total of £30 million (approximately €34.4 million) in a new round of funding to support the decarbonization of the country's maritime sector and stimulate local economies. The announcement...
Capesize Continues Strong Rally While Smaller Segments See Easing Rates
The dry bulk shipping market saw a mixed performance this week, with the Capesize segment continuing its strong rally while other segments experienced softening rates.
Capesize
The Capesize market remained firm and gained significant momentum in...
How Localized Disruptions Can Create Global Natural Gas Market Shocks
The global natural gas market remains susceptible to geopolitical tensions, a fact highlighted by recent events in the Middle East. While major energy chokepoints largely remained open, localized disruptions, particularly to Israel's gas exports,...
NorthStandard’s Crew Care Program Aims to Boost Emotional Well-being at Sea
NorthStandard's "Mind Matters at Sea" is a comprehensive crew care program designed to support the emotional well-being of seafarers. The program aims to address the significant challenge of mental health issues in the maritime...
Tanker Market Weekly Report Mixed Signals Across Global Segments As VLCCs Slide
The global tanker market in Week 30 (ending 25 July 2025) showed a mix of stability, moderate gains, and significant declines across vessel types and trade routes.
While the clean tanker segment remained largely steady...
Japan’s Container Exports To U.S. Decline Amid Shifting Transshipment Patterns
Japan’s container exports to the United States dropped by 5% in June, marking the third consecutive month of year-on-year decline, according to the Japan International Freight Forwarders Association (JIFFA). The total volume reached 51,468...
NYK Group Charts Multi-Fuel Path To Decarbonization With LNG
Japan’s NYK Group, one of the world’s largest shipping conglomerates, is adopting a phased approach to reduce greenhouse gas emissions by transitioning from oil-based fuels to alternative marine fuels.
With an ambitious target to cut...
Haropa Port Sees Strong Growth In Container Traffic Amid Bulk Cargo Decline In H1...
Haropa Port reported handling 1.51 million TEUs in the first half of 2025, a 4% increase compared to its already record-breaking performance in the same period of 2024. While total maritime traffic showed a...
Hamburg Fleet Trials HVO 100 Fuel To Advance Low-Emission Shipping
As part of its long-term zero-emissions strategy, Hamburg Fleet is reinforcing its commitment to low-emission shipping by introducing HVO 100 (Hydrotreated Vegetable Oil) as an alternative fuel.
While electrification remains the fleet’s core goal, the...
“K” LINE Group Marks Record Participation In Global Cleanup Drive For World Oceans Day
In honor of World Oceans Day (June 8), the “K” LINE Group organized a global cleanup campaign involving its employees and their families. The initiative, aimed at promoting ocean conservation and biodiversity, took place...