[Watch] ABS: Meeting Maritime’s Methanol Demand
With the demand for methanol as a marine fuel expected to grow rapidly over the coming years, can green methanol production scale enough to help shipowners comply with evolving regulations?
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Houthis Use UN-Funded Oil Tanker to Store & Sell Fuel, Defying Sanctions
UN-funded tanker VLCC Yemen is now under Houthi operational control and used for fuel storage and sales.
At least three ship-to-ship transfers, including Russian gasoil, have been conducted to support Houthi fuel distribution.
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K-Line Charts New Course as U.S. Tariff Storm Looms
Kawasaki Kisen (K-Line) is actively reducing its container service frequency and fleet capacity on U.S. routes.
CEO Takenori Igarashi confirmed that the company is prepared to divert ships to other regions—like Europe, the Middle...
Port State Control Targets Ballast Water Management
This year’s Port State Control Concentrated Inspection Campaign (PSC CIC), taking place from September 1 to November 30, will focus on ballast water management. DNV reports the Paris and Tokyo MoUs have agreed to...
Dry Bulk Market Sees Mixed Momentum As Capesizes Surge And Panamaxes Pause
The global dry bulk shipping market continues to present a dynamic picture across vessel segments. Capesizes are enjoying strong gains driven by tightening tonnage and solid demand from Brazil and West Africa.
Panamaxes, however, softened...
Tanker Market: Rates Shift Amid Geopolitical Uncertainty and Regional Tightness
In the first half of July 2025, the global crude tanker market experienced mixed signals across major vessel segments. While VLCCs saw a temporary rate boost driven by geopolitical developments and program delays, the...
Strong Market Conditions Stall Ship Scrapping In H1 2025
Scrap sales of container vessels have hit record lows in the first half of 2025, as strong freight and charter markets keep older tonnage in service. Only 10 ships totaling 5,454 TEU were sold...
Wuhu Shipyard’s Fourth Eco-Efficient Chemical Tanker Earns Industry Validation
China’s Wuhu Shipyard has achieved another milestone in green shipbuilding with the validation of its fourth eco-efficient chemical tanker model.
Designed with a strong focus on sustainability, safety, and evolving market requirements, the vessel has...
South Africa Charts Course For Maritime Decarbonization With National Task Force
South Africa has taken a decisive step toward a greener maritime future by outlining key strategies to align with IMO’s decarbonization goals, including the formation of a national task force, development of green shipping...
LNG-Powered Shipping On The Rise, But Long-Term Compliance Demands Green Alternatives
The global shipping industry is witnessing a sharp rise in dual-fuel vessels powered by liquefied natural gas (LNG), with forecasts projecting up to 1,200 LNG-powered ships by 2028, according to KPI OceanConnect.
While this surge...