CSSC Shipping Orders Two Newcastlemax Bulkers To Boost Dry Bulk Fleet
CSSC Shipping, the Hong Kong-listed leasing arm of China State Shipbuilding Corporation, has expanded its dry bulk fleet with an order for two newcastlemax newbuilds. The deal strengthens its position in the bulk sector...
Insetting Can Speed Up Shipping Decarbonisation But Needs Strong Guardrails
A new analysis by the UCL Energy Institute, supported by UMAS, reveals that voluntary insetting schemes could play a crucial role in decarbonising the maritime sector ahead of regulation.
These schemes, if designed with strong...
“K” LINE Launches LNG-Fueled Car Carrier Tethys Highway
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) welcomed the delivery of Tethys Highway, a next-generation car carrier with a 6,900-vehicle capacity. Powered primarily by liquefied natural gas (LNG), this vessel marks another major step toward...
Greek Tankers Reroute Russian Oil Via Africa Amid Red Sea Threats
Amid escalating security threats in the Red Sea, several Greek-managed oil tankers transporting Russian crude to Asia have rerouted via Africa's Cape of Good Hope. This shift follows deadly Houthi attacks that have significantly...
Gas Market Split: LNG Cools While LPG Heats Up in Week 29
The Baltic Exchange gas market report for Week 29 of 2025 reveals diverging trends across LNG and LPG freight, with liquefied natural gas rates easing amid oversupply, while LPG routes—especially in the Atlantic—showed notable...
Container Liner Rankings Shake Up as Italy and UK Climb in 2025
The latest mid-2025 update to the global rankings of container liner carriers by country shows some notable changes, reflecting shifts in fleet strategies and market developments over the past six months, Container News.
Global rankings...
Sanfu Unveils Methanol-Powered Feeders for North Sea Green Corridor
Sanfu Shipyard delivered two advanced 1,300 TEU methanol dual-fuel container feeders to MPC Container Ships and North Sea Container Line.
The vessels are designed for carbon-neutral operation with state-of-the-art methanol fuel systems and...
US Lawmakers Propose Twin Bills to Tackle Maritime Pollution
Senators Alex Padilla and Sheldon Whitehouse reintroduced two bills earlier this month to curb shipping emissions, this time with broader support from lawmakers in both chambers of Congress, reports Offshore Energy.
Clean Shipping Act
The Clean...
MPCC Charts a Greener Course with $228M Newbuild Orders
MPCC has ordered four dual-fuel-ready 4,500 TEU vessels for delivery in 2027, each secured with long-term charters expected to generate $140 million in revenue.
The company has secured $102 million in new green-linked...
Global Maritime Leaders Chart a Greener, Smarter Future
In mid-July 2025, the China Classification Society (CCS) hosted a major international summit in Beijing, bringing together over 80 representatives from global maritime organizations, regulatory bodies, shipowners, and shipyards, reports Container News.
The summit, held...