BAR Technologies signs deal with WindWaves to Manufacture New 20m & 24m WindWings

WindWaves expands European partnership with BAR, having previously agreed to manufacture and sell BAR’s 37.5m WindWings® Smaller 20m & 24m WindWings® set to open up immense opportunity for wind propulsion on smaller vessels within...

Rotterdam Fuel Prices Shift as LNG, VLSFO Gap Narrows

Rotterdam’s B24-VLSFO HBE and LNG prices have moved closer, with LNG now only slightly cheaper. EU Emission Allowance (EUA) costs narrow the price difference between these fuels further. Vessels using bio-blends between EU...

ABS Dominates Global Orderbook As Maritime Leaders Eye Sustainable Fuels

Maritime industry leaders from the U.S. and Canada travelled to ABS’ World Headquarters to discuss the latest marine market trends in the emerging ammonia, hydrogen and carbon economies, offshore renewables and nuclear energy, reports...

Capesize Recovery & Volatility: Q4 Surge Meets China’s Economic Hurdles

Capesize rates rebound with expected Q4 strength, driven by Atlantic demand, but volatility looms amid weak China stimulus, high iron ore inventories, and potential rebalancing due to oversupply concerns, reports Breakwave Advisors. Capesize Activity Picks...

EU Funds Push for Shore Power in Northern European Ports by 2030

The EU-funded EU.OPS.Network project, supported by €18.8 million, will enable key Northern European ports to provide onshore power supply (OPS) for containerships by 2030. The initiative targets substantial reductions in CO₂ and nitrogen...

Thousands Of Seafarers Still At Risk In Red Sea

Speaking Seatrade Maritime Crew Connect Global Hans Leo Cadac, Secretary of the Philippines Department of Migrant Workers, said that there were approximately 4,687 Filipino seafarers still plying high risk and war like areas. As...

ReCAAP ISC: One Incident Of Armed Robbery 5 – 11 November

Over the past week, 5-11 November 2024, two CAT 2 incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC, reports Safety4sea. Area of concern The incidents occurred onboard a chemical tanker...

Panama Canal’s Expansion and Conservation Efforts to Boost Container Traffic

Panama Canal Authority aims to double container throughput by 2045, with plans for an additional 5 million containers annually. Water conservation strategies are being implemented following a recent drought, focusing on reduced water...

Trump’s Oil Sector Boost: Potential Impact on Tanker Shipping

Trump's energy stance is likely positive for U.S. oil but could challenge international policy. His approach to Russia and Iran could shift tanker demand depending on sanctions or alliances. Global markets may see...

Maritime Innovation Week 2024: Accelerating Sustainable Innovation

Global Leaders Unite to Drive Maritime Innovation and Decarbonization. Accelerating Green Maritime Solutions at London’s Maritime Innovation Week. Port of Tyne and BT Tower Host Maritime Innovation Week 2024. Maritime Innovation Week Agenda set...