ABS Develops Lithium-Ion Battery Fire Simulation
ABS Model Predicts Thermal Runaway in Lithium-Ion Fires.
ABS Validates EV Fire Model with Texas A&M.
New ABS Tool Tackles Maritime EV Fire Risk.
ABS reports that it has developed an innovative simulation model...
Asia-US Container Rates Continue Sharp Decline Amid Excess Capacity
Container shipping rates from Asia to the US have dropped further due to low demand and increased vessel capacity.
Drewry and Freightos report significant week-on-week declines, especially on routes to Los Angeles and...
Deltamarin 3,500 TEU Design Aims for Zero-Carbon Shipping
Deltamarin has introduced a concept design for a 3,500 TEU container feeder vessel powered by ammonia.
The design prioritizes safety, integrating advanced risk mitigation systems and layout modifications.
It was developed in collaboration...
Port of Seattle, Tacoma, and NWSA Support 265K Jobs, Billions in Output
In 2023, the Northwest Seaport Alliance, Port of Seattle, and Port of Tacoma collectively supported over 265,000 jobs and generated nearly $55 billion in business output.
The Port of Seattle’s operations alone contributed...
Cancelled Sailings Tracker: Weekly Trends Indicate Shifting Market Dynamics
Cancelled sailings on major East–West routes are set to decline, with a sharper drop forecasted on the Transpacific in July.
Despite reduced cancellations, spot rates are falling due to capacity outpacing demand, especially...
U.S. Grain Shipments Up 9% in H1 2025 Despite Sharp Decline in Exports to...
U.S. seaborne grain shipments rose 9% year-over-year in H1 2025, driven by stronger maize exports.
Despite a steep drop in exports to China due to higher tariffs, the U.S. redirected cargoes to Asia,...
India’s ONGC and Japan’s Mitsui OSK Partner to Build Ethane Carriers
ONGC has signed an agreement with Japan’s Mitsui O.S.K. Lines to develop and operate two Very Large Ethane Carriers (VLECs).
The vessels will transport imported ethane to ONGC Petro additions Ltd (OPaL), supporting...
Performance Shipping Eyes Fleet Growth After $100 Million Nordic Bond Market Raise
Greek tanker operator Performance Shipping has raised $100 million through the Nordic bond market to support fleet expansion or repurchase existing bonds.
The bonds, maturing in July 2029, carry a 9.875% annual fixed...
Beihai Shipbuilding Launches First 319,000 DWT VLCC Ahead of Schedule
CSSC Qingdao Beihai Shipbuilding launched its first 319,000 DWT VLCC for Belgium-based CMB.TECH’s Euronav on June 30, 2025.
The vessel was completed 58 days ahead of schedule, following strict quality and process standards.
...
Methane Emissions in Shipping Higher Than We Thought, Study Finds
Ship movements in shallow, organic-rich waters can release methane emissions up to 20 times higher than in undisturbed areas.
Methane fluxes are linked to ship-induced pressure changes and water mixing, not just LNG...