Heidelberg Materials Launches Methanol-Powered Cement Carrier
Heidelberg Materials Northern Europe, in partnership with the Hartmann Group and the Norwegian NOx Fund, on Thursday (11 December) announced the launch of a methanol-powered cement carrier.
The company said the vessel marked a major...
Tanker Markets Hold Firm in Week 50 Despite Pressure on Clean Segments
LR2
LR2 rates in the Middle East Gulf were largely unchanged this week. The TC1 MEG–Japan index held steady around WS155, keeping TCEs in the $37,000–39,000/day range. Westbound TC20 MEG–UK Continent voyages remained flat at...
Qingdao Port Halts Rizhao Terminal Deal After US Sanctions Move
Qingdao Port has scrapped its planned acquisition of two Rizhao oil terminal companies.
The decision follows Rizhao Shihua’s inclusion on the US SDN sanctions list.
The company says the move will not affect...
Bulk Market Slips Further as Week 50 Closes on a Softer Note
Capesize rates corrected sharply, with losses across both Atlantic and Pacific basins.
Panamax and Ultramax segments stayed under pressure despite brief regional support.
Handysize markets remained soft, with limited demand capping any recovery.
The...
World’s Longest Train Journey Opens After New China–Laos Rail Link
A newly opened rail link between China and Laos has enabled the longest continuous train journey ever recorded.
The route spans 11,650 miles, covering the distance from Portugal to Singapore in approximately 21...
Global Vessel Cascading Enters A New Phase As Secondary Trade Lanes Absorb Excess Capacity
The latest Sea-Intelligence Sunday Spotlight (Issue 744) reveals a significant shift in global container vessel deployment patterns. An analysis of more than 16,000 vessel transfers across 2024 and 2025 shows that the well-known “Cascading...
South Korea Launches First State-Owned All-Electric Ferry At Busan Port
South Korea has marked a major milestone in maritime decarbonisation with the launch of its first state-owned all-electric ferry by Busan Port Authority (BPA). Built locally and powered by ABB’s end-to-end electric propulsion and...
Italian Ports Record Cargo And Passenger Growth In First Half Of 2025
Italian ports handled close to 250 million tonnes of cargo during the first half of 2025, marking a 1.2% year-on-year increase, according to data released by Assoporti and SRM. Growth was supported by stronger...
Galveston LNG Bunker Port Secures Commercial Commitment For LNG Fuel Supply
Galveston LNG Bunker Port, LLC (GLBP), a Texas-based developer of the first dedicated LNG bunkering facility on the US Gulf Coast, has signed a commercial commitment with an international shipping company to supply LNG...
China Launches First ASEAN Container Route Under “On-Time, Cost-Reduction” Shipping Programme
China has launched its first ASEAN container shipping route under the national “on-time, cost-reduction” programme, connecting the Port of Ningbo-Zhoushan with Ho Chi Minh City in Vietnam. Announced by the Maritime Safety Administration (MSA)...