Fortescue Issues First-Ever Digital Fuel Certificate for Ammonia Ship Transfer
Fortescue, in partnership with Trovio and the Green Hydrogen Organisation, has issued the world’s first digital fuel certificate for an ammonia-to-ship transfer.
The transaction, carried out at the Port of Rotterdam, highlights the...
Crowley Launches First Direct Shipping Route Between U.S. Northeast and Central America
Crowley introduces its first ocean shipping service linking Philadelphia to Central America.
The service utilizes advanced LNG-powered Avance Class vessels for fast, efficient, and sustainable transport.
Five-day direct transit supports regional trade growth,...
PowerCell’s Marine System 225 Achieves Lloyd’s Register Type Approval
PowerCell’s Marine System 225 receives Type Approval from Lloyd’s Register, validating its safety and performance for maritime use.
The system offers 225 kW of zero-emission, vibration-free power, helping shipowners meet IMO and EU...
Veson Nautical: U.S. Fleet Ranks 4th Globally with Valuation of USD 116.5 Billion
The U.S. ranks fourth globally in fleet value, with assets totaling USD 116.5 billion.
Cruise ships are the most valuable segment, accounting for over half of the U.S. fleet's worth.
Despite softening freight...
Hanwha Systems Invests in Hanwha Ocean’s U.S. Shipping Arm
Hanwha Systems to invest 84.63 billion won in HS USA Holdings through full subscription of rights offering
Investment supports expansion of Hanwha Shipping, a U.S.-based subsidiary of Hanwha Ocean established in April 2024.
...
ReCAAP ISC Provides Updated Guidance for Navigating Asian Waters
The ReCAAP ISC (Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia Information Sharing Centre) has indeed reported five incidents of armed robbery against ships in Asia during the week...
Key Measures for Vessels Calling at Ports in Conflict Zones
The recent escalation of conflict in the Middle East, involving Israel, Iran, and the USA, has understandably led numerous maritime authorities and flag administrations to issue urgent alerts. These advisories are crucial for informing...
Beyond Projections: “Ville de Bordeaux” Demonstrates Tangible Impact of eSAIL Wind Propulsion
bound4blue has delivered compelling evidence of the commercial viability of its eSAIL® wind propulsion technology, following the release of third-party assessed operational fuel savings on the Louis Dreyfus Armateurs (LDA) owned Ro-Ro vessel, Ville...
Pacific Softness Hits Capesize While Atlantic and Asian Momentum Buoys Panamax and Supramax
The Capesize market for the C5 route (West Australia to China) has experienced a subdued week, indicating a softening sentiment in the Pacific basin. This aligns with broader trends reported for the Capesize sector.
Capesize
The...
VLCC Rates Soften as Suezmax and Aframax Markets Stabilize
The past week has seen an intensely volatile period for Very Large Crude Carriers (VLCCs), with freight rates in the Middle East Gulf (MEG) to East routes experiencing dramatic spikes in response to escalating...