LATEST ARTICLES

Apollo Funds to Acquire Hav Energy from HitecVision

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Apollo Global Management to acquire Hav Energy LNG Holding AS from HitecVision, expanding in maritime LNG carrier infrastructure. Hav Energy owns 10 LNG...

Call for Maritime Innovators to Join Transport Accelerator

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Connected Places Catapult, funded by Innovate UK, launches the first Transport Accelerator: Maritime to support SMEs with innovative maritime and transport solutions. The...

VesselBot Flags Emissions Rise as Trade Reroutes to Asia

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VesselBot's Q1 2025 report reveals a 19.38% rise in GHG emissions and a notable shift in shipping patterns due to geopolitical tensions. Emissions...

Panama Canal Faces Trade Challenges Amid Shifting Global Dynamics and Tariff Impacts

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The Panama Canal is experiencing the effects of shifting global trade patterns and tariffs, particularly following changes in U.S.–China trade relations. Freight volume...

Methanol and LNG Lead April 2025 Green Vessel Orders

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49 alternative-fuelled vessels were ordered in April 2025, marking a 5% year-on-year increase. Methanol and LNG led the orders with 24 and 20...

Trump Halts US Bombing of Houthis Following Shipping Lane Agreement

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On May 6th, 2025, President Donald Trump announced that the United States would cease its bombing campaign against the Houthi rebels in Yemen. This...

Tanker Freight Rates Could Strengthen This Summer on OPEC Production Hike

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Over the last few weeks, temporary mismatches in vessel availability and cargo demand (positional imbalances) have caused freight rates to rise towards the higher...

Fujairah Oil Inventories Steady as Gasoline Rise Offsets Fuel Oil and Middle Distillate Drops

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According to data released by the Fujairah Oil Industry Zone on May 7th, 2025, oil product inventories at the UAE's Port of Fujairah remained...

How Far to Zero? Getting to Zero Coalition Benchmarks Shipping’s Decarbonization Journey

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The "Getting to Zero Coalition Action Framework: Documenting actions towards decarbonising shipping" report, released by the Global Maritime Forum's Getting to Zero Coalition, provides...

Wallenius Wilhelmsen Lands $140 Million Shipping Contract with Construction Giant

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Wallenius Wilhelmsen has secured a new three-year shipping contract, valued at approximately $140 million, with a major global manufacturer of construction and mining equipment....
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