China’s Crude Imports Surge to 5-Month High in March

Iranian Oil Hits Record 1.8mbd as Shandong Leads the Charge. OFAC Sanctions Spark Refiners’ Rush to Stockpile Iranian Crude. Shandong Teapots Flex Muscle...

MSC Cruises Celebrates the Glamorous Naming of MSC World America in Miami

MSC Cruises officially named its new flagship MSC World America at a star-studded ceremony in Miami on April 9, 2025. Actress Drew Barrymore...

Report Highlights Green Methanol as Leading Climate-Neutral Fuel for Shipping

Green methanol is identified as the most practical low-carbon fuel for international shipping, with up to 96% CO₂ reduction over a ship’s lifecycle. ...

U.S. and Panama Sign Security Pact Near Panama Canal

New Agreement Allows U.S. Troop Deployment Near Canal for Training. Panama and U.S. Expand Security Cooperation Adjacent to Canal Zone. Panama Strengthens Canal...

Khalifa Port welcomes First LNG-Powered Vessel

United Global Ro-Ro Debuts LNG-Powered Carrier at Khalifa Port. First LNG-Powered Ro-Ro Vessel Calls at Khalifa Port Under UGR-Noatum JV. UGR Launches Eco-Friendly...

Van Oord’s Net Profit Hits $43m in 2024

Van Oord, the Dutch maritime contractor, reported a net profit of €127 million for 2023, more than doubling its 2022 figure of €60 million....

RINA Grants Approval for Methanol Superstorage

SRC Methanol Superstorage Technology  has secured Approval in Principle (AiP) from leading classification society RINA. The comprehensive AiP confirms that the highly space...

Carriers Double Down on Blank Sailings to Stabilize Rates

83 sailings canceled out of 713 scheduled in East-West trades (weeks 16–20), marking a 12% blank sailing rate. Transpacific Eastbound trade will face...

March 2025 U.S. Container Imports Maintain Momentum Amid Tariff Challenges

U.S. container imports rose 6.3% in March 2025 compared to February and 11% year-over-year, maintaining strong momentum from January’s surge past 2.4 million TEUs. ...

MAN Energy Solutions to Power CO₂ Storage Operations on Easymax 5

Royal Niestern Sander shipyard orders two MAN 16V175D MEM GenSets for installation on Easymax 5, a multi-purpose vessel supporting offshore carbon capture and...