GTT Gains Lloyd’s Register AiP for Ammonia-Ready LNG Containment System

GTT receives Approval in Principle (AiP) from Lloyd’s Register for its “NH₃-Ready” notation on the Mark III containment system. Applicable to LNG-fuelled vessels,...

Mitsubishi Shipbuilding Advances Onboard Carbon Capture for Ships with AiP from ClassNK

Mitsubishi Shipbuilding receives Approval in Principle (AiP) from ClassNK for its Onboard Carbon Capture and Storage (OCCS) system, designed to capture and store...

Low Rhine River Levels Push Freight Shipping Costs Higher in Germany

Rhine River freight costs have sharply increased due to falling water levels, with vessels forced to operate at less than 50% capacity. Freight...

Gemini Cooperation Breaks Tradition with Hub-and-Spoke Alliance Structure

For over three decades, the established practice within container shipping alliances has been strictly focused on the major, deep-sea routes. The operational model has...

Chinese Researchers Create 360-Degree All-Weather Maritime Vision System

Chinese researchers have successfully developed an advanced maritime vision system that grants ships comprehensive 360-degree situational awareness. This innovative technology is designed to dramatically...

Seoul Penalizes Firms Involved in Illegal North Korean Iron Ore Transport

On Thursday, April 10th, 2025, South Korea announced independent sanctions against a specific freight ship, its Hong Kong-based operator, and three associated entities. This...

Global Bunker Indices See Sharp Decline, Scrubber Spread Mixed Amid Market Volatility

The significant decline in oil prices, triggered by the United States' imposition of additional customs duties on goods from 185 countries and the resulting...

Saudi Ports Authority Reports Significant Container Handling Growth in March 2025

In March 2025, the ports under the management of the Saudi Ports Authority (Mawani) demonstrated significant growth in container handling. Volumes reached nearly 700,000...

Landmark EU Regulation Aims for “Zero Pellet Loss” to Curb Microplastic Pollution

The European Parliament, the Council of the European Union, and the European Commission have reached a consensus on a new EU regulation to prevent...

Steel Cutting Begins for Carnival Festivale, Carnival Cruise Line’s Latest LNG-Powered Ship

German shipbuilder Meyer Werft has officially begun construction on Carnival Festivale, a new LNG-powered cruise ship being built for Carnival Cruise Line, a brand...