US To Invest $3bn in Green Port Infrastructure

Some $3bn in funding has been earmarked for the US Environmental Protection Agency’s Clean Ports Program with a focus on electrification, reports Seatrade Maritime...

Germany Signs Deal With China’s COSCO on Hamburg Port

Chinese shipping giant China Ocean Shipping Group has finally gained approval from the German government to acquire a 24.9 percent stake in a container...

US Accuses South Africa of Supplying Arms To Russia

The United States envoy to South Africa said on Thursday he was confident that a Russian ship had picked up weapons in South Africa,...

Fujairah Oil Stockpiles Jump 18% on Week To Year-to-date High

Stockpiles of oil products at the UAE Port of Fujairah jumped 18% in the week ended May 8 to a year-to-date high, with double-digit...

Singapore Charts Forward in the Maritime Transition, Says DNV

After a four-year hiatus, Sea Asia 2023 returned to the sunny shores of Singapore with a bang! Widely regarded as one of the most...

EST-Floattech Launches New Battery Designs

EST-Floattech had launched Next generation maritime energy storage systems – “Octopus Series” The Octopus Series The Octopus Series, as the new design platform is called, is...

Wilson Sons Sets Sail Towards Sustainability: Releases 2022 Sustainability Report

Wilson Sons, a prominent port and maritime logistics company in Brazil, has released its Sustainability Report 2022, highlighting its commitment to transparency and ESG...

Bunker Fuel Availability Holds Strong in Europe & Africa

Northwest Europe Shipping fuel availability in Rotterdam and the wider ARA hub is challenging due to product tightness at refineries, leading to recommended lead times...

Shipping Stocks Take a Plunge: Double-Digit Decline Sends Investors Sailing

Shipping equities had a strong performance in the first two months of 2023, outperforming major stock market indexes. However, since March 1, they have...

More LNG Orders in the Pipeline

DynaGas and NYK places orders for 4 LNG ships The purchase is at a premium cost for both buyers Deliver of the ships...