ADNOC L&S And TA’ZIZ Partner To Build UAE’s First Dedicated Chemicals Port

ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a historic 50-year strategic agreement to develop the United Arab Emirates’ first dedicated chemicals...

BIMCO And WISTA Unite For A Sustainable And Inclusive Maritime Future

In a major step towards promoting sustainability and inclusivity within the global shipping industry, BIMCO and WISTA (Women’s International Shipping & Trading Association) have...

[Watch] Heat Exchanger Water Cooling System

Ships are loaded with machinery operating 24x7 which needs to be cooled down. For that, we have water cooling systems that comprise of heat...

Shipping Takes the Helm in Transport Decarbonization by 2050: DNV

Maritime sector emerges as most decarbonized transport by 2050. Shipping emissions cut 77% through low-carbon fuels, CCS. Biofuels, e-methanol, ammonia to dominate marine...

Russia Use G7 Tankers to Boost Crude Exports, Despite Lower Price Cap

Seaborne Russian crude exports hit 18-month high Greek tankers hold market share after earlier retreats EU identifies 118 tankers breaching price cap Russia turned...

Singapore Bunker Fuel Market Charts 3.5% Annual Growth Path to 2030

The Singapore bunker fuel market is expected to reach $24.5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 3.5% from...

Wallenius Sol Signs Up to Gasum FuelEU Maritime Pool

Energy company Gasum and shipping company Wallenius Sol have signed a cooperation agreement under which Wallenius Sol’s dual-fuel vessels will join Gasum’s FuelEU Maritime...

ABB to Power SwitcH2’s Floating Green Ammonia Production Vessel

ABB signs a term sheet agreement to provide automation and electrification solutions for SwitcH2’s green ammonia floating production, storage and offloading (FPSO) vessel. ...

World Container Index Drops to Lowest Level Since January 2024

Container Rates Decline for 17th Consecutive Week. Transpacific Spot Rates Stable Amid China’s Golden Week. Asia-Europe Trade Lane Sees Ninth Straight Weekly Drop. Drewry’s...

ECSA Urges Investment in Seafarer Skills for Green and Digital Transition

Seafarers are Essential for Global Trade and Maritime Resilience. Industry Faces Green and Digital Transformation Challenges. Upskilling and Reskilling Seafarers Becomes Top Priority. The...