[Watch] What is Celestial Navigation?
Do you know how ancient seafarers and sailors used to chart their course in the open seas? What will happen if all the modern...
Danaos Adds $304M to Backlog, Orders Two Methanol-Ready Containerships
Company orders two additional 7,165 TEU containerships for 2027 delivery.
Newbuilds equipped with methanol fuel readiness, scrubbers, and AMP units.
Total contracted cash...
BSM to Manage World’s First Ammonia Bunkering Vessel
BSM strengthens collaboration with ITOCHU on global ammonia supply chain.
Ammonia fuel can cut tank-to-wake CO2 emissions by up to 90%.
BSM develops...
Drewry World Container Index Falls to Lowest Since January 2024
Index posts 16th consecutive weekly decline.
Shanghai–Los Angeles rates fall 5% to $2,196.
Shanghai–New York rates slip 2% to $3,200.
Drewry’s World Container Index...
IBIA Launches Survey on Bunker Licensing and MFM Technology
Survey builds on 2022 findings, highlighting fuel quality concerns and MFM benefits.
Industry backs wider use of MFM and licensing schemes for transparency...
Federal Maritime Commission Suspends Operations in Government Shutdown
Website and online databases remain accessible, but will not be updated.
SERVCON system is available, but submissions will not be processed.
Filing deadlines...
Week 40 Bunker Market: MABUX Index Shows Port Valuation Shifts
Week 40 saw mixed MDI trends, with 380 HSFO undervaluation across all major ports and Houston nearing full benchmark alignment.
VLSFO remained largely...
Seaspan, Genoa Partner on Technical Design for Heavy Polar Icebreaker
Seaspan Shipyards signed a new contract with Genoa Design International to provide design expertise for Canada’s heavy polar icebreaker.
The vessel will be...
Qingdao Tanker Scoring & Iraq Exports
New tanker scoring system launched at Qingdao Port terminals with strict bans and point-based penalties.
Effect on shadow fleet activity expected to be...
Greek-US Plan to Ship American LNG Soon
Greece and the US are working on a joint plan to transport American LNG via Greek-owned ships.
Greek fleet controls nearly a quarter...