U.S. Exports Nearly One-Third of Energy Output in Record-Setting 2024
The U.S. exported 30% of its primary energy production in 2024—overwhelmingly fossil fuels—setting new highs for both production and outbound shipments.
Petroleum exports...
Sanctioned Tankers Push Arctic Oil Exports to 11-Month High on Northern Sea Route
Russia has resumed crude exports to China via the Northern Sea Route (NSR) this summer, with all shipments carried on sanctioned tankers—most lacking...
Cargo Hold Fire Linked to Misdeclared Charcoal Shipment
Incident Overview
A container vessel experienced a fire in one of its cargo holds while underway in the open sea. The incident involved cargo that...
Huzhou to Produce 200 Electric Ships Annually Under Green Shipping Plan
Huzhou City and China Energy Engineering Group are investing RMB 33 billion (US $4.59 billion) to establish a green intelligent shipbuilding base in...
Torogoz Begins Maiden Voyage in Crowley’s Central America Service
Crowley’s fourth Avance Class vessel, Torogoz, has entered service, operating between the U.S. and Central America.
Powered by lower-emission LNG, the ship supports...
U.S. Tariff ‘Haze’ Stalls Business, Leaving European Carmakers and Shippers in a State of...
Despite a trade deal between the U.S. and the European Union in late July that was intended to set U.S. tariffs on most European...
TRAPS Incidents Surge in Singapore Strait as Overall Maritime Security Incidents Drop 23%
In the first half of 2025, the IFC recorded a total of 1,183 incidents, which is a 23% decrease compared to the same period...
ABB Powers World’s First Hydrogen Fuel-Cell Superyacht, Feadship’s “Breakthrough”
In a major advancement for sustainable superyachts, ABB has provided a comprehensive suite of technologies for the newly launched Feadship Breakthrough. This 118.8-meter vessel,...
VLCC Rates Remain Stable Despite Downward Pressure, While Suezmax Market Weakens
The tanker market is experiencing mixed trends across different vessel classes, with some segments facing downward pressure on rates while others are showing limited...
Capesize C3 Rates for Early September Eclipses End-of-Month Fixtures, Highlighting Tight Tonnage
Miners and operators are actively seeking to book C5 coal cargoes for split dates or early September. There has been a slight increase in...
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APLICATIONS
[Podcast] Nuclear Power on the Agenda for Maritime
One of those at the vanguard of trying to commericalise nuclear power for shipping has been Mikal Boe, CEO of Core Power, a company he founded...
