Freight Rates Decline Across Dry Bulk Segments Amid Soft Pacific Demand

Capesize rates dropped sharply due to reduced iron ore volumes from West Australia and softening Atlantic demand. Panamax market saw weak activity across...

Tanker Rates Rally Across Key Segments Amid Rising Demand and Risk Premiums

VLCC rates surged in the Middle East and Atlantic due to escalating Israel-Iran tensions, with TD3C jumping over 22 points. Suezmax routes saw...

“K” LINE Deepens Decarbonization Commitment with “NORTHERN PATHFINDER” CO2 Carrier

On June 17, 2025, a significant event in the burgeoning carbon capture and storage (CCS) industry took place in Oslo, Norway: the naming ceremony...

KR Spearheads Global Standards for Ammonia-Fueled Ship Effluent

KR (Korean Register), a leading classification society, has launched a crucial joint working group dedicated to establishing international standards for the safe discharge of...

Denmark Accelerates Maritime Future with US$2.5 Million Funding Across Diverse Sector Projects

The Danish Maritime Fund has reinforced its commitment to advancing the maritime sector by allocating DKK 16 million (approximately US$2.5 million) across 18 diverse...

Höegh Sunrise Joins Fleet as Aurora Class Leads the Way to Zero-Emission Car Transport

Höegh Autoliners has made a significant stride towards decarbonizing deep-sea shipping with the naming of its fifth Aurora Class vessel, the Höegh Sunrise, in...

Provaris Energy Expands Footprint in Hydrogen Economy with “K” LINE Alliance

Provaris Energy Ltd has taken a significant step forward in its mission to commercialize compressed hydrogen carriers by signing a Memorandum of Understanding (MOU)...

Port of Aberdeen Takes Major Leap Towards Net Zero with Groundbreaking Shore Power Infrastructure

Scotland's maritime decarbonization efforts have taken a significant leap forward with the Port of Aberdeen launching its largest shore power project to date in...

China on High Alert as U.S. Startup Launches Satellite Cannon into Orbit

SpinLaunch is preparing to deploy its Meridian Space microsatellite constellation using a revolutionary centrifugal launch system by 2026, aiming to rival SpaceX in...

University of Strathclyde and Oldendorff Launch Research Hub for Sustainable Shipping

The University of Strathclyde and Oldendorff Carriers have established a dedicated research centre in Scotland to drive maritime decarbonisation. The centre will address...