Cargo Shipping Market to Reach $4.2 Trillion by 2031

Asia-Pacific Dominates Global Cargo Shipping Growth. Efficiency and Low Emissions Drive Cargo Shipping Market Growth. Liquid Cargo Demand Fuels Market Expansion. According to a...

Japan Shifts Focus to Green Shipbuilding as Output Declines

Japan’s Maritime Future Anchored in Innovation, Not Scale. Dual-Fuel and Automation Lead Japan’s Comeback Strategy. Ageing Workforce and Limited Space Hamper Japan’s Shipbuilding...

Fire Breaks Out on Moored Vessel in Dintelmond Harbor

Galley Fire Injures Captain Aboard Freighter in the Netherlands. Emergency Response Deployed After Vessel Fire in Dintelmond. Vessel Fire Contained in Dutch Harbour,...

Biofuel Shipping Under Pressure as Demand Outpaces Tanker Supply

Limited Tanker Supply Adds Pressure to Biofuel Trade. Freight Bottlenecks Intensify as Biofuels Compete for Tanker Space. Regulatory Shifts Reshape Biofuel Shipping Costs...

Shipping Industry’s Emission Reduction Efforts: Challenges and Opportunities

The shipping industry accounts for around 2% of global greenhouse gas emissions, which is pivotal in the push for net-zero emissions by 2050. ...

HD Hyundai and Maersk Sign MOU for Decarbonisation and Logistics

Collaboration on advanced navigation and decarbonisation retrofit solutions, with joint research on Solid Oxide Fuel Cell (SOFC) systems. Expansion of Maersk's integrated logistics...

UP World LNG Shipping Index Sees Decline Amid Broader LNG Market Shifts

The UP World LNG Shipping Index dropped 2.41%, while the S&P 500 saw a 2.92% increase, amidst declining LNG prices in Asia and...

The Resurgence of Container Ship Orders Amid a Global Newbuilding Slump

Container ship orders surged by 238.1% in Q1 2025, driven by fuel transition and mega-ship demand. Chinese shipyards dominate global orders, securing 70%...

Major Geopolitical Shocks Shaping Q1 2025

Sanctions surged in Q1 2025, especially targeting tankers and firms in key jurisdictions. GPS jamming spiked, disrupting vessel tracking with long-distance anomalies and...

Asyad Shipping’s VLCCs Acquisition and Fleet Expansion Plans

Oman’s Asyad Shipping has acquired two very large crude carriers (VLCCs) for US$205 million. The two VLCCs, Landbridge Wisdom and Landbridge Glor, were...