Fujairah May Ship Bunker Sales Dip to Three-Month Low
Sales drop 8.3% from April
LSFO grade down 8.2%
HSFO declines 13%
Ship bunker sales at the UAE port of Fujairah saw a notable...
Mitsui OSK CEO Says Shipping in Gulf Continues, Closely Monitoring Situation
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO...
Zhoushan Speeds Up Clearance for International Ships After Bunkering
China’s bunkering hub Zhoushan introduced on 13 June a streamlined customs clearance system for international vessels after bunkering, aiming to cut port time and...
ONE Singapore Joins Fleet, Boosting ONE’s Global Capacity
Ocean Network Express (“ONE”) announced the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming...
VLCC Freight Rates Soar Amid Middle East Conflict As Oil Market Uncertainty Intensifies
The intensifying conflict between Israel and Iran, described as the most severe in decades, has sent shockwaves through global oil and tanker shipping markets,...
COSCO SHIPPING Ports Posts Strong Growth Recently, Overseas Terminals Lead Performance
COSCO SHIPPING Ports (CSP), one of the world’s leading port and terminal operators, has reported robust throughput growth in May 2025, handling 9.8 million...
Cavotec Secures €1.55 Million Shore Power Deal For Port Of Antwerp-Bruges
Cavotec has signed a €1.55 million contract with Equans to deliver a shore power system for cruise vessels at the Port of Antwerp-Bruges, Belgium....
Eitzen Avanti Ro Build World’s Largest Battery-Powered Containerships
In a significant move towards maritime decarbonization, Norway-based Eitzen Avanti has secured funding to build the world’s largest battery-powered containerships, thanks to a green...
EU Transport Commissioner Tzitzikostas Outlines Vision for Greener Shipping
In a recent high-level dialogue on maritime sustainability, newly appointed European Commissioner for Transport Apostolos Tzitzikostas laid out a comprehensive strategy to decarbonize European...
AtoB@C Shipping Welcomes Hybrid Vessel Biomar, Launches Final Build
ESL Shipping’s subsidiary AtoB@C Shipping took delivery of Biomar, the seventh 5,400 dwt plug-in hybrid vessel in its 12-vessel newbuilding series—marking another important milestone...
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DHT Orders Four Large VLCCs
DHT Holdings, Inc. has contracted to build four large VLCCs.
DHT plans to finance the project through cash flows, liquidity, and new mortgage...
