Port Houston Secures $214m for Channel Upgrades

$161 million awarded in the President’s FY 2026 budget to fully fund Project 11 of the Houston Ship Channel Expansion. An additional $53.6 million allocated for maintenance...

KR and Shipbuilders Launch Green Fuel Safety Alliance

Korean Register forms powerful alliance with top shipbuilders and KTR to set global standards for ammonia effluent management. The joint working group targets...

ABS Issues Approval for Korean Nuclear Power Module

ABS has issued Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for their...

Drewry: Container Freight Rates Dip After 6-Week Surge

The World Container Index (WCI), compiled by Drewry, serves as a trusted weekly benchmark for global container freight spot rates. It tracks the cost...

Understanding Bunker Procurement: From Risk to Reliability

Structured bunker procurement minimizes fuel disputes and ensures supplier accountability. Key metrics like supplier type, delivery history, and quality control help evaluate risks. ...

7.2 MW Solar Project Completed at Port Newark Container Terminal

PNCT Now Generates 50% of Its Annual Energy Needs Onsite. Clean Energy Project Supports Newark’s Power Grid. Port Authority Aims for Net-Zero Emissions...

Kongsberg to Supply 34 Azimuth Thrusters for 17 Sanmar Tugs

Thrusters Range from 1765 kW to 2525 kW with 85-ton Bollard Pull. Sanmar Expands Fleet with Hybrid, LNG, and Electric Tugs. Sanmar Praises...

RINA Acquires Finnish Marine Engineering Firm Foreship

Acquisition Expands RINA’s Presence in Northern Europe. Foreship Adds Cruise Design and Sustainability Expertise. €15.2M Revenue Firm Brings 90+ Professionals Across 8 Offices. RINA,...

Veson Warns of Structural Shift in Dry Bulk Fleet

Young Dry Bulk Tonnage to Drop 22% by 2028. Fleet Splits Between Modern and Ageing Vessels. Older Ships Face Costly Upgrades or Trade...

Tanker Collision Near Hormuz Sparks Environmental Fears

Greenpeace Warns of 3,700-Acre Oil Spill in Gulf of Oman. Ageing Russian ‘Shadow Fleet’ Tanker Involved in Crash. NASA Confirms Fire Through Satellite...