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.
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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...
GTT Acquires Maritime Data Specialist Danelec in €194 Million Deal
GTT (Gaztransport & Technigaz), a French technology and engineering group specializing in membrane containment systems for the transport and storage of liquefied gases, has...
Beyond Reflagging: The SHIPS Act’s Long-Term Plan for US-Built Vessels
Analysts at Poten & Partners, a tanker brokerage and market expert firm, have commented on the significance of the proposed SHIPS Act (comprising the...
Reduced Traffic Expected to Limit Panama Canal Closure Disruptions
The Panama Canal is planning a five-day closure of the west lane of the Pedro Miguel lock later in May 2025 for necessary maintenance...
US Trade Policy Creates Headwinds for Tanker Market Despite Stable Oil Demand
US trade/foreign policy has been one of the biggest headaches this year, and a key input into many of the issues mentioned below. The...
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Shipping Traffic Through Suez Canal Down 20% Amid Red Sea Crisis
Shipping traffic through the Suez Canal fell 20 per cent between Dec. 24 and Jan. 2 compared with a year earlier.
The number...
