Anemoi Secures CMDC Funding to Develop Next-Gen Folding Rotor Sails for Bulk Carriers

Anemoi Marine Technologies has received £1.2 million in UK government funding through the Clean Maritime Demonstration Competition (CMDC) to develop folding rotor sail...

ICTSI Reports Strong First-Half 2025 Financial and Operational Growth

ICTSI posted a 14% year-on-year revenue increase to US$1.51 billion, with net income rising 15% to US$483.84 million in the first half of...

NEDO Picks Consortium to Develop SCC Risk Tools for Ammonia Storage and Transport

A consortium led by ClassNK has been selected by NEDO to develop evaluation tools for stress corrosion cracking (SCC) in fuel ammonia tanks...

St. Maarten Strengthens Fight Against Maritime Credential Fraud

St. Maarten has identified and condemned the issuance of fraudulent maritime credentials and vessel registration documents falsely bearing its name. A joint investigation...

Panama Issues Strict Compliance Warning on UN Sanctions Against North Korea

Panama has directed all vessels under its registry to strictly adhere to UN Security Council sanctions on North Korea, with violations subject to...

LNG Remains Dominant as Alternative Fuel Orders Increase in July

According to the latest data from DNV's Alternative Fuels Insight (AFI) platform, orders for alternative-fuelled vessels showed a slight increase in July 2025, with...

UK Port Freight Statistics for 2024: Short Sea Traffic Holds, Deep Sea Shifts

In 2024, the total amount of international freight moving through ports (both imports and exports) rose by less than 1%, reaching 334.5 million tonnes....

K Line Reports Operating Income Decline Amidst Dry Bulk and Containership Headwinds

K Line has released its financial results for the first quarter of fiscal year 2025, revealing a mixed performance across its business segments. While...

Chuo University and NYK Team Up to Find New Medicines from Ship Hulls

Chuo University and Nippon Yusen Kabushiki Kaisha (NYK) have started a five-year joint research initiative to discover new natural products from marine organisms. The...

Soft Landing for the Car Carrier Market Amid Supply Surge and Lower Rates

The first half of 2025 marked a significant turning point for the car carrier market, which is now normalizing after a period of exceptionally...