Union Maritime Secures $130M for LNG and Wind-Assisted Tanker Pair
Union Maritime has secured $130 million in delivery financing for two LNG dual-fuel, wind-assisted LR2 tankers.
The vessels will feature BAR Technologies' WindWings,...
Structural Shifts and VLGC Oversupply Create Unique Challenges for Medium Gas Carriers
Medium Gas Carriers (MGCs), despite being a relatively small portion of the global LPG fleet (9%), have historically been crucial for seaborne LPG and...
Capesize Finds Resilience, But Atlantic Weakness Drags Down Panamax, Supramax
The dry bulk shipping market is currently experiencing varied performance across its different vessel segments, with Capesize showing some resilience while Panamax, Supramax, and...
Lessons Learned: Fatal Enclosed Space Incident During Coal Loading Operation
This incident summary is based on an investigation report detailing a fatal accident involving toxic gas exposure on a bulk carrier during cargo loading...
VLCCs Struggle, But Regional Dynamics Point to Upside for Suezmaxes and Aframaxes
The crude oil tanker market is experiencing mixed signals across different vessel classes. While VLCC rates continue to struggle, Suezmaxes are seeing a positive...
Fertilizer Trade Realignment Drives Tonne-Mile Growth and Panamax/Supramax Demand
The global fertilizer trade is undergoing a significant structural realignment, shifting traditional supply and demand relationships and having notable implications for the dry bulk...
Georgia Ports Authority Reports Robust Growth in FY2025
Georgia Ports Authority handled 5.7 million TEUs in FY2025 — a year-on-year growth of 8.6%, making it Savannah’s second-busiest year ever.
Port of...
International Collaboration Brings World-Class Icebreaker Expertise to U.S. Shipbuilding
Four leading shipyards—Bollinger Shipyards (U.S.), Rauma Shipyards (Finland), Seaspan Shipyards (Canada), and Aker Arctic (Finland)—have formed a strategic partnership to provide the U.S. Coast...
Valenciaport Reports 6.7% Revenue Growth in 2024
The Port Authority of Valencia (APV) reported a 25.37% rise in profits for 2024, achieving €28.99 million thanks to robust port activity, strict...
HD Hyundai and H-Line Shipping Partner on AI Vessel Technology
HD Hyundai and H-Line Shipping have signed a memorandum of understanding to co-develop AI-based autonomous and eco-friendly ship technologies.
The partnership involves HD...
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