World’s 1st Hydrogen-powered Bulk Carriers to Feature Swedish Fuel Cells
PowerCell, a Swedish supplier of fuel cells for the marine market, has secured a contract worth just over SEK40m ($4.25m) to supply the fuel...
NYC Jail Barge Removal Clears Way for New Bronx Marine Terminal
Vernon C. Bain Centre Sale Brings City $1.5 Million.
Removal Opens 7.4-Acre Bronx Waterfront Site for Marine Terminal.
New Facility to Support Blue...
Global Container Market Projected to Enter Overcapacity Cycle by 2027
Demand outlook tied to global GDP growth.
Red Sea crisis resolution by 2026 is critical for balance.
Scraping is expected to remove 13%...
Mental and Emotional Hygiene – Part 2
In Part 1, we met the gunas — the forces weaving every thought, mood, and action. (Missed...
ABS Approves VesselWise Autonomous Propulsion Technology for LNG Carriers
ABS has granted AiP for VesselWise, a semi-autonomous propulsion optimization technology developed by HD Hyundai Group for LNG carriers.
The system integrates propulsion...
VLCC Rally Reshapes Tanker Market: Q4 Outlook and Risks Ahead
VLCC rates surged to unexpected highs in late Q3, driven by shifting arbitrage flows, U.S. Gulf exports, and Saudi supply strength.
Segment performance...
Weekly Cancelled Sailings Tracker: Capacity Cuts and Rising Volatility
Carriers have withdrawn 8% of scheduled sailings between weeks 41–45, with Transpacific eastbound routes most affected.
Container freight rates continue to decline, with...
Hong Kong Convention’s Ship Recycling Impact After 3 Months – Holland & Knight
The Hong Kong Convention entered into force on June 26, 2025, introducing stricter global rules for ship recycling.
Major maritime nations and leading...
Hanwha Ocean Secures USD 252m LNG Carrier Contract with North American Owner
Hanwha Ocean secured a USD 252 million contract to build one LNG carrier for a North American shipowner.
The deal accounts for 3.3%...
Mississippi River Low Water Levels Disrupt Harvest Shipping for Third Year
Rapidly declining Mississippi River levels may restrict barge traffic during peak harvest season.
Corn and soybean exports from the Midwest to New Orleans...
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