Pacific Capesize Market Quiet Ahead of Golden Week Holiday

The dry bulk shipping market is currently facing downward pressure, particularly in the Pacific, as the start of the Golden Week holiday in Asia...

VLCC Rates Soften Amid Golden Week Downturn Perception While Suezmax Sentiment Stalls

The sentiment across the tanker market segments is currently mixed, with perceived weakness in the Very Large Crude Carrier (VLCC) sector contrasting with latent...

LCA Guidelines Establish Full Life Cycle GHG Emission Calculation Methodology

The International Maritime Organization (IMO) has introduced the 2024 Life Cycle Analysis (LCA) Guidelines as a foundational component of its Net-Zero Framework (IMO NZF)....

Specialized LPG Fuel System Selected for Four New Gas Carriers in Asia

A specialized fuel supply system developed by a marine technology provider has been selected for four new liquefied petroleum gas (LPG) carrier construction projects...

Interview: Lars Jensen on US Port Fees, IMO Rules & 2026 Container Shipping Outlook

New US port fees. Tougher IMO environmental rules. A record wave of new ships. Fragile demand. What does it all mean for carriers, shippers...

Union Maritime’s Dual-Fuel LNG Tankers With WindWings® Secure SOLAS Approval

BAR Technologies and Union Maritime have achieved a major regulatory milestone for the adoption of wind-assisted propulsion. Their two new dual-fuel LNG tankers, set...

IMO Steps Up Training for Seafarers in Shipping’s Energy Transition

The International Maritime Organization (IMO) is accelerating its efforts to prepare seafarers for the energy transition in shipping. As the industry moves towards decarbonisation, the...

Bahri Launches Saudi Arabia’s First Large-Scale Shipbuilding Project

Bahri, the Kingdom’s leading shipping and logistics provider, has placed its first order for six dry bulk carriers from International Maritime Industries (IMI). This...

Hanwha Ocean And POSCO Join Hands To Develop Next-Generation Naval Steel

South Korea’s Hanwha Ocean Co., a major shipbuilder, has signed a memorandum of understanding (MOU) with POSCO, the country’s top steelmaker, to jointly develop...

Hengli Shipbuilding Signs Four VLCC Contracts Worth Up To $600 Million

Hengli Shipbuilding (Dalian) Co., Ltd., a subsidiary of Guangdong Songfa Ceramics Co., Ltd., has finalized contracts to construct four very large crude carriers (VLCCs)....