New Study Reveals Alarming Impact Of Barnacle Biofouling On Shipping Decarbonisation
A recent research study titled "How much could barnacles limit shipping’s decarbonisation?" highlights the significant threat barnacle biofouling poses to global decarbonisation efforts. Published...
Wallenius Wilhelmsen Finalizes Full Acquisition Of Armacup To Bolster Asia-Oceania Presence
Wallenius Wilhelmsen has completed its acquisition of the remaining 35% stake in Armacup, achieving full ownership as of April 30, 2025. The move finalizes...
MOL Opens Washington Office Amid Rising U.S. Maritime Policy Shifts
Mitsui O.S.K. Lines (MOL), the world’s second-largest fleet operator, has expanded its global footprint by opening a new office in Washington, D.C. This move...
IMO Advances New GHG Regulations And Approves North-East Atlantic ECA
The latest session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) focused on progressing the implementation of the 2023 IMO Greenhouse...
Korea Development Bank Begins Divestment From Hanwha Ocean Amid Stock Surge
The Korea Development Bank (KDB) has initiated the partial sale of its stake in Hanwha Ocean, capitalising on a sharp rise in the company’s...
Global Maritime Forum Releases Inaugural Impact Report Highlighting 2024 Achievements
The Global Maritime Forum has released its first-ever Impact Report, outlining its efforts in 2024 to drive meaningful progress across environmental, social, and governance...
Fitch: Global Ports Navigate Rough Waters Amid Tariffs and Slow Growth
Global port throughput growth now expected to align more closely with GDP growth.
Trade tensions and protectionist policies pose growing risks to the...
Eco-Friendly Shipping Hits Snag Amid Fuel Supply Gaps
The maritime industry faces challenges in transitioning to low-emission vessels, primarily due to the lack of infrastructure and reliable supply chains for alternative...
CMB.Tech Scores $97M Gain in VLCC Trio Divestment
CMB.TECH has revealed it has sold three more VLCCs as part of an ongoing fleet rejuvenation programme, reports Lloyd's List.
The sales of the 2010-built...
Charting Cleaner Seas: Mediterranean Emission Control Area Enforced
The global low sulphur requirements of 0.50% by mass (m/m) came into force on 1 January 2020 under the MARPOL convention. However, some areas/regions...
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