Harnessing Wind Power: “K” LINE’s “Seawing” System Moves Toward Commercialization
"K" LINE's new "Seawing" automated kite system, which uses wind power to reduce fuel consumption and contribute to the decarbonization of the shipping industry,...
Russian Crude Exports Shift as India’s Imports Drop
In August, Russia’s seaborne crude exports saw a slight increase to 3.40 million barrels per day, though this was still below the levels observed...
Switching Safely to Low-GHG Fuels and Technologies
The maritime industry is increasingly adopting vessels that use alternative fuels like LNG (Liquefied Natural Gas) and methanol, with some of the first ammonia-fueled...
Latin America, Europe See Steepest Rate Declines from Far East
During the second quarter of 2025, all-in freight rates for shipments from the Far East to most global destinations saw a general decline compared...
BIO-UV Develops Containerised Ballast Water System
BIO-UV Group has developed a new containerized ballast water treatment system, designed to address compliance challenges for floating offshore wind projects. The system provides...
Demand from Arabian Gulf and Tight Supply Push VLCC Rates Higher
Very Large Crude Carrier (VLCC) spot rates began September at their strongest point since early June, primarily driven by strong demand for vessels in...
Samsung Heavy Industries Secures World’s First AiP For SMR-Powered LNG Carrier
Samsung Heavy Industries (SHI) announced on September 9 that it will receive the world’s first Approval in Principle (AiP) for a 174,000㎥ liquefied natural...
Carrier Alliance Reshuffle Reshapes Europe’s Container Port Power Balance
The 2025 reshuffling of carrier alliances has triggered a dramatic realignment in the Asia-Europe trade lane, concentrating market power in select European container hubs....
ReCAAP ISC Reports Zero Armed Robbery Incidents In Asian Waters
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP ISC) has confirmed that no incidents of armed robbery...
Meyer Turku Marks Keel Laying Of Fourth Icon Class Cruise Ship For Royal Caribbean
Meyer Turku Shipyard celebrated a major milestone with the keel laying of the fourth ship in Royal Caribbean’s Icon Class. Known for now as...