Shipping & Ports
Wind-Assisted Propulsion Complements Dual-Fuel Fleet Strategy
Combining wind assistance with dual-fuel capability helps shipowners manage future fuel risks by prioritising lower consumption, according to BAR Technologies.
Shipping & Logistics
Shipping & Ports
Tanker and dry bulk markets, port investment, terminal throughput and maritime supply chain performance.
Shipping & Ports
Four New VINGA Product Tankers Ordered by Nordic and Canadian Owners
A consortium of shipowners from Sweden, Norway, and Canada has contracted four VINGA product tankers for delivery across 2028 and 2029.
Shipping & Ports
KfW IPEX-Bank Backs Methanol Dual-Fuel Bulker Duo with €79.3m Loan
German financier KfW IPEX-Bank has agreed to provide €79.3 million in credit for two methanol dual-fuel self-unloading dry bulk vessels.
Shipping & Ports
IAEA Launches Maritime Nuclear Energy Initiative in Washington
The International Atomic Energy Agency has introduced its ATLAS programme to advance licensed maritime atomic technologies during an event in Washington, D.C.
Shipping & Ports
Hormuz Talks Ease Oil Prices While Freight Rates Hold at Record Highs
Crude values have fallen following diplomatic engagement between Iran and Oman, though maritime transport costs persist at historic peaks.
Shipping & Ports
COSCO Shipping Ports Handles Over 80m TEUs as H1 Volumes and Revenue Rise
COSCO Shipping Ports posted a 7.9% increase in first-half throughput alongside double-digit revenue growth and plans to scale up clean energy adoption.
Shipping & Ports
Torm Warns Prolonged Iran Conflict Threatens Sustained Hormuz Risks and Costs
Danish tanker operator Torm has cautioned that extended conflict in Iran could prolong shipping risks and elevated freight expenses in the Strait of Hormuz.
Shipping & Ports
Port Qasim Begins $250M Dredging Project as Transshipment Surges
Port Qasim is expanding its navigation channel through a $250 million dredging programme to handle larger vessels following a sharp increase in transshipment traffic.
Shipping & Ports
Global Shipping Faces Mounting Expenses to Maintain Key Trade Passages
Maritime operators are facing significantly higher costs to secure vessel transits amid compounding geopolitical, environmental, and regulatory hurdles.
Shipping & Ports
Encomara Advances Squid Floating Wind System to Commercial Readiness
Encomara has achieved Technology Readiness Level 7/8 for its Squid floating offshore wind connection system following Scottish port trials recognized by ABS.
Shipping & Ports
Himalaya Shipping Secures Fixed Charters for Newcastlemax Pair into 2027
Himalaya Shipping has converted two index-linked newcastlemax bulkers to fixed-rate contracts averaging $53,000 daily through early next year.
Shipping & Ports
Owners Expand Vinga Tanker Series with Four-Ship Order at China Merchants
A consortium of European and Canadian shipowners has placed an order for four product tankers in China, expanding the Vinga vessel series to 26 ships.
Shipping & Ports
Chinese Container Carriers Set for Profit Surge as Freight Rates Hit Two-Year High
Stronger freight rates driven by trade tariff concerns and ongoing logistics disruptions are expected to deliver substantial profit gains for Chinese box carriers.
Shipping & Ports
Hafnia Exits Andromeda Tanker Joint Venture With $13.3m Profit
Product tanker operator Hafnia has sold its 50 percent stake in two MR tankers held via a joint venture with Andromeda Shipping.
Shipping & Ports
Japan to Review International Shipping Tax Regime
Japan is planning an overhaul of its maritime tax framework as policymakers place greater emphasis on shipping as an economic security priority.
