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Classification society RINA has launched a propulsion concept called Mermaid, engineered to cut vessel emissions and reduce reliance on auxiliary engines.
Biomethanol developer Emvolon has finalized supply and financing agreements with Freepoint Commodities to deliver up to 300,000 tonnes of fuel annually.
Combining wind assistance with dual-fuel capability helps shipowners manage future fuel risks by prioritising lower consumption, according to BAR Technologies.
A consortium of shipowners from Sweden, Norway, and Canada has contracted four VINGA product tankers for delivery across 2028 and 2029.
Crude markets trended slightly lower on Friday as traders evaluated potential Venezuelan supply changes and developments in the Middle East.
German financier KfW IPEX-Bank has agreed to provide €79.3 million in credit for two methanol dual-fuel self-unloading dry bulk vessels.
The International Atomic Energy Agency has introduced its ATLAS programme to advance licensed maritime atomic technologies during an event in Washington, D.C.
Lummus Technology has partnered with San Francisco-based Ammobia to license and globally deploy its modular low-carbon ammonia production technology.
Crude values have fallen following diplomatic engagement between Iran and Oman, though maritime transport costs persist at historic peaks.
Liquefied natural gas prices in Europe have climbed to their highest levels since 2023 following shipment disruptions and depleted storage reserves.
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.
Danish tanker operator Torm has cautioned that extended conflict in Iran could prolong shipping risks and elevated freight expenses in the Strait of Hormuz.
Port Qasim is expanding its navigation channel through a $250 million dredging programme to handle larger vessels following a sharp increase in transshipment traffic.
Environmental organisations have called on International Maritime Organization member states to maintain backing for the Net-Zero Framework ahead of key climate talks.
Petrobras has secured clearance to supply marine fuel via barge to international vessels calling at the Port of Suape.
Turkish buyers have expanded diesel purchases from India and the United States to unprecedented levels in August amid supply shifts.
Petrobras has resumed VLSFO bunker deliveries at Brazil's Port of Itaqui following deferred pipeline maintenance, while LSMGO sales remain suspended.
Adopting a global greenhouse gas framework at the IMO could lift low-emission bunker fuel demand more than fivefold by 2050, according to classification society DNV.
Peru's Port of Callao has introduced cold ironing capabilities, becoming the first facility in South America to provide shore power for commercial vessels.
Davie Shipbuilding has secured a fixed-price deal valued at US $8 billion to construct six icebreakers for the Canadian Coast Guard.
Gulf countries are adapting their investment strategies to fund energy pipelines and port projects as conflict involving Iran alters global trade routes.
Elevated electricity consumption and monsoon delivery disruptions have reduced coal reserves across dozens of Indian generation facilities.
Maritime operators are facing significantly higher costs to secure vessel transits amid compounding geopolitical, environmental, and regulatory hurdles.
Encomara has achieved Technology Readiness Level 7/8 for its Squid floating offshore wind connection system following Scottish port trials recognized by ABS.
Operational utility-scale battery storage capacity in the United States reached nearly 52 GW following strong additions through mid-2026, according to official data.
Himalaya Shipping has converted two index-linked newcastlemax bulkers to fixed-rate contracts averaging $53,000 daily through early next year.
Cross-border trade value for natural gas and electricity increased in 2025 despite an 11% downturn in overall energy commerce between the United States and Canada.
Crude oil flows through the Strait of Hormuz are climbing as Middle Eastern producers expand their export volumes despite ongoing regional tensions.
Waterborne movements of crude oil and refined products from the US Gulf Coast to domestic coastal markets increased significantly in April and May.
Greenport Services has introduced Portchain Connect at the Port of Drammen to streamline berth alignment operations with container carriers.
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.
Stronger freight rates driven by trade tariff concerns and ongoing logistics disruptions are expected to deliver substantial profit gains for Chinese box carriers.
Product tanker operator Hafnia has sold its 50 percent stake in two MR tankers held via a joint venture with Andromeda Shipping.
Wheat values have climbed as maritime conflict in the Black Sea causes grain export volumes from both Russia and Ukraine to decline sharply.
Japan is planning an overhaul of its maritime tax framework as policymakers place greater emphasis on shipping as an economic security priority.
Outbound crude and product shipments from the Persian Gulf have rebounded to approximately two-thirds of pre-war averages, according to Goldman Sachs.
A planned 700,000 barrel-per-day refinery on Kenya's Lamu Island will process crude for domestic use and neighboring East African markets.
The approved offshore Cronos development in Cyprus is slated to supply natural gas to Egypt for liquefied natural gas exports beginning in 2028.
Seaborne petroleum product exports from Nigeria have multiplied seven-fold since 2023, bolstered by output from the Dangote refinery amid tight global supplies.
The trading group reports expansion into crude oil, a scaling Singapore marine fuels business and progress on its European Jet A1 distribution platform.
The Malta-based commodity trading group has extended its carbon markets desk to cover EU Emissions Trading System allowances alongside CORSIA-eligible SAF and biofuels.
Approval to participate in the S&P Global Commodity Insights benchmark process follows an editorial review of the trading house's European naphtha activity.
