RECENT NEWS

Strong Southern Hemisphere harvests drive reefer shipping growth

Strong Southern Hemisphere harvests drive reefer shipping growth

After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to growth forecast for the sector...

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology for net zero in Europe to expand its presence in the region’s carbon-neutral ship market. Samsung held a technology seminar on...

Marine bunker sales at UAE’s Fujairah hit two-month low in April

Marine bunker sales at UAE’s Fujairah hit two-month low in April

Marine bunker fuel sales at the United Arab Emirates’ Fujairah port hit a two-month low in April, although they were higher than the same month last year, latest data showed. Bunker sales at the world’s third-largest hub, excluding lubricants, totalled 638,960 cubic...

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