The U.S. Department of Transportation’s Maritime Administration has awarded a $59.6m grant to the Port Authority of Guam to expand cargo-handling capacity at the island’s main seaport, according to the U.S. Department of Transportation. The funding is directed at...

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Cargo owners’ willingness to pay (WTP) a premium for low-carbon fuels is crucial to maritime sector decarbonization. But this year, the results of BCG’s annual Shipping Decarbonization Survey reveal a marked drop in WTP, from 4.5% in 2024 to 3% in 2025, a level not...

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BIMCO’s Documentary Committee has adopted a new time charter party which has been developed specifically for the maritime transport of liquefied carbon dioxide (LCO₂). The form, CO2TIME 2026, responds to the rapid development of carbon capture, utilisation and storage...

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Sredne-Nevsky Shipyard (SNSZ, part of United Shipbuilding Corporation / USC) hosted today an official ceremony of the Russian Navy flag hoisting and commissioning into service of the latest generation minesweeper Polyarny of Alexandrite class (Project 12700). USC says...

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Orca AI has signed a memorandum of understanding with Samsung Heavy Industries to accelerate large-scale deployment of autonomous vessel technology across newbuild and existing fleets, according to Orca AI. The agreement combines SHI’s autonomous ship systems with...

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Dry bulk demand growth could be materially constrained through 2027 if disruption persists in the Strait of Hormuz, a route that typically carries about 4% of global dry bulk cargoes and tonne-mile demand, according to BIMCO’s April dry bulk market outlook. Around 210...

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