Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced that the world’s first carbon-free, ammonia-powered maritime vessel successfully completed its maiden voyage. The NH3 Kraken, a tugboat originally constructed in 1957 and...

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The state of Maryland on Tuesday filed civil claims against the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in March, killing six people and paralyzing a major transportation artery for the U.S. Northeast. The lawsuit seeks damages...

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DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, the first certification of a rotor sail approved for installation in hazardous zones in South Korea. The TADC, issued by DNV, confirms that Hanwha Ocean’s...

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Asia’s hi-5 fuel oil spread widened for the fourth consecutive trading session on Tuesday, with 380-cst high sulphur fuel oil (HSFO) benchmarks softening in recent sessions, while 0.5% very low sulphur fuel oil (VLSFO) benchmarks gained strength. The October hi-5...

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The significant increase in Canada’s TMX heavy crude exports from Vancouver to Asia, which have nearly tripled since May, is expected to bolster Aframax freight rates with more tonnage being placed in the region, while potentially reducing Middle East crude movement...

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With annual international shipping CO₂ emissions doubling since 1990 and now accounting for roughly 10% of global transportation emissions, the maritime shipping sector sits at a crossroads in the fight against climate change. Players across the global shipping...

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