A failure of the International Maritime Organization to adopt new decarbonization rules will lead to fragmenting regulatory regimes across the globe, resulting in more regulatory burdens and unfair competition for shipping companies that could be disastrous, senior...

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“As of end August 2025, 534 container ships are on order which will be able to use alternative fuels upon delivery. These represent 53% of ships on order and 77% of the TEU,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. In addition to these...

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The Global Centre for Maritime Decarbonization (GCMD) yesterday released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched in partnership with NYK Line on 9 May 2024, the six-month trial onboard a pure car and...

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With crude oil flows patterns still very much fluid, tanker market participants are closely monitoring oil demand and supply fundamentals. In a recent weekly report, shipbroker Xclusiv said that “Russian seaborne crude exports in August reached 3.40 million b/d,...

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Gross domestic product (GDP) in the G20 area grew by 0.9% in the second quarter of 2025, up from 0.7% in the previous quarter, according to provisional estimates (Figure 1). While growth picked up slightly, it remained within the relatively narrow range of 0.7% to...

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Japanese shipowner Nissen Kaiun has become a shareholder in Dutch Wind-Assisted Shipping Propulsion pioneer Econowind. This move highlights growing industry interest in fuel-neutral technologies. The Imabari-based shipping company, which operates a diversified fleet...

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