With the FuelEU Maritime regulation in force, questions around reporting requirements, fuel allocation, exemptions and fuel certification have become increasingly common. In response to feedback and concerns from our customers, this statutory news aims to clarify...

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MPC Container Ships is pleased to announce a company update, including a series of strategic initiatives to modernize its fleet and strengthen its long-term earnings visibility. The Company has placed a USD 228 million order for four 4,500 TEU container vessels with...

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The European diesel market surged during afternoon trading on July 18 following the EU’s announcement of its 18th sanctions package, which bans imports of refined products made from Russian crude. In a major departure from its previous sanctions policy, the EU vowed...

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As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation (“Yang Ming”) held its 404th Board Meeting and approved the order of seven 15,000 TEU LNG dual-fuel containerships from Hanwha Ocean Co., Ltd. Following the completion of contract...

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South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping emissions and establish a national task force and action plan to drive the effort. These priorities emerged during a...

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Concirrus is set to lead the transformation of ESG-focused underwriting, with Hellenic Hull becoming the latest marine insurance management company to adopt its advanced ESG module. This collaboration highlights Concirrus’ commitment to equipping insurers with...

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