“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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The Panama Canal has unveiled an ambitious ten-year roadmap designed to reinforce its strategic role in global trade, safeguard long-term sustainability, and deliver tangible benefits to the nation. The canal’s vision rests on two main pillars. First, water security,...

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