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Autonomous ships will be a reality long before the industry is ready – and that’s a good thing

For years, shipping’s relationship with autonomy has been one of cautious optimism, mixed with deep scepticism. We’ve talked about autonomous ships as if they were distant sci-fi, something for the 2040s – after the technology matures, after the IMO agrees on every...
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Genco Shipping & Trading Closes New $600 Million Revolving Credit Facility, Increasing Borrowing Capacity by 50%

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facility to provide significant...
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LR Maritime Decarbonisation Hub joins the MMMCZCS as Knowledge Partner

LR Maritime Decarbonisation Hub joins the MMMCZCS as Knowledge Partner
The aim of the new partnership is to advance safety, drive innovation and enable the scalable adoption of sustainable marine fuels to accelerate shipping’s transition to zero emissions. Lloyd’s Register Maritime Decarbonization Hub (The Decarb Hub) will be joining the...
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Port of Antwerp: Container growth softens impact of declining bulk traffic and congestion in first half of 2025

Port of Antwerp: Container growth softens impact of declining bulk traffic and congestion in first half of 2025
In the first six months of 2025, the total throughput of Port of Antwerp-Bruges was 137.2 million tonnes, a decrease of 4.3% compared to the same period last year. While container and RoRo traffic saw growth, both dry and liquid bulk volumes declined. Congestion at...
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Most of the planned coal capacity retirements are in the Midwest or Mid-Atlantic regions

Most of the planned coal capacity retirements are in the Midwest or Mid-Atlantic regions
Based on what power plant owners and operators have reported to EIA, the total operating capacity of U.S. coal-fired power plants is scheduled to fall from 172 gigawatts (GW) in May 2025 to 145 GW by the end of 2028, according to our Preliminary Monthly Electric...
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Skuld CEO worried about shadow fleet’s lack of insurance cover

Skuld CEO worried about shadow fleet’s lack of insurance cover
Skuld CEO Stale Hansen has called on Western sanction authorities to address shipping industry concerns over the growth of shadow fleet, which includes hundreds of tankers lacking proper insurance and maintenance. Russia, Iran and Venezuela, faced with tightening G7...
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