Ocean Network Express (ONE) announces the establishment of a new ONE branch in Greece – Ocean Network Express (Europe) Limited, Greece Foreign Branch. Scheduled to commence operations in November 2025, this strategic expansion recognizes the importance of Greece as a...

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Ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fuelled vessels reached 19.8 million Gross...

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LR will deliver comprehensive advisory services for the landmark green ammonia production facility in Egypt. Lloyd’s Register (LR) has entered into a memorandum of understanding (MOU) with German developer DAI Infrastruktur GmbH (DAI) for Project Ra, a large-scale...

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Mitsubishi Heavy Industries (MHI) Group, have acquired Approval in Principle (AiP)(Note1) from Nippon Kaiji Kyokai (ClassNK) for their jointly developed liquefied CO2 (LCO2) / methanol carrier. AiP acquisition for this type of carrier marks a world’s first(Note2)....

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A heat wave in western Europe has lowered water levels on Germany’s Rhine River, hampering shipping and raising freight costs for cargo owners due to additional surcharges as their vessels were unable to sail fully loaded, commodity traders said on Monday. Low water...

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