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Panama seizes 2 key canal ports from Hong Kong operator following Supreme Court ruling

Panama seizes 2 key canal ports from Hong Kong operator following Supreme Court ruling
The Panamanian government seized two ports at the entrances of the Panama Canal on Monday according to a Hong Kong-based company that has operated them for decades, a move triggered by a final Supreme Court ruling that declared the company’s concession...
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RFOcean Secures First Long-Term e-Methanol Supply from ETFuels, Driven by FuelEU

RFOcean Secures First Long-Term e-Methanol Supply from ETFuels, Driven by FuelEU
RFOcean, a fully integrated European shipping company, has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. This is not a letter of intent. Not a memorandum of understanding. Not a term sheet. This is a...
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When Blank Sailings Surge, Predictability Becomes a Strategic Asset

When Blank Sailings Surge, Predictability Becomes a Strategic Asset
Blank sailings have long been part of the shipping cycle. Recent data suggests the scale and frequency of disruption are entering a new phase. Drewry reports a 122 per cent month-on-month increase in blank sailings across major East-West trades this month alone,...
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Engine Optimisation Can Reduce Emissions Costs As EU ETS Reaches Full Phase-In

Engine Optimisation Can Reduce Emissions Costs As EU ETS Reaches Full Phase-In
With maritime transport now operating under the 100% phase-in of the EU Emissions Trading System, shipowners are placing greater emphasis on engine optimisation as a means of controlling emissions-related operating costs, according to German engine diagnostics...
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AYK Energy delivers world’s largest battery retrofit to Wasaline Ferry

AYK Energy delivers world’s largest battery retrofit to Wasaline Ferry
Marine battery maker AYK Energy completed the largest retrofit ever on the hybrid-electric Ro-Pax ferry Aurora Botnia, operated by Finnish shipping line Wasaline. The upgrade took place at Turku Repair Yard in Finland. The vessel is now back in year-round service on...
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Imabari delivers 52K DWT UM MINAMI product & chemical tanker

Imabari delivers 52K DWT UM MINAMI product & chemical tanker
Imabari Shipbuilding Co., Ltd. has delivered UM MINAMI, a 52,000 deadweight ton (DWT) product and chemical tanker, built at Minaminippon Shipbuilding. Cargo Handling UM MINAMI can load IMO Type II and III chemical products. Each cargo tank has an independent submerged...
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