News Flash
Russian oil shipments hit seven-month high in May as Urals stays below cap
Russia’s seaborne oil exports rose to a seven-month high in May as OPEC+ producers boosted output and falling prices for...
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LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design
Lloyd’s Register (LR), HD Hyundai Mipo Dockyard Co., Ltd (HMD) and PanOcean have signed a Joint Development Project (JDP) agreement...
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ABS Approves Ammonia Cracking Technology for Ships from Pherousa
ABS issued approval in principle (AIP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane...
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Ethanol Makes Its Case In Maritime Decarbonisation
In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions...
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Ship Recycling Activity Under the Hong Kong Convention Influence
The impending enforcement of the Hong Kong Convention is bringing some turbulence in the ship recycling market, as compliance is...
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Newbuilding orders plunge amid regulatory and geopolitical uncertainty
New orders declined sharply in the first few months of 2025, reaching historically low levels, as shipowners avoid long-term investment...
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Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub
Since establishing an exclusive partnership in 2021, the Norne Carbon Storage Hub (“Norne”), a Fidelis New Energy, LLC portfolio company,...
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Norwegian officials, businesses optimistic on green maritime cooperation with China
From cutting-edge green ships to smart emission control systems, Norwegian officials and business leaders say that China-Norway maritime cooperation is...
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LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design
Lloyd’s Register (LR), HD Hyundai Mipo Dockyard Co., Ltd (HMD) and PanOcean have signed a Joint Development Project (JDP) agreement...
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ABS Approves Ammonia Cracking Technology for Ships from Pherousa
ABS issued approval in principle (AIP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane...
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The cost of unreliability in ocean shipping – and how to mitigate it
With more than 80% of the world's traded goods transported by sea, ocean shipping is widely considered the cornerstone of...
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Saving the ocean is a test of multilateralism: IMO Secretary-General
Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger,...
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Regulation sparks muted optimism for marine decarbonization
Fresh regulation has given a limited boost to maritime decarbonization as shipping grapples with high renewable fuel prices, and as...
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ABS Approves Innovative LCO2-EP Carrier Concept from KNCC
At the 60th anniversary of the Nor-Shipping maritime trade fair, ABS issued approval in principle (AIP) to Knutsen NYK Carbon...
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DNV Grants Approval in Principle to HD Hyundai Mipo for 20K cbm LCO₂ Carrier Design
DNV has awarded an Approval in Principle (AiP) to HD Hyundai Mipo for its 20,000 cbm liquefied carbon dioxide (LCO₂)...
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bound4blue secures DNV validation for wind propulsion performance methodology, unlocking regulatory and commercial benefits
bound4blue has taken a major step forward in simplifying the adoption of wind power worldwide, with DNV validation of its ‘wind...
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TOP Ships Inc. Announces Intention to Spin Off a New Nasdaq-Listed Suezmax Tanker Company
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it intends to...
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Asia’s fuel oil imports from Iraq hit 4-month high in May
Asia’s fuel oil imports from Iraq hit a four-month high in May as strong refining margins boosted output and exports...
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HSFO cracks rebound, volatile trade continues
Asia high sulphur fuel oil (HSFO) cracks traded higher on Thursday, rebounding back into premiums over both Brent and Dubai...
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IRI: Republic of the Marshall Islands Registry – A Dynamic Week of Innovation, Collaboration, and Global Engagement
The Republic of the Marshall Islands (RMI) Registry wraps up a dynamic week at Nor-Shipping 2025. With 16 team members...
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