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KSA warns POSCO acquisition of HMM will destroy Korea shipping ecosystem
The Korea Shipowners’ Association (KSA) on the 11th voiced strong opposition to POSCO Group (POSCO Holdings) considering an acquisition of...
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DNV awards AiP to HD HHI for innovative LNGC and VLEC designs with forward accommodation and WAPS
At Gastech 2025, DNV awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for the design...
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Baltic Index Climbs To Over One-Month High On Gains Across All Vessels
The Baltic Exchange’s dry bulk sea freight index rose to its highest in more than a month on Friday, supported...
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Singapore’s fuel oil stocks ease as imports decline
Onshore fuel oil stockpiles in Singapore, a key storage hub, eased this week as imports declined following a sharp increase...
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HD Hyundai Partners with KT for Starlink Integration in Shipyards
HD Hyundai is partnering with KT to introduce Starlink satellite service at shipbuilding sites. Through this, they plan to create...
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World’s First Wind-Assisted Newbuild Tanker Arrives in Europe, Proving the Power of WindWings Technology in Action
Union Maritime, a leading provider of smart shipping solutions, has marked a major milestone for the sector with the maiden...
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Dual-Fuel vessels set to shape the next decade of shipping, says Columbia Group
Columbia Group predicts that dual-fuel ships will define the next decade of shipping, as the absence of a scalable zero-carbon...
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Third cargo from Russia’s sanctioned Arctic LNG 2 discharges and departs China
A third tanker from Russia’s Arctic LNG 2 plant, which is under Western sanctions, discharged its cargo and exited a...
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Shell and Hapag-Lloyd sign multi-year liquefied biomethane deal
Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with...
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US says business with Russia’s Arctic LNG 2 faces ‘significant sanctions risk’
The US government has issued fresh warnings that doing business with Russia’s Arctic LNG 2 will face “significant sanctions risk,”...
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Iron Ore Shipments to China are gaining stronger momentum
Iron ore shipments to China surprisingly strengthened in August, seemingly driven by the drop in iron ore prices and preparations...
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DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point
By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of...
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Product tanker newbuilding contracting drops 86% to nine-year low
“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year...
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Tanker Market Fragmented With Performance Varying
The tanker market is fragmented with each class showing varying performance, as a direct result of changing trade flows. In...
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Hi-5 spread narrows amid bearish VLSFO
Asia’s hi-5 fuel oil spread narrowed further on Wednesday as the very low sulphur fuel oil (VLSFO) held onto a...
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ZERO44 warns against the “pooling hype”: New whitepaper shows why alternatives are often the cheaper option
Pooling is often presented as the simplest answer to the requirements of the FuelEU Maritime regulation. But the reality is...
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DNV and HD KSOE to collaborate on next-gen operator training solution
DNV and HD KSOE have announced a strategic collaboration to deploy a next-generation digital twin-based Operator Training Solution (HiDTS-OTS), successfully...
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JERA sees vacuum purchasing of spot LNG as ‘worst-case scenario’: Global CEO
Japan’s largest power generation company, JERA, sees a shortage of LNG supply relative to demand and the vacuum purchasing of...
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Bulk Carrier Operator Norse Ship Management Deploys Inmarsat Nexuswave To Enhance Crew And Operational Connectivity Experience
Inmarsat Maritime, a Viasat company, together with distribution partner Station Satcom have secured an order to install NexusWave on a...
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ABB and Blykalla to collaborate on nuclear power technology for maritime industry
ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company Blykalla to support and accelerate the deployment...
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