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Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub

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

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

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 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

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

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

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

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 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 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. 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 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

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

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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BIMCO drafts new clause to support biofuel use in time charters

BIMCO drafts new clause to support biofuel use in time charters

BIMCO has launched a new subcommittee to develop a Biofuel Clause for Time Charter Parties, marking a proactive step toward...
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Shipping needs to adjust to persistent US-China trade strains: industry leaders

Shipping needs to adjust to persistent US-China trade strains: industry leaders

Trade tensions between the US and China will endure beyond the administration of US President Donald Trump, meaning shipping must...
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Baltic Index Hits Highest Level Since Late March

Baltic Index Hits Highest Level Since Late March

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its highest...
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Ship Recycling Activity Under the Hong Kong Convention Influence

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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USTR Notice of Action 301: China’s targeting of maritime, logistics, and shipbuilding

USTR Notice of Action 301: China’s targeting of maritime, logistics, and shipbuilding

Navigating the intricacies of the USTR 301 China Service Fee involves understanding the new regulations and fees imposed by the...
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Demand for propeller retrofits surge four-fold but adoption remains limited

Demand for propeller retrofits surge four-fold but adoption remains limited

New research shows propulsion energy saving devices could deliver up to 10% fuel reduction while fewer than 2% of global...
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