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Wah Kwong NatPower Holdings and Shandong Port Group sign Landmark MOU to accelerate Shore Power and Ship Electrification

LONDON: Wah Kwong NatPower Holdings Limited (“WK NatPower”) and Shandong Port Group (SPG), the world’s largest and most advanced port group, have signed a...

DNV and HD Hyundai Heavy Industries sign MOU for optimized 200K cbm LNG Carrier Design

MILAN: DNV and HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MOU) to collaborate on the development and verification of...

Xeneta Weekly Ocean Container Shipping Market: Far East into Europe and the US declined last week

OSLO: • The average spot rates from Far East into both Europe and North America all declined steadily from a week ago. This follows...

Drewry: World Container Index down 3% last week

LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts...

Baltic Index climbs to over One-Month High on gains across all Vessels

LONDON: The Baltic Exchange’s dry bulk sea freight index rose to its highest in more than a month on Friday, supported by higher rates...

Croatia’s Rijeka Gateway Terminal marks official start of operations

Following months of trial operations during the summer, the operational phase at the newly opened Rijeka Gateway Terminal at the Port of Rijeka in...

Lloyd’s Register grants AiP for innovative VLGC with forward accommodation and wind-assisted propulsion

MILAN : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for a new Very Large Gas Carrier...

Lloyd’s Register approves SHI’s next-generation SnapWind Float offshore wind design

MILAN: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its new Floating Offshore Wind Turbine (FOWT) design,...

ClassNK issues Approval in Principle (AiP) for large liquefied CO2 carrier developed by DSOC and NODRI

TOKYO: ClassNK has issued an approval in principle (AiP) for a large liquefied CO2 carrier (50,000m3) jointly developed by Dalian Shipbuilding Offshore Co., Ltd. (DSOC)...

KR and HD Hyundai Samho launch Joint Development of Ammonia Fuel Piping Safety System

MILAN: KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Samho on September 9 at Gastech 2025 in Milan, the world’s...

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