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September 15, 2025

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

International Shipping, Classification Society, Maritime, Shipping, Shipping Line, Trade, Trending News
MILAN: DNV and HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MOU) to collaborate on the development and verification of an optimized 200,000 cubic meter LNG carrier. The new design
September 15, 2025

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

Container, International Shipping, Shipping Line, Trade, Trending News
OSLO: • The average spot rates from Far East into both Europe and North America all declined steadily from a week ago. This follows from last week, where we saw differing directions – with
September 15, 2025

Drewry: World Container Index down 3% last week

Container, International Shipping, Shipping Line, Trade, Trending News
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 or requires regional visibility/coverage beyond the eight trade lanes provided
September 15, 2025

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

International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
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 across all vessel segments. The main index, which factors in
September 13, 2025

Croatia’s Rijeka Gateway Terminal marks official start of operations

International Shipping, Foreign Ports, Terminal, Trending News
Following months of trial operations during the summer, the operational phase at the newly opened Rijeka Gateway Terminal at the Port of Rijeka in Croatia officially began with the arrival of its first commercial
September 13, 2025

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

International Shipping, Classification Society, Maritime, Ship Building, Shipping, Trending News
MILAN : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for a new Very Large Gas Carrier (VLGC) design that features a forward accommodation block and integration
September 13, 2025

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

International Shipping, Classification Society, Maritime, Ship Building, Shipping, Trending News
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, SnapWind Float.   Announced this week at Gastech 2025 in Milan,
September 13, 2025

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

International Shipping, Classification Society, Maritime, Ship Building, Shipping, Trending News
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) and Nantong Offshore Design & Research Institute Co. Ltd (NODRI).
September 13, 2025

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

International Shipping, Classification Society, Maritime, Ship Building, Shipping, Technology, Trending News
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 largest gas and energy exhibition. The two companies will jointly
September 12, 2025

Shell and Hapag-Lloyd sign multi-year liquefied biomethane deal

Fuel, Company, Global Trade, International Shipping, Trade, Trending News
HAMBURG: Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect.  The agreement builds on a strategic collaboration established in 2023 to
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