TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which monitors rates for vessels moving dry bulk commodities, fell to its lowest level in nearly three weeks on Monday, weighed by weaker capesize
NEW DELHI : The earthquake in Myanmar and Thailand has raised concerns among Indian exporters, particularly in Gujarat, which has strong trade ties with these countries. Businesses dealing in pharmaceuticals, textiles, and chemicals fear
SINGAPORE : Biofuels are an increasingly attractive decarbonization option for shipowners. A new white paper from DNV analyses an evolving supply picture, while also providing technical guidance to shipowners planning to use it as
LONDON : Since US President Trump took office for a second time, US geopolitical, trade and shipping policy shifts have supercharged market uncertainty while appearing likely to become key drivers of future supply and
ROTTERDAM : A.P. Moller – Maersk has celebrated the naming of the dual-fuel methanol ship “Adrian Mærsk” at its APM Terminals Maasvlakte II terminal in Rotterdam. Stephanie Pullings Hart, Executive Vice President and Chief
HONG KONG : Ocean Network Express (ONE) successfully hosted the fourth Container Shipping Summit in Hong Kong on 26 March 2025. In pursuit of sustainable container shipping development, the Summit brought together academic leaders
TOKYO : Knutsen NYK Carbon Carriers AS (“KNCC”), a subsidiary of Nippon Yusen Kabushiki Kaisha (“NYK”) and Knutsen Group, has obtained Approval in Principle (AiP)* from ClassNK for the design of liquified CO2 carriers (‘LCO2-EP
GENOA : SRC Methanol Superstorage Technology, the innovative solution which makes it possible to integrate net zero-emission methanol fuel seamlessly into the limited storage space available onboard a ship, has secured Approval in Principle
LONDON : The International Association of Dry Cargo Shipowners (INTERCARGO) has renewed its call for straightforward and practical mid-term measures as the IMO’s climate negotiations enter the next critical phase. With ISWG-GHG-19 and MEPC