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Environment

IMO: Shipping gears up for massive investments in decarbonization

The global shipping industry is preparing for a net-zero transformation that will have a sector-wide impact on everything from supply chains and business models,...

In a pioneering and voluntary initiative, Vale releases report on sustainability-related financial information

On Monday, Vale released its first report on sustainability-related financial information. With this initiative, the mining company becomes the first in the global mining...

Ocean Network Express advances green strategy with ship recycling policy

Ocean Network Express has advanced its Green Strategy by implementing a Ship Recycling Policy and joining the Ship Recycling Transparency Initiative (SRTI), reinforcing its...

NORDEN collaborates with Microsoft to lower its maritime supply chain emissions

Danish shipping company NORDEN is working on a pilot project with Microsoft to help reduce its maritime supply chain emissions by allocating emissions reductions...

Antipollution launches operations at the Suez Canal

Antipollution launches operations at the Suez Canal The company founded by Vyron Vasileiadis officially begins offering exclusive waste collection and management services to all transiting...

Celestyal Discovery becomes first ship in Greece to receive marine biofuel blend

Celestyal Discovery has become the first vessel in Greek waters to be refuelled using a marine biofuel blend. The milestone delivery, conducted at the...

MASH Makes powers first vessel trial with biofuel from a carbon-negative process

Global shipping company DS NORDEN and renewable energy company MASH Makes have successfully completed the world’s first commercial vessel trial using biofuel produced from...

The Italian war on plastic

by Christian Mavris C’e chi dice no – There are those who say no’. With this song, in 1987 the legendary Italian rocker Vasco Rossi...

IMO makes further progress on “net zero framework”

The Intersessional Working Group on Reduction of Greenhouse Gas Emissions from Ships met for its 19th session from 31 March to 1 April 2025,...

Stena Line develops new concept vessel

Through optimal design and new technology, the new concept vessel Stena Futuro can reduce energy usage by 20 percent or more. One of Stena Line's central goals...

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Hafnia announces signing of USD 715M revolving credit facility

Hafnia Limited announced the signing of a USD 715 million Revolving Credit Facility on 10 July 2025 secured by a modern fleet of 32...

PPA: Record-high dividend of 1.92 euros per share

The Piraeus Port Authority approved the distribution of the highest dividend in the company’s history, amounting to 1.92 euros (gross) per share for the...

Al Seer Marine secures AED 760 million finance

The Abu Dhabi-based Al Seer Marine, the ADX-listed subsidiary of IHC, has secured AED 760 million ($207m) financing facility from the Abu Dhabi Commercial...

Panama Canal reports strong economic health and a vibrant future during its Q3 market call

The Panama Canal Authority (ACP) provided the third quarterly market update, by highlighting key achievements and forward-looking strategies in a call hosted by Managing...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90...

Singapore is world’s top maritime centre for 12th consecutive year

Singapore retained its ranking as the world’s top maritime centre, marking the 12th consecutive...

Baltic Dry Bulk Index gains on higher rates across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on...

“In recent days, two ships have now been attacked in the Red Sea. One...

Greek tanker fleet steps up ship inspections near Russian ports after mysterious blasts

Greek shipping companies calling at Russian ports are boosting their vessels’ defences after a...

Trafigura announces strategic alliance with maritime technology provider ZeroNorth

Trafigura Group, a market leader in the global commodities industry, has announced a strategic...

US port operators seek to mitigate hefty expected tariffs on China-built port cranes

U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to...

Syria signs $800 million agreement with DP World to bolster ports infrastructure

Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure...

Roberts Bank Terminal 2 procurement underway, with Vancouver Fraser Port Authority issuing a request for qualifications for a construction team  

The Vancouver Fraser Port Authority has started its search to find the best qualified team to progress construction planning and build the landmass and...

PPA: Record-high dividend of 1.92 euros per share

The Piraeus Port Authority approved the distribution of the highest dividend in the company’s history, amounting to 1.92 euros (gross) per share for the...

Hamburg invests 1.1 billion in port infrastructure expansion

The Elbe approach to the Waltershofer Hafen is to be enhanced and additional terminal yards are created. Navigation towards the Container Terminals Buchardkai (CTB)...