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Maersk Sets up Green Methanol Fuel Company

Maersk has teamed up with its majority owner to form a new company to produce “green methanol”, the shipping company said on Thursday, as...

Maersk Taps Investors for First Dollar-Denominated Green Bond

Shipping giant A.P. Moller-Maersk A/S is selling dollar-denominated green bonds for the first time ever, the latest company to test investor appetite in a...

Shippers bet on green methanol to cut emissions, supply lags

Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet...

Mitsubishi Shipbuilding developing ammonia handling system

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently developing the Mitsubishi Ammonia Supply and Safety System (MAmmoSS®), an...

Cargill Tests Sails in Effort to Slash Fuel Burn – report

The world’s largest agricultural trader hauls 225 million tons of cargo around the globe each year on hundreds of colossal vessels. Now one of...

Wallenius Wilhelmsen orders 4 car carriers able to run on methanol or ammonia

Wallenius Wilhelmsen announced it has signed a letter of intent for four firm, and eight optional, next generation vessels. A company announcement reads: “I am very...

Cargill kickstarts maritime decarbonization with biofuels, methanol

US-based agricultural trader Cargill has ramped up a bio-bunkering program for its own shipping fleet and other shipowners as part of initial decarbonization efforts...

Torm looking at methanol, ammonia as pathway to decarbonization

After installing scrubbers on majority of its fleet to tackle sulfur emissions in response to the International Maritime Organization’s global low sulfur mandate, product...

FuelEU Maritime Initiative: Council adopts new law to decarbonise maritime sector

More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the EU following today’s adoption of a new regulation...

Shipowners urged to up digitalization game for GHG cuts by 2030

Shipowners can achieve decarbonization at scale within this decade with speed optimization and energy-saving equipment, according to maritime professionals — but the industry might...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...