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HSFO demand firm as scrubbers win over upgrading projects – expert

Contrary to initial expectations and despite the thrust on cleaner marine fuels due to the International Maritime Organization’s global low sulfur mandate, the high...

K Line signs climate transition linked loan

K Line has signed a transition-linked loan (TLL) with syndicated lenders, arranged by Mizuho Bank Ltd. (MHBK). The loan reportedly has a term of 5...

Maersk invests in electrofuels startup

A minority investment in Prometheus Fuels will support A.P. Moller – Maersk’s work to execute on the strategy to decarbonise marine operations. Maersk expects several...

Top Global Companies Call for Zero Emissions Shipping By 2050

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully...

Petrobras commits to net-zero carbon emissions

Brazilian state-controlled Petrobras is the latest national oil company to commit to becoming carbon neutral, in line with the 12-member global oil and gas...

U.S. Grain Exports Rise as Gulf Terminals Slowly Recover from Ida

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida’s...

DSME develops carbon dioxide storage technology

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed a technology to store carbon dioxide captured in ship engine emissions. The...

ABS Launches Industry-First Simulation Decarbonization Service

In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range...

Maersk CEO calls for deadline to end use of fossil fuel in ships

AP Møller-Maersk CEO Soren Skou wants the maritime industry to accelerate its shift to climate-friendly fuels by emulating the EU, which has announced a...

UK calls for zero global shipping emissions by 2050 as greenest ever LISW21 opens

Marking the start of the greenest London International Shipping Week yet, the UK backs a world-leading absolute zero target for international shipping emissions by...

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Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands

Shares of  Marco Polo Marine: 5LY -2.14% ended Tuesday (Dec 2) up 16.7 per cent or S$0.02 at S$0.14, after more than 100 million...

Hafnia delivers strong Q3 earnings

Hafnia Limited announced strong earnings for the Q3.

NAT: Increased dividend and solid prospects

Nordic American Tankers increased dividend and solid prospects. “The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain...

Globus releases financial results; hails “nimble chartering strategy”

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...

Havila Kystruten AS: Completion of Comprehensive Debt Refinancing

Havila Kystruten AS announces that the previously disclosed EUR 456 million refinancing has now been completed. Closing took place on 24 November 2025 following...

Greek shipowners choose modern second-hand ships

Greek shipowners used the opportunities offered by the second-hand market to renew their bulk...

Union of Greek Shipowners praises Greece’s performance at IMO

The Union of Greek Shipowners, whose president is Melina Travlou, congratulated the country on...

Baltic index hits near two-year peak as capesize registers strong gains

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting...

Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange

Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional...

Greece ranks fourth in IMO Council election with 153 votes

Greece was ranked 4th place in Category A of the IMO Council, with 153...

Corfu Port: Impressive performance, confirming its role as a maritime hub in the Adriatic

Τhe port of Corfu recorded one of the most impressive performances, confirming its role as a powerful maritime hub in the Adriatic. The latest data...

Port of Newcastle reopens after climate protesters block shipping channel

One of Australia’s biggest coal export ports resumed operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of...

DP World’s Antwerp gateway nears completion Of €230m expansion plan as it marks 20 year anniversary

DP World Antwerp is on the verge of finalising a €230 million expansion plan to boost capacity by 30% in 2026, reinforcing the Port...

AD Ports Group sells 9.77% stake in NMDC Group to Alpha Dhabi Holding for AED 1.6 Billion

AD Ports Group, a leading global facilitator of trade, logistics, and industry, announced the sale of its 9.77% stake in NMDC Group PJSC, a...

MSC Group to boost trade connectivity for Bangladesh with Inland Terminal Investment

MEDLOG, the global logistics operator and part of the MSC Group of companies, has signed an important concession agreement to operate the Pangaon Inland...