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Environment

Maersk Tankers to deploy suction sail technology at scale to reduce CO2 emissions

Maersk Tankers, one of the world’s largest tanker operators, is set to deploy eSAIL® suction sail technology on five of its MR vessels as...

SINTEF Ocean and GCMD partnerships strengthen global collaboration for maritime decarbonization

Reducing energy consumption and replacing fossil with renewable fuels within the maritime sector is a large and global challenge. Governments, industries and research organisations...

Japanese consortium produces design concept for eco-friendly VLCC

Idemitsu Tanker, IINO Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha, and Nihon Shipyard announced that the consortium the companies established on 26 January 2024 for...

Maersk and Danone partner to reduce GHG emissions

Maersk is partnering with Danone, one of the world's leading food and beverages companies, to reduce its logistics greenhouse gas (GHG) emissions by using...

ORIX conducts a feasibility study of energy-saving ship operations utilizing wind power

ORIX Corporation and Sumitomo Heavy Industries Marine&Engineering announced that the two companies have begun a feasibility study of utilizing wind power for energy-saving operations...

MARAD selects ABS to support a U.S. Center for Maritime Innovation

The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation...

BIMCO and the I​nternational ​C​hamber of ​S​hipping​ issue guide to help ​​maritime industry reduce underwater noise

BIMCO and the International Chamber of Shipping (ICS) have developed a guide which aims to help the shipping industry understand and reduce underwater radiated...

A.P. Moller Holding launches Vioneo to pioneer fossil-free plastics production

A.P. Moller Holding has launched Vioneo, a new venture dedicated to transforming plastics production. Vioneo will manufacture fossil-free plastic resins and significantly reduce the...

Lloyd’s Register awards HD Hyundai Mipo AiP for 20,000 cbm LCO₂ carrier

HD Hyundai Mipo has received approval in principle for a 20,000 cbm LCO₂ carrier from Lloyd’s Register, following the successful completion of a joint...

NYK and Oono Development sign MoU to commercialize ship recycling business

Nippon Yusen Kabushiki Kaisha and Oono Development have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures...

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CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Baltic Index Edges Up on Capesize And Panamax Vessel Strength

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

Travlou: The postponement of the Net Zero Framework an opportunity for sustainable, green transition

The decision to postpone the vote for one year on the proposed roadmap for...

Seaspan strengthens fleet efficiency through comprehensive vessel retrofits and upgrades

Seaspan provides an update on its SAVER (Seaspan Action on Vessel Energy Reduction) program launched in...

Baltic Index steady on minimal gain across vessel segments

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

INTERTANKO to continue its focus on practical pathways in the absence of an agreement...

After an intense week ending in a vote, the International Maritime Organization’s Net Zero...

Piraeus Port: Container traffic drops in September – report

Container traffic at Piers II and III of the Piraeus Container Terminal showed a significant decline in September 2025. Insecurity in the Red Sea, as...

CMA CGM invests port of Koper, Slovenia

The CMA CGM Group is strengthening its commitment to Central Europe through the expansion of its activities through the Port of Koper, the Adriatic’s...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.