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Shipbuilding
The market impact of an ageing VLCC fleet
The Very Large Crude Carrier (VLCC) market is undergoing significant transformations as the global fleet expands while older vessels struggle…
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Classification News
LR expands advisory services | LR
This week, at Singapore Maritime Week, Lloyd’s Register (LR) will unveil its newly structured LR Advisory service, designed to help…
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Shipbuilding
Nortrans pens deal with Saipem for flotel work on Chevron’s
Singapore’s Nortrans Offshore has landed a significant contract with Italian energy firm Saipem for the Jansz-Io compression project located off…
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News
MOL Deploys the World’s First Ammonia-fueled Capesize
On March 24, 2025, Mitsui O.S.K. Lines, Ltd. (MOL) announced a groundbreaking partnership to introduce the world’s first ammonia dual-fuel…
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News
Major Firms Unite for Green Ammonia Project in India
In a significant move towards sustainable energy, six prominent companies, including IHI Corporation and Hokkaido Electric Power Co., have signed…
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Classification News
Bureau Veritas Joins LOWNOISER Project to Advance Underwater Noise
Bureau Veritas Marine & Offshore (BV) is participating in the LOWNOISER project, a European Union-funded initiative aimed at reducing underwater…
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News
NYK Group Issues NYK Group TNFD Report 2024 — A Passion for
The NYK Group has released its “NYK Group TNFD Report 2024 — A Passion for Planetary Wellbeing,” highlighting its commitment…
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Shipbuilding
Five Factors Behind the Decline of US Military Shipbuilding
The US military shipbuilding industry is grappling with significant challenges, as exemplified by the USS Constellation frigate, which is only…
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Decarbonization
MEPC 83 – crunch time on various fronts but consensus on a
The International Maritime Organization (IMO) is gearing up for its Marine Environment Protection Committee (MEPC) 83 meeting in April, where…
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Bulk Carrier
Bulk Carrier Owner Fined After Ignoring AMSA Safety Order
The Australian Maritime Safety Authority (AMSA) has achieved a significant legal victory, as the Gladstone Magistrates Court imposed a fine…
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