News
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Shipping Industry Faces Dilemma Over Vessel Recycling
The shipping industry is grappling with a critical challenge: how to dismantle end-of-life vessels safely while protecting workers and the…
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US Port Fees: No Freight Rate Hikes Expected
Shippers are unlikely to face increased freight rates despite the upcoming US port fees targeting Chinese-related vessels, according to the…
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Lithuania’s Ignitis Group Targets 700MW Offshore Wind Capacity
Lithuania’s state-owned Ignitis Group is set to compete in a significant tender for developing at least 700 megawatts (MW) of…
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Halifax Ports Face Pollution Crisis Amid Cruise Boom
Halifax is grappling with significant pollution challenges as cruise ships flood the port, bringing thousands of visitors daily. Local residents…
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Mitsui OSK Lines Cuts Methane Emissions by 98%
Japan’s Mitsui OSK Lines (MOL) has made a groundbreaking advancement in reducing methane emissions, achieving a remarkable 98% reduction during…
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Dynacom Tankers Expands Fleet with New VLCC Orders
Greek shipowner Dynacom Tankers is significantly bolstering its fleet by ordering four new Very Large Crude Carriers (VLCCs) from Hengli…
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Korea, India Partner to Merge Shipbuilding Strengths
India is actively seeking to enhance its shipbuilding capabilities through collaboration with South Korea, a country renowned for its advanced…
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Molgas completes full acquisition of Titan Clean Fuels
Molgas Energy Group has completed the full acquisition of Titan Energy Holding, the parent company of Titan Clean Fuels. This…
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Hanwha Defense USA Appoints Navy Veteran as Shipbuilding President
Hanwha Defense USA has named retired U.S. Navy Rear Admiral Tom Anderson as President of U.S. Shipbuilding, a strategic move…
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Mitsui O.S.K. Lines Launches Ammonia Bunkering in Australia
Japan’s Mitsui O.S.K. Lines (MOL) is set to spearhead a groundbreaking ammonia bunkering operation in Australia’s Pilbara region, aiming to…
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