The reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russias exports from Europe to Asia while OPEC production cuts in 2023 increased the Americas share of exports. Brazils oil production increased by 1

In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024. As 2023 saw

In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level

In order to strengthen China-Indonesia service network, COSCO SHIPPING launched new NIS and SIS service. The shipping company plans to put nine 6000TEU container vessels on these routes. The new route services will start on the last Friday o

Shipping Number of the Week Shipping gears up to meet 5-10% low carbon fuel target, but will fuels be available? The International Maritime Organizations (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using sustaina

New solutions needed as waiting times at Brazilian ports reach 15 days Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and No

05 December 2023.Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECHs order of X72DF‑A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builde

December 8th, 2023 - We are pleased to revealthat Deltamarin has signed a design contract for Wallenius Wilhelmsens next generation Shaper Class PCTCs. The contract covers both basic and detailed design work for four confirmed units, with a

The Maritime and Port Authority of Singapore (MPA) and the Peoples Republic of Chinas Tianjin Municipal Transportation Commission signed a memorandum of understanding (MoU) to establish the Singapore Tianjin Green and Digital Shipping Corri

Genoa (Italy), 7 December 2023- Full Type Approval has been granted by RINA, the inspection, certification and consulting engineering multinational, for the EcoPro Fuel Catalyst System, a standalone retrofit design that uses hydrogen to red

Washington/Brussels/London/Singapore, 7 December 2023 To deliver on the goal of net zero emissions for shipping by 2050, IMO greenhouse gas regulations must rest on solid foundations. Liner shipping is committed to decarbonising quickly and

Today, the Maritime Technologies Forum (MTF), whose founding members include ABS, DNV, Lloyds Register, ClassNK, Japans Maritime Bureau, Ministry of Land, Infrastructure, Transport and Tourism, the Norwegian Maritime Authority and the U.K.s

The Maritime and Port Authority of Singapore (MPA) and the International Association of Classification Societies (IACS) have signed a Letter of Intent (LOI) to collaborate on various maritime digitalisation and decarbonisation initiatives.

30 November 2023, LondonA new training project will prepare seafarers for zero or near-zero emission ships, helping the global shipping industry decarbonize and ensure a just transition for seafarers. Research commissioned by the Maritime J

29 November, 2023- Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the worlds largest iron ore export port. The projec