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LR publishes Recommended Practices for Floating Offshore Wind Turbine Support Structures

Lloyd's Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures marking a significant milestone in the...
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Iron ore retreats as mounting concerns on weakening steel demand weigh

Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material...
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A Record September And All-Time Best Quarter At Port Of Los Angeles

The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the...
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Wärtsilä’s lead in Cargo Handling Systems continues with contract for four new VLAC vessels

Wärtsilä Gas Solutions, part of technology group Wärtsilä, continues to strengthen its position as a market-leading supplier of advanced cargo...
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Investigating maritime community perceptions of ammonia as a marine fuel

The International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy has three interlinked ambitions: a reduction in carbon intensity of...
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OceanScore Engages Greek Shipping Community in Key Discussions on FuelEU and Sustainability at Two Major Events in Athens

Last week, OceanScore reaffirmed its commitment to the Greek maritime industry by actively participating in two prominent events in Athens,...
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CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport

CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular...
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LNG freight rates hit multiyear lows amid weak demand, ample supply

LNG freight rates have plummeted to multiyear lows in the week ended Oct. 18, approaching operational expense thresholds and prompting...
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Russia to use ship-to-ship LNG loadings to free up ice-class tankers

Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to...
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Amasus signs second contract with bound4blue for world’s largest suction sail system on a general cargo vessel

Amasus, one of Europe’s leading players in the shortsea, bulk, general cargo, offshore and heavy lift segments, has signed a...
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Baltic index falls as rates decline across all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday...
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Ammonia-Powered Engine to be Developed for Medium-Speed Marine Applications

MAN Energy Solutions launches ‘AmmoniaMot 2’ research project with industry partners and research institutes Having designed and tested the first...
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Mongolian coal haul to China surges in mid-Oct; coal stocks rise

The daily coal haul by Mongolian trucks to China rebounded in mid-October after heavy rain disrupted logistics in early September,...
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Iron ore gains on firm near-term demand, more China rate cuts

Iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China...
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Indian Register of Shipping and SeaTech sign MOU for International Collaboration on Green Tug Design and Sustainable Initiatives

Indian Register of Shipping (IRS), a globally recognized classification society, is proud to announce the signing of a Memorandum of...
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ClassNK awards notation for safe transportation of EVs to “K” LINE’s car carrier ‘TEXAS HIGHWAY’

ClassNK granted its ‘AFVC (Additional Fire-Fighting measures for Vehicle Carrier)’ notations to ‘TEXAS HIGHWAY’, a car carrier operated by “K”...
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BW LNG secures e-procurement deal with Procureship for global LNG fleet

Procureship, provider of the world’s leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG...
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South Korean shipbuilder Hanwha Ocean joins GCMD as Strategic Partner

The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean today announced a five-year strategic partnership to advance maritime decarbonisation...
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China’s surplus crude oil hits nearly 1 million bpd for September

The weak position of China’s crude oil sector was underlined by September data showing a sixth consecutive monthly drop in...
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ABS Delivers Comprehensive Ammonia Dispersion Safety Evaluation to Hanwha Ocean

ABS has completed an industry-leading safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from...
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