The Maritime and Port Authority of Singapore (MPA), CMA CGM Group and Singapore LNG Corporation (SLNG) signed a Memorandum of Understanding (MOU) to explore the supply and use of liquefied bio-methane, or bio-LNG, as a marine fuel, leveraging…
A Japanese consortium led by shipping giant NYK Line has developed a new port-based floating data center concept designed to accelerate the commercialization of offshore data centers while addressing growing constraints on land availability…
'During the first two weeks of October, weekly container ship capacity transiting the Suez Canal averaged 753k TEU, according to Clarksons Research, compared with 1,457k TEU during the same period in 2023. Since the Houthi attacks began in the Red Sea…
Euronext wheat prices rose on Tuesday, tracking a rebound in Chicago futures as another attack on ships in the Black Sea kept attention on disruption to export trade.An international tender being held by Algeria also underpinned the market,…
Russian forces hit two ships delivering military and dual-use cargo to Ukraine's port city of Mykolaiv, the Russian defence ministry said on Tuesday, without mentioning any energy facilities following US President Donald Trump's announcement on Sunday of an energy ceasefire…
Construction of OMS Group’s next-generation cable-laying vessel, CS Resilience, has reached a milestone with the laying of its keel at CRIST Shipyard in Gdynia, Poland, on September 17, 2026.The keel laying marks the start of hull assembly for…
Lloyd’s Register (LR), Shell and GTT have launched a Joint Development Project (JDP) to develop a conceptual 200,000m³ LNG carrier combining hybrid-electric propulsion with GTT NEXT1 cargo containment technology.By bringing together a larger…
As President and CEO of Jotun, the world’s leading provider of marine coatings, Morten Fon follows the industry closely. But he doesn’t let today’s headlines determine the company’s long-term growth strategy.In 2026, Jotun not only celebrated its 100th anniversary…
90POE (Ninety Percent of Everything) launched Crew Docs AI, an AI document check built into the passport verification workflow of OpenOcean STUDIO Crew. Crew Docs AI reads each passport as it is uploaded, compares it with the crew record and flags only the fields that need a second look…
Asia LNG Transport (ALT), a joint venture between NYK and MISC Berhad, has signed a long-term time-charter contract with Malaysia LNG for a newbuild liquefied natural gas (LNG) carrier that will transport LNG to Japan.The vessel will be constructed by Hudong-Zhonghua Shipbuilding in China…
ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed a memorandum of understanding to advance modern commercial nuclear technology at sea. The agreement spans floating power solutions, nuclear-powered vessels and the development of the ports…
Russian wheat export prices rose last week amid a firmer Black Sea market, while increased grain shipments helped halt a decline in domestic prices, analysts said.Consultancy IKAR said that, by the end of last week, export prices for wheat with 12…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines and fell to a more than seven-week low on Monday due to lower demand for capesize vessels.The main Baltic index, which tracks rates for capesize…
European wheat futures in Paris rose on Monday, recovering from a sharp fall on Friday, as big importer Algeria issued a wheat purchase tender and hopes for a Black Sea peace deal faded.Export-boosting euro weakness also supported.Benchmark…
Saudi Arabia is looking to expand its pipeline crude export capacity to as much as 10 million barrels per day by repurposing a domestic gas pipeline and investing in its existing East-West network, Energy Minister Prince Abdulaziz bin Salman said on Monday…