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News
Iran, Oman agree on new Hormuz routes: What it means for oil, ships and global trade - BusinessToday
14+ hour, 2+ min ago (948+ words) The Strait of Hormuz is still not fully open, but Iran and Oman have taken a step towards creating a controlled passage for commercial vessels through the world's most important oil chokepoint. Iran and Oman have agreed on the details…...
ABS: Shipping has Entered a New Phase for Navigating Decarbonization
1+ week, 6+ day ago (337+ words) The report concludes that there is no single pathway for the industry. Instead, the optimal strategy depends on how vessels trade, their operational profile, regional exposure, fuel availability and commercial requirements. Among the report's key findings: Trade pattern matters more…...
Bunker price volatility boosts freight rates for LNG-fueled dirty tankers
4+ day, 12+ hour ago (661+ words) Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for LNG-fueled tankers reflect such freight costs in $/mt and provide a…...
Worden Marine Defines the Future of Sustainable Marine Transportation
3+ day, 5+ hour ago (203+ words) NORTH ANDOVER, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Worden Marine has transformed a historic New England farm into a net-zero innovation center dedicated to developing the next generation of sustainable marine transportation. Worden Marine, founded by solar industry/clean energy pioneer James…...
Shadow fleets emboldened by geopolitical chaos are threatening trade as we know it, authorities warn
3+ day, 5+ hour ago (507+ words) Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of wealthier consumers splurging on burgers and fries while lower-income households pulled back. Last year, Amazon Web Services EMEA Managing Director…...
Europort 2027 Focuses Program on Maritime Resilience and Sustainable Innovation
3+ day, 10+ hour ago (482+ words) Europort 2027 returns to Rotterdam Ahoy from November 2 to 5 for its 43rd edition with a renewed identity. The global event for specialized vessels and advanced maritime technology identifies maritime resilience, smart ships, and net-zero emissions shipping as central themes. The previous edition…...
Malta a main player in this sector: Declaration by Europe's major maritime countries
3+ day, 7+ hour ago (653+ words) Malta a main player in this sector: Declaration by Europe’s major maritime countries TVMnews.mt Malta a main player in this sector: Declaration by Europe’s major maritime countries Minister for Sustainable Mobility Chris Bonett took part in the ninth Tripartite…...
Maritime transformation to be at core of Europort 2027 — SMI DIGITAL
3+ day, 14+ hour ago (331+ words) shipmanagementinternational.com Maritime transformation to be at core of Europort 2027 The maritime industry’s transformative trends are encapsulated in three new themes selected for Europort 2027, as the global event for specialised vessels and advanced maritime technology returns to Rotterdam Ahoy for…...
High utilisation a key factor in reducing box ship emissions
3+ day, 11+ hour ago (582+ words) GXO: AMAZON RELATIONSHIP ON THE RADARGXO: WITH REGARD TO AMAZON RISK GXO: AMAZON RIVALRY INSIGHTAMZN: SUCCESSFUL BOND OFFERINGFDX: AI EDGEFDX: CEO ON AI BENEFITS FDX: MORE ABOUT AI UPSIDEFDX: AI POWER RULESFDX: 'GLOBAL TRADE NAVIGATOR' LAUNCHED FDX: MARKETING PUSHMAERSK: RECENT…...
Views of Sushil Kumar Singh:???DPA is working towards a greener maritime economy???
3+ day, 14+ hour ago (514+ words) Regulatory framework remains a key determinant Getting infrastructure ready for green fuel bunkering For ship-to-ship bunkering, DPA has entered into an agreement with a bunker service provider. A methanol-compliant bunker barge is being arranged for the operation. The next step…...