News
Geneva Dry iron ore panel lays out a bullish, chaotic future for capes
1+ hour, 29+ min ago (833+ words) The iron ore session at last month's Geneva Dry conference ended up being far more than a discussion about ore flows and freight rates. In the space of an hour, the panel veered from bunker shortages and Chinese stockpiling to…...
Iran unveils crypto insurance regime for Hormuz
1+ hour, 37+ min ago (447+ words) Iran has proposed managing the Strait of Hormuz through an insurance-based framework that would formalise its control over the critical oil shipping chokepoint, while simultaneously demanding that all vessels file mandatory cargo declarations with a newly created Iranian maritime authority…...
New global alliance formed to fast-track liquid hydrogen shipping ecosystem
1+ hour, 43+ min ago (329+ words) The Zero Emissions Ship Technology Association (ZESTA) has unveiled the Global Liquid Hydrogen Alliance, a new international platform aimed at advancing pure green hydrogen and liquid hydrogen as deployable, scalable zero-emission fuels for international maritime shipping. At IMO's MEPC 84, the…...
Berg Propulsion powers record-breaking tug project in Turkey
2+ hour, 2+ min ago (375+ words) Sweden's Berg Propulsion has secured a contract to supply propulsion and control systems for what are set to become the most powerful diesel-electric tugs yet built in Turkey. The four firefighting offshore support tugs have been ordered by Smit Lamnalco…...
Ashdod Port launches hunt for dual-use maritime security startups
2+ hour, 43+ min ago (261+ words) Blue Ocean CVC, the maritime innovation and investment arm of Ashdod Port Company, has issued a unique call for proposals aimed at startups developing dual'use technologies that serve both defence and civilian operational needs in port environments. Ashdod Port invites…...
ADES secures fresh rig deals worth $270m
3+ hour, 36+ min ago (229+ words) Saudi oil and gas driller ADES has won one new contract and one extension for two of its rigs. ADES said that Belop, a Nigerian oil and gas exploration and production firm headquartered in Lagos, awarded a new contract for…...
Battery-swapping technology makes commercial shipping debut
4+ hour, 14+ min ago (214+ words) The world's first standard modular battery'swapping ship, Hetun Weilan 01, has entered commercial operation after completing its maiden cargo trip between Wuhu Port and Chaohu Port in China's Anhui province. The 3, 000 dwt inland'waterway vessel left Wuhu Port with 49 standard containers and…...
Women in maritime should be recognised for merit, not gender
6+ hour, 9+ min ago (604+ words) Splash247 Irene Rosberg, programme director for the Blue MBA and Blue Board Leadership Programme at Copenhagen Business School, writes for Splash on International Day for Women in Maritime. Women in Maritime Day is an opportunity to celebrate progress, but it should…...
UAE shipbuilders unite under first national maritime consortium
1+ day, 20+ hour ago (291+ words) A group of UAE maritime companies has come together to form the country's first shipbuilders consortium, creating a joint platform aimed at strengthening local shipbuilding, repair and marine engineering capabilities. The newly launched Consortium of UAE Shipbuilders brings together companies…...
JHI Steamship continues fleet push with Japanese LR2 newbuild
1+ day, 21+ hour ago (157+ words) Greek owner JHI Steamship has expanded its growing newbuilding programme with an LR2 tanker order at Japan's Imabari Shipbuilding. The Athens-based company has contracted a 115, 000 dwt scrubber-fitted unit at Imabari's Marugame yard for delivery in 2028. Financial details of the deal have…...