May, 2025
Date Headline Image
Tue13May
The South Korean government plans to invest $40.5 million this year to develop the demonstration vessel.
South Korea Aims to Build World's Largest Hydrogen Carrier by 2027
Tue13May
The 90-day easing of US-China tariffs will bring relief to businesses, but also short-term pressure on freight rates and longer-term uncertainty.
US-China Tariff Truce May Trigger Early Peak for Container Market
Tue13May
European Energy's new e-methanol facility is set to be inaugurated on Tuesday, with the first supply to Maersk's vessel.
Maersk to Receive First E-Methanol from European Energy's New Facility
Mon12May
S&P predicts a major decline in U.S. crude production for 2026.
US/China Deal Buoys Oil, But Market Still Mired In Bearish Sentiment
Mon12May
ClassNK has issued guidelines for safe operation onboard ammonia-fuelled vessels.
Safety Takes Center Stage in ClassNK's Ammonia Vessel Guidelines
Mon12May
Monjasa's UAE LNG operation, launched at the start of 2025, is being reevaluated until more favourable market conditions emerge.
Monjasa Reevaluates UAE LNG Bunkering on 'Unfavourable Market'
Mon12May
A shore power system will be installed at the cruise terminal in Flåm, Norway, allowing cruise vessels to cut emissions while docked.
Cruise Ships to Plug into Shore Power in Norway's World Heritage Fjord
Mon12May
The US will cut its tariffs on Chinese goods to 30% from 145% previously and China will cut its levies on US goods to 10% from 125% for the next 90 days.
Crude Futures Surge as US and China Cut Tariffs for 90 Days
Mon12May
The terminals will handle various fuels include marine fuels, biofuel, hydrogen and LPG.
TNPA Moves Forward with Liquid Terminals Project at Richards Bay
Mon12May
The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty.
Statkraft Scales Down Hydrogen Plans Amid Market Uncertainty