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CMB.TECH Posts $7.6 Million Q2 Loss, Expects Modern Fleet to Drive Value
Aug 28, 2025 ... maritime group CMB.TECH posted a net loss of $7.6 million in Q2, but expects its modern fleet will create value over the coming months. Following the merger with Golden Ocean in ...
Japan's Tsuneishi Launches Dual-Fuel Methanol Boxship
Aug 28, 2025 ... Tsuneishi Shipbuilding’s Chinese yard, Tsuneishi Group (Zhoushan) Shipbuilding, has launched a 5,900 TEU dual-fuel methanol container ship for an undisclosed owner. The vessel, ...
V.Ships Norway Fined $2 Million for Maritime Pollution Offence
Aug 28, 2025 ... firm V.Ships Norway AS has pleaded guilty to violating the Act to Prevent Pollution from Ships and was sentenced to pay a $2 million fine. The company admitted oily bilge water and waste ...
Incat Crowther to Design Hybrid-Electric Tour Vessel for Port Houston
Aug 28, 2025 ... Crowther has been selected by the Port of Houston to design a hybrid-electric tour vessel. The 150-passenger capacity vessel will be built in the US in partnership with Louisiana-based ...
BUNKER PRICES: G20-VLSFO Index Slips for First in Three Days
Aug 28, 2025 ... prices mostly declined at ports around the world on Wednesday, with global average VLSFO prices falling for the first in three days. Ship & Bunker's G20-VLSFO Index of prices across 20 ...
Hanwha Group Commits $5 Billion in US Shipbuilding Industry
Aug 28, 2025 ... Korea's Hanwha Group will invest $5 billion to expand Hanwha Philly Shipyard, strengthening cooperation between Korea and the US in shipbuilding. The plan was unveiled during the ...
South Korea's First Biomethanol Plant Targets Shipping Demand
Aug 28, 2025 ... Korean firms Biofriends and Cheongmyeong plan to build the country's first biomethanol plant, which will supply fuel for the domestic methanol-powered fleet. According to the MoU signed, ...
Weekly Vessel Scrapping Report 2025: Week 34
Aug 28, 2025 ... a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is ...
Oil Rebounds As India Tariffs Prove No Match for Falling US Crude Stocks
Aug 27, 2025 ... prices on Wednesday reversed course and eked out modest gains, based mainly on a stock draw in the U.S. Brent settled up 83 cents at $68.05 per barrel, and West Texas Intermediate settled up 90 ...
Viking Line to Increase Bio-LNG Use Sixfold for Gasum's FuelEU Pooling
Aug 27, 2025 ... shipping firm Viking Line is set to increase bio-LNG on its ships this year to generate compliance credits for Gasum's FuelEU Maritime pooling service. The bio-LNG will be used by Viking ...
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HD KSOE Launches New LPG Cargo Handling System

HD KSOE Launches New LPG Cargo Handling System

The new system, designed for LPG carriers, captures and reliquefies gas vapour generated during transport.

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Corvus Energy Secures $60 Million Investor Funding

Corvus Energy Secures $60 Million Investor Funding

The investment will help the firm expand the production capacity of its energy storage systems.

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Mitsubishi Launches Fuel-Efficient Ferry in Japan

Mitsubishi Launches Fuel-Efficient Ferry in Japan

The vessel is designed to cut bunker use by 5% by using advanced hull and stabilisation technology.

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