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Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for a new Very Large Gas Carrier (VLGC) design that features a forward accommodation block and integration of wind assisted propulsion systems (WAPS).
https://www.marinelink.com/news/lloyds-register-grants-aip-hd-hyundai-529910
https://www.marinelink.com/news/lloyds-register-grants-aip-hd-hyundai-529910By 2030, the alternative-fueled fleet will be able to burn up to 50 million tons of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emissions target.
https://www.marinelink.com/news/dnv-green-fleet-readiness-surges-ahead-529911
https://www.marinelink.com/news/dnv-green-fleet-readiness-surges-ahead-529911Today, Thursday, September 11 2025, the Baltic Dry Index decreased by 01 points, reaching 2111 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2111-down-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2111-down-01-points/Oregon’s only container terminal – at Portland – has been saved with a new operator installed. California-headquartered Harbor Industrial Services will take over the running of Portland’s Terminal 6 Harbor has been involved at the port since 2014, initially servicing cranes and other equipment then becoming a stevedore. The initial lease granted by the state …
https://splash247.com/portland-finds-an-operator-for-its-sole-container-terminal/
https://splash247.com/portland-finds-an-operator-for-its-sole-container-terminal/France’s CMA CGM, the world’s third-largest containerline, has told clients it is fully prepared for next month’s hiked port fees in the US for Chinese-linked tonnage, and that it does not envisage implementing surcharges because of the new ruling. In April, the US Trade Representative detailed plans to start charging China-linked tonnage calling at US …
https://splash247.com/cma-cgm-rules-out-surcharge-ahead-of-us-fees-on-chinese-tonnage/
https://splash247.com/cma-cgm-rules-out-surcharge-ahead-of-us-fees-on-chinese-tonnage/Adam Polemis’ New Shipping is set to mark a return to the tanker newbuilding market, with suezmaxes lined up in South Korea. The prominent Greek owner has reportedly signed a letter of intent with Samsung Heavy Industries (SHI) for two firm suezmaxes, with delivery pencilled in for 2028. If confirmed, construction will take place at …
https://splash247.com/polemis-lines-up-korean-suezmax-newbuilds/
https://splash247.com/polemis-lines-up-korean-suezmax-newbuilds/The Korea Shipowners’ Association has hit out at reports the country’s top steel mill is being linked with taking over national flagship, HMM. Splash reported last week that advisors from Samil PwC and Boston Consulting Group have been working with POSCO on feasibility studies for a deal that could be worth in the region of …
https://splash247.com/korea-shipowners-association-hits-out-at-poscos-hmm-takeover-plans/
https://splash247.com/korea-shipowners-association-hits-out-at-poscos-hmm-takeover-plans/Nearly as many alternative-fuel ships are on order as in service, according to data carried in the latest Maritime Forecast to 2050 report from DNV. By 2030, the global fleet will have the capacity to consume over 50m tonnes of oil equivalent of low-greenhouse gas emitting fuels, the report forecasts. This figure is double the …
https://splash247.com/shippings-fuel-transition-hits-a-supply-side-reality-check/
https://splash247.com/shippings-fuel-transition-hits-a-supply-side-reality-check/Tor Olav Trøim is ramping up his return to the tanker business with plans to take a new VLCC venture public, backed by a roster of well-known shipping names. Trøim’s Oslo-listed vehicle Bruton is preparing to merge its two dual-fuel VLCC newbuildings at New Times Shipyard with a parallel pair of supertankers ordered by affiliate …
New insights from DNV’s Maritime Forecast to 2050 indicate that the number of alternative-fuel-capable vessels in operation is set to almost double by 2028.By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of…
https://www.marinelink.com/news/dnv-forecast-points-new-fuel-supply-529867
https://www.marinelink.com/news/dnv-forecast-points-new-fuel-supply-529867