ABB to Supply Automation and Electrification Technology for Floating Green Ammonia Production Vessel

ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from

USTR Fees Could Hit 35% of key sectors' ships

When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect October 14, 2025, 35% of ships in the combined bulk,

Molgas Brings Dutch LNG Bunker Supplier Titan Clean Fuels Into Its Fold

Spanish-based Molgas Energy Group, backed by infrastructure investor InfraVia, has finalized the full acquisition of Titan Energy Holding, parent company of Dutch liquefied natural gas (LNG) bunker supplier Titan Clean Fuels.The transaction…

Uncertainty Mounts as U.S. Port Fees on Chinese-Built Ships Near Deadline

The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President

AI Goods and Frontloading Lift World Trade in 2025

In the October update of "Global Trade Outlook and Statistics", WTO economists provide new analysis on the build-up in inventories in 2025 and the robust trade in artificial intelligence-related goods such as

Minervagracht Crew Member Dies

A crew member of the Dutch cargo ship that was attacked by Houthis in the Gulf of Aden last week has died of his injuries, the vessel's Amsterdam-based operator Spliethoff said in

LNG-Fueled Vessels Achieve 98% Methane Slip Reduction in Onboard Trials

Kanadevia Corporation, Mitsui O.S.K. Lines, Ltd. (MOL), and Yanmar Power Solutions Co., Ltd. have been working on the project “Development of Methane Slip Reduction Technology for LNG-Fueled Vessels through Catalyst and Engine

Canadian Trade Deficit Widens in August to Second Highest

Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday.The August data had been expected

St. Johns Ship Building Awarded New Barge Construction Contract

St. Johns Ship Building, a Jones Act shipyard and a subsidiary of Americraft Marine, has been awarded a new contract by Johnson Bros. Corporation, a Southland Company, for the construction of three