Tanker Vessel Market Bends Under Supply and Demand Strains

“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under

Höegh Autoliners Orders First Ammonia Engines for PCTCs

Höegh Autoliners has placed an order for four ammonia-burning Everllence B&W 7S60ME-LGIA (Liquid Gas Injection Ammonia) dual-fuel engines for four 9,100 CEU Aurora-class pure car truck carriers (PCTCs).The vessels will be the

New Electrolyzer to Turn Emissions into e-Fuels

An EU-funded project is helping accelerate the adoption of carbon capture and utilisation (CCU) technologies that transform carbon dioxide emissions into valuable resources such as fuels, chemicals, and construction materials.CCU is based

Trump Tariffs Reroute Brazilian Beef to Mexico

Mexico has overtaken the U.S. as the second largest importer of Brazil's beef after the imposition of tariffs by President Donald Trump on August 6 affected shipments from the world's largest exporter,

Oceanbird Launches Wing 560

Oceanbird launched its first rigid wing sail, the Wing 560, on August 25, 2025. Aside from being a new landmark in Landskrona, Southern Sweden, it will be an important site for crew

Wärtsilä to Integrate Battery Extension for Wasaline Ferry

Wärtsilä has been selected as the electrical integrator for a major battery extension project for the Wasaline ROPAX ferry "Aurora Botnia." The project will increase the ship’s battery capacity by 10.4 MWh,

Tidewater Welcomes Coulston Van Gundy

Tidewater has appointed Coulston (Cole) Van Gundy Vice President of Shipyard and Terminal Operations.Van Gundy brings more than 19 years of maritime industry experience to Tidewater. He joins from Crowley, where he

State of Maine Multi-Mission Vessel Named at Hanwha Philadelphia Shipyard

The U.S. Maritime Administration (MARAD) has celebrated the christening of the State of Maine, the third of five National Security Multi-Mission Vessels (NSMV), at Hanwha Philly Shipyard.Built for Maine Maritime Academy, the

DFDS Expands Services on Baltic Ferry Routes

DFDS and TT Line have entered into a space charter agreement on three ferry routes in the Baltic Sea. With the agreement, DFDS will increase the number of sailings offered between Klaipeda