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The Union of Greek Shipowners has for the first time voiced support for a decarbonisation proposal put forward by Panama and Liberia ahead of the next round of IMO negotiations. Union president Melina Travlos described t…
The Finnish Transport Infrastructure Agency has selected Helsinki Shipyard to build a new 10.5-MW icebreaker, replacing the 72-year-old Voima, the world's oldest icebreaker still in active service. Based on Railotech's A…
Navios Maritime Partners has committed 431.6 million dollars to four scrubber-fitted newbuildings while growing its charter backlog to 4.4 billion dollars. The bulk of the investment covers three VLCCs scheduled for deli…
Olam Agri and Vitol Bunkers report that a co-processed blend of very low sulphur fuel oil and cashew nutshell liquid reduced emissions by 120 metric tonnes of CO2 equivalent during a commercial voyage without operational…
A series of tanker casualties, mounting environmental risks and an expanding sanctions regime are tightening the pressure on Russia's shadow fleet, signalling a coming surge in ship recycling. So far in 2026, some 26 ves…
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