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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…
China's Dajin Heavy Industry has agreed a memorandum of understanding with the owner and developer of Ardersier Port in Scotland to jointly develop an offshore wind hub. The agreement combines Dajin's integrated offshore…
South Korean shipbuilding giant HD Hyundai is weighing investments in US shipyards, including potential acquisition, to advance the Korea-US Shipbuilding Cooperation MASGA Project. In a stock exchange filing, the company…
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