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Shanghai International Port Trials Hybrid Tugboat Propulsion System

Shanghai International Port Trials Hybrid Tugboat Propulsion System

Shanghai International Port has trialled a hybrid propulsion system on a newbuild harbour tug designed to cut fuel consumption and emissions while maintaining full ship-assist power. The vessel, Hai Gang 712, combines a…

Thu Jul 09 20267 min
VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC newbuilding orders are on course for a record year, with shipowners placing 183 orders in the first half of 2026 compared with just 18 in the same period last year. According to Veson Nautical, this represents by fa…

Wed Jul 08 20267 min
Taiwan Raids Evergreen Marine Offices in Insider Trading Probe

Taiwan Raids Evergreen Marine Offices in Insider Trading Probe

Taiwanese investigators have raided Evergreen Marine offices and other locations as part of an insider trading investigation into trades linked to the sale of EVA Airways. The Ministry of Justice Investigation Bureau sea…

Tue Jul 07 20267 min
Panama Canal Tightens Draft Limits on El Niño Drought Fears

Panama Canal Tightens Draft Limits on El Niño Drought Fears

The Panama Canal Authority has imposed further draft restrictions at its Neopanamax locks in response to warnings of a potentially severe El Niño that could reduce water availability. The maximum authorised draft will dr…

Tue Jul 07 20266 min
Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics, part of Saudi Arabia's Bahri Group, has signed a newbuild agreement with Grandweld Shipyard for two offshore vessels to strengthen its offshore operations. The vessels, believed to be 25-metre crewboats,…

Tue Jul 07 20266 min
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