Malaysian shipowner MISC has inked time charter contracts for the world’s first ammonia-powered Aframax tankers with Petronas’ PETCO Trading Labuan Company Ltd (PTLCL).

Singapore’s Pacific International Lines (PIL) and CCS Wuhan Rules And Research Institute have inked a Memorandum of Understanding (MoU) to further decarbonisation.

Stalled ship recycling markets on the Indian subcontinent are showing signs of life once again following a really quiet start to the year and the end of the holy month of Ramadan

Around 15% of normal traffic will be able access the Baltimore port with an additional channel as salvage works on the collapsed Key Bridge and stricken Dali continue.

Shipping associations have called for greater military presence in the middle east to protect vessels and seafarers from escalating threats.

Stena Bulk announced the sale of the final of its three LNG tankers yesterday with the sale of the Stena Blue Sky to an undisclosed Asian buyer.

The shipping and maritime arm of Shell believes energy efficiency solutions that can be deployed now are a key part of decarbonisation efforts and should be a priority for the industry as whole.

The economic centre of gravity is slowly refocusing on regional developments in South America and Asia, and seeing the mature consumer markets lose out to the emerging economies, but that long-term change is slow and far from linear.

Multinational mining group, Rio Tinto, is to install an OceanGlide air lubrication system developed by Alfa Laval on one of its bulk carriers.

The council will involve youth in the group’s decision making and coordinate with external agencies on youth-related initiatives.