APAC
LNG Canada transports first cargo to Asia
This will help in ensuring stable energy in the region.
More offshore wind incidents reported in 2024
This includes one fatality.
APAC set to become world’s largest carbon shipping market
The region will likely need 80 specialist vessels for carbon sequestration by 2055.
Propeller retrofit demand soars four-fold since 2020
However, very few ships are equipped.
Global maritime casualties up by 42% between 2018-2024
An ageing fleet is one of the causes of the increase in casualties.
Cleaner shipping faces headwinds from limited biofuel
Global demand for biodiesel in shipping could exceed 140 million tonnes without limitations.
Global shipping container trade up 4.7% in December to February
Asia was the main driver of growth.
Mermaid Maritime posts $7.7m profit loss in Q1
Revenue for the period rose 33% YoY.
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Key investment opportunities in autonomous shipbuilding market
Companies should capitalise on the advancing autonomous maritime technologies.
Strategic Marine to build 24-metre survey ship for Odyssey Group
The aluminium-made ship will be finished by the last quarter.
Dry-bulk vessel order book falls 26% in Q1
Blame it on economic uncertainty and market cooling.
COSCO Shipping taps MAN Energy for fleet decarbonisation
The new deal allows retrofitting ships for methane, methanol, and ammonia.
Inconsistent regulation stalls maritime decarbonisation
Without coordinated regulation, widespread green fuel adoption will be difficult.
Maritime groups release updated security best practices
It details a process for managing threats and risks, amongst others.
Climate Impact and Purus Marine partner for net-zero shipping route
This will support the transportation of hydrogen fuels.
