Union Maritime Orders Nine Bulker and Tanker Newbuildings
UK shipping company Union Maritime (UML) has ordered nine newbuildings across Newcastlemax and handysize bulk carriers as well as tankers for chemicals and petroleum products.
maritime
Swedish Maritime Administration Seeks Permit to Widen and Deepen Karlskrona Fairway
The Swedish Maritime Administration (Sjöfartsverket) has applied for a permit to widen and deepen part of the approach to the Port of Karlskrona, with construction expected to take one to two months if approved.The Land and Environment Court application concerns…
Tankers Go Dark in Strait of Hormuz, Visible Traffic Falls by More Than Half
A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Persian Gulf persisted with the US and Iran in stalemate.Visible traffic…
How Ethanol Is Expanding Shipping’s Fuel Choices
Ethanol is gaining momentum as shipping explores new pathways to reduce greenhouse gas emissions. In this Maritime Impact article, DNV examines why interest in ethanol is growing, drawing on insights from cargo owners, engine manufacturers, and other industry stakeholders.
Italy Demands Naval Reinforcements as Red Sea Shipping Crisis Deepens
Italy's defence minister on Friday called for a stronger naval presence in the Red Sea to protect merchant shipping amid concerns over the Bab el-Mandeb Strait, a vital waterway threatened by the widening Middle East conflict.The Iran-backed Houthis in Yemen…
Icon Energy Projects Q3 Rate Rise and Outlines Fleet Performance
Greek dry bulk shipowner Icon Energy announced that third-quarter gross hire rates across its fleet are projected to average approximately $19,000 daily per vessel, marking a 23 per cent rise from $15,500 during the prior-year period.Fleet utilisation reached 100 per…