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Zero-emission fuels may hike global maritime trade costs: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) experts are under the impression that the maritime sector’s move to zero-emission fuels may intensify trade…
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World container index continues steady decline: Drewry

The Drewry World Container Index reduced week-on-week by 2.7% to $1494.46 per 40-foot container this past week. The combined index has plunged by 78.9% when…
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The United Kingdom includes shipping into the emissions trading scheme

The UK, following the European Union, has included the Emission Trading Scheme (ETS) from 2026 into domestic shipping and it will apply to vessels of…
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Autonomous navigation expedition between Korea and Taiwan completed

Samsung Heavy Industries, a South Korean shipbuilder has successfully displayed a demo of the autonomous vessel navigation from South Korea to Taiwan, marking it the…
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NYK to induct the world’s first engine air compression system

Nippon Yusen Kaisha (NYK) is likely to install a variable compression ratio system (VCR system) on large two-LNG-fuelled coal carriers that is being developed at…
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India and Iran continue talks for a new deal on Chabahar Port, long-term contract expected soon

India & Iran are moving ahead on signing a long-term contract outlining New Delhi’s investments in the strategically located Chabahar Port. In the changing geopolitical…
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