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News
ABS: Shipping has Entered a New Phase for Navigating Decarbonization
1+ week, 6+ day ago (337+ words) The report concludes that there is no single pathway for the industry. Instead, the optimal strategy depends on how vessels trade, their operational profile, regional exposure, fuel availability and commercial requirements. Among the report's key findings: Trade pattern matters more…...
Data shows that shipping traffic through the Strait of Hormuz is below the 10-day average
5+ day, 10+ hour ago (203+ words) Posted to Maritime Reporter on September 8, 2026 Preliminary shipping data on Wednesday showed that six?commodity ships transited the Strait of?Hormuz Tuesday. This is down from nine?aday earlier? and below?the 10-day?average of approximately 12. These figures may change,…...
Hapag-Lloyd Revising $4.2B ZIM Offer to Address Israeli Concerns
6+ day, 59+ min ago (490+ words) © olrat - stock.adobe.com / Adobe Stock Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services, the German shipping group said on Monday. The proposed deal has faced heavy opposition…...
Hormuz traffic drops after Iran threatens to retaliate for US attacks
6+ day, 9+ hour ago (171+ words) Posted to Maritime Reporter on September 8, 2026 The shipping traffic through the Strait of Hormuz has slowed since the beginning of this week after Iran threatened to retaliate against any new U.S. strikes. Kpler data revealed on Tuesday that the number of…...
Fraser Shipyards: 138 Years In, Building for What Comes Next
1+ week, 4+ day ago (785+ words) There is no shortage of discussion today surrounding the need to rebuild U.S. maritime and shipbuilding capacity. New government initiatives, foreign investment, workforce development and advanced manufacturing technologies are increasingly converging around a simple objective: America needs to build more ships,…...
By the Numbers: Container Fleet Capacity to Top 34 Million TEU
1+ week, 4+ day ago (508+ words) "When the world’s shipyards deliver just a few more container ships, the global fleet capacity will for the first time reach 34 million TEU. At that time, the fleet will have grown by 10 million TEU - or 42% - in just five and a…...
Kongsberg Maritime Expands Pod Range
1+ week, 4+ day ago (336+ words) Kongsberg Maritime is expanding its Elegance Pod propulsion range with the launch of five new sizes delivering up to 22MW, enabling the company to address the requirements of the world’s largest cruise vessels. The new units are being developed to support…...
Kongsberg Maritime to Unveil New Propulsion Solution at SMM 2026
1+ week, 5+ day ago (208+ words) Kongsberg Maritime invites members of the press to join the company at SMM Hamburg on Wednesday September 2, for the unveiling of a new development in its propulsion offering. The announcement responds to the demands of the newest generation of large…...
NYK and Stolt-Nielsen Establish Joint Ownership of Avenir LNG
1+ week, 6+ day ago (221+ words) © Jahanzaib / Adobe Stock Following receipt of the relevant regulatory clearances, NYK has completed the acquisition of a 50% stake in Avenir LNG Limited. The stake was acquired from Stolt-Nielsen Gas Ltd., a wholly owned subsidiary of Stolt-Nielsen Limited (SNI), which previously…...
Cheniere Exports 5,000th LNG Cargo
1+ week, 6+ day ago (257+ words) © moofushi / Adobe Stock Cheniere Energy, Inc. has announced the achievement of two significant milestones: the substantial completion of the Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) in Texas, and the production and export of its 5,000th cargo of LNG from its…...