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Global container shipping profits took a sharp downturn in the second quarter of 2025, with carriers reporting a combined net income of $4.4 billion — a 56% drop from Q1’s $9.9 billion and nearly two-thirds lower than the $12 billion posted in the same quarter last year, according to maritime analyst John McCown. This marks […]

With global maritime trade projected to expand by nearly 50% by mid-century, the marine fuels industry is preparing for significant shifts. The International Maritime Organization (IMO) has committed to reducing greenhouse gas (GHG) emissions from international shipping to net zero by around 2050, marking a turning point for the sector. In April, the IMO Marine

The U.S. Coast Guard has issued Policy Letter CG-OES 01-25, effective July 24, 2025, to guide the bunkering of vessels using LNG and other alternative marine fuels. This new directive replaces previous guidance from 2015, reflecting the evolution of marine fuel technologies. As the industry moves toward cleaner alternatives, existing U.S. regulations have lagged behind—particularly

Global trade uncertainty and new U.S. tariffs have significantly shifted the dynamics of the shipping industry in the first half of 2025. Owners are rethinking investments and routes amid rising geopolitical pressures and regulatory changes. The offshore vessel sector is experiencing strong demand, with high utilization rates in the North Sea, Middle East, and Southeast

A recent study conducted by Chalmers University of Technology in Sweden indicates that emissions from scrubber discharge into the Baltic Sea have resulted in pollution-related expenses exceeding $732 million) between 2014 and 2022. The research reveals that most shipping companies have already recovered their investments in scrubber technology, which allows exhaust gases to be cleaned

The Red Sea shipping crisis has rekindled inflation concerns due to supply chain disruptions and increasing freight costs. Over 30% of global trade transits through the Suez Canal, making the Red Sea shipping crisis a serious point of contention in the global shipping market. The Red Sea shipping crisis, spurred by Houthi rebel assaults on

Clarksons Research unveiled its latest Green Technology Tracker, a comprehensive report that outlines the advancements in adoption of alternative fuels and investments in energy-efficient technologies within the worldwide shipping fleet. Steve Gordon, Global Head of Clarksons Research, remarked on the significance of 2023 in the shipping industry’s journey towards decarbonization, noting the implementation of new