Wisdom Marine cashes in on handy bulker sale in deal

Taiwan’s Wisdom Marine has cashed in on one of its handysize bulk carriers as it makes room for fresh tonnage. The Taipei-based bulker giant, led by shipping magnate Lan Chun Sheng (James Lan), is offloading the 2015-built Bunun Glory in a deal with Turkish owner Manta Denizcilik. The sale, which is the company’s second recorded

Turkey to implement its own emissions trading scheme

Shipowners looking to Europe’s eastern edge to skirt around new environmental regulations will have to look elsewhere. Turkish politicians are pressing ahead with their own emissions trading scheme (ETS) for shipping which will align largely with the European Union’s own recently introduced ETS. The policy now awaits ratification from the country’s president. Turkish ports –

Maldives is set to launch international bunkering services

Minister of Economic Development and Trade, Mohamed Saeed, has announced the launch of bunkering services in Ihavandhippolhu, Haa Alifu Atoll, slated to begin before the end of July. Speaking at a campaign rally held at the main office of the People’s National Congress (PNC), Minister Saeed emphasised that while previous governments have discussed diversifying the

Ports of Indiana, Port of Antwerp-Bruges partner on green shipping

Representatives from Ports of Indiana and Port of Antwerp-Bruges met in Antwerp to sign a Memorandum of Understanding (MOU) to advance key economic and environmental port initiatives. The landmark agreement formalizes a plan to work together to advance economic development, container shipping, decarbonization, port security and technology integration. The delegations included Jody Peacock, Chief Executive

AW Shipping orders multiple dual-fuel vessels from China

AW Shipping, a joint venture of the UAE-based ADNOC Logistics & Services and China’s Wanhua Chemical, has ordered nine ethanol dual-fuel Very Large Ethane Carriers (VLECs) and two LPG dual-fuel Very Large Ammonia Carriers (VLACs) from Jiangnan Shipyard in China. In addition to ethanol, the nine 99,000-cbm capacity VLECs can also be fuelled by conventional

Trafigura Group takes full ownership of High Heat Tankers

The Trafigura Group has completed the acquisition of Gearbulk Holding AG’s 50 percent share in joint venture company High Heat Tankers Pte Ltd for an undisclosed sum. In addition, the Group has committed to a newbuild 17,500 dwt IMO II specialised high heat tanker to be delivered in the third quarter of 2026 from Chengxi

ClassNK grants innovation endorsement to i-MITEC’ products

ClassNK has granted its Innovation Endorsement for Products & Solutions to a Ship IoT Application ‘i-MITEC’ by MIURA CO., LTD. ‘i-MITEC’ uses a cloud-based environment to provide a range of services, collecting and storing operation data from equipment such as marine boilers and ballast water management systems that are fitted with communication functionality. The stored

X-Press Feeders launches new shipping network in Europe

Singapore-based liner company X-Press Feeders has started Europe’s first scheduled feeder network in which the vessels are powered by green methanol, a sustainable marine fuel that reduces greenhouse gas emissions by up to 65 per cent. The launch of the new service coincided with the naming and christening ceremony of the company’s first dual-fuel methanol-powered

Maritime Standard’s TACCC conference programme launched

Following the huge success of last year’s inaugural event, The Maritime Standard is organising the second Transportation and Climate Change Conference (TACCC) to be held in Abu Dhabi, at the Saadiyat Rotana Resort. Details of the conference programme have now been launched and the event aims to update participants on the progress being made in

Wärtsilä provides dual-fuel engine simulator technology

Wärtsilä has provided its dual-fuel engine simulator technology to Wavelink Maritime Institute (WMI), the maritime training arm of the Singapore Maritime Officers Union (SMOU). The navigational and technical simulators are crucial to WMI’s simulation suite, which was recently opened by H.E. Ms. Grace FU Hai Yien, Minister for Sustainability and the Environment and Minister-in-Charge of