The economic centre of gravity is slowly refocusing on regional developments in South America and Asia, and seeing the mature consumer markets lose out to the emerging economies, but that long-term change is slow and far from linear.
Multinational mining group, Rio Tinto, is to install an OceanGlide air lubrication system developed by Alfa Laval on one of its bulk carriers.
Eastern Pacific Shipping and Yinson GreenTech signed a letter of intent to collaborate on electrification of the shipping industry.
SSY Global Head of Research Roar Adland likens algorithms difficulty of dealing with the unpredictability of shipping to that of disabling an autonomous vehicle with a traffic cone.
Singapore forcecast methanol bunkering demand to exceed 1 million tonnes by 2030 and received a strong response to an expression of interest (EOI) to supply the fuel.
Four Newcastlemaxes and two Very Large Ammonia Carriers (VLACs) fitted with Ammonia dual-fuel engines are due for delivery from 2026.
The four 10,800 ceu car carriers being built at CSSC Guangzhou Shipbuilding International (GSI) for HMM will be fitted with MAN B&W 8S60ME-GI engines.