Product

China

100% Domestic S-POD Pod Propulsion Launched by CSSC 704 Research Institute

Zhang Weili - December 1, 2025

On December 1, CSSC 704 Research Institute unveiled its independently developed and manufactured S-POD series marine pod propulsion system in Shanghai. This milestone signifies...

News

ClassNK awards the Innovation Recognition to Hydroponic Vegetable Cultivator for Ships to HSN-Kikai Kogyo

Emily Carter - December 1, 2025

ClassNK granted the Innovation Endorsement for Products and Solutions to the Hydroponic Vegetable Cultivator for Ships developed by HSN-Kikai Kogyo and confirmed that the...

Energy

Chaos and conjecture as Ukraine widens drone war

Carlos Martinez - December 1, 2025

A fresh wave of Ukrainian attacks and unexplained incidents has deepened uncertainty for vessels trading Russian cargoes — sanctioned or otherwise. Coming just days after...

Market

Tankers: Opposite lives for crude and product tankers

Zhang Weili - December 1, 2025

In 2025, the crude oil tanker market is expected to finish with a balance of forces between supply and demand, despite a lower-than-expected cargo...

Business

Xingtong Shipping Secures Controlling Stake in Hong Kong Xingyao to Forge Global Petrochemical Shipping

Emily Carter - December 1, 2025

Recently, Xingtong Shipping successfully won the bid for the capital increase project of Hong Kong Xingyao Shipping Company Limited. Following approval from relevant authorities,...

Canada

Canada, Alberta signs deal to boost energy production

Carlos Martinez - December 1, 2025

Canada and Alberta have agreed to encourage investment, boost production in the energy sector and support the construction of a new oil pipeline to...

News

Raterne vender opad: Hafnia lands the year’s best quarter

Priya Anika Rajan - December 1, 2025

After a major rate drop at the end of 2024, the tanker rates are now showing increasing strength. This is reflected in the bottom...

Market

Hafnia lander årets bedste kvartal

Linh Nguyen - December 1, 2025

After last year’s dramatic rate drop, Hafnia sees strength returning to the product tanker market. The shipping company delivers its strongest quarterly result this...

Brazil