Orderbook for all dry-bulk vessel classes falls by 26% Y-o-Y in Q1

Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management solutions. Speaking at Veson Nautical’s Seoul Forum, Park said uncertainty around the future of fuels, …

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New Executive Order Signals Trump Administration Investment in U.S. Maritime Sector

President Donald Trump on April 9, 2025, signed an executive order (EO), “Restoring America’s Maritime Dominance,” that focuses on revitalizing the U.S. shipbuilding industry, strengthening the U.S. maritime workforce and expanding the American global shipping presence. The EO focuses on addressing national security concerns with a collaborative interagency approach to counter Chinese dominance in the …

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TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured

TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United States.  The post TotalEnergies follows in Aramco’s footsteps with 20-year US LNG …

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With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering

The Dutch Port of Rotterdam has hosted an ammonia bunkering pilot at the Maasvlakte 2 APM terminal, validating the safety framework for ammonia bunkering and marking “an important step” toward sustainable shipping. The post With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering appeared first on Offshore Energy.

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