Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier
Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first successful methanol bunkering demonstrations for container ships (PTS/STS) in 2023-2024.With the latest achievement, Ulsan Port has expanded its bunkering track record from container ships to bulk carriers.The operation was conducted for Green Future…
NYK, Neptune Ink Robotic Hull Cleaning Deal in Maritime Decarbonization Push
Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a move expected to deliver major fuel savings and accelerates maritime decarbonization.NYK has worked with Neptune since 2022, making it one of the earliest adopters of Neptune’s robotic hull cleaning.
Fincantieri, TUI Cruises Agree Delivery of Two New Cruise Ships
Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, have signed a contract for the design and construction of two new cruise ships.The order replaces the Memorandum of Agreement (MoA) signed in March 2025 with TUI AG for the construction of two cruise ships for their Marella Cruises brand.The ships, which will be delivered in calendar year 2031 and 2032 respectively…
Ship Recycling Market Faces Disconnect
“Global markets seem to be going through quite a disconnect of late as on the one hand, the last couple of months has seen a multitude of directions that stock markets, trading markets, charter rates, financial and FX markets, and even the ship recycling markets have been greeted by versions of unfolding realities that seem to conflict with what’s been transpiring at the bidding tables of late,” says…
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