The US Maritime Administration has revised Title XI vessel and shipyard financing rules, cutting application fees and simplifying requirements for federally guaranteed financing.
DRIFT Energy and Commenda Capital Partners have agreed an exclusive framework to support at least 50 wind-powered hydrogen production vessels, targeting more than $500 million in project-level investment.
China booked 13 LNG carriers in January, driven by an integrated model linking finance, shipping and long-term charter demand, intensifying competitive pressure on Korean LNGC builders.
Diana Shipping has formalised its cash bid to purchase all remaining shares of Genco Shipping & Trading, reinforcing ongoing consolidation trends across the dry bulk fleet sector.
COSCO orders 29 new ships worth $1.7b amid U.S. port fee measures, expanding its green fleet and advancing China’s maritime goals.
Global shipping faces escalating financial exposure as carbon pricing and regulatory frameworks tighten worldwide, potentially reaching $50 billion in annual costs.
