Yearly Archives: 2025
Global Shipbuilding Sees Sharp Reversal In 2025 As Newbuilding Orders Collapse
After a strong surge in 2024, global shipbuilding activity has dramatically reversed course in 2025. According to Xclusiv Shipbrokers, the number of new dry...
Armed Robbery Incident In Chittagong And Ongoing Maritime Vigilance
Recently, an armed robbery incident occurred onboard an LPG tanker anchored at Chittagong ‘C’ Anchorage, Bangladesh. Fortunately, no crew members were harmed and no...
Low Utilization Of Excellent Shipper Certification System Raises Industry Concerns
The excellent shipper certification system, launched in 2020 to support domestic shipping companies, is showing disappointing results. Industry experts are now calling for policy...
SIPG Energy And Argus Partner To Advance Green Fuels At Shanghai Port
SIPG Energy and Argus signed an MoU on 18 July in Shanghai to collaborate on green fuels development and market intelligence. The partnership aims...
ALAM Launches Advanced Simulator Hub To Train Future Maritime Leaders
Akademi Laut Malaysia (ALAM), part of the MISC Group, has inaugurated its Maritime Experiential Learning Centre — a high-tech simulator training facility designed to...
Grimaldi Group Unveils ‘Grande Shanghai’ A Next-Gen Green Car Carrier
The Grimaldi Group has officially named its newest vessel, the Grande Shanghai, at a ceremony held in Jiangsu, China.
This marks the launch of the...
New BIMCO Clause Addresses USTR Actions
The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR)...
UK Hits 135 ‘Shadow Fleet’ Tankers in Major Sanctions Sweep
On 21 July, the UK announced 137 new sanctions to ramp up pressure on Russia’s oil industry and target shadow fleet operations, according to...
Putin Orders FSB Gatekeeping for All Foreign Vessel Arrivals
Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...
Hanwha Philly Secures Landmark LNG Carrier Construction Deal
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC,...