Yearly Archives: 2025
Shipping Giants See Profits Slide as Margins Drop Below 20%
According to Alphaliner, the average operating margin for the nine largest container shipping companies dropped to 18.1% in Q1 2025—marking the lowest level in...
New Circular Updates on Vessel Requirements for China & Taiwan
Effective March 31, 2025, vessels with connections to Mainland China, Hong Kong, or Macau will be subject to a national security review when applying...
Oman to Establish Middle East’s First Green Ship Recycling Hub
Oman is set to establish the first integrated green ship recycling facility in the Middle East, a move aimed at supporting the country’s 2050...
Hafnia to Acquire 14.45% Stake in TORM for $311M
Tanker operator Hafnia Limited has reached an agreement to purchase approximately 14.1 million A shares in TORM plc, representing about 14.45% of TORM’s issued...
Lessons Learned: Overboard Incident During Draught Mark Check
A bulk carrier incident was reported by Marine Insight, in which a deck officer fell overboard while checking draught marks during cargo loading. The...
36% of Russian Oil Moved by Sanctioned Tankers
Sanctioned tankers lifted 36% of all Russian oil exports in July, handling nearly half of crude shipments.
Greek-owned vessels carried 30% of Russia’s...
Judge Rules Google Can Keep Chrome and Android
Google will not be forced to divest Chrome or Android in a landmark antitrust ruling, marking a major win for the company.
The...
COSCO SHIPPING Europe Delivers 20,000 Airbus Components to Tanan
COSCO SHIPPING Europe delivered over 20,000 Airbus components from Hamburg to Tanan.
The shipment involved a full end-to-end logistics process, including barge, inland,...
Royal Caribbean Launches Next-Gen LNG Cruise Ship, Redefining Cruising
Legend of the Seas is the third Icon Class ship, among the largest cruise vessels ever built.
Powered by LNG-capable engines and fuel...
ITF Calls for Action as Seafarers Remain Abandoned in UAE Waters
19 seafarers, including Indians, Bangladeshi, and Ukrainian nationals, were stranded aboard a UAE-based tanker for over 15 months.
The vessel has no registered...