Yearly Archives: 2025
Zelim Urges Mandatory Situational Awareness Tech to Prevent Ship Accidents
The MV Solong-Stena Immaculate collision highlights the urgent need for advanced situational awareness systems to enhance maritime safety.
Zelim’s AI-powered ZOE system helps...
FAIRFIELD-Maxwell Builds on 68-Year Shipping Legacy with New Japanese Operations
FAIRFIELD-Maxwell re-enters the Japanese shipping market targeting chemical tankers, medium-range product tankers, gas carriers, and newbuildings.
The venture, Fairfield Maritime Japan, is led...
Turkey’s Stella Tanker Expands Fleet with 7,300 DWT Duplex Chemical Tankers
Stella Tanker Shipping Co., Ltd. has contracted Zhejiang Yongxin Shipyard in China to build 3+1 new generation 7,300 DWT duplex stainless steel chemical...
New Study on LNG Well-to-Tank Emissions Supports Net-Zero Shipping Goals
Rystad Energy’s study provides the most accurate 2024 data on LNG bunker fuel emissions, supporting IMO’s Net-Zero Framework.
Upstream gas production and liquefaction...
Red Sea Missile Attack and Black Sea Explosive Incident Signal Growing Risks
First confirmed Houthi missile attack in the Upper Red Sea targets Liberia-flagged tanker Scarlet Ray.
Belize-flagged NS Pride damaged by an explosive device...
2025 Update: Ammonia Fuel Adoption in the Maritime Industry
Ammonia engine technology has matured, with 39 newbuilds on order by 2025, led by ammonia carriers.
Ammonia requires nearly three times the storage...
Syria Oil Exports Resume With First Crude Shipment in 14 Years From Tartus
Syria exported 600,000 barrels of heavy crude from Tartus, its first official shipment since 2010.
The oil was sold to B Serve Energy...
Cefor: Fires Dominate Major Losses and Claims in 2025
Cefor, the Nordic Association of Marine Insurers, has issued its 2025 Mid-year Hull Report, highlighting the most common and major causes of losses for...
Turkey Implements Strict Restrictions on Vessels with Israeli Affiliation
Omur Marine highlights that, in light of recent developments, several restrictive measures affecting vessels calling at Turkish ports and engaging in trade with Israel...
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...