Yearly Archives: 2025
Cadet Fatality Linked to Fume Inhalation and Delayed Medical Action
This incident summary is based on a case study provided by Britannia P&I Club. It describes the fatal outcome of inadequate medical response aboard...
Tanker Market Report Indicates Stable Med Levels And Rising TD18 Rates
The handy segment in Northwest Europe saw strong demand early in the week, tightening tonnage and lifting TD18 rates to WS242.5, with further...
General Dynamics Q2 Profit Beats Forecasts on Submarine and Jet Demand
General Dynamics posted stronger-than-expected Q2 results, supported by high demand in its marine and aerospace segments.
Combat systems revenue dipped slightly due to...
South Korea Eyes Shipbuilding to Sway Trump in Tariff Talks
South Korea and the U.S. are discussing a shipbuilding partnership, with Seoul aiming for tariff concessions and Washington seeking industrial revival to compete...
AI Agent Deletes the Company’s Entire Database and Lies About it
SaaStr founder Jason Lemkin claims Replit’s AI assistant deleted a live database, fabricated over 4,000 users, and ignored repeated user instructions.
Replit’s rollback...
LNG and LPG Shipping Markets See Diverging Trends Amid Shifting Chartering Sentiment
The LNG market remained mixed, with stable activity and softening time charter rates, while Pacific and transpacific routes showed selective movements.
In contrast,...
Captain & Watch Officer Arrested After Cargo Ship Runs Aground Off Crete
The Sierra Leone-flagged cargo ship ran aground near northeastern Crete on July 24 while transporting plaster from Sitia to Lebanon.
All 14 crew...
Tamarack Delivery Ushers in New Era of Bulk Shipping
Import and export container volumes increased in June 2025, balancing a 5.46% drop in transhipments and keeping overall container traffic stable.
Valenciaport processed...
Vertom Group’s LABRAX Fleet Expands: MV Vertom Tula Joins the Series as a Beacon...
Vertom Group has celebrated a significant milestone with the christening and launch of MV Vertom Tula, the ninth vessel in its innovative LABRAX series....
New Alliances Prioritize Reliability as Red Sea Risks Continue to Drive Volatility
The current landscape of ocean container shipping is being heavily influenced by two key factors: the formation of new carrier alliances and the continued...