Yearly Archives: 2025
Navigating Geopolitical Risks in Global Energy and Shipping
Ongoing geopolitical risks like the Ukraine war and sanctions on Russia, Iran, and Venezuela are impacting energy markets.
New sanctions could drive up...
Rolls-Royce Propels the World’s Fastest Offshore Crew Transfer Vessels
Three vessels by Strategic Marine exceed 53 knots, the fastest offshore supply vessels globally.
Powered by four mtu Series 2000M72 engines, delivering 5,760...
European Shipowners and ETF Unveil European Maritime Skills Forum
European Maritime Skills Forum launched to tackle skills gaps in maritime industry.
Aimed at upskilling 250,000 seafarers by 2030 for green and digital...
Shipping Companies Await Insurance Approval Before Resuming Red Sea Transits
According to sources from at least two major oil tanker companies, their fleets have not yet resumed transits through the Red Sea, pending approval...
IACS Releases Updated Blue Book: A Valuable Resource For The Maritime Industry
The recent release of the Blue Book package signifies a continued commitment from IACS to enhance technical support for the shipping industry through advancements...
Potential Threat: Giant Iceberg A23a Heading Towards South Georgia
The world's largest iceberg, A23a, is still on the move after being "trapped" for months near an undersea mountain. There are concerns that it...
Shipping Market Trends Show Pressure on LNG and LPG
Declining rates due to vessel oversupply, cargo scarcity, and Freeport delays. Atlantic routes saw sharper rate drops than the Pacific.
Minimal fluctuations with...
NYK Partners With STAX For Emissions Capture Technology
NYK has signed an agreement with STAX Engineering to use its emissions capture and control technology on NYK-operated car carriers in California. This initiative...
Port of Los Angeles Reports Record-Breaking Cargo Volume In 2024
The Port of Los Angeles Executive Director, Eugene Seroka, announced that the port handled 10.3 million TEUs in 2024, its second-best year in history....
Denmark’s Largest Port To Get Onshore Power For Containerships
Soon, container ships docking at Denmark's largest commercial port will be able to connect to shore power, allowing them to switch off their diesel...