Yearly Archives: 2025
Yangzijiang Shipbuilding Contracts TMC Compressors For Maersk’s Green Container Vessels
Yangzijiang Shipbuilding Group has entrusted TMC Compressors (TMC) to deliver energy-efficient Smart Air compressors for six dual-fuel container vessels being built for Maersk. These...
2024 In Retrospect A Year Of Low Recycling Activity
As 2024 closes, the global maritime sector braces for a more dynamic 2025, according to GMS. Despite strong charter rates across sectors, ship recycling...
Xiushandong Anchorage Hits Record 1 Million mt Bunkering Milestone in 2024
Xiushandong Anchorage in Zhoushan achieved a record annual bunkering volume of over 1 million metric tonnes in 2024.
Its operational efficiency, aided by...
[Watch] IMO’s 2025 Vision: Seafarers, Security, and Sustainability
The IMO's 2025 agenda focuses on seafarers, global security, and decarbonization in the maritime sector.
Secretary-General Dominguez emphasized reducing seafarer criminalization and promoting...
2024 in Shipping: Fleet Growth Meets Strategic Rerouting
The global container fleet grew by 10.6% in 2024, with Cape of Good Hope diversions mitigating overcapacity concerns.
The Asia-Europe trade absorbed 59%...
Riding the Wave: MSI Projects Surge in Tanker Deliveries by 2025
Tanker contracting in 2024 is projected to reach 60.8m dwt, marking the second-highest level in history.
Significant deliveries are expected from 2025 onwards,...
PTP Achieves Milestone with 12.5M TEUs Handled in 2024
Port of Tanjung Pelepas (PTP) has set a record as the first container terminal in Malaysia, handling more than 12.25 million twenty-foot equivalent units...
Turkey Hikes Shipping Pollution Fines Amid Rampant Inflation
NorthStandard shares Omur Marine’s circular on Turkiye significantly increasing its sea pollution fines compared to previous years’ rates.
The pollution fines will also...
Drewry: World Container Index Climbs 3% This Week
Drewry’s World Container Index increased 3% to $3,905 per 40ft container this week.
Detailed assessment for Thursday, 02 January 2025
The Drewry WCI composite index...
Lessons Learned: Equipment Failure and Subsequent Damage to Vessel
Transport Malta reports equipment failure and subsequent damage to a rescue boat in Port Everglades.
What happened
At about 1003 (LT) on 14 April 2021, while...