Yearly Archives: 2025
LNG Shipping Stocks Show Limited Movement with Seasonal Support Ahead
The UP World LNG Shipping Index (UPI) closed nearly flat at 168.11, holding just below long-term resistance as trading volumes eased.
ADNOC LS...
Bulk Carrier Blast Prompts Coast Guard Safety Zone in Patapsco River
A coal-carrying bulk carrier reported an explosion in the Patapsco River near the Francis Scott Key Bridge site.
All 23 crew members and...
Bulk Carrier and Tanker S&P Activity Slows in 2025
Bulk carrier sales down 13% year-to-date.
Panamax emerges as the only dry bulk segment with growth.
Mid-age and vintage bulk carriers dominate transactions.
From...
Lessons Learned: Improper Fumigation Practice Caused Hold Explosion and Damage
A bulk carrier experienced an explosion in one of its cargo holds shortly after departure from the US Gulf. The incident was reported by...
Rising Piracy Incidents Signal Security Challenge in Asian Waters
Piracy and armed robbery cases in Asia have already reached 112 in 2025, exceeding last year’s total.
Most incidents are Category 3 and...
Nanjing Tanker to Add Two New LR2 Product/Crude Oil Tankers
Nanjing Tanker Corporation will build two new LR2 product/crude oil tankers to expand its fleet.
Dalian Shipbuilding Industry Group Co., Ltd. won the...
ABS and Saronic Technologies Partner to Advance Maritime Autonomy
ABS and Saronic Technologies have signed an MoU to collaborate on autonomous maritime technologies.
The partnership will focus on advancing technical requirements and...
Solar Power Set to Cut Emissions at European LNG Terminal
KN Energies has contracted UAB Elmitra to install a 500 kW solar power plant at the Klaipėda LNG terminal.
The project will generate...
Engine Failure Causes Bulk Carrier to Run Aground, Towed to Montreal After Salvage Operation
In a recent incident on the St. Lawrence River, a bulk carrier ran aground after experiencing engine failure. The vessel was successfully refloated after...
World’s First Hybrid Solar-Powered Inland Vessel
Dutch solar innovator Wattlab has equipped HGK Shipping’s cargo vessel Blue Marlin with a 192-panel solar energy system.
The installation makes Blue Marlin...