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India Maritime Week 2025 Showcases Global Partnerships for Green Maritime Growth

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Ministers Reaffirm Vision to Triple India’s Global Trade Share by 2047. India and the Netherlands Sign MoU for Green and Digital Sea Corridor. ...

South Africa–Europe Green Shipping Corridor Aims for 2029 Launch

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Saldanha Bay Set to Emerge as Green Ammonia Hub. Hydrogen Projects to Power South Africa–Europe Trade Route. Policy Support Key to Strengthening Green...

Asian VLCC Freight Rates Surge as Port Congestion Tightens Supply

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Persian Gulf-China Route Sees Sharp Jump to W132.5. Chinese Port Congestion and Rising Demand Tighten Tonnage Supply. Global VLCC Laden-Ballast Spread Narrows, Indicating...

Japan Revives Shipbuilding Industry with $6.5 Billion Modernization Push

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MoU with the US Opens Door for Collaboration and Naval Maintenance Contracts. Japan’s Global Shipbuilding Share Falls to Record Low of Just Over...

Sanctioned Russian LNG Tanker Makes First Transfer Off Malaysia

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US-Sanctioned Vessel Perle Transfers Cargo from Portovaya to CCH Gas. Satellite Data Confirms STS Operation Near Singapore, Analysts Say. Perle Heads Toward Indian...

Tripartite Reaffirms Support for IMO as Global Regulator

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In light of recent developments, the Tripartite participating organisations reaffirmed their support to the International Maritime Organization (IMO) as the global regulator for international...

Russian Oil Tanker Turns Back Under U.S. Sanctions Threat

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An Aframax tanker carrying Russian crude to India has reversed course soon after leaving the Russian coast and is currently idling in the Baltic...

Seafarer Happiness Sinks as Pressures Mount Across the Global Fleet

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The latest Seafarers Happiness Index (SHI) from The Mission to Seafarers reveal a significant downturn in seafarer wellbeing, raising concerns about worsening working and...

ABS and KRISO Power Up the Future of Marine Energy with SMRs

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(HOUSTON) ABS and the Korea Research Institute of Ships & Ocean Engineering (KRISO) signed a memorandum of understanding (MOU) to cooperate on the application...

SOLAS Update: New IMSBC Code Amendments Set to Strengthen Global Bulk Cargo Safety Standards

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West of England P&I Club notes that forthcoming amendments to the SOLAS-mandated IMSBC Code (Amendment 08-2) will introduce enhanced requirements for the carriage of...
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