Ocean Network Express (ONE) Achieves Exceptional Financial Growth in FY2024

ONE reported a 336% surge in net profit, reaching over USD 4.2 billion for FY2024. Revenue rose by 32% to USD 19.2 billion,...

Potential Impact of USTR’s Proposed Fees on Chinese-Linked Vessels

The USTR’s announcement of fees up to $1.5 million on Chinese shipping companies and vessels has caused significant concern within the industry, with...

JAXPORT Welcomes Crowley’s LNG-Powered Containership on First Voyage

Quetzal, Crowley’s newest LNG-powered containership, has made its maiden voyage to JAXPORT, offering increased capacity and reduced emissions. It is the first of...

LR launches first naval engineering apprenticeship scheme

Lloyd’s Register (LR) will launch its first Engineering Apprenticeship Programme in September 2025 at its Naval Centre of Expertise in Barrow-in-Furness. The 3.5-year...

Wärtsilä Expands NextDF Technology to 46TS-DF Dual-Fuel Engine

Wärtsilä introduces NextDF technology to its high-efficiency 46TS-DF dual-fuel engine, significantly cutting methane emissions to as low as 1.1%, well below industry standards. ...

Bunkering Goes Digital: TFG Marine Streamlines Operations in Oman with e-BDN

Kenneth Dam's announcement of the successful trial and forthcoming implementation of ZeroNorth's electronic bunker delivery note (e-BDN) solution for their customers at the port...

West Australia Dry Bulk Demand Strong, Panamax Market Softens

The West Australian shipping market continues to show positive signs, with a healthy volume of inquiries for vessel fixtures spanning the mid to late...

VLCC Market in Limbo as Charterers Hold Back, Suezmax Rates Decline...

Following a strong surge in rates last week that peaked in the mid-WS 70s for Middle East Gulf (MEG) to East voyages, the current...

India and Netherlands Partner for Green and Digital Corridor via Rotterdam

India is planning to establish a Green and Digital Corridor with the Port of Rotterdam in the Netherlands. This initiative aims to create a...

Port of Los Angeles Projects 35% Drop in Cargo Volume Due...

The impact of President Trump's tariffs is indeed causing significant disruptions to shipping patterns, particularly concerning shipments from China to the U.S. West Coast,...

Echoes of the Past: Danish Slave Ships Identified Centuries After Wrecking

The National Museum of Denmark announced that two 18th-century shipwrecks discovered off Costa Rica, long suspected to be pirate ships, have now been definitively...

HTM Marks First Biofuel Bunkering Operation With B30 Supply To Mount...

Hercules Tanker Management (HTM), a shipping venture led by Peninsula CEO John A. Bassadone, has taken a significant step toward maritime decarbonisation. On 29...

Hapag-Lloyd Reports Strong Q1 Results Amid Forecast Uncertainty For 2025

Hapag-Lloyd, one of the world’s leading container shipping companies, has maintained its earnings forecast for 2025 but cautions that geopolitical instability and volatile freight...

DP World Sokhna Achieves Record Cargo Volume In Q1 2025, Strengthening...

DP World Sokhna has marked a major milestone by handling 285,000 TEUs (twenty-foot equivalent units) in the first quarter of 2025 — the highest...

UK Club: Beware and Prepare for LNG Heavies

The UK P&I Club has issued a cautionary advisory regarding the increasing presence of large LNG carriers, commonly referred to as "LNG heavies," in...

BIMCO: Weaker Dry Bulk Market in 2025, Supply Outpaces Demand

The Baltic and International Maritime Council (BIMCO) has released its 2025 dry bulk market outlook, indicating a shift toward a weaker supply-demand balance. This...

Lessons Learned: Engine Room Fire Aboard Towing Vessel

NTSB reports of an engine room fire aboard a towing vessel. Incident Overview On January 30, 2024, around 3:30 a.m. CST, a fire erupted in the...

7 Steps to Green Seas: DNV’s Guide to Ammonia & Hydrogen...

As the maritime industry moves towards zero-emission operations, ammonia and hydrogen are gradually emerging as suitable ship fuels due to their carbon-free emissions. These...

HPC Completes Pre-Feasibility Study For Bulk Cargo Terminal At Porto Fundo,...

HPC Hamburg Port Consulting has successfully completed a pre-feasibility study for the development of a bulk cargo terminal at Porto Fundo, located on the...

ClassNK Launches “Prime Ship management Guidelines”

With safety as the top priority, ClassNK has introduced its “Prime Shipmanagement Guidelines” to help the maritime industry adapt to modern challenges while ensuring...