MPCC Eyes Further Newbuildings as Ageing Feeder Fleet Faces Underinvestment

Despite increased ordering activity in 2025. MPC Container Ships chief executive believes the sub-5,000 teu boxship fleet remains underinvested. MPCC Considers Expanding Its 2025 Newbuilding...

LNG Markets Rally Across All Major Routes While LPG Levels Remain...

The LNG spot market further strengthened this week, with two-stroke tonnage remaining extremely tight in the Atlantic, driving higher rates on all major routes. LNG...

Holland Shipyards Group Secures Contract To Build Two Advanced Floating Training...

Holland Shipyards Group has signed a major agreement to build two state-of-the-art floating training platforms Uhlenbeck and Thetis designed to strengthen maritime training capabilities...

Greece Sees Strongest Growth In Female Maritime Employment Worldwide

A new Greek study reveals that Greece is experiencing one of the fastest increases in female maritime employment globally. Over the past five years,...

Hong Kong Event Highlights Growing Investment Opportunities In Sustainable Ship Recycling

At Hong Kong Maritime Week, the IMO’s SENSREC Project hosted an event on 18 November to brief Hong Kong’s finance and investment community on...

Caribbean To Advance Maritime Governance With Two New IMO-Supported Projects

The Caribbean is set to strengthen its maritime governance framework through two newly approved initiatives funded by the Kingdom of Saudi Arabia and Oman....

Evolving Gas Trades Reshape Maritime Risk Growing Exposure In LPG, Ethane,...

Liquefied petroleum gas (LPG), ethane, and ammonia have become central pillars of global energy and petrochemical supply chains. As seaborne trade surges and cargoes...

Global Seaborne Trade Shows Signs Of Cooling As WTO Barometer Indicates...

Global seaborne trade, which surged in the first half of 2025 due to frontloaded imports and strong demand for AI-related goods, is now showing...

IMO and EU Launch Safe Horizons to Eliminate Harassment at Sea

Safe Horizons Project Targets Zero Tolerance for Abuse in Maritime Industry. EU Funds New IMO Initiative to Strengthen Safety and Conduct Standards. Global...

IMO and Korea Launch New SMART-C Security Project

SMART-C Initiative Targets Piracy in the Gulf of Guinea. USD $3 Million Commitment to Boost Regional Maritime Security. New Project Builds Long-Term Training...

Human Washing Machine Makes Commercial Debut in Japan

Hotels and Retailers Snap Up Japan’s New Human Washer. Sci-Fi Human Washing Pod Hits Market at 60 Million Yen. Limited-Edition Human Washer Draws...

Mediterranean Moves Closer to Designating Regional NOx Emission Control Area

Experts Review Feasibility Study for Proposed Med NOx ECA. Delegates Highlight Air Quality and Health Gains from NOx Cuts. Meeting Calls for Rapid...

Overcapacity Set to Define Carrier Strategies in 2026

US East Coast Sees 35% Capacity Surge as Spot Rates Collapse Over 50%. US West Coast Capacity Flat but Rates Slide Amid Falling...

VLCC Rates Surge as Russian Crude Flows Lose Momentum

The latest market update from Breakwave Advisors highlights a VLCC sector that remains unusually firm despite signs of cooling in Russian crude flows to...

Stena Line, ABP Launch £200 Million Immingham RoRo Terminal

Stena Line and the UK’s largest port operator, Associated British Ports (ABP), have begun work on a new £200 million ($264 million) freight ferry...

Unguarded Conveyor Drum and Communication Lapse Cause Injury

In a recent case study reported by the Shipowners’ Club, a routine rope-clearing task aboard a fishing vessel turned catastrophic when an unguarded conveyor...

Global Container Market Slips Amid Red Sea Transit Shift

This week’s Baltic Exchange Container Report shows a slide across major lanes. The Suez Canal Authority has this week announced that it has had talks...

Ukrainian Naval Drones Strike 2 Russian ‘Shadow Fleet’ Oil Tankers

Ukrainian naval drones hit two tankers operating under sanctions in the Black Sea as they headed to a Russian port to load up with...

Russia Fast-Tracks Sea Trials for Its Debut Domestically-Made LNG Carrier

Russia’s first domestically constructed LNG Carrier, Aleksey Kosygin, is undergoing its fourth round of sea trials in the Far East as Moscow races to...

Explosion and Fires Hit Sanctioned Tankers in the Black Sea Off...

According to Euronews, two sanctioned oil carriers caught fire in the Black Sea near Türkiye. The incidents happened only a few dozen nautical miles...