Major Newbuild Programme Launched Amid Strong Shipping Demand

A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships. This newbuild programme...

Air Lubrication Systems Selected for Nine New RoPax Newbuilds

  Nine new RoPax vessels being built in China will be fitted with air lubrication technology. The order marks the largest RoPax installation programme...

Global Shipping Faces Sanctions Pressure as Markets Look Toward a 2026...

Break Wave Advisors reports that the global shipping market is closing 2025 under a heavy mix of geopolitical strain, shifting trade flows, and regulatory...

IOPC Funds Meeting Sets New Priorities for Safety and Compensation Rules

The International Oil Pollution Compensation (IOPC) Funds opened its latest session in London with several important discussions about maritime safety and global compensation rules....

Container Shipping Market Shows Mixed Signals as Weekly Rates Shift Across...

Xeneta reports that the global ocean container market continued to move unevenly in early December, with spot rates and offered capacity shifting in different...

Global Bunker Markets Hold Mixed Signals as Week 49 Closes

Marine Bunker Exchange (MABUX) reports that global bunker prices moved without a clear direction in Week 49. Some fuel grades posted modest gains, while...

Romania Neutralizes Maritime Drone as Black Sea Security Tensions Rise

Reuters reports that Romania destroyed a maritime drone in the Black Sea on Dec. 3 after it was judged to be a direct threat...

Sanctions Reshape Russian Oil Flows as November Export Volumes Retreat

S&P Global Commodity Insights reports that Russian crude exports fell sharply in November as new US sanctions took effect and the EU prepared additional...

Yang Ming Issues Advisory On Accurate Cargo Declaration Requirements

Yang Ming has released a new customer advisory stressing the importance of complete and truthful cargo declarations. The company highlights that accurate information is...

Key Recommendations To Avoid Customs Fines In Argentina

Argentinean Customs has intensified inspections on vessels, focusing closely on Store Lists and item declarations. Even small mistakes, omissions, or inconsistencies can lead to...

South Korea Expands Global Shipping Support And Pushes For Faster Green...

South Korea is strengthening its global logistics presence while accelerating the shift toward eco-friendly vessels. As part of this effort, the Korea Ocean Business...

Everllence Secures 138 Orders For New 35/44DF CD GenSet Following Successful...

Everllence has achieved a major commercial milestone with its newly developed 35/44DF CD GenSet, securing 138 orders within just seven months of completing its...

GTT Secures New Order From HD KSOE For Two LNG Carrier...

GTT has announced a fresh order in the fourth quarter of 2025 from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the design...

Dr. Noel Hacegaba Poised To Become Next CEO Of The Port...

The Port of Long Beach Board of Harbor Commissioners has announced that it will consider appointing Dr. Noel Hacegaba as the Port’s next Chief...

Decarbonisation Efforts Surge On, Even as NZF Faces Setbacks

The IMO’s efforts to develop mid-term measures through the ‘Net-zero Framework’ did not proceed as anticipated. A majority vote in favour of a “one-year...

TT Talk: The Perennial Challenge of Wreck Removal

The risk to port authorities from abandoned or uninsured ships and small craft is real and potentially costly. When a ship sinks within harbour...

WinGD and OPearl LNG Sign 15-year Service Deal for Fleet Reliability

Swiss marine power company WinGD has signed a long-term service agreement with Hong Kong-based OPearl LNG Ship Management, according to an official statement. The 15-year...

Lessons Learned: Missing Splash Tapes on Fuel Hose Connections

IMCA safety flash reports of an incident where several engine fuel hose connections were not fitted with splash tapes. What happened? During inspection of a several...

Fleet Supply and Freight Rates Drive Crude Tanker Values Higher

Crude tanker asset prices have been rising in recent weeks, lifted by a surge in freight rates and tightening vessel availability across global markets,...

Northern Lights Takes Delivery of Newbuild Liquefied CO2 Carrier

Norwegian Joint venture Northern Lights took delivery of a new liquefied CO2 carrier, Northern Phoenix, on 2nd December at Dalian Shipbuilding Offshore Co. Ltd....