Maritime Security Update Rising Incidents In Singapore Strait And Improved Safety...

The first quarter of 2025 has seen contrasting developments in maritime security across Southeast Asia. While piracy and armed robbery incidents in the Singapore...

AD Ports Group Signs 10-Year Lease Agreement With TW Steel At...

AD Ports Group has announced the signing of a 10-year lease agreement with TW Steel, a leading provider of prefabricated structures. The partnership aims...

Northern Offshore Services Delivers World’s First 100% Biomethanol-Powered Crew Transfer Vessel

M/V Transporter, the world’s first crew transfer vessel (CTV) powered exclusively by biomethanol, has been officially delivered by Northern Offshore Services (N-O-S). The vessel...

TMS Group Selects Ascenz Marorka’s Smart Shipping Solution For Entire Fleet

In a significant move toward digitalisation and sustainability, the TMS Group, a global leader in multi-segment shipping, has selected Ascenz Marorka’s Smart Shipping solution...

ExxonMobil And H-Line Shipping Name Two New LNG Carriers In Tribute

South Korea’s H-Line Shipping and US energy major ExxonMobil recently held a naming ceremony for two new liquefied natural gas (LNG) carriers at Samsung...

Zhoushan LSFO Premium Hits 3-Month High on Barge Shortage

Short-Term Surge in Zhoushan LSFO Likely to Fade in Q2. China’s Fuel Oil Export Quotas Could Cap Zhoushan LSFO Prices. LSFO Premiums Rise...

MEPC83: The Clock Is Ticking for Shipping Decarbonisation

MEPC83 Needs to Score Big on Climate or Sink the 2050 Goal. A Carbon Levy Alone Won’t Save Shipping. MEPC83 Must End the...

VLCC Market Rebounds in Early 2025

Freight Rates Surge After US Sanctions. Quarterly Average Remains Strong Despite Adjustments. Tighter Tonnage Supports Cautious Optimism. In late December 2024, West Africa–Far East...

Alang Records Lowest Ship Recycling Numbers in Over a Decade

Ship Recycling at Alang Drops to 15-Year Low. Only 113 Ships were Scrapped at Alang in FY25, Marking a Steep Decline. High Freight...

WSC Calls for Global Carbon Pricing Ahead of MEPC 83

WSC urges IMO to adopt global carbon pricing to close the cost gap between fossil and green fuels. Industry leaders stress the need...

Stella Maris Calls for Action on Shore Leave

Stella Maris UK has called for urgent protections to stop seafarers from being forced to choose between shore leave and adequate rest. As the...

Maritime Experts Tackle Rising Cyber Threats in Athens

Experts warned about the growing weaponization of commercial shipping, urging stronger international security measures. Cybersecurity threats in maritime operations are rising, with calls...

DP World Begins Duke Point Upgrade to Boost Global Connectivity

DP World has officially launched construction of the Duke Point Terminal expansion today, aimed at significantly enhancing Vancouver Island’s connectivity and trade resilience...

OCP Group & Maersk Join for Sustainable Supply Chain Innovation

OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk have signed a global Memorandum of Understanding (MoU), to strengthen...

Cefor: Fires & Collisions Dominate the Largest Losses

Fires and collisions are the leading causes of major marine insurance losses, often driven by hazardous cargo and navigational challenges. Fire incidents on...

CMA CGM Adopts Mistral AI Tech for Operations

CMA CGM Group and Mistral AI have entered into a five-year strategic partnership with an investment of €100 million to integrate generative AI...

HII and HD Hyundai Ink Strategic MoU

HII and HD Hyundai Heavy Industries (HHI), two of the world’s foremost shipbuilders, have signed an MoU to explore collaborative opportunities in defense...

Berge Bulk Acquires 7.3% Stake in U.S. Dry Bulk Shipping Firm...

Singapore-based Berge Bulk, through its investment arm Kibo Investment, has acquired a 7.3% stake in U.S.-listed dry bulk shipping firm Genco Shipping &...

Proposed Port Levies Threaten LNG and Coal Exports

The Trump administration is proposing a levy of up to $1.5 million per port call on Chinese-built ships entering U.S. ports. The move...

Panama Uncovers Port Concession Irregularities Amid U.S.-China Canal Tensions

Panama’s comptroller audit reveals irregularities in the 25-year renewal of a port concession granted to a Hong Kong-based company. The country may have...