” Sometimes the simplest things are the most profound. My job is to bring out in people & what they wouldn’t dare do themselves “
DEME Acquires 50% Stake In Bauer Offshore Technologies To Strengthen Offshore
In a strategic move to enhance its offshore energy portfolio, DEME Offshore Holding NV, a subsidiary of DEME Group NV, has acquired a 50%...
Shanghai Builds World-Class Automated Terminal At Xiaoyangshan Island
In a strategic move to address shoreline scarcity and boost operational efficiency, Shanghai is transforming the north area of Xiaoyangshan Island into its largest...
Germany to Begin Domestic Ship Recycling with First Authorized Facility
EWD Benli Recycling GmbH became the first German company authorized to recycle seagoing vessels domestically.
This milestone marks a new chapter for the...
Week 20 Bunker & Energy Update: MABUX Gains, Gas Storage Up,...
Bunker indices surged in Week 20, with 380 HSFO up $20.50, VLSFO up $21.40, and MGO LS up $22.25 per MT.
European gas storage reached 43.1%...
Watch: Huge Ice Chunks Break Off Perito Moreno Glacier
Massive ice chunks, some as tall as 70 m, have begun breaking off Perito Moreno Glacier with uncommon frequency after decades of relative stability.
...
China–US Vessel Traffic Drops Amid Tariff Tensions
Commercial vessel traffic from China to the US fell 27% in April 2025 due to rising reciprocal tariffs.
China significantly reduced LNG and...
Hanwha Ocean Forms MRO Cluster to Meet Growing U.S. Naval Demand
Hanwha Ocean forms MRO Cluster Council with 15 South Korean firms to support US Navy maintenance needs.
Council aims to boost MRO capacity,...
Folk Maritime Adds Three Saudi-Flagged Vessels to Fleet
Folk Maritime Strengthens Fleet with Three New Container Ships.
Saudi-Flagged Vessel Additions Boost Folk Maritime’s Regional Presence.
Folk Maritime Advances Vision 2030 with...
Hyundai, Hanwha CEOs Meet USTR on Shipbuilding Ties
South Korean Shipbuilders Explore U.S. Cooperation with Trade Representative.
First USTR Talks with Korean Shipbuilders Focus on Tech, Cranes, and Shipyards.
HD Hyundai,...
HMM Announces Significant Revenue and Profit Growth in Q1 2025
South Korean container shipping company HMM has announced strong or positive results for the first quarter of 2025, reports Container News.
Strong Performance
Hyundai Merchant Marine...
Port of Felixstowe Issues Alert Over Suspected Soot Deposit in Water
On May 14th, 2025, the Port of Felixstowe issued an alert concerning a suspected deposit of soot that had been observed in the water...
Brazil Extends Dominance as China’s Top Soybean Supplier Amid Tariff Dynamics
Brazil's position as China's leading soybean supplier continues to strengthen in 2025. This dominance is primarily driven by Brazil's record-breaking soybean harvests, its competitive...
Despite Recent Dip, Drewry’s IACI Remains 11% Higher Year-on-Year
Drewry’s Intra-Asia Container Index (IACI), which represents a weighted average of spot container freight rates across the region, experienced a 7% decrease in the...
Dry Bulk Ship Recycling Plummets to 17-Year Low Despite Weaker Freight...
In BIMCO's "Shipping Number of the Week" analysis for this week (ending May 16, 2025), Filipe Gouveia, BIMCO's Shipping Analysis Manager, examines the trend...
Australian Team Locates 19th-Century Dutch Shipwreck Hidden for Over a Century
A team of Australian maritime archaeologists has located the remains of the Dutch frigate Koning Willem de Tweede. The ship sank off the South...
Panama Canal Shares Financial Success and Long-Term Plans at MAPA Conference
The Panama Canal plans to invest over B/.8.5 billion in the next five years to ensure long-term sustainability.
The Canal’s recent milestones include...
IMO Net-Zero Framework Decarbonising the Shipping Sector
The IMO Net-Zero Framework is reflecting the power of international cooperation and multilateralism in addressing global climate challenges.
The framework establishes goals to...
Panama Reports 12% Rise in Seafarer Employment in Early 2025
The Panama Maritime Authority (PMA) recorded a 12% rise in employment contracts for Panamanian seafarers in early 2025.
Strong partnerships with global shipping...
Port of Stockholm Launches Second OPS Facility to Cut Cruise Ship...
Ports of Stockholm has inaugurated Sweden’s second OPS facility for international cruise ships.
The port provides discounts on fees for environmentally high-performing ships...
Damen and Alfa Laval Collaborate to Increase Industry-Wide Decarbonisation Efforts
Damen Shiprepair and Alfa Laval Benelux have formed a strategic partnership to increase energy efficiency by focusing on integrating decarbonisation solutions into regular...
