” Sometimes the simplest things are the most profound. My job is to bring out in people & what they wouldn’t dare do themselves “
Lessons Learned: Hand Injuries from Sharp Objects During Routine Deck Operations
This summary is based on two separate incidents reported by a member to the International Marine Contractors Association (IMCA), highlighting hand injuries sustained while...
Wärtsilä to Sell Marine Electrical Systems Business to VINCI Energies
Wärtsilä is divesting its Marine Electrical Systems unit to VINCI Energies as part of a strategic portfolio realignment.
The business has annual revenues...
China–U.S Container Freight Rates Decline as Market Reverts to Pre-Tariff Levels
Freight rates from China to the U.S. have returned to pre-tariff levels.
Overcapacity, weak demand, and blank sailings are key contributors to the...
PowerAlign by Cavotec Delivers Flexible Shore Power for Terminals
Cavotec has launched PowerAlign, a modular and mobile shore power solution for container terminals.
The system occupies less than 3.5 m² and keeps the...
Iraq Ramps Up Oil Shipments, Signaling Stronger Production Push
Iraq plans to significantly raise exports of destination-free Basrah Medium crude in August, adding up to 4 million extra barrels.
The increase aligns...
Unpaid Taxes and Houthi Threats Drive Port of Eilat to Bankruptcy,...
Israel's only southern seaport, the Port of Eilat, is set to cease all commercial operations from July 20, 2025. This critical decision stems from...
Russia Continues Arctic LNG 2 Exports with Sanctioned Vessels
A liquefied natural gas (LNG) vessel, the Voskhod, which is subject to U.S. sanctions, has recently docked at Russia's Arctic LNG 2 plant. This...
Capesize Dominates Dry Bulk Freight Gains, Panamax and Ultramax Markets Show...
The dry bulk shipping market witnessed a dynamic week, with Capesize vessels leading a robust rally, while Panamax and Ultramax/Supramax segments experienced more mixed...
VLCC and Suezmax Rates See Welcome Upturn, Bolstering Crude Tanker Earnings
Last week has brought a positive shift in the LR2 (Long Range 2) tanker freight market in the Middle East Gulf (MEG), with rates...
Combating Cargo Abandonment: How Operators Can Identify Risks, Vet Clients, and...
Abandoned cargo poses a persistent and costly challenge for transport and logistics operators globally. These issues arise from various factors, including commercial disputes, consignee...
Europe’s Busiest Cruise Port Barcelona to Scale Back Amid Overtourism Concerns
The Port of Barcelona, currently recognized as Europe's busiest cruise port, is set to scale back its passenger terminal capacity significantly by 2030. This...
60-Year-Old Farmer Builds Submarine by Hand
Zhang Shengwu, a 60-year-old farmer from Maanshan, Anhui province, has stunned many by single-handedly building a functional submarine named Big Black Fish.
His journey from...
GTT Strategic Ventures Invests In CorPower Ocean To Advance Wave Energy
GTT Strategic Ventures, the investment arm of the GTT group, has joined the second close of the Series B funding round for CorPower Ocean,...
CSSC Shipping Orders Two Newcastlemax Bulkers To Boost Dry Bulk Fleet
CSSC Shipping, the Hong Kong-listed leasing arm of China State Shipbuilding Corporation, has expanded its dry bulk fleet with an order for two newcastlemax...
Insetting Can Speed Up Shipping Decarbonisation But Needs Strong Guardrails
A new analysis by the UCL Energy Institute, supported by UMAS, reveals that voluntary insetting schemes could play a crucial role in decarbonising the...
“K” LINE Launches LNG-Fueled Car Carrier Tethys Highway
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) welcomed the delivery of Tethys Highway, a next-generation car carrier with a 6,900-vehicle capacity. Powered primarily by liquefied...
Greek Tankers Reroute Russian Oil Via Africa Amid Red Sea Threats
Amid escalating security threats in the Red Sea, several Greek-managed oil tankers transporting Russian crude to Asia have rerouted via Africa's Cape of Good...
Gas Market Split: LNG Cools While LPG Heats Up in Week...
The Baltic Exchange gas market report for Week 29 of 2025 reveals diverging trends across LNG and LPG freight, with liquefied natural gas rates...
Container Liner Rankings Shake Up as Italy and UK Climb in...
The latest mid-2025 update to the global rankings of container liner carriers by country shows some notable changes, reflecting shifts in fleet strategies and...
Sanfu Unveils Methanol-Powered Feeders for North Sea Green Corridor
Sanfu Shipyard delivered two advanced 1,300 TEU methanol dual-fuel container feeders to MPC Container Ships and North Sea Container Line.
The vessels are...