Performance Shipping Advances Modernization Drive with Twin Suezmax Acquisitions

Performance Shipping Inc. is expanding its fleet with two 2019-built Suezmax tankers, M/T Eco Bel Air and M/T Eco Beverly Hills. Each vessel,...

Navigating the Regulatory Gap: Nuclear Meets Maritime

Lloyd’s Register recently hosted a pivotal workshop under the Nuclear Energy Maritime Organization (NEMO), marking a significant stride toward advancing nuclear energy application at...

U.S. Port Imports Slip Below 2 Million TEUs Amid Rising Tariffs

U.S. container ports are projected to handle under 2 million TEUs monthly for the rest of the year as rising tariffs weigh on...

Pacific Ocean Enters La Niña Phase, Impacting Global Maritime Outlook

La Niña conditions have formed in the equatorial Pacific and are expected to persist through the Northern Hemisphere winter. The Panama Canal reported...

Maritime Groups Seek IMO Consensus on 2050 Climate Neutrality Goal

Seven leading shipping associations have urged the IMO to adopt the Net-Zero Framework (NZF) to achieve climate-neutral shipping by 2050. The framework would...

The Brain Hack: Why Nonsense Works

A casual chat between two friends, Aman and Riya, navigating college or early career life in an Indian city. ​Aman (A): Yo Riya, have you...

Price Cap Drives Shift to Non-Western Tankers in Russian Oil Trade

An analysis of Russia's crude oil exports under the G7 price cap regime reveals a critical shift in the shipping market and differing policies...

Digital Dependency Exposes Ports to Catastrophic Blackout Risks

An increasingly complex energy landscape and a rising dependency on digital systems are making power outages a significant and growing threat to the transport...

Panama Canal Reports Strong Fiscal Year 2025 with $5.7 Billion Revenue

An official statement from the Panama Canal Authority indicates a strong fiscal year 2025, marked by increased revenue and vessel traffic, positioning the canal...

Icebreaker and Tugs Successfully Refloat Vessel in Northwest Passage

The cargo vessel, which ran aground in the Canadian Arctic Northwest Passage on September 6, appears to have been successfully refloated following a complex,...

Market Volatility and Regulatory Uncertainty Shape Global Bunker Sector

This week's analysis of the global bunker market shows a moderate downward adjustment in fuel indices, shifts in the Scrubber Spread, continued volatility in...

Forward Freight Agreements Soften on Major U.S. Soybean Trade Halt

A major disruption in the typical seasonal flow of U.S. soybean exports to China, caused by trade tensions, is having a noticeable impact on...

ATSB Interim Report Reveals Propulsion Failure Incident At Port Hedland

The Australian Transport Safety Bureau (ATSB) has released an interim report detailing the events surrounding a bulk carrier’s loss of propulsion while departing Port...

Poseidon Principles Report Reveals Growing Misalignment With IMO Decarbonization Goals

The Poseidon Principles for Marine Insurance (PPMI) Association has released its Interim Disclosure Report for 2024, revealing that all signatory portfolios remain misaligned with...

Global Container Market Sets New Records In 2025 Strong Volumes And...

The global container shipping market has demonstrated remarkable strength in 2025, defying earlier predictions of slowdown. With container volumes surpassing all previous records, the...

Strikes And Storms Disrupt Europe’s Key Ports Rotterdam And Antwerp Face...

Europe’s major logistics hubs, the Port of Rotterdam and the Port of Antwerp-Bruges, are currently facing severe operational challenges due to a combination of...

ADNOC L&S And TA’ZIZ Partner To Build UAE’s First Dedicated Chemicals...

ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a historic 50-year strategic agreement to develop the United Arab Emirates’ first dedicated chemicals...

BIMCO And WISTA Unite For A Sustainable And Inclusive Maritime Future

In a major step towards promoting sustainability and inclusivity within the global shipping industry, BIMCO and WISTA (Women’s International Shipping & Trading Association) have...

[Watch] Heat Exchanger Water Cooling System

Ships are loaded with machinery operating 24x7 which needs to be cooled down. For that, we have water cooling systems that comprise of heat...

Shipping Takes the Helm in Transport Decarbonization by 2050: DNV

Maritime sector emerges as most decarbonized transport by 2050. Shipping emissions cut 77% through low-carbon fuels, CCS. Biofuels, e-methanol, ammonia to dominate marine...