Seaspan Corporation has expanded its ambitious fleet renewal program with an order for twelve new 9,000 TEU container ships. The vessels will be built...

Samsung Heavy Industries Co. has clinched two orders worth a total of 2.1 trillion won (US$1.52 billion) to build six liquefied natural gas (LNG)...

A tragic fire broke out in the early hours of August 16 in the Port of Yeosu, involving two vessels anchored side by side,...

Golden Ocean Group Limited and CMB.TECH NV have confirmed the timeline for completing their merger. Golden Ocean and CMB.TECH Finalize Timeline Under the terms of the...

The IMO's Net Zero Framework is the first global framework to combine mandatory emissions reduction targets with greenhouse gas (GHG) pricing across an...

Import volumes grow 11.6% amid new liner services. Asian trade up 10.7%, Baltic Sea trade up 20.8%. New routes to the Mediterranean, the...

Hurricane Erin intensified and grew in size on Monday, Aug. 18, as parts of the eastern United States prepared for life-threatening surf and rip...

Cargo Volumes Drop Compared to the Previous Year. General Cargo Ships Lead Vessel Passages. Chemical Tanker and Warship Activity Recorded. The Istanbul Strait continued...

Lithium-ion battery thermal runaway poses major fire risks. Few international rules exist, IMO framework not expected until 2027. Single-cell failure can trigger an...

Sanctioned tankers rise to 886, while the grey fleet reaches 1,140 ships. Aframaxes dominate Russian oil; older VLCCs and Suezmaxes gain value. Strong...

Duckworth warns that US capacity has been shrinking since 2003. Pentagon requests $47B as Trump pushes revival of shipyards. China dominates with 53%...

Ocean Power Technologies (OPT) urged New Jersey lawmakers to expand support for marine energy, citing the state’s potential to be a national hub. ...

Spot fixtures in the Baltic/Black Sea have collapsed, with YTD Handy volumes down ~5% compared with 2024. The Mediterranean remains the key Handy...

  PG–Japan VLGC freight assessed at $89.60/mt on Aug. 14, nearing 16-month highs. Prolonged delays at Indian ports and Panama Canal congestion driving bullish...

Bumi Armada and MISC ended merger talks after their MoU expired on August 14, 2025. The merger was initially intended to build a...

USDOT is investing $175 million to expand and improve ferry services in 35 states, Puerto Rico, the U.S. Virgin Islands, and American Samoa. ...

Based on the DynaLiners Millionaires report with 2024 estimates from Drewry, the top terminal operators managed a combined 380.54 million TEUs, representing 43% of...

Yang Ming posted Q2 2025 revenue of US$1.21 billion and net profit of US$153.09 million. First-half revenue reached US$2.4 billion, with profit totaling...

Port Canaveral has marked a major milestone by hosting the first-ever liquefied natural gas (LNG) bunkering for Royal Caribbean International's newest and largest cruise...

Despite a slight dip in overall tanker sale and purchase (S&P) volume this year, the market for older crude tankers, particularly VLCCs and Aframaxes,...