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

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...

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

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

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

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

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

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 &...

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’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...

Reports indicate that new fuel oil leaks have been detected in the Kerch Strait from the Russian tankers that sank in December 2024. Ukraine's...

On Friday, April 4th, Malaysia's Department of Environment (DOE) announced the cause of the recent oil spill at the Tanjung Langsat Port Terminal in...

BYD (Build Your Dreams), the prominent Chinese manufacturer of new energy vehicles (NEVs), has increased its fleet of car carrier vessels to a total...

On Wednesday, April 2nd, the widely discussed "Liberation Day" occurred, with US President Donald Trump enacting a 10% tariff on all imports from all...

A consortium of IMM Private Equity Inc. and IMM Investment Corp. has now secured full ownership of Hyundai LNG Shipping, South Korea's leading operator...

On April 3rd, Hutchison Ports BEST, located at the Catalan terminal, welcomed the ONE Frontier. This vessel marks the first ship from the Premier...