China Issues Ultimatum Over Panama Canal Port Sale

China has threatened to block a $22.8 billion global ports deal unless its shipping giant Cosco is given a stake. The deal must...

NY-NJ and Tokyo Celebrate 45 Years of Port Partnership

The Port of New York and New Jersey recently hosted a delegation from the Port of Tokyo to celebrate the 45th anniversary of their...

Fincantieri Hosts U.S. Shipbuilding Renaissance Event in D.C.

Fincantieri Reaffirms Long-Term Commitment to U.S. Maritime Industry. New FMG Leadership Highlights Midwest Shipyard Network. Experts Call for Rebuilding a Sovereign U.S. Shipbuilding...

Shipping Industry Faces ‘Decarbonization Déjà Vu’ from Overlapping Rules

IMO and EU Climate Policies Risk Costly Duplication for Shipowners. EmissionLink Warns of Conflicting Demands in Decarbonization Push. Double Reporting Could Burden Operators...

Hong Kong Issues Revised GMDSS Radio Installation Guidelines

IMO Approves New GMDSS Standards via COMSAR.1/Circ.32/Rev.3. Single MF/HF Radio Installation Now Acceptable Under Revised Rules. New Placement Rules Aim to Prevent Interference...

MAIB Receives 1,515 Marine Incident Reports in 2024

Legacy Backlog Shrinks as MAIB Streamlines Investigations. Report Output Doubles; Investigation Time Improving. 85% of Safety Recommendations Accepted in 2024. The UK Marine Accident...

Trump Proposes 30% Tariff on EU Imports Starting August

Canadian Gasoline Supplies Dominate US Atlantic Coast Amid Tariff Talks European Fuel Imports to the USAC May Face Tariff Pressure US West Coast...

Global Bunker Prices Fall and Scrubber Spread Narrows in Volatile Market

Global bunker fuel indices showed a moderate decline in Week 29, while price spreads and market differentials indicated continued market volatility and an...

Lessons Learned: Shallow Waters and Tug Constraints Complicate Vessel Berthing

This incident, reported by The Nautical Institute, involved a cargo vessel making a berthing approach in a challenging location. The event highlights the operational...

Vigor–Saronic Partnership Targets Scalable Development of Maritime Autonomous Capabilities

Vigor and Saronic have partnered to accelerate the development and delivery of Autonomous Surface Vessels (ASVs) for defense and commercial use. The collaboration...

EU’s Sustainable Transport Investment Plan Must Support Shipping’s Net-Zero Transition

The Clean Maritime Fuels Platform supports the IMO’s Net-Zero Framework and urges the EU to align its climate policies accordingly. It calls for...

Shipping’s New Net Zero Framework and the Road Ahead

The International Maritime Organization (IMO) has agreed on a Net Zero Framework anchored by a Global Fuel Standard (GFS), aiming to significantly reduce...

Wuhu Shipyard Begins Building 38,000 dwt Tanker for Stolt Tankers

Wuhu Shipyard has begun construction on the first of six 38,000 dwt stainless steel tankers for Stolt Tankers. The vessels, designed for fuel...

2024–2025 Bulk Carrier Report Reviews Fleet and Regulatory Progress

The bulk carrier fleet continues to grow, with steady vessel performance despite volatility in the Baltic Dry Index. INTERCARGO-entered ships consistently outperform industry...

Q3 2025 Shipping Outlook Shows Industry Strains from Geopolitical and Economic...

The Q3 2025 Shipping Market Outlook reflects the impact of geopolitical flashpoints, energy sanctions, and economic uncertainty—especially surrounding China—on all major shipping sectors. ...

Seatrium Secures $400M Sustainability-Linked Loan from UOB

Seatrium Financial Services, a subsidiary of Seatrium Limited, has secured a US$400 million Sustainability-Linked Revolving Credit Facility from UOB. The facility aligns with...

Chinese Shipyards Face Headwinds: Market Share Plummets to 52% as US...

In this week's "Shipping Number of the Week," BIMCO's Shipping Analysis Manager Filipe Gouveia delves into the evolving landscape of Chinese shipyards' market share...

Decoding Global Oil Dynamics Amidst Geopolitical Tensions

Understanding the dynamics of proven oil reserves, production capacities, and market influences is crucial for comprehending the global energy landscape. While vast reserves signify...

Iran Intensifies Crackdown on Fuel Smuggling, Seizes Foreign Tanker in Gulf...

Iran's judiciary has announced that authorities have seized a foreign vessel in the Gulf of Oman on suspicion of smuggling 2 million liters of...

MACN’s Annual Report Targets Maritime Corruption, Advocating for Fairer Anti-Bribery Standards

The Maritime Anti-Corruption Network (MACN) has released its Annual Report for 2024, highlighting persistent corruption risks within the global maritime industry, with a particular...