Aging Global Tanker Fleet Drives Concerns Over Utilization
The global tanker fleet is undergoing a significant aging process, a phenomenon driven by a confluence of factors that are deeply impacting its utilization...
Economic Headwinds and EVs Curb Oil Demand, Says IEA’s Latest Market...
The International Energy Agency's (IEA) Oil Market Report (OMR) is widely recognized as one of the most reliable and up-to-date sources of information, forecasts,...
Port of Antwerp-Bruges Unveils Volta 1, Europe’s First Fully Electric Tugboat
The Port of Antwerp-Bruges has announced the official launch of the Volta 1, which marks a significant milestone as Europe's first fully electric tugboat....
IMCA: ‘Line of Fire’ Still Leads Cause of Lost-Time Injuries
The International Marine Contractors Association (IMCA) released its annual Safety Statistics Report on May 20, 2025. The report highlights that "line of fire" incidents...
Panama Maritime Authority and ITF Deepen Collaboration to Safeguard Seafarers’ Rights
The AMP recovered $8.5 million in unpaid wages for seafarers in 2024—a 52.7% increase year‑on‑year.
271 inquiries and 312 labour complaints were addressed, resulting...
CMA CGM Takes Delivery of Methanol-Powered 13,000 TEU Container Ship
CMA CGM Argon, a 13,000 TEU vessel powered by methanol, was delivered by HD Hyundai Samho on May 15.
The new ship cuts SOₓ emissions by 99%,...
MAN’s Next-Generation Dual-Fuel GenSet: Cleaner Power with Future-Fuel Readiness
MAN Energy Solutions’ new dual-fuel GenSet engine delivers up to 16% higher output and significantly lower emissions compared to competitors.
Equipped with adaptive...
Practical Insights into How Crew Actions Affect Maritime Claims
Crew actions and documentation are central to defending against cargo-related and navigational claims.
Early detection and reporting of anomalies by vigilant crew members...
Gas Freight Trends Week 20 Mixed Outlook for LNG and LPG
LNG freight rates dipped this week, particularly in the Atlantic, despite recent term charter optimism.
LPG rates surged across all major routes, driven...
How the US-China Tariff Reduction is Raising Shipping Rates and Impacting...
A temporary US tariff cut on Chinese goods has caused a sharp rise in China-US shipping rates and cargo bookings.
Major freight carriers...
Global Tensions And Economic Shifts Weigh Heavily On Ship Recycling Markets
According to the latest report by GMS, a combination of geopolitical instability, economic swings, and operational disruptions is shaping a challenging and uncertain ship...
LNG-Fueled Container Ships Dominate Over Half Of Global Orderbook
The global container shipping industry is undergoing a dramatic shift as LNG-fueled container ships now make up over 56% of the total orderbook capacity,...
UAE Emergency Teams Rescue Three Sailors From Sinking Vessel
In a swift and coordinated operation, emergency teams in the United Arab Emirates successfully rescued three injured Asian sailors from a sinking vessel within...
DCSA Achieves First Interoperable Electronic Bill Of Lading Transaction
In a landmark development for international shipping, the Digital Container Shipping Association (DCSA) has successfully completed the first standards-based interoperable electronic Bill of Lading...
Drydocks World Co-Founds Global Green Shipyard Alliance To Drive Maritime Sustainability
In a significant move to fast-track the maritime industry's sustainability transition, Drydocks World has co-founded the Global Green Shipyard Alliance (GGSA).
This new international coalition...
India Expands Global Maritime Footprint Through Strategic Port Investments
India is taking decisive steps to enhance its global maritime presence by investing in and managing key ports and terminals across Asia and Africa....
Estonia Redirects Maritime Traffic After Russia Detains Oil Tanker
On 18 May, the Russian Federation detained an oil tanker as it was departing from the Estonian Port of Sillamäe, following a previously agreed...
Galveston Gets First LNG Bunkering Permit on U.S. Gulf Coast
The Galveston LNG Bunker Port (GLBP), a joint venture between Houston-based Pilot LNG and Seapath, a subsidiary of the Libra Group, has secured final...
UTokyo Launches Collaborative Research Initiative for Carbon-Neutral Society
The University of Tokyo (UTokyo) announced the establishment of a new social collaboration program titled "Materials for Future Energy Infrastructure Trust (MEIT)." This initiative,...
Long Beach Reports Record April Cargo Volume
The Port of Long Beach processed 867,493 twenty-foot equivalent units (TEUs) in April 2025, a 15.6% increase from April 2024, marking its strongest April...
