Despite Recent Dip, Drewry’s IACI Remains 11% Higher Year-on-Year
Drewry’s Intra-Asia Container Index (IACI), which represents a weighted average of spot container freight rates across the region, experienced a 7% decrease in the...
Dry Bulk Ship Recycling Plummets to 17-Year Low Despite Weaker Freight...
In BIMCO's "Shipping Number of the Week" analysis for this week (ending May 16, 2025), Filipe Gouveia, BIMCO's Shipping Analysis Manager, examines the trend...
Australian Team Locates 19th-Century Dutch Shipwreck Hidden for Over a Century
A team of Australian maritime archaeologists has located the remains of the Dutch frigate Koning Willem de Tweede. The ship sank off the South...
Panama Canal Shares Financial Success and Long-Term Plans at MAPA Conference
The Panama Canal plans to invest over B/.8.5 billion in the next five years to ensure long-term sustainability.
The Canal’s recent milestones include...
How the World’s Shipping Sector is Setting Sail for Net Zero
The IMO Net-Zero Framework is reflecting the power of international cooperation and multilateralism in addressing global climate challenges.
The framework establishes goals to...
Panama Reports 12% Rise in Seafarer Employment in Early 2025
The Panama Maritime Authority (PMA) recorded a 12% rise in employment contracts for Panamanian seafarers in early 2025.
Strong partnerships with global shipping...
Port of Stockholm Launches Second OPS Facility to Cut Cruise Ship...
Ports of Stockholm has inaugurated Sweden’s second OPS facility for international cruise ships.
The port provides discounts on fees for environmentally high-performing ships...
Damen and Alfa Laval Collaborate to Increase Industry-Wide Decarbonisation Efforts
Damen Shiprepair and Alfa Laval Benelux have formed a strategic partnership to increase energy efficiency by focusing on integrating decarbonisation solutions into regular...
RINA and Atal Solutions Collaborate on $123.7M Retrofit Project
RINA is collaborating with Atal Solutions and key partners on an innovative retrofitting project aimed at making shipping more sustainable through advanced technologies.
...
Women In Maritime Day 2025 Navigating An Ocean Of Opportunities
Celebrated annually on 18 May, the IMO International Day for Women in Maritime aims to honor the achievements of women in the maritime sector...
IRS Hosts Seminar To Drive India’s Leadership In Sustainable Ship Recycling
Ahead of the enforcement of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) in June, the Indian...
St1 And Port Of Gothenburg Mark Milestone With First Biomethane Bunkering
In a landmark development for sustainable shipping, St1 and St1 Biokraft have successfully completed their first delivery of Swedish-produced liquefied biomethane to the maritime...
ABS Unveils Critical Safety Insights On Ammonia As Marine Fuel
As ammonia gains traction as a cleaner alternative fuel in the maritime industry, concerns around its toxicity and handling safety have come to the...
SAIC Launches World’s Largest Ocean-Going RoRo Vessel To Boost Auto Exports
Recently, in Shanghai, SAIC Group’s logistics arm, Anji Logistics, launched the world’s largest ocean-going roll-on/roll-off (RoRo) vessel, named Anji Ansheng. With a massive capacity...
New Offshore Support Vessel For DOF To Be Built In Poland...
A new offshore support vessel (OSV) designed to operate in the challenging waters off Newfoundland and Labrador, Canada, will soon be under construction in...
ATSB Issues Recommendations Following Near Stranding of Bulker
The Australian Transport Safety Bureau (ATSB) has issued formal recommendations to three government agencies and a salvage operator with the release of its final...
Hapag-Lloyd Reports Strong Q1 2025 Amid Volatile Market Conditions
Group profit significantly up in Q1 2025 compared to Q1 2024
Outlook for 2025 unchanged: lower earnings expected in difficult market environment
Continued...
U.S. Poised to Tighten Grip on Russian Oil if Peace Talks...
U.S. may expand sanctions on Russia’s oil sector if peace talks fail, including targeting buyers and transporters.
Removing the $60 price cap and...
Lessons Learned: Enclosed Space Rescue Turns into Triple Casualty
Transport Malta reports an incident involving enclosed space entry, leading to the loss of consciousness of three crew members aboard a motor tanker.
The Incident
On...
Anemoi, Hafnia, GSI, DNV Collaborate on Rotor Sails for MR tankers
Anemoi Marine Technologies Ltd has announced that it is collaborating with Hafnia Limited, Guangzhou Shipyard International (GSI), and DNV to develop the integration...
