EU diplomats expect to finalize the 18th sanctions package against Russia during this week’s summit. Hungary and Slovakia demand concessions on Russian energy...

The new dock enhances capacity for large-scale ship repair and conversion projects. Marks a significant leap for Turkish shipbuilding competitiveness on the global...

Two nuclear-powered icebreakers escort the year’s first convoy through Russia’s Northern Sea Route (NSR). The convoy includes an Arc7-class LNG tanker and two...

Eco Engine dry bulk ships command 5–12% higher resale value, especially in younger age brackets. Statistical t-tests confirm that the premium is significant,...

COSCO SHIPPING delivers China's first 16,000 TEU methanol dual-fuel container ship, setting three major domestic industry milestones. The vessel integrates advanced methanol fuel...

The strategic sale of Hutchison Ports' overseas terminals to a powerful consortium comprising MSC/TIL and BlackRock/GIP is unfolding under complex geopolitical and regulatory pressures. Although...

On the occasion of the Day of the Seafarer 2025, the maritime industry is being called upon to reaffirm its commitment to the protection...

Recently container ship capacity on Far East–Europe routes hit 7.9 million TEU (Mteu) — an 11.7% year-on-year growth, bringing the sector to the brink...

Seacon Shipping Group Holdings has officially taken delivery of its newest oil/chemical tanker, Golden Banyan, in a formal ceremony held at Fujian Southeast Shipbuilding. Built...

Nippon Yusen Kabushiki Kaisha (NYK) has announced the full acquisition of Kadmos Holding GmbH, a rapidly expanding German fintech company that specializes in global,...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a contract worth 245.3 billion won (approx. US$178 million) to build two crude oil...

Every 25 June, the International Maritime Organization (IMO) and the global maritime community observe the Day of the Seafarer, shining a spotlight on the...

MIHO Shipyard Co., Ltd. (MIHO, part of Tsuneishi Group) has completed the transition to 100% renewable electricity derived from hydropower across all its facilities,...

The Wärtsilä Gas Solutions equipment is scheduled for delivery to the Chinese shipyard this year. The four 88,000 cubic metre (cbm) VLGCs are...

Wildfire smoke is driving people indoors, increasing the risk of airborne disease transmission. Indoor crowding during fire events may accelerate the spread of...

In the early hours of June 20, 2025, a large cement-carrying freighter ran aground near the mouth of the Cuyahoga River in Cleveland, causing...

First onboard fire inspection held in Japan on a moored NYK car carrier with fire department participation. Focus on next-gen vehicle risks, including...

Asian Exports Surge as Firms Race Tariff Deadline. Vietnam, Taiwan, Thailand Post Record US Shipments. Trump’s Tariff Threat Fuels Front-Loading of Asian Goods. The...

Spot Rates Cool, Market Eyes $20,000 Floor for Capesize. Freight Futures Signal Weakness Despite Recent Surge. Panamax Strength Offers Stability to Dry Bulk...

Oil Prices Drop as Iran Shows No Intent to Block Strait of Hormuz. China, Japan, South Korea Confident in Crude Supply Stability. Asian...