Seaspan Energy Completes First LNG Bunkering To Car Carrier At Port...

Seaspan Energy completed its first LNG ship-to-ship bunkering operation to a pure car and truck carrier (PCTC) at the Port of Long Beach. The...

Wall Street Futures Rise After Israel-Iran Ceasefire

U.S. stock index futures rose on Tuesday as President Donald Trump announced a ceasefire between Israel and Iran, calming investor nerves after the 12-day...

Safe Transport And Inspection Guidelines For Lithium-ion Cells

Lithium-ion cells are categorized as dangerous goods due to their flammable, reactive, toxic, and environmentally hazardous properties. Strict compliance with international safety codes, particularly...

WTI Crude Oil Price Drops After Israel-Iran Ceasefire Eases Supply Fears

Oil prices tumbled sharply on June 24, with WTI crude futures sinking to $66 per barrel, down nearly 3% on the day after falling...

HD Hyundai And Tampa Ship Sign Strategic Shipbuilding Pact

In a move to revitalize the U.S. shipbuilding industry and strengthen maritime security, HD Hyundai has entered into a strategic Memorandum of Understanding (MoU)...

MOL Joins Smart Port Challenge 2025 As Innovation Partner To Drive...

Mitsui O.S.K. Lines, Ltd. (MOL) announced that its Singapore Sub-Headquarters, MOL (Asia Oceania) Pte. Ltd. (MOLAO), will participate for the first time as an...

Lessons Learned: Inadequate Bridge Staffing and Poor Maneuvering Lead to Grounding...

This incident is based on findings from the National Transportation Safety Board (NTSB). It concerns the grounding of a bulk carrier while navigating outbound...

Commercial Shipping Navigates “Digital Fog” in Hormuz Amid Escalating US-Iran Conflict

As of June 24, 2025, the Strait of Hormuz has not been physically closed or rendered impassable by Iran. Commercial shipping traffic continues to...

Japan’s Government Leads Effort to Reclaim Global Shipbuilding Leadership

Japan's shipbuilding industry, once a global leader, is facing a significant contraction, as evidenced by the sharp decline in its output and the reduction...

Hormuz in the Crosshairs: New US-Iran Escalation Threatens World’s Critical Oil...

The Strait of Hormuz, that 30-mile-wide choke point between Iran and Oman, is unequivocally the world's most critical oil artery. With approximately 20 million...

Tanker Rates Surge Amid Mideast Tensions and New EU Sanctions

While the world's attention is understandably glued to the escalating conflict between Israel and Iran and its immediate impact on energy shipping via the...

Asian Refiners Brace for Potential Middle East Crude Supply Shocks

Asian refiners are indeed in a critical position, re-evaluating the adequacy of their emergency crude reserves in the face of rapidly escalating geopolitical tensions...

Beihai Shipbuilding and Shandong Marine Group Drive Green VLOC Development

On June 20, 2025, a landmark agreement was signed in Shandong Province, China, between Beihai Shipbuilding (a subsidiary of CSSC Qingdao Beihai Shipbuilding Heavy...

Middle East Tensions Stir LNG Market Despite Stable Qatar and UAE...

ICIS data confirms LNG production in Qatar and UAE remains within normal levels, despite Strait of Hormuz tensions and vessel signal disruptions. Over...

Dry Bulk Market Splinters on Weaker Earnings, Coal Dip & Shifting...

Dry bulk shipping faces a more subdued environment compared to mid-2024, with earnings and asset values sliding across most vessel segments. Key drivers...

SCA Partners with Gasum’s FuelEU Maritime Pool to Cut Shipping Emissions

Swedish forest company SCA has joined Gasum’s FuelEU Maritime pool to comply with EU maritime emissions regulations and reduce fossil fuel use in...

Canopée Proves Viability of Wind-Assisted Propulsion in Commercial Cargo Shipping

Canopée, the world’s first hybrid electric and thermal-powered industrial cargo ship, has achieved remarkable fuel savings using wind-assisted propulsion with OceanWings sails. Over...

South Korea Banks on Shipbuilding to Offset U.S. Tariff Pressure

As South Korea negotiates a suspended 25% U.S. tariff, its globally competitive shipbuilding sector is gaining strategic relevance in trade discussions. Once a...

DHT Holdings Announces $107M Deal for Modern Crude Carrier

DHT Holdings will acquire a 2018-built VLCC from Hyundai Heavy Industries for $107 million, with delivery expected in Q3 2025. The vessel, equipped...

Geopolitical Shifts and Regulatory Moves Challenge Ship Recycling Sector

Oil prices dipped slightly as markets reacted to Iran’s potential closure of the Gulf of Hormuz, raising supply concerns. The Indian sub-continent’s ship...