Singapore Maritime Research Conference 2024 Advancing Digitalisation
The inaugural Singapore Maritime Research Conference (SMRC) successfully concluded on March 27, gathering over 200 experts from academia, industry, and government to discuss maritime...
New BMP Maritime Security Publication Launched To Enhance Vessel Protection
The Industry Associations of BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO, and OCIMF, with the support of over 40 maritime stakeholders, have released an interactive Best...
Avikus Joins MIT Maritime Consortium to Drive Autonomous Navigation and Decarbonization
Avikus, a subsidiary of HD Hyundai, has joined the MIT Maritime Consortium to contribute to the development of autonomous navigation technologies and maritime...
DHT Holdings Sells Its Last Chinese-Built VLCCs Amid US Port Fee...
DHT Holdings has sold its last two Chinese-built VLCCs, marking the end of its fleet's association with Chinese shipyards.
This decision aligns with...
Mitsubishi Gas Chemical to Expand Methanol Fuel Supply with Coastal Vessel...
MGC and Kokuka Sangyo have partnered to charter a coastal methanol-transport vessel, supporting Japan’s decarbonization goals for maritime shipping by 2040.
The vessel,...
Loss Prevention Guidance on Preventing Bulk Shortage Claims
Bulk cargo shortage claims arise when the quantity stated in the Bill of Lading (B/L) differs from the quantity received at the destination.
...
Growth of the LNG Bunkering Market
LNG-capable vessels total 1,329, making up 6.56% of the global fleet.
LNG bunkering capacity has doubled, with 32 boats and 201 ports, plus...
IMO Issues Interim Guidelines for Ammonia-Fuelled Ships’ Safety
MSC Approves Safety Guidelines for Ammonia-Fueled Vessels.
BIMCO Contributes to the Development of Ammonia Safety Guidelines.
New Interim Guidelines Aim to Ensure Safe...
Environmental Groups Warn Against Biofuels in IMO’s Decarbonization Strategy
Biofuels Threaten Forests, Communities, and Climate Goals, Activists Warn.
Indigenous and Environmental Groups Call for Clean Shipping Alternatives.
Activists Demand IMO Focus on...
Methanol as a Marine Fuel: Risks, Hazards, and Liabilities
Methanol biodegrades faster than oil.
Economic losses include port closures and property damage.
Claims arise mainly from fire, explosion, and health risks.
The Standard...
Oceans Store 10 Billion Tons of CO₂ Annually
Biological Carbon Pump Locks Away Carbon for 50 Years.
New Research Reveals Oceans’ Crucial Role in Climate Regulation.
Scientists Call for Protection of...
Brazil Expands Visa-waiver Policy for Chinese Seafarers
Brazil has expanded its visa-waiver policy for Chinese seafarers, now including those serving on vessels registered in China's special administrative regions—Hong Kong and Macau—as...
USCG Inspection Finds Hazardous Cargo at Puerto Rico Terminal
In February 2025, the U.S. Coast Guard suspended Puerto Nuevo Terminals' (PNT) permit to handle hazardous cargo in San Juan, Puerto Rico, after discovering...
CIMC Achieves Record Profit in 2024
China International Marine Containers (CIMC) reported impressive financial growth in 2024, with a 35.58% increase in revenue, reaching RMB 128.97 billion. Net profit surged...
Yang Ming Orders 3 Methanol Dual-fuel Container Ships
Yang Ming Marine Transport Corporation announced the purchase of three 8,000 TEU methanol dual-fuel-ready containerships from Shoei Kisen Kaisha, Ltd.
These vessels, being...
Fincantieri Lines Up 2 Cruise Ships Construction Order
Fincantieri and TUI have signed a Memorandum of Agreement (MoA) for the design and construction of two new cruise ships for the Marella Cruises...
LNG & LPG Market Update: Rate Declines Across Key Routes
The LNG market experienced an overall decline, with most routes seeing a drop in rates.
The BLNG1 Gladstone–Tokyo route saw mixed movement, with...
VLCC Market Slips as Aframax and Suezmax Rates Rebound
MEG LR2 rates declined, with TC1 dropping to WS153.33, while LR1 rates strengthened, with TC5 rising to WS180.94. MEG MR rates fell, but...
BRS Shipbrokers on 2024 Shipbuilding Trends and Numbers
Shipbuilding orders rose dramatically from 128.4 million DWT in 2023 to 193.1 million DWT in 2024, with container carriers and tankers leading the...
WSC Urges USTR to Drop Port Fees, Boost U.S. Shipbuilding
The World Shipping Council (WSC) opposes the U.S. Trade Representative’s proposed port fees on Chinese-built vessels, warning they will increase costs, worsen inflation,...
