Elkem, NCL & MPCC Launch Low-Emissions Vessel for Silicon Chain
MPC Container Ships, in partnership with North Sea Container Line AS (NCL) and Elkem ASA, celebrated the christening of NCL VESTLAND in Haugesund,...
Alfa Laval Acquires NRG Marine for Ultrasonic Anti-Fouling Tech
Alfa Laval has completed the acquisition of UK-based NRG Marine, which supplies ultrasonic anti-fouling technology for marine, oil and gas, and industrial applications, reads...
Shanghai International Port Group Sees 13% Profit Growth in 2024
Shanghai International Port Group (SIPG) showed a revenue of RMB38.12 billion for 2024, marking a 1.5% increase year-on-year, and a net profit of RMB14.95...
Marshall Islands Sets Record for QUALSHIP 21 Recognition
21 Years in QUALSHIP 21 – The RMI Registry is the only top-three registry to achieve this for 21 consecutive years.
Focus on...
ReCAAP Reports Increase in Armed Robberies Against Ships in Asia, SOMS...
According to the ReCAAP Information Sharing Centre (ISC), the following armed robbery incidents against ships were reported in Asia during the week of March...
European Ports Lead in Alternative Fuel Bunkering to Achieve Net-Zero Shipping...
European ports are committed to supporting the shipping industry's goal of achieving net-zero emissions by 2050. They recognize that while initial compliance with EU...
Capesize Rates Stable at High Levels, Dry Bulk Market Faces Trade...
The Capesize spot rates have stabilized around $20,000, maintaining a historically high level for this time of year, reports Breakwave Advisors.
Strong Rally
Panamax spot rates...
Korean Ship Owners Criticized for Beaching End-of-Life Vessels in South Asia
South Korean shipping companies are being criticized for continuing to send end-of-life vessels to be dismantled on the beaches of South Asia. This practice...
GLBP And Dunmura Sign LNG Supply Agreement To Boost Marine Fuel...
Galveston LNG Bunker Port LLC (GLBP) and Dunmura Ltd have signed a Sales and Purchase Agreement (SPA) for the supply of liquefied natural gas...
ABS And SIT Forge Partnership To Advance Maritime Innovation
The American Bureau of Shipping (ABS) and the Singapore Institute of Technology (SIT) have signed a Memorandum of Understanding (MOU) to drive advancements in...
Japan’s Maritime Industry Revolution OCEANS Laboratory
This initiative marks a significant step toward transforming Japan’s maritime industry through cutting-edge research, industry-academia collaboration, and advanced technology integration. Here are some key...
EU Operator Notification Requirement For Excepted Cargoes Under The 16th Sanctions...
This notification requirement under Article 5ae(5) of Council Regulation (EU) 833/2014 is particularly relevant for EU operators involved in excepted cargo transactions under the...
Avenir Ascension Becomes World’s First Bio-LNG Bunker Vessel
Starting April 1, 2025, Avenir LNG's 7,500 cubic meter (cbm) bunker vessel, Avenir Ascension, will operate entirely on bio-LNG until the end of the...
Weather Disrupts February Cargo at Port Houston, Recovery Underway in March
Severe fog halted vessel navigation for 14 days, cutting channel availability by 29%.
Containerized cargo dropped 13%, with imports down 14% and exports...
MBF and ZESTAs Partner to Drive Zero-Emission Shipping Forward
MBF and ZESTAs signed an MOU to promote zero-emission shipping, board Hydromover, Singapore’s first electric cargo vessel.
The partnership focuses on battery-powered solutions,...
Wärtsilä Extends Support for Viking Line’s Newest Ferry
Wärtsilä extended its five-year Lifecycle Agreement with Viking Line for M/S Viking Glory, covering dual-fuel engines, LNG systems, and predictive maintenance.
The agreement...
ME-GI Engine Nears 1,000 Orders
MAN’s ME-GI dual-fuel engine nears 1,000 orders, leading in container shipping and tankers.
MSC operates 125+ ME-GI engines, driving dual-fuel fleet expansion.
High...
OECD Calls for Stronger Cooperation to Sustain Ocean Economy
The ocean economy doubled from USD 1.3 trillion in 1995 to USD 2.6 trillion in 2020, but without policy action, climate change and...
Two Vessels Collide Near Ningbo; 1 Dead, 3 Injured
A collision between two vessels near Yangmao Island, Ningbo, in the early hours of 30 March resulted in the sinking of a bulk carrier,...
Norwegian Cruise Line Unveils World’s First Hybrid Slidecoaster
Norwegian Cruise Line’s Aqua Slidecoaster combines a roller coaster and water slide, featuring a magnetic lift and speeds up to 31 mph, launching...