Hanwha Ocean Completes First U.S. Navy Vessel MRO in Korea
Hanwha Ocean successfully completed the first-ever MRO of a U.S. Navy vessel in Korea at its Geoje Shipyard.
USNS Wally Schirra underwent hull...
Singapore, India to Explore Green Digital Shipping Corridor Pact
Singapore and India are set to explore a Letter of Intent (LoI) for a Green Digital Shipping Corridor (GDSC).
The agreement aims to...
ESL and SSAB Strengthen Partnership for Sustainable Shipping
ESL Shipping and SSAB extend their long-term agreement for raw material sea transport in the Baltic Sea and North Sea.
ESL Shipping investing...
Drewry: Blank Sailings Rise as Freight Rates Continue to Slide
58 sailings cancelled across major East-West trade lanes between weeks 13 and 17, representing an 8% cancellation rate.
Transpacific Eastbound sees the highest...
Inspection Campaign Finds Issues with Crew Pay and Employment Contracts
Between September 1st and November 30th, 2024, the Tokyo MOU (Memorandum of Understanding on Port State Control in the Asia-Pacific Region), in collaboration with...
Collision in Gibraltar Anchorage Raises Questions on Departure Pilotage
A small collision between an LNG tanker and a bulk carrier in Gibraltar's western anchorage has raised renewed concerns about pilotage regulations for departing...
Study Examines Decarbonization Potential of Alternative Marine Fuels
A study commissioned by CMA CGM and conducted by IFPEN has examined the greenhouse gas (GHG) emissions of alternative marine fuels, specifically methanol and...
Dry Bulk Market Buoyant Due to Reduced Ballasters and C3 Congestion
The dry bulk freight market is currently buoyant due to a substantial reduction in ballaster vessels on the C3 route. This decrease is creating...
MABUX Reports Mixed Movements and LNG Price Increase
The MABUX Global bunker indices, at the end of the 12th week, displayed a lack of consistent direction, with fluctuations observed across different fuel...
Joint Maritime Traffic Center Planned for Stockholm’s Värtahamnen Port
The Swedish Maritime Administration and Ports of Stockholm are creating a joint maritime traffic center in Stockholm. This collaboration aims to improve the efficiency...
Solstad Offshore Secures New Contract With Subsea7 For Normand Subsea
Norwegian offshore vessel owner Solstad Offshore has signed a new contract with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea. The agreement...
Malta Signs Historic Shore Power Agreement With Carnival UK & P&O...
In a first for the Mediterranean cruise region, the Maltese Government has signed a power purchase agreement with Carnival UK & P&O Cruises. Under...
ABS And MTI Advance Maritime Autonomy With APExS-Auto Approval
ABS and Monohakobi Technology Institute (MTI) have successfully completed a major collaboration in developing fully autonomous vessels. The APExS-auto maritime autonomy framework, developed by...
Hapag-Lloyd Reports Strong 2024 Results Amid Market Challenges
Hapag-Lloyd has published its annual report for 2024, highlighting slightly higher operating results despite a challenging market. The Group EBITDA reached USD 5.0 billion...
Stena Line Partners With Norsepower To Boost Sustainable Shipping
Stena Line and Norsepower have signed an agreement to install two Norsepower Rotor Sails™ on the new methanol-hybrid RoRo vessel, Stena Connecta. This initiative...
Bunkering Fuel Sales Decline Due to Trade Uncertainty
Bunkering Fuel Demand Drops as Shipping Industry Faces Volatility.
Singapore and Fujairah Report 9% Decline in Marine Fuel Sales.
Geopolitical Tensions and Tariffs...
South Korean Shipbuilders Secure 5 Trillion Won in Contracts
Samsung Heavy Industries and Hanwha Ocean Win Major Shipbuilding Deals.
South Korean Shipbuilders Gain Edge as U.S. Restricts Chinese Industry.
Record Shipbuilding Orders...
Engine Failure Disrupts Ship Traffic in Bosphorus Strait
Ship Traffic Suspended in Bosphorus Strait Due to Engine Failure.
Vessel Breakdown Temporarily Halts Navigation in Bosphorus.
Maritime Authorities Respond to Vessel Malfunction...
MPA Urges Caution for Vessels During North-East Monsoon Surge
Seafarers Must Prepare for Heavy Rain and Strong Winds at Sea.
MPA Calls for Enhanced Safety Measures During Monsoon Surge.
Weather Advisory Issued...
PPG and COSCO Shipping Energy Collaboration on Eco-Friendly Hull Coatings
COSCO’s First Drydocking with PPG’s Electrostatic Hull Coating Technology.
PPG Sigmaglide 2390 Coating Helps COSCO Reduce Emissions and Fuel Consumption.
Innovative Electrostatic Coating...