Austal Secures $100 Million Loan to Expand U.S. Naval Shipbuilding Capacity
Austal Limited secured a US$100 million loan from Export Finance Australia to boost its shipbuilding operations in Mobile, Alabama.
The funding supports construction...
Global Shipowners Push for Decisive Climate Action at Upcoming IMO Meeting
Major shipowner associations representing about 25% of global tonnage have urged IMO members to adopt the Net-Zero Framework at next week’s meeting.
The...
Russia’s Blacklisted Tankers Keep Dumping Oil in Europe’s Seas
The issue of oil pollution from Russian-linked vessels, referred to as the "shadow fleet," continues to pose an environmental risk near European shores despite...
Capesize Rates Climb on Pacific Routes as Tonnage Thins
The dry bulk market has exhibited varied trends across the major vessel segments, with Asian holidays impacting the start of the week but a...
VLCC Returns Remain High Despite Rate Softness in Global Tanker Market
A detailed analysis of the crude oil tanker market reveals varying conditions and price dynamics across the major vessel classes and global trading regions.
VLCC...
Weekly Seaborne Oil Market Report – Q4 2025 Outlook
A new analysis from Allied Quantumsea Research, based on AXS data, examines the shifting landscape of the seaborne oil trade as it enters the...
GCMD and IAPH Form Coalition to Accelerate Maritime Decarbonisation
The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Ports and Harbours (IAPH) have formalized a two-year Coalition partnership aimed at...
The Deadly Risk of Asphyxiation in Maritime Enclosed Spaces
A tragic number of fatalities have occurred in the maritime industry due to asphyxiation in enclosed spaces. The following points summarize the scope of...
Indian Register Of Shipping Partners With Dassault Systèmes To Advance Digital...
In a major step towards digital innovation, the Indian Register of Shipping (IRS), a leading international ship classification society, has announced a strategic collaboration...
VIKAND Calls For Stronger Regulations To Drive Real Change In Seafarer...
As World Mental Health Day (October 10) approaches, maritime healthcare leader VIKAND is urging the global shipping industry to move beyond awareness campaigns and...
Great Lakes Iron Ore Shipments Drop 14% In September 2025, Falling...
Iron ore shipments from U.S. Great Lakes ports witnessed a notable decline in September 2025, totaling 4.7 million tons, marking a 14.2% decrease from...
Hartmann Moves 18 LPG Carriers to Portugal’s Madeira After German Tax...
Germany’s Hartmann Group has reflagged 18 of its liquefied petroleum gas (LPG) carriers to Portugal’s Madeira registry, following recent tax changes in Germany. The...
X-Press Feeders Expands Fleet Faster Than Unifeeder, Strengthening Market Lead
Singapore-based X-Press Feeders has widened its lead over Unifeeder in operated fleet capacity, marking a notable shift in the global feeder shipping landscape. According...
BIMCO: USTR’s New Fees On Chinese-Linked Vessels Unlikely To Impact Freight...
When the Office of the United States Trade Representative (USTR) enforces new port fees on 14 October targeting Chinese dominance in the maritime sector,...
EU Plans to Sanction Providers of False Flags to Russia’s Shadow...
False flags and the companies supplying them are reported to be the latest target in the efforts to rein in the shadow fleet of...
EMSA: Annual Overview of Marine Casualties and Incidents 2025
EMSA has published its Annual Overview of Marine Casualties and Incidents 2025, which presents statistics of marine casualties and incidents that cover the period...
Containers Quarterly: Asia–Europe Freight Rates Sink to Multiyear Lows
Spot rates collapse across Q3 to multiyear lows
PCR1 drops nearly $2,000/FEU in three months to $1,300
PCR3 falls $2,200/FEU to $1,600 as...
Technical Failures Trigger PSC Penalties in Shanghai Waters
Following a recent increase in such incidents on this busy and complex waterway, the Shanghai Maritime Safety Administration (MSA) is highlighting preventive safety measures...
BIMCO Highlights Safety Challenges of Distractions at Sea
The 11th BIMCO Tanker Safety Network meeting discussed the growing safety challenge of distraction at sea, with a focus on new guidelines and shared...
Rotterdam Port Faces Standstill as Lashers Demand Fair Pay
Dockworkers at International Lashing Service (ILS) and Matrans Marine Services in the Port of Rotterdam will go on strike for 48 hours, starting Wednesday,...
