Final Resting Place of Historic Gilded Age Ship Discovered
Lost Gilded Age Freighter Western Reserve Found After 132 Years.
Historic Great Lakes Ship Western Reserve Found After a Century.
Tragic 1892 Shipwreck...
Fire Risks in Ports: TT Club Urges Enhanced Safety Measures
One-fifth of Port Equipment Losses are Linked to Fire
TT Club Calls for Urgent Action on Fire Safety in Ports.
New White Paper...
Pherousa Secures AiPs For Zero-Emission Shipping With Metacon Technology
Metacon, through its stake in Pherousa AS, has received two initial Approvals in Principle (AiP) from major maritime classification societies, ABS and DNV. These...
Shanghai Port Reports Cargo and Container Turnover Increases In Early 2025
According to a report from the port administration, the Port of Shanghai experienced a 1% year-on-year increase in cargo turnover during January and February...
Freight Rates Slide for 10th Week as Blank Sailings Lose Impact
48 blank sailings announced between weeks 12 and 16, out of 714 scheduled sailings (7% cancellation rate).
Transpacific Eastbound accounts for the highest...
China’s AI Race Heats Up: Manus AI Partners with Alibaba’s Qwen
Manus AI joins forces with Alibaba's Qwen team to enhance its AI agent capabilities.
Manus AI claims superiority over OpenAI's DeepResearch, sparking discussions...
VesselsValue: 2025 Ship Orders Reflect 2021 and 2022 Trends
Shipbuilding orders in early 2025 resemble trends from 2021 and 2022.
Containerships dominate new orders, surpassing bulk carriers and tankers.
66 containerships were...
CPC Expansion And Increased Volumes Drive Suezmax Rates To Year High
Suezmax freight rates for voyages from Novorossiisk's Caspian Pipeline Consortium (CPC) terminal to the Mediterranean have reached a year high. Several factors contributed to...
VLCC Recovery Contrasts With MR Employment Decline
Following a decline in the second half of 2024, global VLCC demand has recovered, with utilization rates exceeding 50% since the beginning of 2025,...
Drewry’s Intra-Asia Container Index Declines By 2%
Drewry's Intra-Asia Container Index (IACI) has fallen by 2% in the past two weeks, reaching $604 per 40ft container as of March 15, 2025,...
Addressing Manual Handling Risks In Maritime Operations
Manual handling tasks on commercial and fishing vessels present a high risk of injury, particularly in challenging weather conditions. These risks stem from activities...
Record Sea Ice Loss Prompts Call For “Polar Fuels” In Arctic...
In response to reports of record-low global sea ice cover in February from the EU's Copernicus Climate Change Service, the Clean Arctic Alliance is...
AET and Fleetzero Partner To Develop Longest-Range Hybrid Electric Vessel
AET Tanker Holdings and Fleetzero have partnered to create what they claim will be the "longest-range" plug-in hybrid electric vessel. The agreement was finalized...
Georgia Ports Authority Marks 80 Years of Trade and Economic Growth
GPA celebrates 80 years as a key player in global trade and Georgia’s economy.
Since 1945, GPA has grown into one of the...
GECF: LNG Adoption in Shipping to Accelerate
GECF’s latest Global Gas Outlook highlights key trends in LNG and hydrogen adoption.
LNG-fueled vessels are expected to grow 15% annually until 2030,...
Trade Tech Moves to Comply with UAE’s Security Filing Rule
Trade Tech, Inc. is actively preparing for compliance with the UAE’s Maritime Pre-Load Cargo Information (MPCI) Program, which takes effect on June 25,...
Asian Buyers Prefer Cape Route for Mediterranean Crudes
High shipping and insurance costs for the Cape of Good Hope route negate discounts on Mediterranean crude, limiting arbitrage trade for Asian refiners.
...
Panama Canal Transit Fees Drop 15% as Waterway Capacity Increases
Panama Canal transit fees have decreased by 15% compared to last year due to increased cargo movement capacity.
Improved water conditions have allowed...
Panama Canal Officials Discuss Key Infrastructure And Sustainability Initiatives
During a recent event, Panama Canal leaders—including Chairman José Ramón Icaza, Administrator Ricaurte Vásquez Morales, and Deputy Administrator Ilya Espino de Marotta—outlined major projects...
Liza Unity Becomes First FPSO To Receive ABS SUSTAIN-2 Notation
The ABS-classed Liza Unity has made history as the first floating production storage and offloading (FPSO) unit to receive the SUSTAIN-2 notation from the...
