Mexico Initiates National Action Plan to Support Maritime Decarbonization
Mexico has started developing its National Action Plan for maritime decarbonization with broad participation from government, ports, industry, and civil society.
The plan...
Maritime Unions Urge Policy Reforms as Merchant Fleets Shrink Across NATO...
The US Merchant Marine has gradually shrunk since the 1950s and 1960s due to competitiveness problems and lack of a clear national maritime...
ABS Consulting Expert Calls for Stronger Cybersecurity to Protect Maritime Operations...
Michael DeVolld and other experts emphasized the growing cyber threats to the maritime industry and the urgent need for strong cybersecurity measures.
New...
Wärtsilä Ammonia Engine Cuts GHG Emissions by Up to 90%
Wärtsilä has improved its 4-stroke ammonia engine, achieving up to a 90% reduction in greenhouse gas emissions compared to diesel engines.
The Wärtsilä...
DeepSeek Quietly Updates R1 AI Model Amid Anticipation for Next-Gen Tech
DeepSeek released a minor update to its R1 reasoning model (R1-0528), now available on its chatbot platforms and Hugging Face, though specific changes...
New Partnership Advances Liquid Hydrogen Carrier Technology
ABS and the Hydrogen Ship Technology Center at Pusan National University signed a memorandum of understanding for the joint research and technology development of...
Bulk Carrier Narrowly Avoids Collision With Seawall Near Port Huron
A bulk carrier navigating the St. Clair River had a close call on Tuesday afternoon when it nearly allided with a seawall near Port...
ONE Enhances Green Strategy With Ship Recycling Policy
Ocean Network Express (ONE) has taken a significant step toward environmental accountability by launching a Ship Recycling Policy and joining the Ship Recycling Transparency...
EU Unveils Strategic Plan For A Secure And Prosperous Black Sea...
In the face of growing geopolitical instability, the European Union has launched a new strategic approach aimed at fostering security, sustainable growth, and resilience...
Singapore, India, Thailand Report Covid Spike; WHO Urges Vigilance
Several Asian countries, including India, China, Singapore, and Thailand, are witnessing a renewed rise in Covid-19 cases, largely driven by new Omicron sub-variants. While...
Ningbo-Zhoushan Port Partners With European Hubs To Launch Green Shipping Corridors
As the world’s busiest port by cargo throughput, China’s Ningbo-Zhoushan Port has taken a decisive step toward international maritime decarbonization. On Tuesday, it announced...
Navigating Uncertainty: Potential Risks to the MPV Market
The Multipurpose Vessel (MPV) market, encompassing both breakbulk and project cargo carriers, has experienced a period of recovery following the challenges posed by the...
Drewry World Container Index Plummets to Post-Pandemic Low
Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week.
Detailed assessment for Thursday, 29 May 2025
Drewry’s WCI has increased 21%...
CMB.TECH and Golden Ocean Merger Moves Forward
CMB.TECH NV and Golden Ocean Group Limited have announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead...
Pacific Carriers Limited & SMF Strive to Build Maritime Talent Pool
Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MOU) to renew both organizations’ commitment to creating...
The Hollow Fleet: Why U.S. Ships No Longer Dominate the Seas
The U.S. shipbuilding industry now produces less than 1% of the world’s large commercial vessels.
America’s maritime reliance on foreign powers threatens both...
Smart Maritime Council Launches SVD 2.0 with Emissions Reporting
The Smart Maritime Council released Version 2.0 of its Standardised Vessel Dataset (SVD), now incorporating emissions reporting capabilities.
This update follows the March...
COSCO Introduces Yuan Hai Kou: New LNG Dual-Fuel Car Carrier Featuring...
COSCO has indeed introduced a new LNG dual-fuel car carrier named the Yuan Hai Kou, which notably features integrated solar panels. This vessel is...
New Report Warns of “Rebound Effect” Threatening Severe Disruptions in Global...
The surprisingly announced 90-day tariff pause in the trade war between the US and China could destabilize global maritime trade more than the tariff...
Cargo Ship Captain Receives Significant Penalty After Müden Lock Collision
The captain of an inland cargo ship that crashed into a lock gate on the Moselle River in December 2024, causing traffic paralysis for...