Understanding Extended Dry-Docking Under MGN 672 (M): Guidance for UK Vessels
MCA has formalized the Extended Dry-Docking (EDD) scheme, allowing qualifying vessels to dry-dock once in 7.5 years instead of twice in 5 years.
...
Lessons Learned: Cargo Damage from Condensation During Fumigation Voyage
This incident summary, based on a report from the Swedish Club, describes cargo damage caused by condensation during a voyage from Mexico to Southern...
US Sanctions Nine Tankers Over Iranian Oil Shipments Through Iraq
The United States has imposed sanctions on nine tankers allegedly involved in disguising Iranian oil exports as Iraqi crude. According to S&P Global Commodities...
[Podcast] The Top 100 Container Ports: 2024’s Winners and Losers
Each year, Lloyd’s List publishes its influential Top 100 Container Ports ranking. The 2024 edition highlights how ports worldwide performed during a year marked...
Singapore And India Partner On Green And Digital Shipping Corridor
Singapore and India have signed a Memorandum of Understanding (MoU) to establish the Singapore-India Green and Digital Shipping Corridor (GDSC).
The agreement, witnessed by the...
UK’s Project FASTMOVE To Assess Ammonia As A Future Maritime Fuel
Ammonia’s potential as a zero-carbon marine fuel is set to be explored under Project FASTMOVE, a feasibility study led by Ricardo in partnership with...
CONTSHIPS Raises $75M Via Tap Issue To Strengthen Expansion Plans
CONTSHIPS Logistics, the world’s largest owner of feeder containerships in the 900–2,000 teu segment, has successfully raised $75 million through a tap issue of...
Second-Hand Container Ship Prices Rise Despite Weak Freight Market
In a surprising market development, the average price of five-year-old container ships has climbed 17% year-on-year, even as freight rates continue to fall sharply....
Federal Maritime Commission Investigating Flags of Convenience
The U.S. Federal Maritime Commission (FMC) has launched a non-adjudicatory investigation into the use of “flags of convenience” and other flag-state practices. The Commission...
Bab el Mandeb Transits Hit Highest Level Since Red Sea Exodus
Transits hit their highest level since January 2024.
Bulk carriers and LPG tankers showed the biggest increases month on month.
Evidence that certain...
$1M Luxury Yacht Sinks Minutes After Launch in Turkey
A luxury yacht valued at approximately $1 million met a dramatic fate just 15 minutes after its maiden voyage off the coast of Zonguldak...
MMMCZCS: What We Know So Far About the IMO Net-Zero Framework
Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) looks at what is known about the International Maritime Organization Net-Zero Framework (IMO NZF) and...
Red Sea Incidents Renew Focus on Duty of Care for Crews
Recent attacks in the Red Sea have prompted renewed calls for stronger leadership and greater care for the mental wellbeing of seafarers, reports AJOT.
Following...
NatPower Marine, Wah Kwong Launch JV for Asian Port Electrification
NatPower Marine and Hong Kong-based shipowner Wah Kwong Maritime Transport have set up a joint venture to roll out large-scale shore power and vessel...
HD Korea Shipbuilding Wins $242m Oil Tanker Order
Two vessels to be built at HD Hyundai Samho by 2027.
Orders in 2025 reach 84 ships worth $11.45b.
Company achieves 63% of...
LR Adds Wind Propulsion and Ergonomic Design Notations to Ship Rules
Wind-assisted propulsion standards formalised with WAPS and WAPS*.
EASE notation launched for ergonomic and human-centric design.
Updates to RIGGING notations for wind-powered vessels.
Lloyd’s...
Drewry Index Steadies as Transpacific Rates Rise and Asia–Europe Falls
Transpacific rates rise on carrier GRIs.
Asia–Europe rates fall on vessel oversupply.
Drewry expects further Asia–Europe declines.
Drewry’s World Container Index (WCI) found its...
US Threatens Tariffs to Block IMO Marine Emissions Deal
Washington threatens tariffs, visas, and port levies.
State Department pushes allies to reject framework.
The Netherlands receives a US warning on support.
The United...
HD Hyundai Commits ₩3.5 Trillion to Safety Enhancements by 2030
HD Hyundai will invest ₩3.5 trillion in safety upgrades across its shipbuilding operations by 2030.
The initiative includes expanded inspections, stricter safety rules,...
Russia Crude Exports Edge Up as India Slows and China Rises
China imports rise as India shipments fall.
US tariffs pressure India, but oil trade continues.
India balances economic costs with political strategy.
Russia's seaborne...