Houthi Attacks In Red Sea Cause Massive Drop In Suez Canal...

Due to regional instability in the Red Sea, Egypt's Suez Canal revenues plummeted by over 60% in 2024, resulting in a significant economic loss...

First VLCC Scrapped In Over Two Years: A Potential Sign Of...

A Cameroon-flagged tanker known to have transported Iranian oil has recently been registered for demolition. This marks the first time a supertanker has been...

Russian Cargo Ship Sinks In Mediterranean Sea, Two Crew Members Missing

A Russian cargo ship sank in the Mediterranean Sea after an explosion in the engine room. 14 crew members were rescued, but two are...

Shipping Firms Penalized For Violating US Pollution Laws

Two shipping companies were fined a combined $4.5 million for breaching US pollution laws, following incidents involving falsified records and obstruction of investigations. The...

From Starship To Lost Cities: Key Scientific Breakthroughs Of 2024

2024 saw several exciting scientific breakthroughs. One of the most notable was the significant progress made by SpaceX with their Starship rocket. This powerful...

Asia Leads Global Shipbuilding Resurgence Amidst Evolving Industry Dynamics

Asia has long been a dominant force in shipbuilding, driven by factors like its strategic location, access to skilled labor, and capital availability. This...

Updated DP Certificate Revalidation Requirements

To ensure DP operators (DPOs) and DP Vessel Maintainers (DPVMs) maintain high standards in the dynamic positioning (DP) industry, the revalidation process for DP...

NeGD And IPA Partner To Drive Digital Transformation In India’s Maritime...

The National e-Governance Division (NeGD) and the Indian Ports Association (IPA) signed a significant Memorandum of Understanding (MoU) in New Delhi. The MoU was...

EUKOR Renews Contract with Hyundai Motor Group and Kia Motor Group

EUKOR Car Carriers, part of Wallenius Wilhelmsen, has renewed its contract with Hyundai Motor Car and Kia Motor Car, increasing the duration and...

Strategies For Addressing Harassment On Ships

Addressing sexual harassment, in the maritime industry requires a multi-faceted approach that emphasizes training, reporting mechanisms, support networks, and policy enforcement. Below are some...

UK Implements Prohibition on Heavy Fuel Oil in Arctic Waters

UK Maritime Guidance Note (MGN) 704: Published by the UK Maritime and Coastguard Agency, the note highlights amendments to MARPOL Annex I, introducing...

Sebastian von Hardenberg Named CEO of BSM

Sebastian von Hardenberg will assume the role of CEO of Bernhard Schulte Shipmanagement (BSM) effective January 1, 2025. Ian Beveridge will continue as...

AD Ports Group Finalizes Noatum Integration

AD Ports Group completed its largest corporate restructuring, integrating the assets of Spain-based Noatum Group into its operations. The restructuring consolidates Noatum’s global...

China Delivers Independently-Developed Deep-Sea Scientific Research, Archaeological Vessel

A Chinese shipbuilding firm on Thursday delivered the country's first comprehensive scientific research ship designed for global deep-sea exploration, including summer operations in the...

Shipping Firms Expect Profits Despite Declining Freight Rates and Rising Dollar...

The shipping industry is expected to report solid profits despite deteriorating market conditions due to the rise in the won-dollar exchange rate. While many...

IMO’s Update on SOLAS II-2/9 with IACS Fire Safety Guidance

The International Maritime Organization has issued a document submitted by the International Association of Classification Societies (IACS) titled "Review and Update of SOLAS Regulation...

India’s Top maritime figures Visit South Korea’s Big Three Shipyards

A high-level Indian delegation visited HD Hyundai Heavy Industries (HD HHI)’ shipyard in Ulsan, South Korea, on Dec. 3, marking a significant step in...

PSA Singapore Hits 40m TEU Mark

PSA Singapore (PSA) has reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous...

Egypt Finishes Trial Run of New Suez Canal Extension

Egypt tested a new 10 km channel near the southern end of the Suez Canal. During the trial, two ships successfully passed through...

Lessons Learned: Sudden Opening of Hydraulic Release Shackle Pin

During lifting operations on a vessel, a hydraulic release shackle pin opened on its own, reports IMCA. What happened? The incident occurred when the main crane...