Russia, Ukraine Agree to Sea, Energy Truce; Washington Seeks Easing of...
Russia and Ukraine Agree to Maritime and Energy Ceasefire, But Disagreements Remain.
Ukraine and Russia Strike Truce with U.S. Mediation, Kremlin Demands Sanctions...
[Watch] IMO Promotes Green Shipping with New Sustainability Video
The International Maritime Organization (IMO) has released a new video titled "Getting on Board the Green Shipping Revolution," highlighting the innovative technologies and approaches...
ABB & CMA CGM Develop Parametric Roll Algorithm to Enhance Ship...
ABB and CMA CGM Group are collaborating on a new parametric roll algorithm to improve ship safety.
The solution integrates a theoretical framework...
Diana Shipping Bags Time Charter Deal for m/v Leto with Cargill
Diana Shipping Inc., a global shipping company focused on the ownership and bareboat charter-in of dry bulk vessels, has entered into a time charter...
MPCC Sells 5 Container Ships for Fleet Optimization
MPCC sells five container vessels as part of its fleet optimization strategy, reducing its revenue backlog by $40 million.
A total of seven...
Sea-Intelligence: New Carrier Alliances Debut with Record Schedule Reliability
In February 2025, the container shipping industry witnessed the launch of two new alliances: the Gemini Cooperation and the Premier Alliance. These alliances debuted...
Fincantieri Reports €27M Profit, €15.4B Orders, and 28% EBITDA Growth
Fincantieri reported a net profit of €27 million, marking a significant turnaround.
The company secured €15.4 billion in new orders, showcasing strong market...
Proposed US Fees on Chinese-Built Ships Draw Widespread Criticism
U.S. government proposals to impose significant fines on Chinese-built containerships calling at U.S. ports are drawing strong criticism from various business sectors, reports CNBC.
Port...
Hijacked Yemeni Dhow Released Off Somali Coast, Crew Safe
A Yemeni-flagged dhow which was hijacked on March 16th off Durdura, near Eyl in Puntland, Somalia, has been released, reports Safety4sea.
Increasing Incidents
On March 20th,...
VLCC Rates Rise Amidst Increased Demand and Potential OPEC+ Market Shift
The VLCC (Very Large Crude Carrier) market in the Arabian Gulf experienced a surge in positive activity due to increased chartering for early April...
UP World LNG Shipping Index Sees Positive Growth Amidst Rising Demand...
The UP World LNG Shipping Index (UPI) showed a positive performance, increasing by 1.44%, reports LNG Shipping Stocks.
Increased Demand Expected
Gas buyers are beginning to...
The Drake Shake: Facing the World’s Most Dreaded Ocean Passage
The Drake Passage is a body of water located between the southern tip of South America and the West Antarctic Peninsula. It's known for...
APM Terminals Secures Long-Term Lease Extension with Port Authority of NY/NJ
The Port Authority of New York and New Jersey has secured a significant 33-year lease extension with APM Terminals, the operator of the port's...
Diana Shipping Invests in 7,500 cbm LPG Newbuilds
Diana Shipping Inc. acquires an 80% stake in Ecogas Holding AS for the construction of two 7,500 cbm LPG vessels, with an option...
Wärtsilä 25DF Engine with NextDF to Cut Methane Emissions on Ibaizabal...
Wärtsilä will supply three 25DF dual-fuel engines with NextDF technology for Ibaizabal’s 18,600 m³ LNG bunkering vessel, cutting methane emissions to 1.1%.
Built...
ABS CEO Says IMO’s Next Moves Will Shape Shipping Decarbonization
ABS CEO Christopher J. Wiernicki urges the IMO to take decisive action to meet 2050 decarbonization targets.
Highlights the cost gap between fossil...
Singapore Sets Standard for e-HC Charging
Singapore introduced TR 136 to standardize charging and battery swap systems for electric harbour craft (e-HC).
The framework ensures safety, interoperability, and alignment...
Chinese Dry Bulk Ships Face Up to $3.5M Fee Per US...
Proposed US policies could impose up to $3.5 million per port call on vessels built in or operated by Chinese entities.
In 2024,...
HMM Takes Delivery Of First Methanol-Powered Containership, ‘HMM GREEN’
HMM has received ‘HMM GREEN’, its first 9,000 TEU methanol-powered containership, marking a significant step in its fleet expansion and decarbonization strategy.
Key Highlights
Fleet...
ORLEN Strengthens Poland’s Energy Security With LNG Expansion
ORLEN Group continues to reinforce Poland’s energy independence through its diversification strategy, leveraging its own LNG fleet and expanding long-term contracts with U.S. suppliers.
Key...