Explosion forces crew to abandon Hong Kong container ship in Red...
A Hong Kong-flagged container ship caught fire after an explosion in the Red Sea, forcing the crew to abandon it.
The vessel was...
US$100 Billion Losses: Climate Risks to Inland Waterways
The previous year marked the hottest on record globally, with natural catastrophe losses surpassing US$100 billion for the fifth consecutive year, as reported by...
Clerc Highlights Challenges In Reviving US Shipbuilding Industry
Revitalizing the US commercial shipbuilding industry will likely be a complex and time-consuming process. Clerc suggests that relying solely on protectionist measures, such as...
“China-Europe Express” Completes Maiden Voyage
The maiden voyage of the "China-Europe Express," the fastest direct shipping route between Europe and China's Yangtze River Delta region, has successfully reached its...
VLCC Market Experiences Downturn After Sanctions-Driven Surge
The VLCC freight market has experienced a significant downturn after a recent surge driven by new Russian shipping sanctions. While these sanctions initially boosted...
A Changing Landscape: China Overtakes Japan As Largest Shipowning Nation
This report updates the ranking of the top 10 shipowning nations based on the total asset value of their fleets, including both existing and...
German Maritime Sector Advocates For LNG As Marine Fuel
The German maritime sector has urged the Federal Government to take specific steps to promote the use of liquefied natural gas (LNG) as an...
IAF C-17 Pilot Awarded For Successful Execution Of Anti-Piracy Operation On...
An IAF C-17 Globemaster pilot was awarded a gallantry award for successfully executing an anti-piracy operation on the high seas, far from Indian shores....
PLN 1.7 Billion Investment Expands Świnoujście LNG Terminal
Świnoujście LNG Terminal Expansion Completed: Boosting Poland’s Energy Security.
Poland’s Minister of Industry Highlights Strategic Significance of LNG Terminal Expansion.
Poland’s Energy Security...
Allied’s Weekly Market Commentary: LNG Market Trends in 2024
China and India Drive LNG Demand Growth with Significant Import Increases.
LNG Fleet Renewal Gains Momentum as Older Vessels Are Scrapped.
2025 Brings...
Mintra Joins INTERTANKO as an Associate Member
Industry Endorsements Secure Mintra’s Membership with INTERTANKO.
Mintra Gains Access to Valuable Maritime Data and Insights.
Mintra Commits to Advancing Tanker Industry Safety...
ABS Expands Services to Meet Growing Needs of Marine and Offshore...
Commitment to Safety and Service Expansion Highlighted by ABS CEO.
ABS Maintains Leadership in Singapore's Maritime Industry.
Singapore's Strategic Role in Maritime Innovation...
UPI Dips as LNG Tankers Shift Routes Amid Rising European Demand
The UP World LNG Shipping Index (UPI) declined by 0.38% last week, closing at 162.63 points, while the S&P 500 gained 1.74%.
LNG...
China Requires Emergency Reports from Foreign Ships in Internal Waters
Foreign-flagged ships must urgently report to Chinese maritime authorities if entering internal waters due to emergencies.
Reports can be made via marine radiotelephony,...
Scrap Steel Market Grows, but Fire Risks Raise Concerns
The global scrap steel market is expected to surpass one billion metric tons by 2033 due to increased recycling efforts.
Fires linked to...
Times Square’s Iconic Ball Retires After 17 Years
The Times Square New Year's Eve ball, used since 2008, has been retired.
The retired ball will be displayed at One Times Square...
Maersk and Hapag-Lloyd Bet Big on Hub-and-Spoke Shipping
Maersk and Hapag-Lloyd’s new Gemini Cooperation, launching February 1, will implement a hub-and-spoke model for container shipping.
The model reduces cascading delays by...
Seafarer Abandonment ‘Spiralling’ as 2024 Sees Record-high
New data from the International Transport Workers’ Federation (ITF) reveals abandonment of seafarers by ship-owners increased by 87% in 2024 from the previous year.
Abandonment...
Stolt-Nielsen to Acquire Avenir LNG
Norwegian shipping firm Stolt-Nielsen is set to strengthen its footprint in the LNG bunkering market with its acquisition of UK-based Avenir LNG.
Stolt-Nielsen to acquire...
Penta-Ocean Wins Major HLV Construction Deal
Penta-Ocean Construction secures a major offshore wind farm project in Japan.
The project aims to enhance renewable energy infrastructure and sustainability efforts.
It...
