ClassNK Releases “ClassNK Technical Journal”
ClassNK has released "ClassNK Technical Journal No.10 2024 (II)", providing a comprehensive overview of the latest trends and its activities on key topics such...
Downward Pressure Persists Across Dry Bulk Sectors Ahead Of 2024
Capesize, Panamax, and Supramax markets remain under pressure, with weak demand, oversupply, and declining rates. Minimal fixtures and limited activity characterize a subdued market...
Tanker Market Struggles: Year-End Lows Across VLCC, Suezmax, And Aframax
VLCC, Suezmax, and Aframax markets remain under pressure, with muted year-end activity and low rates. Owners eye limited opportunities as charterers rush to cover...
DNV Launches Skill Standards For Methanol And Ammonia Safety
DNV has delivered a skill standard (ST) for methanol and a suggested practice (RP) for smelling salts, to empower team and shipowners to handle...
Indian Register Of Shipping Supports Defence Indigenisation
Indian Register of Shipping (IRS) has embraced the confirmation of natively created marine parts for guard projects, denoting a critical achievement in improving safeguard...
China Dominates Global Containership Construction As Korean Shipyards Face
Chinese shipyards have set their predominance in the development of containerships, telling an amazing 68.5% of the worldwide boxship orderbook limit, as per Alphaliner,...
Expansion of Inland Port Greer advancing to address market needs
South Carolina Ports (SC Ports) is bolstering its intermodal connections through the ongoing expansion of Inland Port Greer and the development of the Navy...
Tanker Market Shows Signs of Slowing Despite Record High Values
The tanker market, which experienced a strong bull run throughout most of 2024, is beginning to cool, according to a report by VesselsValue,...
Former PSV Transformed to Join Geoquip’s Fleet
Geoquip Marine is converting the PSV Geoquip Silvretta into a geotechnical services platform.
The vessel will feature the GMTR150 rig, offering low carbon...
DNV Helps Elyse Energy Secure €120M for Sustainable Fuel Projects
DNV conducted technical due diligence for Elyse Energy, enabling the company to secure €120 million in investments from major partners, including Hy24, PGGM,...
FuelEU Maritime Monitoring Requirements Begin January 2025
FuelEU Maritime Monitoring Requirements Begin January 2025.
Lloyd’s Register Offers Support for FuelEU Monitoring Plans.
Data Submission and Compliance Deadlines for FuelEU Maritime
From...
Wärtsilä to Sell ANCS Business to Solix Group AB
ANCS Set for New Growth as Wärtsilä Divests to Solix.
Wärtsilä Announces Sale of Marine Automation and Navigation Leader ANCS.
Solix Group AB...
Wärtsilä To Supply Cargo Handling Systems For New Very Large Ammonia...
Wärtsilä Gas Solutions, a division of the global technology group Wärtsilä, has secured a contract to supply cargo handling systems for three new 93,000...
All American Marine And San Francisco Bay Ferry Partner On Battery-Electric...
All American Marine (AAM) has entered into a landmark partnership with San Francisco Bay Ferry to develop 150-passenger battery-electric vessels that will contribute significantly...
Fitch Ratings Report Highlights Challenges For Global Trade And Seaports
The Fitch Ratings EMEA Transportation Infrastructure Outlook 2025 highlights significant challenges and risks for global trade and seaport activity, driven by escalating trade tensions,...
Carriers Unveil Panama Canal Transit Surcharges for New Year
Panama Canal Authority Introduces New Tariff System Starting 2024.
Major Carriers Impose New Surcharges for Asia-US Transits.
MSC to Add $40 Per TEU...
Crude Tanker Market Struggles Amid Weak Demand
December’s crude tanker market sees subdued VLCC rates, weak demand, limited spot cargoes, and geopolitical risks like potential sanctions. OPEC’s cautious production and muted...
India Emerges As Bunkering Hub Amid Red Sea Shipping Shift
The surge in bunkering and Ship-to-Ship (STS) calls at Indian ports underscores a significant shift in regional shipping patterns, driven largely by geopolitical and...
Port Houston Achieves Record Growth in 2024
November Marks the Busiest Month Yet with 369,361 TEUs, a 24% Increase.
Resins Dominate Exports, Representing 45% of Total Volumes.
Steel Imports Surge...
VLOC Sohar Max Becomes ‘World’s Largest’ Ship with Wind Propulsion Tech
UK-based wind-assisted propulsion provider Anemoi Marine Technologies has achieved a significant milestone by installing five rotor sails on the Sohar Max, a 400,000-dwt Very...