Stena Line Partners With Norsepower To Boost Sustainable Shipping
Stena Line and Norsepower have signed an agreement to install two Norsepower Rotor Sails™ on the new methanol-hybrid RoRo vessel, Stena Connecta. This initiative...
Bunkering Fuel Sales Decline Due to Trade Uncertainty
Bunkering Fuel Demand Drops as Shipping Industry Faces Volatility.
Singapore and Fujairah Report 9% Decline in Marine Fuel Sales.
Geopolitical Tensions and Tariffs...
South Korean Shipbuilders Secure 5 Trillion Won in Contracts
Samsung Heavy Industries and Hanwha Ocean Win Major Shipbuilding Deals.
South Korean Shipbuilders Gain Edge as U.S. Restricts Chinese Industry.
Record Shipbuilding Orders...
Engine Failure Disrupts Ship Traffic in Bosphorus Strait
Ship Traffic Suspended in Bosphorus Strait Due to Engine Failure.
Vessel Breakdown Temporarily Halts Navigation in Bosphorus.
Maritime Authorities Respond to Vessel Malfunction...
MPA Urges Caution for Vessels During North-East Monsoon Surge
Seafarers Must Prepare for Heavy Rain and Strong Winds at Sea.
MPA Calls for Enhanced Safety Measures During Monsoon Surge.
Weather Advisory Issued...
PPG and COSCO Shipping Energy Collaboration on Eco-Friendly Hull Coatings
COSCO’s First Drydocking with PPG’s Electrostatic Hull Coating Technology.
PPG Sigmaglide 2390 Coating Helps COSCO Reduce Emissions and Fuel Consumption.
Innovative Electrostatic Coating...
New Tariffs Bring Uncertainty, Bigger Risks Ahead!
New U.S. tariffs on steel and aluminum have sparked global trade tensions, yet existing contracts are sustaining trade flows for now.
As current...
Drewry: World Container Index Drops 4% This Week
Drewry’s World Container Index decreased 4% to $2,264 per 40ft container this week.
Detailed assessment for Thursday, 20 March 2025
The Drewry WCI composite index...
USCG Investigates Issues with Viking PS2006 Immersion Suits
The U.S. Coast Guard has received reports of mariners struggling to properly don Viking PS2006 immersion suits, raising concerns about their effectiveness in emergency...
Port of Melbourne Achieves Highest Container Throughput on Record
In 2024, the Port of Melbourne handled a historic 3.396 million twenty-foot equivalent units (TEUs), marking a more than 9% increase from 2023...
Port of Los Angeles Reports Strong Cargo Volumes in Jan-Feb 2025
The Port of Los Angeles has reported robust cargo volumes in the initial months of 2025. In January, the port processed 924,245 Twenty-Foot Equivalent...
[Podcast] U.S. Port Fees: Shipbuilding Boost or Trade Risk?
US port fees targeting China-built ships could significantly reshape the global shipbuilding landscape. But if history is any guide, overly aggressive policies often backfire...
BIMCO Voices Concerns Over Proposed US Policies Targeting Chinese Maritime Industry
BIMCO has voiced its concerns regarding proposed U.S. policies designed to counter China's influence in the maritime, logistics, and shipbuilding industries.
Letter Submitted
BIMCO has responded...
Red Sea Trade Remains Precarious Amidst Renewed Hostilities and Houthi Threats
Following a temporary ceasefire in Gaza, which initially reduced Houthi attacks in the Red Sea, renewed tensions have emerged. Israel's decision not to proceed...
Ship Collision in North Sea Causes Nurdle Spill Along England’s East...
The UK coastguard has determined that small plastic pellets found along England's east coast originated from a collision between a tanker and a cargo...
VLCC Market Sees Resurgence, While Aframax Rates Remain Stagnant
Following a period of stagnation and missed opportunities for VLCC (Very Large Crude Carrier) owners, the market has finally become active again. This indicates...
Western Australia Dry Bulk Market Sees Increased Inquiries and Shifting Demands
In Western Australia, the dry bulk shipping market has seen a notable increase in inquiries from miners and operators at the beginning of the...
Weather Disruptions and Regional Competition Drive LSFO Discounts in China
On March 18th, the premiums for 0.5%S bunker fuel delivered in Zhoushan and Shanghai, compared to FOB Singapore marine fuel 0.5% cargo values, shifted...
The Switch Partners With Vard Electro For Advanced Marine Electrification
The Switch, a leader in marine power electronics, has secured a multimillion-euro contract with Vard Electro to supply DC-Hub technology for multiple vessels. This...
Alfa Laval Secures First Contract For Ammonia Fuel Supply System
Alfa Laval has signed its first contract for the FCM Ammonia fuel supply system, marking a significant step in maritime decarbonization. The system will...
