U.S. Port Fees Reshape Dry Bulk Fleet Strategy
Port fees hurt frequent U.S. callers – Chinese-built ships face rising costs with repeated U.S. port visits.
Shift to Japanese-built vessels – Higher...
USCG Annual Report 2024: 82 Vessels Detained During the Year
In 2024, the Coast Guard conducted 8,710 SOLAS safety exams with a total of 82 detentions.
The annual detention rate decreased from 1.22...
K Line’s Profit for Fiscal Year 2024 Up 199.4% To $2bln
Kawasaki Kisen Kaisha, Ltd. has announced its consolidated financial results for the fiscal year ended March 31, 2025, reporting operating revenues of ¥1,047,944 million...
Wärtsilä Launches Carbon Capture System for Ships
Wärtsilä has introduced its onboard carbon capture and storage (CCS) system to the maritime industry.
The system can reduce CO₂ emissions by up...
Ocean Yield Increases Stake in France LNG Shipping to 45%
Ocean Yield AS has announced an agreement to acquire Access Capital Partners' share in Geogas LNG, thereby increasing its indirect economic interest in France...
European Commission Approves Reintroduction of Italy’s “International Registry” Scheme
The European Commission has given its approval for the reintroduction of Italy's "International Registry" scheme. This initiative is designed to incentivize shipping companies to...
Samsung Heavy Industries Expands FLNG Portfolio with Deep-Sea Model
Samsung Heavy Industries (SHI) has announced an expansion of its product offerings with the development of the MLF-O, which stands for Modularized LNG Floater...
IMO Regulations Projected to Significantly Increase Ship Operating Expenses
The International Maritime Organization's (IMO) recently agreed Net-Zero Framework is projected to significantly increase ship operating costs. By 2035, it is estimated that this...
Concerning Maritime Security Overview: Dryad Global Reports Rising Risks and Tensions
This week's maritime security overview paints a concerning picture with several key areas experiencing heightened risks and tensions, reports Dryad Global.
Persisting Piracy
Maritime crime remains...
Rhenus Group to Commence Barge Operations Across India’s National Waterways
Through a newly established Memorandum of Understanding (MoU), the Rhenus Group, a prominent global logistics service provider, is set to commence barge operations across...
Port of Gothenburg Tests Hydrogen Generator for Onshore Power Supply to...
A promising initiative at the Port of Gothenburg is nearing completion: a pilot project utilizing a hydrogen generator to provide electricity to berthed vessels....
Apollo Funds to Acquire Hav Energy from HitecVision
Apollo Global Management to acquire Hav Energy LNG Holding AS from HitecVision, expanding in maritime LNG carrier infrastructure.
Hav Energy owns 10 LNG...
Call for Maritime Innovators to Join Transport Accelerator
Connected Places Catapult, funded by Innovate UK, launches the first Transport Accelerator: Maritime to support SMEs with innovative maritime and transport solutions.
The...
VesselBot Flags Emissions Rise as Trade Reroutes to Asia
VesselBot's Q1 2025 report reveals a 19.38% rise in GHG emissions and a notable shift in shipping patterns due to geopolitical tensions.
Emissions...
Panama Canal Faces Trade Challenges Amid Shifting Global Dynamics and Tariff...
The Panama Canal is experiencing the effects of shifting global trade patterns and tariffs, particularly following changes in U.S.–China trade relations.
Freight volume...
Methanol and LNG Lead April 2025 Green Vessel Orders
49 alternative-fuelled vessels were ordered in April 2025, marking a 5% year-on-year increase.
Methanol and LNG led the orders with 24 and 20...
Trump Halts US Bombing of Houthis Following Shipping Lane Agreement
On May 6th, 2025, President Donald Trump announced that the United States would cease its bombing campaign against the Houthi rebels in Yemen. This...
Tanker Freight Rates Could Strengthen This Summer on OPEC Production Hike
Over the last few weeks, temporary mismatches in vessel availability and cargo demand (positional imbalances) have caused freight rates to rise towards the higher...
Fujairah Oil Inventories Steady as Gasoline Rise Offsets Fuel Oil and...
According to data released by the Fujairah Oil Industry Zone on May 7th, 2025, oil product inventories at the UAE's Port of Fujairah remained...
How Far to Zero? Getting to Zero Coalition Benchmarks Shipping’s Decarbonization...
The "Getting to Zero Coalition Action Framework: Documenting actions towards decarbonising shipping" report, released by the Global Maritime Forum's Getting to Zero Coalition, provides...
