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...
Wallenius Wilhelmsen Lands $140 Million Shipping Contract with Construction Giant
Wallenius Wilhelmsen has secured a new three-year shipping contract, valued at approximately $140 million, with a major global manufacturer of construction and mining equipment....
Orca AI Secures $72.5 Million Series B Funding for AI-Powered Maritime...
Orca AI, a prominent player in the maritime technology sector, has announced the successful completion of a $72.5 million Series B funding round. The...
ReCAAP ISC Reports On Armed Robbery Incidents And Downgrades Threat Level
Four incidents of armed robbery against vessels were reported in Asia, all occurring off the coast of Pulau Cula, Indonesia, within the eastbound lane...
Pilbara Ports Authority Issues Fuel Management Protocol For LNG And Dual-Fuel...
Pilbara Ports Authority (PPA) has released a marine notice outlining stringent new requirements for LNG, alternate, and dual-fuelled vessels calling at the Port of...
Frydenbø Expands Its Maritime Solutions with Elmarin Acquisition
Frydenbø Maritime Industries has acquired Elmarin, a Norwegian leader in electric and hybrid maritime propulsion systems.
Elmarin will be renamed Frydenbø Elmarin AS...
VLCC Market Holds Ground Amidst Sales Slowdown And Global Uncertainty
Despite downward pressure on values, the VLCC (Very Large Crude Carrier) market appears to have found a floor, with 5-year-old 320,000 DWT vessels maintaining...
Panama Maritime Authority Launches Electronic Vessel Registry (REN)
As of 8:00 a.m. recently, the Electronic Vessel Registry (REN) is officially live for all users, marking a transformative step in Panama’s maritime digital...
Uni-Tankers Leads Black Carbon Emissions Fight With Real-Time Flue Gas Sensor...
In a pioneering move for maritime decarbonisation, Danish tanker operator Uni-Tankers has equipped its 6,882 dwt chemical and oil tanker M/T Falstria Swan with...
BIMCO Launches Energy Efficiency Data Sharing Clause 2025 To Foster Maritime...
BIMCO has unveiled its Energy Efficiency Data Sharing Clause for Time Charter Parties 2025, a forward-looking legal provision aimed at enhancing sustainability and collaboration...
USCG Warns Seafarers on Sun and Dehydration Risks
Two serious challenges facing seafarers heading into the warmer seasons are sun exposure and dehydration. An USCG alert describes both, along with solutions and...
Oil Leak Off Louisiana Coast Contained; Cleanup Efforts Ongoing
Oil leak contained off Louisiana coast after over a week of discharge; cleanup efforts continue.
Around 79,000 Gallons of oil is recovered with...
SCMP: Hong Kong’s Freight Forwarding Industry Hit by Trade War
Hong Kong Freight Sector Struggles due to the escalating U.S.-China trade war, with a drop in container shipments to North America's west coast.
...
Global Bunker Indices Experience Modest Upward Trend
As of early May 2025, global bunker fuel prices have shown a slight upward movement, marking a modest rebound after weeks of decline, reports...
NYK Gains Approval for Eco-Friendly Vehicle Terminal in Barcelona
NYK wins terminal concession at Barcelona Port for a new vehicle facility.
The eco-friendly design includes solar panels and zero-emission vehicles.
Direct rail...