Hanwha Eyes U.S. Shipbuilding Boost with Bigger Stake in Austal

Hanwha Group becomes a major shareholder in Austal after acquiring 9.9% equity and securing an additional 9.9% via a Total Return Swap (TRS). ...

Titan and MOL Complete First Bio-LNG Bunkering Under New Multi-Delivery Contract

Titan and Mitsui O.S.K. Lines (MOL) completed their first LNG and bio-LNG bunkering operation under a multi-delivery contract for MOL’s vehicle carrier fleet. ...

US-Canada Tariff Dispute Forces Rerouting of Vessels, Disrupting Global Shipping

A new tariff dispute between the U.S. and Canada is causing significant disruptions to global shipping. The sudden imposition of tariffs is forcing vessels,...

Tanker Market Impacted By US Sanctions and Chinese Port Restrictions

In its final days, the Biden administration's OFAC (Office of Foreign Assets Control) imposed sanctions on 155 tankers, primarily those linked to Russia. Simultaneously,...

DNV Addresses PSC Detentions Over Machinery Space Escape Trunk Layouts

DNV has reported that some ships have been detained during Port State Control (PSC) inspections because of issues with the layout of emergency escape...

AAL Shipping Celebrates Naming of “AAL Dubai,” Fifth Super B-Class Vessel

AAL Shipping celebrated the naming ceremony of its newest vessel, the "AAL Dubai," which is the fifth of its Super B-Class ships. This event...

Gdańsk Port Signs Contract For Reconstruction Of Węglowe Quay

The Węglowe Quay in Gdańsk's Inner Port is set for reconstruction. The Port of Gdańsk Authority SA signed a contract with Budimex, the general...

Peter Döhle Expands GSI Order Amidst US-China Shipbuilding Tensions

Peter Döhle has increased its order of 8,400 TEU LNG dual-fuel container ships from GSI to 5. This follows an initial contract for 3...

APM Terminals Driving Reliability in Maersk and Hapag-Lloyd’s Gemini Cooperation

Gemini Cooperation aims to improve shipping schedule reliability from mid-50% to over 90%. The hub-and-spoke model replaces direct services, reducing congestion and enhancing...

Shell Sets Record for Marine LNG Deliveries in 2024

Shell delivered a record 1.1 million tons of marine LNG in 2024, driven by rising demand. Global LNG consumption is set to grow...

Mitsui O.S.K. Lines Secures Approval for Large Ammonia-Powered Carrier

MOL secures ClassNK Approval in Principle (AiP) for a large ammonia-powered ammonia carrier. Designed with a larger cargo capacity, the vessel meets the...

FMC Investigates Global Shipping Chokepoints

FMC launches investigation (FMC-2025-0005) into seven major maritime chokepoints affecting global trade. The inquiry examines transit constraints from foreign regulations or vessel operator...

DNV Releases White Paper On Safe Adoption Of Ammonia And Hydrogen...

As the maritime industry moves toward carbon-neutral fuels, ammonia and hydrogen are emerging as potential options. However, the absence of mandatory international regulations remains...

China Shipowners Oppose US Port Fees Violating WTO and US Law

CSA calls U.S. port entry fees discriminatory, violating WTO rules and U.S. laws. The fees could add $30 billion in costs, disrupting supply...

Suez Canal Authority And MSC Discuss Joint Cooperation Amid Red Sea...

Adm. Ossama Rabiee, Chairman of the Suez Canal Authority (SCA), held a virtual meeting with Mr Soren Toft, CEO of MSC Shipping Line, to...

London Gateway Logistics Park Secures 10-Year LDO For Expansion And Job...

DP World's London Gateway Logistics Park has received Thurrock Council's approval for a new 10-year Local Development Order (LDO), ensuring continued expansion, job creation,...

Scottish Oil Tanker ‘Australis’ Departs Loch Long After Six Years

The departure of the oil tanker Australis from Loch Long marks the end of an era for the Finnart oil terminal, which has played...

Carbon Capture Shipping In Asia Pacific DNV Approves Innovative Low-Pressure CO₂...

This Approval in Principle (AiP) marks a significant advancement in large-scale carbon capture and storage (CCS) shipping, particularly for the Asia-Pacific region. Given the...

Lessons Learned: Offshore Spill Due to Open Strainer Vent Cock

During offshore operations, a contamination leak occurred due to an open strainer vent cock, causing liquid spillage onto the vessel’s deck and into the...

Dry Bulk Shipping Faces Impact from Turbulent Tariffs

Tariff disputes are expected to first impact dry bulk carriers amid rising market volatility. Tariffs create uncertainty in crude oil trade, with China...