COSCO Shipping Names New Pulp Carrier CSPC Pearl With Advanced Safety...

COSCO Shipping Specialised Carriers officially named its newest multipurpose pulp carrier, CSPC Pearl, during a ceremony in China. The vessel is the third in a...

HGK Shipping And Covestro Extend Partnership With Wind-Powered Vessel Upgrade

In a strong move toward sustainable maritime logistics, HGK Shipping and Covestro have extended their long-standing partnership until 2040. As part of this renewed...

China Delivers Methanol Dual-Fuel Engine For World’s First Green VLCC

China has achieved a major milestone in green shipbuilding with the successful delivery of a 7G80MEC-LGIM-EGRTC methanol dual-fuel low-speed marine diesel engine by Dalian...

Houthi Attack in Red Sea: Four Dead, Eleven Missing, Crew Rescued

On July 10, 2025, a cargo ship was attacked and sunk in the Red Sea by Houthi rebels, resulting in the deaths of at...

DOT Expands Marine Highway Program to Boost Inland Shipping

The U.S. Department of Transportation expands the Marine Highway Program by adding four new waterways. The Great Lakes route (M-90) gains seven new...

Hyundai Glovis Taps Avikus AI for Greener PCTC Retrofit

Hyundai Glovis, a global total logistics and distribution leader, has signed a contract with Avikus, an HD Hyundai subsidiary and pioneer in autonomous navigation,...

California Cracks Down on Low-Salinity Ballast Water

As of June 18, 2025, vessels must exchange ballast water taken from areas with salinity below 18 ppt before discharging in California’s fresh...

India Issues Draft Biofuel Bunkering Guidelines

The Directorate General of Shipping (DGS) has issued guidelines to enable and regulate biofuel bunkering activities in accordance with established global standards and...

Drewry: Container Freight Rates Fall for Third Week

Drewry’s World Container Index decreased 5% to $2,672 per 40ft container this week. Detailed assessment for Thursday, 10 Jul 2025 Drewry's WCI Index fell for...

Teplizumab Offers New Hope for Type 1 Diabetes Prevention

Teplizumab Marks Breakthrough in Preventing Type 1 Diabetes Onset. UK Treats First Adult with Early Type 1 Diabetes Using Teplizumab. Shifting the Type...

Nuclear Propulsion Gains Attention as Shipping Eyes Net Zero by 2050

IMO Targets Net Zero Shipping by 2050, Nuclear Among Key Solutions. Alternative Fuels and Nuclear Power Under Scrutiny in Maritime Shift. NuProShip and...

Sea Robbery Cases in SOMS Quadruple in First Half of 2025

Shipping Industry Alarmed by Spike in SOMS Sea Robberies. ReCAAP Calls for Action as SOMS Incidents Surge. 80 Sea Robbery Incidents Reported in...

Guangzhou Shipyards Surge Ahead with Green Vessel Orders

Full Capacity and Green Innovation Drive Guangzhou Shipbuilding. Guangzhou Ramps Up LNG and Ammonia-Powered Vessel Projects. Guangzhou’s Green Marine Tech Gains Global Momentum. Shipyards...

India Unveils Ambitious Plan for Eight Mega Shipbuilding Clusters to Boost...

India is embarking on an ambitious strategy to significantly bolster its domestic shipbuilding capabilities with plans to develop eight mega clusters along its extensive...

[Watch] Israel Strikes Hijacked Ship Used for Houthi Surveillance

The Israeli Air Force (IAF) has confirmed an airstrike on a car carrier that had been hijacked by Houthi forces in November 2023. Footage...

VLCCs Eye West Ballast for Rate Push, While Suezmax Sees Discreet...

Despite a seemingly ample supply of available vessels (a "populated tonnage list"), shipowners are demonstrating a strong resolve to prevent a significant downturn in...

Capesize Pacific Rates Remain Anemic as Panamax and Supramax Sectors Find...

The anemic state of Capesize Pacific rates (C5) continues to impact the overall dry bulk market significantly. Following a nearly 70% collapse in just...

Allied QuantumSea Examines Maritime Profiles of Top Exporting Nations

The Allied QuantumSea Research Team's focus this week shifts to the fundamental structure of global seaborne trade, examining it through the lens of the...

eCap Marine’s Containerized Fuel Cell Systems Set to Revolutionize Short-Sea and...

Hamburg-based engineering specialist eCap Marine has secured two significant contracts to supply hydrogen-based propulsion systems for emission-free vessels, marking a notable step forward in...

Bunker Market Steady as LNG Prices Rise, Scrubber Discharge Ban Set...

Global bunker indices continue moderate growth LNG demand from Europe pushes prices higher, narrows gap with MGO Scrubber spread exceeds breakeven, supporting HSFO...