Microsoft & SBM Offshore Partner on AI-Driven Floating Power Tech
SBM Offshore has signed a global collaboration agreement with Microsoft to leverage artificial intelligence (AI) and other advanced digital technologies to enhance floating power...
Greek Fleet at Risk Over US Port Fees and Chinese Ties
The Greek-owned fleet is heavily dependent on Chinese shipyards, a reliance that could significantly impact shipping operations if the proposed U.S. port fee is...
Geopolitical Tensions at Panama Canal Remain High Despite Port Sales
Despite the sale of Hutchison's Panama Canal terminals, concerns persist over China's growing influence in the region, with the U.S. expressing fears of...
LR Joins ‘Global Powerhouses’ in Historic Nuclear Energy Pledge
Lloyd's Register has joined a global coalition of industry leaders, financial institutions, and countries in a pledge to triple global nuclear energy capacity...
Pacific Women Complete First Training Under IMO-Korea SMART-C Project
IMO and Korea Advance Gender Diversity in Maritime Sector.
SMART-C Women Project Equips Female Maritime Professionals.
Maritime Training for Women Focuses on Decarbonization...
Port of Long Beach Trade Rises for Ninth Consecutive Month
February Cargo Volumes Surge at Port of Long Beach.
Port of Long Beach Sees 13.4% Increase in TEU Movement.
Retailers Rush Shipments Ahead...
Wärtsilä to Supply Replacement Engines for Paraguayan Tug Pusher Vessels
ADM Naviera Chaco Upgrades Fleet with Wärtsilä Engines.
New Wärtsilä Engines to Improve Efficiency and Cut Emissions.
ADM Targets 25% Emission Reduction with...
ABS Releases Guidance on Updates to Grain Code
IMO Adopts New Grain Code Regulations, Effective January 2026.
New Loading Conditions Introduced for Bulk Grain Transport.
Grain Code Updates to Impact Both...
North Sea Collision: ‘Heroic Action’ of Oil Tanker Crew Praised
The owners of an oil tanker involved in a collision with a cargo ship in the North Sea have praised the "heroic action" of...
UAE to Launch First Open Remote Operations Centre for Unmanned Vessels
Janus Marine and Nexus Remote Solutions Launch UAE’s First Open-Access ROC.
Abu Dhabi to Host Gulf’s First Unmanned Vessel Testing and Operations Centre.
...
India’s Port Industry Set for Steady Growth Over the Next Five...
Indian Ports Set for Expansion with 500 MTPA Capacity Increase by 2028.
Rising Imports and Lower Freight Costs Drive Growth in India’s Port...
LNG and LPG Freight Rates Surge on Strong Demand
LPG Market Surges with Strong Rate Gains Across Key Routes.
Tight Vessel Supply and Increased Demand Drive LPG Rates to New Highs.
LNG...
Global Container Volumes Show Strong Growth in January 2025
Container Trade Expands in January 2025 Despite Market Uncertainties.
Utilisation Trends Reveal Mixed Signals in Global Container Shipping.
Asia-Europe Utilisation Drops Early, While...
AI Takes Center Stage at CERAWeek Conference
AI is Transforming Oil & Gas Drilling to be Faster, Smarter, and More Efficient.
Oil Giants Bet on AI to Cut Costs and...
ISWG-GHG 18 Sees Progress On Mid-Term Measures For Shipping’s GHG Emissions
Following the intense negotiations at ISWG-GHG 18 in London, experts are reflecting on the key developments surrounding mid-term measures (MTMs) for reducing greenhouse gas...
Shipping Market Update Freight Rates And Vessel Performance Overview
This week, MEG LR2s have seen a notable increase in demand, driving freight levels up sharply.
TC1 75kt MEG/Japan index surged 21.67 points to...
Dutch Crew Members Plead Guilty In Singapore’s Worst Oil Spill
Four Dutch crew members have admitted their role in Singapore’s worst oil spill in a decade, following a collision at a shipping terminal in...
[Watch] Mechanical Failure Causes Tanker To Strike Pier And Three Navy...
On the night of March 12, 2025, a Brazilian oil tanker experienced a loss of control while maneuvering in the Port of Santos. This...
Odfjell Completes eSAIL® Installation On Bow Olympus To Enhance Fuel Efficiency
Odfjell has successfully installed four 22-meter-tall eSAILs® on its chemical tanker, Bow Olympus, as part of its commitment to wind-assisted propulsion technology (WAPS). The...
SAAM Achieves Strong Financial Results In 2024, Driven By Asset Integration
SAAM reported a successful financial year in 2024, with net income from continuing operations of US$59.2 million, reports Container News.
Integrating Assets
SAAM successfully integrated assets...