Trafigura Deepens Maritime Tech Investments Through ZeroNorth Alliance

Trafigura has entered a strategic alliance with maritime tech firm ZeroNorth to enhance fleet efficiency and sustainability. The company will implement ZeroNorth’s AI-powered...

Global Ship Lease Gains Continued Investor Confidence with Affirmed Credit Ratings

Global Ship Lease’s credit ratings were reaffirmed by Moody’s, S&P, and Kroll, all maintaining stable outlooks. The ratings reflect the company’s strong cash...

COSCO SHIPPING YANGPU Debuts with Inaugural Green Fuel Bunkering

COSCO SHIPPING YANGPU, China’s first domestically built methanol dual-fuel containership, completed its maiden voyage and inaugural green methanol bunkering at the Port of...

What Shipowners Need to Know About Turkish Pollution Penalties

Turkiye enforces pollution fines on a strict liability basis, meaning no proof of negligence is needed. Fines are based on gross tonnage and...

Singapore Strait Shipping Faces Surge in Armed Robbery Incidents

Armed robbery incidents in the Singapore Straits surged to 57 in the first half of 2025, making up over 60% of global cases. ...

Ammonia-Powered Ships: Pioneering the Future of Green Shipping

Ammonia is rapidly gaining traction as a potential alternative fuel for maritime transport, offering a promising route toward decarbonization. When produced using renewable energy,...

US Tariff Uncertainty Weighs on Transpacific Shipping

Key insights: 1. President Trump signed an executive order extending the reciprocal tariff pause for a long list of US trading partners from July 9th...

Xeneta Snapshot: Ocean Container Rates Climb Amid Capacity Crunch

According to Xeneta’s Weekly Ocean Container Shipping Market Update for July 8, 2025, global ocean freight rates are climbing sharply, driven by persistent port...

[Watch]Houthis Unleash Explosive Assault on Cargo Ship in Chilling Footage

Yemen’s Houthi rebels have released a disturbing video that captures the moment they stormed and sank a commercial cargo ship in the Red Sea....

China Redirects Exports Through Southeast Asia to Bypass Tariffs

Chinese companies are reportedly redirecting exports through Southeast Asia to bypass US tariffs. Direct shipments from China to the US dropped by 43%...

South Korea Urges U.S. to Exempt Car Carrier Ships from Tariffs

South Korea requests that the U.S. exempt car carrier vessels from Section 232 steel and aluminum tariffs. Tariffs threaten competitiveness of Korea’s auto...

CSSC To Become World’s Largest Shipbuilder After Mega Merger

China Approves Largest A-Share Merger in Shipbuilding History. CSIC to Be Delisted as CSSC Takes Over Assets and Workforce. Merger Aims to End...

Antifouling Conference 2025 Set for Gothenburg with Global Expert Lineup

Over 30 Experts to Speak on Innovation, Regulation, and Biofouling Control. Stena Bulk Sponsors Global Forum on Antifouling Technologies. I-Tech AB Highlights the...

Everllence Lands First Order for 175DF-M Methanol Engine

Dual-Fuel Methanol GenSets to Power New European Superyacht. Delivery of 175DF-M Engines Scheduled for July 2027. Strong Industry Interest in Methanol-Ready and Retrofit...

Four Dead, 15 Missing After Houthi Attack on Greek Ship in...

Rescuers pulled six crew members alive from the Red Sea on Wednesday and 15 were still missing from the second of two ships sunk...

Mosel River Freight Shipping Resumes After Lock Damage In Western Germany

Trials to reopen the Mosel River to domestic freight shipping have shown early success, according to German navigation authorities. The river, a vital corridor...

IMO Urges Diplomatic Action Amid Renewed Red Sea Maritime Attacks

Following a resurgence of violent incidents targeting merchant vessels in the Red Sea, IMO Secretary-General Arsenio Dominguez has called for urgent diplomatic engagement to...

US Tariff Move Threatens Asia-Pacific Energy and Steel Trade

South Korea, Japan Launch Diplomatic Push to Avert Tariff Fallout. Jet Fuel and Gasoline Imports from Asia at Risk. West Coast Refinery Closures...

Fujairah Oil Inventories Hit Two-Month High with Fifth Weekly Gain

Heavy Distillates Lead Stock Build, Light Products Also Rise. Middle Distillate Stocks Fall After Five-Week Climb. Fuel Oil and Gasoline Prices Decline, Jet...

Hanwha Ocean Expands Fleet with Five New Vessel Orders

Hanwha Shipping transitions from a test platform to a full-fledged U.S.-based shipping operator. The company has placed five vessel orders, including VLCCs and...