ECSA Rebrands As ECSA European Shipowners, Marking 60 Years Of Industry...

On the occasion of its 60th anniversary, the European Community Shipowners’ Associations (ECSA) has rebranded as ECSA European Shipowners, reaffirming its role as the...

Corvus Energy’s Dolphin NxtGen Energy Marine Battery System Receives Lloyd’s Register...

Corvus Energy is pleased to announce that its Dolphin NxtGen Energy marine battery system has received Type Approval from Lloyd’s Register (LR), affirming its...

MacGregor Secures Contract For 100T AHC Crane For Jana Marine Service

Helsinki, Finland – MacGregor, part of Cargotec, has been awarded a contract to deliver a 100-tonne Active Heave Compensated (AHC) crane for a Dive...

ABS Showcases Digital And Talent Solutions At Seatrade Maritime Qatar 2025

American Bureau of Shipping (ABS) actively participated in the inaugural Seatrade Maritime Qatar, held on February 4-5, 2025, where industry leaders discussed the future...

Cyprus’ Vasilikos LNG Terminal Faces Funding Challenges And Investigation

Cyprus’s Natural Gas Public Company (DEFA) has requested an additional €200 million from the Ministry of Finance to complete the Vasilikos LNG terminal, bringing...

Lloyd’s Register & Microsoft Partner to Advance Maritime Nuclear Technology with...

Lloyd’s Register, a UK-based classification society and professional advisory service, will become one of the first maritime organisations to use generative AI for permitting...

Accommodation Fire Aboard Oil Tanker Leads to Two Fatalities

Transport Malta reports of a fire in the accommodation of an oil tanker, leading to two fatalities, at the port of Ras Laffan, Qatar. What...

DNV Opens Hearing Period for 2025 Rules Update

DNV has submitted its class rules and standards for industry hearing, which are open for comments from 1 March to 12 April. This year,...

U.S. Fuel Oil Prices Decline as Tariffs Disrupt Trade Flows

Fuel Oil Prices Drop – U.S. fuel oil values declined as new tariffs on major trade partners disrupted market stability. Trade Flow Shifts...

ING: Shipping’s 2025 Outlook Brims with Uncertainty

Rising tensions in the Middle East and Red Sea attacks force vessels to reroute, increasing transit times and costs. U.S. tariffs on Chinese...

U.S. Re-designates Houthis as a Foreign Terrorist Organization

The State Department has officially labeled Ansarallah (Houthis) as a Foreign Terrorist Organization (FTO) to counter their attacks on global shipping and regional...

Steam Turbine Carriers Face Growing Risks Amid Market Uncertainty

Economic Viability of Steam Carriers in Question. Lay-Ups and Scrapping on the Rise for Aging Steam Carriers. Regulatory Pressures Accelerate the Decline of...

Trump Calls for Revival of US Shipbuilding to Counter China

The New White House Office of Shipbuilding Announced. Trump Proposes Tax Incentives to Boost US Shipbuilding. China’s Shipbuilding Dominance Spurs US Policy Shift. During...

World’s Largest Iceberg, A23a, Runs Aground Near South Georgia

A23a Comes to a Halt After Drifting for Years in the Southern Ocean. Giant Iceberg A23a Stops 90km from South Georgia’s Shore. Scientists...

Supramax Market in Continent and Baltic Sea Remains Steady

Tighter Tonnage Availability Supports Supramax Spot Rates. Supramax Market Sees Limited Momentum but Stable Rates. TCE Rates for Rotterdam-Aliaga Scrap Route Decline Slightly. The...

New Deep Water Bulk Berth Opens at Port of Liverpool

New Bulk Berth Enhances Cargo Handling at Liverpool Port. Peel Ports Invests £2M in Liverpool’s Cargo Infrastructure. Liverpool Port Boosts Capacity with New...

Port of Long Beach Launches $57.4 Million Incentive Programs

New Incentive Programs Aim to Modernize Cargo Operations. SWIFT Initiative to Support Green Port Transformation. Zero-Emission Equipment and Cleaner Harbor Craft Get Funding...

Capesize Rates Surge as Contango Disappears Amid Strong March Demand

Spot Market Defies Contango, Closing Gap with Futures. Iron Ore Rebound in Australia Triggers Sharp Rate Increases. Sub-Cape Sectors Lag as Grain Shipments...

Cargo Ship will be Stuck in Mud ‘for a Month’

Grounding Near Brough Halts Journey to Port. Three Failed Attempts to Refloat the Vessel. Officials Cite Tidal Conditions as Key Challenge. A cargo ship...

Mysterious Naval Vessel Spotted in Washington State is a New DARPA...

DARPA Confirms Completion of USX-1 Defiant. U.S. Navy’s Shift to Smaller, Scalable Uncrewed Ships. At-Sea Refueling Successfully Tested. A streamlined, partially decked naval vessel...