IMO Regulations Projected to Significantly Increase Ship Operating Expenses
The International Maritime Organization's (IMO) recently agreed Net-Zero Framework is projected to significantly increase ship operating costs. By 2035, it is estimated that this...
Concerning Maritime Security Overview: Dryad Global Reports Rising Risks and Tensions
This week's maritime security overview paints a concerning picture with several key areas experiencing heightened risks and tensions, reports Dryad Global.
Persisting Piracy
Maritime crime remains...
Rhenus Group to Commence Barge Operations Across India’s National Waterways
Through a newly established Memorandum of Understanding (MoU), the Rhenus Group, a prominent global logistics service provider, is set to commence barge operations across...
Port of Gothenburg Tests Hydrogen Generator for Onshore Power Supply to...
A promising initiative at the Port of Gothenburg is nearing completion: a pilot project utilizing a hydrogen generator to provide electricity to berthed vessels....
Apollo Funds to Acquire Hav Energy from HitecVision
Apollo Global Management to acquire Hav Energy LNG Holding AS from HitecVision, expanding in maritime LNG carrier infrastructure.
Hav Energy owns 10 LNG...
Call for Maritime Innovators to Join Transport Accelerator
Connected Places Catapult, funded by Innovate UK, launches the first Transport Accelerator: Maritime to support SMEs with innovative maritime and transport solutions.
The...
VesselBot Flags Emissions Rise as Trade Reroutes to Asia
VesselBot's Q1 2025 report reveals a 19.38% rise in GHG emissions and a notable shift in shipping patterns due to geopolitical tensions.
Emissions...
Panama Canal Faces Trade Challenges Amid Shifting Global Dynamics and Tariff...
The Panama Canal is experiencing the effects of shifting global trade patterns and tariffs, particularly following changes in U.S.–China trade relations.
Freight volume...
Methanol and LNG Lead April 2025 Green Vessel Orders
49 alternative-fuelled vessels were ordered in April 2025, marking a 5% year-on-year increase.
Methanol and LNG led the orders with 24 and 20...
Trump Halts US Bombing of Houthis Following Shipping Lane Agreement
On May 6th, 2025, President Donald Trump announced that the United States would cease its bombing campaign against the Houthi rebels in Yemen. This...
Tanker Freight Rates Could Strengthen This Summer on OPEC Production Hike
Over the last few weeks, temporary mismatches in vessel availability and cargo demand (positional imbalances) have caused freight rates to rise towards the higher...
Fujairah Oil Inventories Steady as Gasoline Rise Offsets Fuel Oil and...
According to data released by the Fujairah Oil Industry Zone on May 7th, 2025, oil product inventories at the UAE's Port of Fujairah remained...
How Far to Zero? Getting to Zero Coalition Benchmarks Shipping’s Decarbonization...
The "Getting to Zero Coalition Action Framework: Documenting actions towards decarbonising shipping" report, released by the Global Maritime Forum's Getting to Zero Coalition, provides...
Wallenius Wilhelmsen Lands $140 Million Shipping Contract with Construction Giant
Wallenius Wilhelmsen has secured a new three-year shipping contract, valued at approximately $140 million, with a major global manufacturer of construction and mining equipment....
Orca AI Secures $72.5 Million Series B Funding for AI-Powered Maritime...
Orca AI, a prominent player in the maritime technology sector, has announced the successful completion of a $72.5 million Series B funding round. The...
ReCAAP ISC Reports On Armed Robbery Incidents And Downgrades Threat Level
Four incidents of armed robbery against vessels were reported in Asia, all occurring off the coast of Pulau Cula, Indonesia, within the eastbound lane...
Pilbara Ports Authority Issues Fuel Management Protocol For LNG And Dual-Fuel...
Pilbara Ports Authority (PPA) has released a marine notice outlining stringent new requirements for LNG, alternate, and dual-fuelled vessels calling at the Port of...
Frydenbø Expands Its Maritime Solutions with Elmarin Acquisition
Frydenbø Maritime Industries has acquired Elmarin, a Norwegian leader in electric and hybrid maritime propulsion systems.
Elmarin will be renamed Frydenbø Elmarin AS...
VLCC Market Holds Ground Amidst Sales Slowdown And Global Uncertainty
Despite downward pressure on values, the VLCC (Very Large Crude Carrier) market appears to have found a floor, with 5-year-old 320,000 DWT vessels maintaining...
Panama Maritime Authority Launches Electronic Vessel Registry (REN)
As of 8:00 a.m. recently, the Electronic Vessel Registry (REN) is officially live for all users, marking a transformative step in Panama’s maritime digital...
