T. Parker Host Expands with Ascension Bulk Terminal Acquisition

New terminal spans 230 acres with 190 acres for future development. HOST commits $6 million for upgrades and equipment enhancements. CEO Adam Anderson...

Maritime Security Risks Escalate in Red Sea and Gulf of Aden

Dutch cargo vessel MINERVAGRACHT hit by a missile, two crew injured. Vessel attacked twice in a week, no Israeli links confirmed. Houthi forces...

Crude Tanker Market Driven by Fragile China and Resilient India

VLCC supply tightens amid ageing fleet and limited renewal. China’s crude imports rise on stockpiling, not consumption. Refining overcapacity and EV growth weaken...

Lessons Learned: Hand Injury During Routine Waste Disposal on Tanker

An incident occurred on board a tanker underway in fair weather conditions. The case was reported by The Nautical Institute and involved a crew...

Costamare Bulkers Signs Cooperation Agreement with Cargill International

Costamare Bulkers signed a strategic cooperation agreement with Cargill International to strengthen dry bulk operations. The deal transfers the majority of Costamare’s trading...

Wärtsilä Signs 10-Year Lifecycle Agreement for OPearl’s 14 LNG Carriers

Wärtsilä signed a ten-year Lifecycle Agreement with OPearl LNG Ship Management covering 14 LNG carriers. The agreement includes Dynamic Maintenance Planning, Expert Insight...

Savannah Port Sees 9% Rise in August Container Volumes

The Port of Savannah achieved strong container growth in August 2025, while Georgia Ports launched a new fast-track routing system to improve efficiency. ...

Maritime Forum Releases Safety Guidelines for Methanol Dual-Fuel Ship Inspections

Methanol is gaining traction as a marine fuel but requires strict safety measures due to its hazardous properties. The new MTF guidelines provide...

CO₂ Shipping: Don’t Miss the Boat

CCS is central to the UK’s decarbonisation plan, but shipping must complement pipelines to expand access, lower costs, and create jobs. Cross-border CO₂...

Dry Bulk Market Resilient in Q3 2025 Amid Strong Commodity Flows

The dry bulk market showed resilience in Q3 2025, supported by strong commodity flows and firm demand across vessel segments. Capesize vessels led...

Dutch Bio-LNG Terminal Route Preservation Urged by Organizations

Stakeholders urge the Dutch Ministry to safeguard the bio-LNG terminal route as it ensures scalable, cost-effective, and verifiable delivery of green fuels. Blocking...

Transit Reservation System Shifts from 12-Month to Six-Month Cycles

The Panama Canal Authority has announced a significant overhaul of its long-term transit reservation system, now dubbed LoTSA 2.0, to provide enhanced flexibility, certainty,...

China Vows to Deepen Energy Ties Despite US Tariffs

Despite intense US pressure on key buyers, Russia’s seaborne crude exports have been maintained at a 16-month high, driven by Asian demand and the...

Russian Arctic LNG Delivered to China Terminal

The delivery of a cargo of liquefied natural gas (LNG) from a sanctioned Russian energy project to a Chinese terminal underscores the continuing circumvention...

Cargo Engine Failure Halts Traffic in Istanbul Strait

A general cargo ship en route from Russia experienced engine failure in the Bosphorus Strait, a critical maritime passage, necessitating an emergency response that...

Chinese Import Recovery Boosts Capesize Segment

The near-term outlook for dry bulk spot rates warrants caution due to a persistent historical pattern of weakness in October, although the long-term view...

Large Fleets Drive Advanced ESG Implementation

The findings of Wave 1 of the METAVASEA survey, conducted by HELMEPA, indicate that the Eastern Mediterranean maritime sector is demonstrating growing awareness and...

Freight Rates Slide as Charter Costs Soar and Capacity Cuts Stall

Freight Rates Continue Freefall Despite Port Congestion. US Tariffs Add Pressure on Container Volumes. Operating Margins Slip Below Breakeven on Key Routes. Extreme weather...

Unifeeder And Portchain Partner To Enhance Operational Efficiency

Unifeeder has announced a strategic partnership with Portchain to optimize port call operations and reduce inefficiencies. By adopting Portchain Connect, the two organizations aim...

Scorpio Tankers Sells Two LR2 Product Tankers Amid Rising Secondary Market...

New York-listed Scorpio Tankers has announced the sale of two of its LR2 product tankers, STI Lobelia and STI Lavender, for $61.2m each. The...