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...
Houthi Attacks Raise Insurance Costs, but Shipping Traffic Holds Steady
War risk insurance premiums for Red Sea transits have more than doubled following fatal Houthi attacks on Greek vessels.
Despite the spike in...
ReCAAP ISC Urges Heightened Vigilance and Increased Patrols Amidst Escalating Maritime...
Over the past week, from July 1 to July 7, 2025, the ReCAAP Information Sharing Centre (ISC) received reports of a total of 11...
How the Maritime Industry can Address Alarm Fatigue
The pervasive "Beep. Beep. Beep." of alarm systems has become an "unrelenting soundtrack" for bridge officers and control room engineers on modern ships, often...
COSCO SHIPPING YANGPU Sets Sail: Pioneering Green Methanol Application
The COSCO SHIPPING YANGPU, heralded as China's first domestically built methanol dual-fuel containership, completed its maiden voyage to the Port of Yangpu in Hainan...
Capesize Collapse and Looming Iron Ore Oversupply Signal Tougher Times Ahead
The global dry bulk shipping market is currently experiencing a downturn, primarily due to a sharp and unexpected collapse in Capesize rates in the...
Dryad Global Report Details Complex and Shifting Maritime Security Risks Across...
Dryad Global's latest Maritime Intelligence Brief confirms that the global maritime landscape remains highly volatile, driven by ongoing geopolitical tensions and regional instabilities. The...
Seabound Pilots Modular System Aiming for 95% Emissions Reduction on Existing...
The shipping industry faces a formidable challenge in decarbonization, often classified as a "hard-to-abate" sector due to its heavy reliance on fossil fuels and...
Integrated Maritime Simulation Project Selected for K Program
A major industry-academic consortium led by MTI Co., Ltd. has launched a five-year project to create a next-generation Integrated Simulation Platform for ship...
Anemoi Opens Cutting‑Edge Rotor Sail Production Facility
Anemoi Marine Technologies has launched a state-of-the-art Rotor Sail production hub in Jingjiang City, China, with a capacity of up to 250 units...
U.S. Unveils Major Shipbuilding Revamp Under OBBBA Amid Trade Tensions
The U.S. has launched the One Big Beautiful Bill Act (OBBBA), allocating billions to modernize shipbuilding, boost domestic manufacturing, and reduce reliance on...
ABB And Royal Caribbean Group Sign 15-Year Deal To Optimize Cruise...
ABB has signed a 15-year service agreement with Royal Caribbean Group, strengthening their nearly 30-year partnership. The agreement covers 33 ships in Royal Caribbean’s...
EDGE And DNV Collaborate On Zero-Emission Liquid Hydrogen Carrier Development
EDGE Navigation is developing a next-generation liquid hydrogen (LH2) carrier in collaboration with DNV and its selected shipyard, aiming to revolutionize short-sea hydrogen transport...
IACS Council Advances Safe Decarbonization, Digitalization, And Governance Frameworks
The 91st meeting of the International Association of Classification Societies (IACS) Council, held in Beijing, showcased significant progress in decarbonization, digital transformation, and enhanced...
Egypt’s Second Sokhna Container Terminal To Launch By End Of 2025
Egypt’s logistics and trade infrastructure is set for a significant upgrade as the Red Sea Container Terminals (RSCT) — a state-of-the-art, fully automated container...
Maritime Singapore Achieves Key Milestones In 2024 Amid Global Supply Chain...
Despite global challenges, Maritime Singapore recorded an impressive performance in 2024. The Maritime and Port Authority of Singapore (MPA) released its annual report highlighting...
Global Liner Schedule Reliability Surges Sea-Intelligence Report
The latest Global Liner Performance (GLP) Report by Sea-Intelligence (Issue 166) highlights a notable 7.4 percentage point month-on-month (M/M) increase in schedule reliability for...