Tradepoint Terminals Expands Bulk Capacity with $35 Million Sparrows Point Project
Tradepoint Terminals is investing $35 million to modernize bulk cargo handling and expand storage at Sparrows Point.
The project introduces advanced conveyance systems...
GTT–HHI Collaboration Targets LNG Carrier Efficiency and Ergonomics
GTT and HD Hyundai Heavy Industries launched two JDPs to improve LNG carrier design and performance.
One project introduces a trapezoidal forward cargo...
Lloyd’s Register and China Cruises Develop Partnership to Propel China’s Cruise...
Lloyd’s Register partners with China Cruises to boost China’s independent large cruise ship development.
The collaboration focuses on advancing the cruise supply chain...
LNG Softens, LPG Gains Amid Nor-Shipping Lull
LNG rates eased in the Pacific, moved by weaker demand and limited activity during Nor-Shipping. Atlantic LNG routes showed mixed trends, with slight...
RINA Approves Dual-Fuel Ultramax Bulker Design with Hydrogen and LNG Propulsion
The new Ultramax bulker design from SDARI features dual-fuel LNG/hydrogen propulsion with hybrid-electric an d wind-assisted systems.
RINA granted Approval in Principle after...
France’s Largest Shore Power Installation Commissioned At Port Of Toulon
The Port of Toulon has successfully commissioned France’s largest shore power installation for ships, becoming fully operational since February 2025.
This state-of-the-art facility enables vessels...
Russia’s Oil Exports Surge As Urals Price Drop Opens Legal Routes
Russia’s seaborne crude exports surged in May 2025, reaching their highest levels since October 2024. Lower prices for Russia’s Urals crude, combined with increased...
Avikus And ZeroNorth Join Forces For Smarter, Safer Shipping
In a bold move toward maritime autonomy, technology leaders Avikus and ZeroNorth have partnered to launch an integrated solution that merges autonomous navigation with...
Ultramax Bulk Carrier Redesign Enables Greener Tech Integration
At Nor-Shipping 2025 in Norway, Lloyd’s Register (LR), HD Hyundai Mipo Dockyard (HMD), and PanOcean announced a Joint Development Project (JDP) for a new...
“Ban Substandard Ships,” Says NZ Safety Commission After Shiling Failures
New Zealand's Transport Accident Investigation Commission (TAIC) has urged the government to ban substandard ships from entering its waters. This follows a detailed investigation...
New MR Tanker Design With Forward Accommodation Gains Approval
At Nor-Shipping 2025, Lloyd’s Register (LR), HD Hyundai Mipo Dockyard (HMD), and the Liberian International Ship & Corporate Registry (LISCR) signed an Approval in...
Turbulence Ahead: Navigating 2025’s New Trade Uncertainty
Global shipping markets face volatility as the Baltic Dry Index and container freight rates decline amid weakening demand.
Geopolitical tensions and trade disputes...
NYK and MPA Collaborate on Autonomous Ship Technology
NYK collaborates with Singapore's Maritime and Port Authority (MPA) and MTI Co., Ltd. on port-to-port autonomous vessel trials.
Over 60 experts from industry...
NCFI: Freight Rates Ease Sharply to Europe Amid Capacity Recovery
The Ningbo Containerised Freight Index (NCFI), compiled weekly by the Ningbo Shipping Exchange and published by the Baltic Exchange, offers a snapshot of container...
Allseas Launches Ambitious Plan to Pioneer Nuclear Energy at Sea
Allseas to develop Small Modular Reactors (SMRs) for zero-emission power on offshore vessels and industrial clusters.
Five-year roadmap includes concept design, regulatory approval,...
Chinese Ship Runs Aground Off Pagasa Island
A grounding incident near Thitu Island amid stormy conditions sparked swift attention from the Filipino military and coast guard.
Philippine forces offered humanitarian...
Russia Boosts Oil Exports by 30% Via Shadow Fleet to Evade...
30% surge in Russian crude exports via non-G7 tankers as sanctions tighten.
Over 80% of seaborne crude now bypasses G7-owned, insured, or flagged...
Lloyd’s Register and Hyundai Develop Hybrid SOFC Propulsion for LNG Carriers
New MoU Signed to Develop High-Efficiency SOFC Hybrid Propulsion System.
Joint Development Project Targets Emissions Reduction and Operational Flexibility.
Lloyd’s Register to Provide...
Hong Kong Ship Recycling Rules Begin June 2025
Convention Applies to Ships 500 GT and Above on International Voyages.
New Ships Must Have an Approved Hazardous Materials Inventory at Delivery.
Existing...
Asia–U.S. Freight Rates Double as Shippers Rush Ahead of Tariffs
Shippers Accelerate Bookings Ahead of Tariff Deadline.
FBX01 Soars to $6,015/FEU from $2,770/FEU.
China to U.S. East Coast Rates Jump Over $3,000.
This week...
