HD Hyundai Mipo Lands $159m Deal for Boxship Trio
HD Hyundai Mipo Dockyard Co. has secured a 222.4 billion-won (US$159 million) order to build three feeder container ships for a shipper in the...
[Watch] UNCTAD Press Conference: Review of Maritime Transport
Global maritime transport is facing growing uncertainty, volatility, and higher costs while growth in maritime trade is slowing down, UN Trade and Development (UNCTAD)...
Columbia Group CEO Urges Caution on Alternative Fuel Adoption
Alternative Fuel Adoption Slower Than Expected, Says Columbia CEO.
Columbia CEO Urges Gradual Approach to Crew Training for Alternative Fuels.
Mark O’Neil Highlights...
Greece Urges Coordinated Action for Maritime Security at UNGA
Greece Highlights Freedom of Navigation as Security Priority.
UNGA Event Stresses Global Cooperation in Maritime Security.
Greece Showcases State-Private Collaboration in Shipping Safety.
During...
NYK Expands Partnership with Neptune Robotics to Cut Emissions
NYK, Neptune Scale Robotic Cleaning to Cut Fuel Use and Emissions.
NYK Joins Neptune’s Global Push for Decarbonisation.
Robotics Boosts NYK Fleet Efficiency,...
India Opens ₹305 Crore Ship Technology Centre in Vizag
ISTC to boost indigenous ship design, research, and skills training.
Centre to act as a single-window provider for consultancy and policy inputs.
Shared...
Shandong Port Tightens Rules on Shadow Fleet and Aging Tankers
Fake IMO numbers and ships over 31 years old are to be barred.
Move follows U.S. scrutiny of nearby Dongjiakou terminal.
China defends...
Tanker Market Report Oil Glut Ahead
Analysts project a significant oil surplus next year, with estimates ranging from 1.7 mbd to over 3 mbd.
OPEC+ supply growth, limited demand...
Norway Backs Maritime AI Centre
Norwegian government designates the Norwegian Maritime AI Centre as a national research centre with $10m in funding over five years.
The centre, led...
2020 Bulkers Sells Three Newcastlemax Vessels for $209m
Oslo-listed 2020 Bulkers has agreed to sell three scrubber-fitted newcastlemax vessels for $209m, representing half of its fleet.
The company expects to book...
ClassNK Issues New Guidelines to Enhance Container Shipping Safety and Efficiency
ClassNK has released three updated guidelines covering weather-based route planning, anti-rolling devices, and container stowage standards.
The rules aim to prevent cargo collapse,...
NYK to Merge Keihin Dock and Yokohama Machinery
NYK will merge Keihin Dock, its shipbuilding arm, with Yokohama Machinery, a marine equipment sales company, effective October 1.
The integration consolidates shipbuilding,...
Auxiliary Boiler Malfunction Leading to Crew Injuries
This report is based on the safety investigation conducted by the Marine Safety Investigation Unit (MSIU) regarding a boiler furnace blowback incident that occurred...
LNG and LPG Markets Record Further Softening in Week 39
LNG spot rates declined across all major routes, with the steepest drop on the US Gulf–Japan corridor.
Time charter levels also moved lower,...
SSI Sets Clear Pathways for Shipping to Support Ocean Sustainability
SSI has launched the Marine Biodiversity & Ocean Health (MBOH) Guidebook to integrate biodiversity protection with decarbonization.
The guidebook sets biodiversity impact reduction...
Shipowners’ Club Issues Advisory on Sanctions and Security in Yemen
Sanctions risks remain high when trading with Ansarallah-controlled entities or ports, particularly involving petroleum products.
Vessel operators are urged to apply enhanced due...
Everllence Achieves Breakthrough with Ethanol-Fuelled Two-Stroke Engine
Everllence successfully operated a 90-bore ME-LGIM engine on ethanol at all load points in Japan.
The achievement expands the company’s proven methanol-burning engine...
Italian Coast Guard Detains High-Risk Bulk Carrier in Naples
The Italian Coast Guard in the port of Naples detained a Belize-flagged bulk carrier on September 22 following an extensive inspection that uncovered a...
Regional Tensions Escalate: Israeli Strike on Commercial Vessel in Yemen
Pakistan's Interior Minister Mohsin Naqvi said on Saturday that an Israeli drone attacked a petroleum gas (LPG) tanker at Yemen's Ras al-Esa port on...
Panamax Market Firms in Asia While Atlantic Shows Nervous Start
The Capesize market retained an overall firmer tone through the week, though momentum eased into the close.
Capesize Market Overview
The Capesize market maintained a firmer...





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