Tanker Markets Feel Downward Pressure from Oil Price Collapse and Tariff...
The recent turmoil in global financial markets has exerted significant downward pressure on oil prices, reaching levels not witnessed since the COVID-19 pandemic. The...
Concerning Increase in Unsafe Pilot Boarding Arrangements Reported
Recent reports have highlighted a concerning upward trend in vessels arriving with unsafe pilot boarding arrangements. These arrangements are frequently found to be non-compliant...
Anxiety Grips Indian Sub-Continent Ship Recycling Amid Tariff Volatility
According to GMS’ latest report, the Indian sub-continent ship recycling destinations are currently experiencing a state of anxiety and uncertainty. This apprehension stems from...
GTI, JNPA, and VPPL Partner for Port Sector Skill Development Program
Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has entered into a Memorandum of Understanding (MOU) with the Jawaharlal Nehru Port Authority...
EMF and Atlas Maritime Successfully Sell LNG-Powered Electric Star PCTC
European Maritime Finance (EMF), in collaboration with Atlas Maritime, has completed the sale of the Electric Star, a dual-fuel LNG Pure Car Truck...
U-Ming Marine Orders Two 180,000DWT Bulk Carriers from CSSC Beihai
U-Ming has contracted CSSC Beihai Shipbuilding to build two new 180,000DWT bulk carriers.
The vessels will feature advanced fuel efficiency and meet the...
Port of Rotterdam Advances Ammonia Bunkering with New Pilot
On 12 April 2025, Trammo, OCI, and James Fisher Fendercare conducted a successful ammonia ship-to-ship bunkering pilot in the Port of Rotterdam.
800...
Cosco Reports Robust Q1 2025 Performance with Soaring Profits
Cosco Shipping Holdings reported an EBIT of $2.3 billion in Q1 2025, up 66% year-on-year.
Net profit is projected at $1.8 billion, marking...
Lloyd’s Register Approves GTT’s Mark III for NH3-Ready Status
Lloyd’s Register has granted Approval in Principle (AiP) to GTT for its ‘NH₃-Ready’ Mark III containment system.
The AiP covers LNG-fuelled vessels, LNG...
Port Of Los Angeles Sees Strong First Quarter With 5.2% Growth...
The Port of Los Angeles reported a solid first quarter, processing a total of 2,504,049 Twenty-Foot Equivalent Units (TEUs), marking a 5.2% increase over...
CMB.TECH And Fortescue Sign Landmark Deal For Ammonia-Powered Newcastlemax Vessel
CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) and global green energy company Fortescue have signed a pivotal agreement for the charter of a 210,000-deadweight...
ABS Honored With Dual Safety Awards From National Safety Council For...
The American Bureau of Shipping (ABS) has been recognized by the National Safety Council (NSC) with two prestigious safety awards, acknowledging its outstanding commitment...
IAPH Applauds IMO Agreement On Global Net-Zero Framework For Shipping
The International Association of Ports and Harbors (IAPH) has welcomed the landmark agreement reached last Friday at the United Nations’ International Maritime Organization (IMO),...
Global Market Slowdown Drives 26% Drop In Dry Bulk Newbuild Orders
Global economic uncertainty and a cooling shipping market have triggered a 26% year-on-year decline in newbuild orders for dry bulk vessels, according to Hongbeom...
Climate Change: Navigating the Rising Risks of Droughts & Flooding
Rising Risks from Climate Extremes: Droughts and flooding, intensified by climate change, are disrupting maritime operations and infrastructure globally.
Impact on Ports and...
OOCL Q1 Soars with Higher Volumes and Notable Revenue
Orient Overseas Container Line (OOCL), a subsidiary of COSCO Shipping Holdings, has announced impressive financial and operational results for the first quarter of 2025,...
American Club: Protecting Vessels and Cargo During Heavy Weather
The American Club has issued guidance on protecting vessels and cargo to prevent claims due to hazardous and heavy weather, reports Safety4sea.
What’s “heavy weather”...
DP World Mundra Hits 1.4M TEUs with 13% Surge
DP World Mundra achieved a 13% year-on-year increase in container throughput, handling 1.4 million TEUs in FY24-25.
In March 2025, the terminal set...
Piraeus Port Raises Waste Management Services Fee by 12.66%
Piraeus Port Authority S.A. (PPA SA) has announced the adjustment of fees and tariffs for the provision of ship-generated liquid waste management services, reports...
[Podcast] The MEPC Post-Mortem
In April 2025, the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) achieved a historic milestone by voting 63–16 in favor of implementing...