Thetius Highlights the Necessity of Designing a Cyber-Secure Vessel

Cybersecurity threats in the maritime industry are evolving, with ransom payment trends declining, but vulnerabilities persist due to inconsistent implementation of security measures. ...

Algoma Central Adds Three New Vessels in a Landmark Week

Algoma achieved a historic milestone, delivering three vessels from different countries in one week. Since 2013, Algoma has built 23 vessels, with 12...

Denmark Seeks IMO Council Re-Election, Sets Key Priorities

Denmark seeks re-election to the IMO Council (2026-2027) to advance maritime safety, governance, and sustainability. Key priorities include strengthening safety, addressing emerging risks,...

Lessons Learned: Serious Leg Injury During Crane Operations

The UK Marine Accident Investigation Branch (MAIB) published Accident Investigation Report 11/2024 into an incident where a crew person was seriously injured while operating...

Triton Acquires Global Container International

Triton International Limited has entered into an agreement to acquire Global Container International LLC (GCI), reports and official release. The transaction is subject to customary...

LR & Prodigy Collaborate on Transportable Nuclear Power Plants

Prodigy Clean Energy and Lloyd’s Register team up on transportable nuclear power plants with Canadian government support. The project aims to deploy small...

Yang Ming Records US$2B in Annual Net Profit

Yang Ming posted US$6.94 billion in revenue and US$2 billion in net profit. The company declared a cash dividend of NT$7.5 per share. ...

COSCO Shipping Sets Biofuel Bunkering Record in Asia

COSCO ASIA and NEW LOS ANGELES set new records with B24 biofuel. B24 biofuel cuts carbon emissions by 20%. COSCO SHIPPING leads in...

[Podcast] European Shipping: Renaissance or Crisis?

Lloyd’s List editor-in-chief Richard Meade asks two experts about the future of European shipping as it sits at a crossroads. Lloyd's List · Is European...

Asia’s Low Sulfur Fuel Oil Margins Plunge to 19-Month Lows

Refining Margins Under Pressure as Supplies Surge, Demand Slumps. Singapore’s Marine Fuel Crack Spread Hits Multi-Year Lows. Weak Seasonal Demand Weighs on LSFO...

Preventing Hydraulic Oil Spills Onboard Ships: Risks and Best Practices

Hydraulic System Failures Can Lead to Costly Oil Spills and Fines. Ship Design Can Help Eliminate Hydraulic Oil Spill Risks. Identifying rust patches,...

Capesize Freight Rates Rebound as Vessel Supply Tightens

Brazil-to-North China Capesize Rates Surge Past $20 Per Tonne. Iron Ore Shipments to China Start 2024 on a Weaker Note. China’s Economic Uncertainty...

European Hydrogen Bank’s Second Auction Attracts Strong Industry Interest

€4.8 Billion in Bids Submitted for the EU Hydrogen Auction, Exceeding Available Budget. 61 Projects Compete for €1.2 Billion in Renewable Hydrogen Funding. ...

Yemeni Armed Forces Ban Israeli Ships from Key Maritime Routes

Houthis Enforce Shipping Ban on Israeli Vessels Amid Gaza Crisis. Israeli Ships Blocked from the Red Sea, Gulf of Aden, and Arabian Sea. ...

HD Hyundai’s HiMSEN-Zero Engine Wins iF Design Award 2025

HD Hyundai Heavy Industries’ HiMSEN-Zero Engine wins the iF Design Award 2025 in the Product Concept category. Recognized for innovative design, eco-friendly sustainability,...

Seaspan to Build Made-In-Canada Heavy Polar Icebreaker

Seaspan Shipyards awarded contract to build a heavy polar icebreaker for the Canadian Coast Guard (CCG). First polar icebreaker to be built in...

Burning Ship to Stay Afloat Near UK as Police Make Arrest

A container ship struck an oil tanker on Monday, causing explosions and leading to the abandonment of both vessels by their crews. One crew...

Gdansk’s Baltic Hub T3 Reaches Milestone with Equipment And Safety Upgrades

Baltic Hub in Gdansk has finished installing all necessary equipment for the main quay of its new T3 container terminal, including the complete STS...

VLCC Market Shows Signs Of Stabilization Amid Weak Global Oil Demand

The VLCC market seemed to stabilize in early March, with shipowners feeling more optimistic about a potential rebound. This was initially driven by increased...

Gard Highlights Increasing Incidents Of Hazardous Cargo Leaks From Containers

Gard is observing a worrying trend of leaks from containers carrying hazardous cargo. These incidents pose significant safety and environmental risks. Both crew members...