Seatransport and Deployable Energy Partner with LR on Nuclear Power for...
Nuclear Power to Fuel Amphibious Vessels for Remote Disaster Relief.
CMA CGM Expands with Nuclear Technology for Maritime Emergency Response.
Lloyd’s Register Leads...
CMA CGM Expands in Egypt with Stake in October Dry Port
CMA CGM Strengthens Egypt's Presence Through Strategic Dry Port Investment.
CMA CGM Partners in Egypt’s October Dry Port to Enhance Logistics Network.
New...
LNG and LPG Markets Face Downturn as Rates Drop
Sabine–Tokyo Route Defies Trend with Gains.
Long-Term LNG Charters Slide Slightly.
LPG Freight Rates Crash Following U.S. Tariffs.
The LNG market experienced mild weakening...
Major Fire Breaks Out on Cargo Vessel in North Kent
Ten Fire Engines Battle Early Morning Blaze in Gravesend.
Firefighters Tackle Large Vessel Fire in Gravesend.
No Injuries Reported After Cargo Vessel Fire...
Redelivery Breach Without Loss Yields Only Nominal Damages
Only Nominal Damages for Shipowners When MOAs Block Further Fixtures.
MOAs Preventing Re-Chartering Nullify Substantial Damages Claim.
Charterer Breach Without Owner Loss: Court...
Acting President Trump Orders Immediate Tariff Talks with S. Korea, Japan,...
Acting President Han Duck-soo confirmed that President Trump has directed his administration to begin immediate tariff talks with South Korea, Japan, and India.
...
Rise in Aframax Shipments to Far East
March 2025 Aframax Voyages to the Far East surged by 41.94% month-on-month, driven by geopolitical tensions and falling crude prices.
Q1 2025 Aframax...
Vertom Unveils Eighth Eco Ship
Dutch shortsea shipping company Vertom Group launched Vertom Joyce, the eighth diesel-electric vessel in its LABRAX series, on April 10 at Thecla Bodewes...
Union Maritime Launches First Wind-Assisted Vessel “Buran” to Lead Global Decarbonization...
Union Maritime has launched Buran, its first wind-assisted ship equipped with Norsepower Rotor Sails™, initiating Project AeroPower and aiming to build the world’s...
IMO Climate Talks Lack Ambition, but Global South Rises as Key...
The International Maritime Organization (IMO) concluded its recent meeting with a climate strategy outcome that was widely criticized as lacking ambition.
The proposed...
Panama Canal Reports Lower Vessel Transits in March Despite Lifted Restrictions
The Panama Canal Authority (ACP) reported in a bulletin that the average number of vessels transiting the waterway in March 2025 fell to 33.7...
Kongsberg Discovery Transforms Historic Ship for Ambitious One Ocean Expedition
Kongsberg Discovery has played a crucial role in transforming the 111-year-old, three-masted sailing ship Statsraad Lehmkuhl into a cutting-edge research vessel. This conversion was...
Capesize Weakens on Tariff Concerns, Panamax Faces Pressure
The Capesize market experienced a challenging week, facing headwinds from broader macroeconomic pressures, notably the escalating US-China tariff tensions, which significantly dampened market sentiment....
MEG LR2 Leads Tanker Market Downturn, Suezmax Bucks Trend with Rate...
This week has seen a gradual softening in the MEG (Middle East Gulf) LR2 (Long Range 2) tanker market. The TC1 index for 75,000-tonne...
MOL and Tokyo LNG Tanker Partner on Wind-Assisted LNG Carrier
Mitsui O.S.K. Lines, Ltd. (MOL) has announced an agreement with Tokyo LNG Tanker Co., Ltd. (TLT), a subsidiary of Tokyo Gas Co., Ltd., to...
Addressing the Evolving Stowaway Challenge for Ship Owners in Africa
Ship owners are strongly interested in preventing stowaways from boarding their vessels. Unfortunately, despite efforts to enhance port security, boarding vessels while they are...
U.S. Sanctions Target Iranian Oil Smuggling Network Led By UAE Shipping...
In a major enforcement move, the U.S. Department of the Treasury and the Department of State have imposed sweeping sanctions on a complex maritime...
Asuka III Delivered By Meyer Werft A New Era Of Energy-Efficient...
Marking a major step toward sustainable cruising, Meyer Werft officially handed over the Asuka III to NYK Cruises on April 10, 2025, following successful...
Yumeshima Container Terminal Launches AI-Powered Gate System To Streamline Cargo Operations...
In a significant boost to port logistics efficiency, Mitsubishi Logisnext Co., Ltd., a member of the Mitsubishi Heavy Industries Group, has launched a next-generation...
World Shipping Council Applauds Historic IMO Agreement On Shipping Decarbonization
The World Shipping Council (WSC) has hailed a groundbreaking agreement reached today at the International Maritime Organization (IMO) as a pivotal step toward global...
