Mitsubishi Shipbuilding And Elomatic Sign Framework Agreement
At Nor-Shipping 2025 in Oslo, Mitsubishi Shipbuilding, part of the Mitsubishi Heavy Industries (MHI) Group, signed a Framework Agreement with Finnish engineering firm Elomatic...
Purus Orders 180,000 cbm Dual-Fuel LNG Carrier from Hyundai
Order placed: 180,000 cbm LNG Carrier from Hyundai Heavy Industries
Delivery: Q4 2027 under a long-term charter
Fleet growth: 10 LNG carriers now...
U.S. Targets Ethane Exports as China Curbs Rare Earths
The Trump administration moves to restrict ethane exports to China, threatening global plastics manufacturing supply chains.
The decision follows China's curbs on rare...
Shipping Needs to Adjust to Persistent US-China Trade Strains: Industry Leaders
Trade tensions between the US and China are expected to persist beyond the Trump era.
US tariffs and port fees are impacting shipping...
USCG Warns of Fire Safety Risks on Towing Vessels
Fire Detection Systems Not Rated for Marine Use Raise Alarm.
Coast Guard Warns of Gaps in Fire Safety Certification.
Non-Type-Approved Fire Systems May...
World Container Index Surges as US Tariff Pause Reignites Trade Flows
Shanghai–LA Freight Rates Soar 117 Per cent in Four Weeks.
Transpacific Volumes Recover After Trump’s Tariff Pause.
Drewry Warns of Rate Decline in...
Ukraine Seeks to Hold Russian Captain Accountable for Major Oil Spill...
Massive Fuel Oil Spill Causes Environmental Damage in Ukraine
Russian Captain Accused of Causing Oil Spill in Ukrainian Waters
Ukraine Launches Investigation into...
MAN Energy Solutions Rebrands Globally as Everllence
Everllence Launch Marks Shift Toward Zero-Carbon Industry.
Everllence Unveiled as MAN Energy Solutions Embraces Green Future.
Everllence Debuts with Focus on Decarbonization and...
UK Shipping Supports Over 728,000 Jobs Nationwide
Shipping Industry Adds £46.2 Billion to UK Economy.
One Vessel Arrives Every Five Minutes at UK Ports.
Shipping Grows 7% Annually—Fastest Among Transport...
ReCAAP Reports Week of Armed Robberies, Philippine Coast Guard Lowers Abduction...
Over the past week, from May 27 to June 3, 2025, the ReCAAP Information Sharing Centre (ISC) reported six incidents of armed robbery against...
Panama Canal Thrives with Record Neo Sub-Panamax Transits as Suez Canal...
The announcement that Neo Sub-Panamax Container Ships have crossed the Panama Canal in record numbers, with over 1200 crossings in both directions during the...
Maersk’s Green Methanol Containership Fleet is Now Complete
Danish shipping and logistics giant A.P. Moller – Maersk has officially completed the delivery of the world's first series of large dual-fuel methanol container...
Chinese Nationals Accused of Smuggling ‘Dangerous Biological Pathogen’ into US
Two Chinese nationals, Yunqing Jian, 33, and Zunyong Liu, 34, have been formally accused of smuggling a fungus described by U.S. officials as a...
Capesize Demand Underpinned by Healthy WA Volumes, Panamax Stable, Supramax Soft
On the West Australia side, the indication of healthy volumes from both miners and operators for loadings from June 20th onwards suggests a strong...
VLCC Market Hits Rock Bottom, Aframaxes Earn More on USG/Transatlantic Runs
The situation in the VLCC (Very Large Crude Carrier) freight market has indeed deteriorated significantly in the past week, presenting a dire picture for...
Brunvoll Secures Record Deal for 45 Thrusters
Brunvoll has signed its largest contract to date with Samsung Heavy Industries for the supply of 45 thrusters and advanced control systems across...
Hamburg Port and ONE Ink Shore Power Supply Deal for Container...
At the Transport Logistic 2025 trade fair in Munich, Hamburg authorities and Ocean Network Express (ONE) signed an agreement securing the future use...
Prysmian Monna Lisa Named Ship of the Year 2025
Prysmian and VARD’s state-of-the-art cable-laying vessel Prysmian Monna Lisa has been awarded Ship of the Year 2025 by Norwegian maritime magazine Skipsrevyen.
Designed...
TOP Ships to Spin Off Two Suezmax Tankers into New Public...
TOP Ships Inc. plans to spin off two of its Suezmax tanker vessels—M/T Eco Malibu and M/T Eco West Coast—into a new, independent...
North Korea Salvages Capsized Destroyer
Satellite imagery reveals North Korea has successfully righted its capsized Choe Hyun-class warship at Chongjin Shipyard, following a failed launch on May 21...
