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...
EPS And DHE Partner To Enhance LNG Fuel Efficiency
Eastern Pacific Shipping (EPS) and DongHwa Entec (DHE) are partnering to develop and install a High-Pressure (HP) Compressor for an 18,000 TEU LNG-fueled container...
WMU Launches Food4Seafarers Project To Improve Seafarer Nutrition And Catering
The World Maritime University (WMU), with funding from the ITF Seafarers Trust, has launched "Food4Seafarers." This new research project aims to tackle the ongoing...
MAN Engines Ordered for OSV Supporting Canadian Offshore Operations
CRIST S.A. Shipyard in Poland has ordered six MAN 12V175D variable-speed gensets for an Offshore Support Vessel (OSV) being built for DOF.
The...
Lloyd’s Register and Fugro Enhance USV Certification with Block Fee Agreement
Lloyd’s Register (LR) and Fugro have introduced a block fee agreement to streamline the certification and maintenance of Fugro’s expanding fleet of uncrewed...
Ships and Crew at Risk in Drug Hotspots
Seafarers face severe legal consequences, including extreme prison sentences, if drugs are found on their vessel in certain ports.
Some legal systems assume...
U.S. Imports Decline as Chinese Vessel Fees Disrupt Supply Chain
U.S. container ports expect strong import growth through spring 2025, followed by a summer decline.
Proposed fees on Chinese-built vessels may reshape port...
Triton International To Acquire Global Container International In $1 Billion Deal
Boston-based Global Container International LLC (GCI), a leading marine intermodal container lessor, has announced its acquisition by Triton International Limited in a deal valued...
Emerging Two-Tier Market As U.S. Considers Penalizing Chinese-Built Ships
Anticipation of Donald Trump’s potential restrictions on Chinese-built vessels is reshaping the shipping market, with early signs of a two-tier system forming.
Chinese Ships Losing...
Deflation Concerns Grow as China’s CPI Falls 0.7% in February
China’s consumer price index (CPI) fell 0.7% year-on-year in February, missing expectations, while producer prices dropped 2.2%.
Discount stores are becoming more popular,...
ReCAAP ISC Reports One Armed Robbery Incident In Singapore Strait
Between 4-10 March 2025, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP ISC) recorded one armed robbery...
