Hong Kong Convention Impacts South Asian Ship Recycling Yards
The Hong Kong Convention officially came into force on June 26, marking a major regulatory shift for global ship recycling.
GMS highlights that...
Norse Ship Management Expands Global Fleet with MV Viking Orca and...
Norse Ship Management assumed management of MV Viking Orca and MV Kraken in June 2025.
The move enhances the company’s global service portfolio...
U.S. Tariff Delays Disrupt Supply Chains and Freight Rates
U.S. tariff delays are causing global trade uncertainty, prompting importers to adjust supply chains.
Importers are using bonded warehouses and rerouting through Southeast...
Sunken Fortune Found: 300-Year-Old Pirate Plunder Ship Rediscovered
Beneath the turquoise waters off Madagascar, a centuries-old mystery has finally surfaced. Marine archaeologists have uncovered the remains of a legendary treasure ship—once seized...
Red Sea Disruptions Reshape Global Bunker Demand
Global bunker fuel demand is surging as vessels avoid the Red Sea.
Major ports like Singapore, Fujairah, and Rotterdam report spikes in marine...
Trade Deals on the Horizon as Trump Delays Tariff Deadline
The U.S. is close to finalizing several trade agreements, with announcements expected soon.
President Trump will notify countries of increased tariffs by July...
World’s Largest Solar Car Carrier Unloads 4,000 Vehicles in Greece
World's largest solar-powered car carrier completes its maiden voyage with 4,000 vehicles onboard.
The vessel reduces lifecycle carbon intensity by 35%, saving over...
Houthis Claim First Ship Sinking This Year in Red Sea Attack
First Houthi Red Sea attack of 2025 disrupts six months of maritime calm.
Damaged cargo ship at risk of sinking after explosive-laden boat...
Hanwha Eyes U.S. Flag for Korean-Built LNG Carriers
Hanwha plans to reflag Korean-built LNG carriers under the U.S. flag.
The move aligns with recent U.S. regulatory changes promoting American-flagged vessels.
Hanwha...
IMO Chief Opens Council with Condolences and Call for Reform
Dominguez Mourns Maritime Tragedies, Urges Global Cooperation.
IMO Condemns Attacks on Shipping, Cites Red Sea and Black Sea Incidents.
Secretary-General Highlights Seafarer Safety...
Dubai Enforces AIS Use for All Vessels at Port Entry and...
DPA Mandates Continuous AIS Operation Across All Vessel Types.
Strict AIS Compliance Required at All Dubai Ports.
Non-Compliance with AIS Rules May Lead...
Dry Bulk Market Holds Steady Without Clear Momentum
Summer Gathering Marked by Cautious Sentiment.
Freight Rates Higher Than 2023, But Momentum Missing.
No Catalyst Yet for a Late-Year Rally.
As the Hellenic...
Crew Rescued After Drone and Missile Attack in Red Sea
Red Sea Assault Forces Crew to Abandon Bulk Carrier.
Maritime Attack Mirrors Houthi Tactics, Says Security Firm.
Fire and Flooding Hit Vessel After...
Tanker Crewman Jailed for Modifying Mask Linked to Colleague’s Death
Improper SCBA Mask Alteration Leads to Fatal Exposure.
Pump Master Jailed After Unsafe Mask Modification Causes Death.
Tanker Worker Suffocates in Naphtha Tank...
Seatrium Deepens Partnership with Karpowership’s Kinetics
Singapore-based Seatrium Limited (the Group) has announced that it has secured a contract for the conversion of a Floating Storage Regasification Unit (FSRU) from...
Fire Erupts Aboard Decommissioned Supertanker at Aliağa Port
On Thursday, July 3, 2025, a fire broke out aboard the decommissioned supertanker while it was undergoing dismantling at the Simsekler shipbreaking yard in...
Panama Canal Sees 30% Increase in Transits, Plans Water Sustainability and...
During his keynote address at the 10th International Financial Summit, Minister for Canal Affairs José Ramón Icaza provided a comprehensive overview of the Panama...
Volatile First Half of 2025: US Policy, Sanctions, and War Shape...
The return of President Trump triggered a wave of trade and geopolitical tensions impacting global tanker dynamics.
Sanctions on Russia, Venezuela, and Iran...
Despite Voluntary Cuts Unwinding, OPEC-8 Crude Exports Lag Expectations as Global...
Global crude and condensate exports have demonstrated a consistent upward trend since September of last year, a surge primarily propelled by an increase in...
Hansalink 3 Project to Electrify Ports of Helsinki and Lübeck-Travemünde
The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, an initiative specifically designed to enhance the vital maritime...
