Cerberus Expresses Interest in Darwin Port While Australia Pursues Local Control
Cerberus Capital Management has expressed interest in acquiring the lease for Darwin Port.
The Australian government is actively pursuing local buyers, managing the...
Technip Energies Appointed to Restart Vasilikos LNG Terminal Construction
Technip Energies begins on-site management at the dormant Vasilikos LNG terminal, focusing first on assessing the current project status and starting contractor tenders.
...
Drewry: Intra-Asia Container Index Remain Stable
The Intra-Asia Container Index (IACI) held nearly flat at $655 per 40ft container as of May 30, 2025.
Year-over-year, the index is up...
EU Ships Emit More Arctic Soot Than Expected, Study Reveals
Black carbon, typically produced by incomplete combustion in marine engines, contributes to global warming and is linked to health impacts.
It is considered...
Veson Nautical Launches AI-Powered Claims Management
AI-driven automation transforms maritime claims workflows
Reduces manual document review and increases accuracy
Fully integrated with the IMOS Platform for end-to-end efficiency
Veson Nautical...
HD Hyundai Samho Lands $280M Container Ship Deal in Oceania
HD Hyundai Samho Heavy Industries Co., a South Korean shipbuilder, has secured a 386.8 billion-won (US$280 million) order to build two container carriers for...
Drewry: 8% of East-West Sailings Cancelled Amid Tariff Uncertainty
56 sailings cancelled across key East-West routes between 2 June and 6 July.
Transpacific Eastbound to see the highest impact.
Gemini leads in...
U.S. Port Uncertainty Heightens Challenges for Seafarers
Seafarers fear disembarking in the U.S. due to immigration uncertainties.
Industry leaders voice concerns over tariffs, declining cargo volumes, and regulatory volatility.
The...
Greek Shipping Dominates 2025 ESG Shipping Awards
Greek companies claimed 7 of 10 gold awards at the ESG Shipping Awards International.
Winners included Latsco, Tsakos Group, Star Bulk, and others.
...
Skipper Injured as Sailboat Caught in Tanker Wake at Lock
A training sailboat was caught in turbulent wake while entering a lock in Germany.
The vessel collided with a secured tanker, breaking its...
Dutch Safety Board Demands Urgent Reforms After Deadly Cargo Ship Fire
An independent Dutch safety watchdog, the Dutch Safety Board (DSB), issued a scathing report on Thursday, May 29, 2025, stating that protocols for responding...
JSW Jaigarh Port Authority Issues Strict Mooring and Anchoring SOP for...
The JSW Jaigarh Port Authority in India has indeed issued a circular outlining the Standing Operating Procedure (SOP) for vessels mooring and anchoring during...
Environmentally Advanced Tanker LETTIE PG Enters Service Under Isle of Man...
A newly built, environmentally advanced tanker, the LETTIE PG, has officially entered service under the Isle of Man flag. This vessel marks a significant...
Russian Attacks, Houthi Blockade, and Baltic Stand-Off Reshape Maritime Risk Landscape
The maritime security landscape witnessed a dramatic escalation this week with one of the largest coordinated strikes on Ukraine’s port infrastructure since the onset...
VLCC Freight Market Faces Downward Pressure Amid Weakened Demand and Ample...
At the end of the third week of May 2025, the persistent downward pressure on VLCC (Very Large Crude Carrier) freight market sentiment on...
Mexico Initiates National Action Plan to Support Maritime Decarbonization
Mexico has started developing its National Action Plan for maritime decarbonization with broad participation from government, ports, industry, and civil society.
The plan...
Maritime Unions Urge Policy Reforms as Merchant Fleets Shrink Across NATO...
The US Merchant Marine has gradually shrunk since the 1950s and 1960s due to competitiveness problems and lack of a clear national maritime...
ABS Consulting Expert Calls for Stronger Cybersecurity to Protect Maritime Operations...
Michael DeVolld and other experts emphasized the growing cyber threats to the maritime industry and the urgent need for strong cybersecurity measures.
New...
Wärtsilä Ammonia Engine Cuts GHG Emissions by Up to 90%
Wärtsilä has improved its 4-stroke ammonia engine, achieving up to a 90% reduction in greenhouse gas emissions compared to diesel engines.
The Wärtsilä...
DeepSeek Quietly Updates R1 AI Model Amid Anticipation for Next-Gen Tech
DeepSeek released a minor update to its R1 reasoning model (R1-0528), now available on its chatbot platforms and Hugging Face, though specific changes...
