CMA CGM Adopts Mistral AI Tech for Operations
CMA CGM Group and Mistral AI have entered into a five-year strategic partnership with an investment of €100 million to integrate generative AI...
HII and HD Hyundai Ink Strategic MoU
HII and HD Hyundai Heavy Industries (HHI), two of the world’s foremost shipbuilders, have signed an MoU to explore collaborative opportunities in defense...
Berge Bulk Acquires 7.3% Stake in U.S. Dry Bulk Shipping Firm...
Singapore-based Berge Bulk, through its investment arm Kibo Investment, has acquired a 7.3% stake in U.S.-listed dry bulk shipping firm Genco Shipping &...
Proposed Port Levies Threaten LNG and Coal Exports
The Trump administration is proposing a levy of up to $1.5 million per port call on Chinese-built ships entering U.S. ports.
The move...
Panama Uncovers Port Concession Irregularities Amid U.S.-China Canal Tensions
Panama’s comptroller audit reveals irregularities in the 25-year renewal of a port concession granted to a Hong Kong-based company.
The country may have...
Satellite Images Reveal New Oil Leaks from Sunken Kerch Strait Tankers
Reports indicate that new fuel oil leaks have been detected in the Kerch Strait from the Russian tankers that sank in December 2024. Ukraine's...
DOE Investigation Reveals Pipeline Leak Behind Johor Port Oil Spill
On Friday, April 4th, Malaysia's Department of Environment (DOE) announced the cause of the recent oil spill at the Tanjung Langsat Port Terminal in...
Sixth Car Carrier Joins BYD Fleet, Largest Ship Set for Maiden...
BYD (Build Your Dreams), the prominent Chinese manufacturer of new energy vehicles (NEVs), has increased its fleet of car carrier vessels to a total...
“Liberation Day” Tariffs Cast Shadow Over Tanker Rate Stability
On Wednesday, April 2nd, the widely discussed "Liberation Day" occurred, with US President Donald Trump enacting a 10% tariff on all imports from all...
IMM Secures Full Ownership of Hyundai LNG Shipping, Renewing Sale Speculation
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has now secured full ownership of Hyundai LNG Shipping, South Korea's leading operator...
Premier Alliance Service Begins at Hutchison Ports BEST with ONE Frontier...
On April 3rd, Hutchison Ports BEST, located at the Catalan terminal, welcomed the ONE Frontier. This vessel marks the first ship from the Premier...
Global Ship Recycling Update – Week 14, 2025
The global ship recycling market experienced a mix of developments during Week 14 of 2025. While India saw a rise in steel plate prices,...
Marsa Maroc And Boluda Towage France Secure 20-Year Towage Contract At...
A consortium formed by Marsa Maroc and Boluda Towage France has won a 20-year authorization to provide towage and assistance services at Nador West...
Fincantieri To Build Two Advanced Cruise Ships For AIDA Cruises
Fincantieri, one of the world’s largest shipbuilding groups, has announced a landmark agreement with Carnival Corporation & plc to design and construct two new...
NYK To Launch Methanol-Fuelled VLCC In Collaboration With Idemitsu Tanker
In a significant stride toward decarbonizing maritime transport, Nippon Yusen Kabushiki Kaisha (NYK) has concluded a contract for the construction and long-term charter of...
Panama Canal To Launch Bidding For New Energy Pipeline Project
The Panama Canal Board of Directors has officially approved the initiation of a bidding process for the development of a new energy pipeline, aimed...
Mundra Port Sets New Cargo Handling Record
Mundra Port Becomes First in India to Cross 200 MMT Cargo Mark.
India’s Port Sector Sets New Records with Mundra Leading the Way.
...
Smart Ports and Safer Ships: The Future of Maritime Trade
Automated cargo handling increases productivity and reduces processing time.
Smart clothing and AI-driven vehicles are being tested to boost worker safety.
KT’s IoT-enabled...
Legal Battle Begins After North Sea Collision
Admiralty Court Sees Cross-Claims After North Sea Vessel Crash.
Owners of Vessels File Suit Over Jet Fuel Spill and Fatal Collision.
Investigation Points...
Fujairah Port Chief Warns Tariff Fallout May Take a Year to...
Fujairah to Add Jetties by 2027, No Mandate for Mass-Flow Meters.
Crude-Linked Bunker Rates Drop as Fujairah Charts Long-Term Plan.
Global Trade Uncertainty...