Bulk Carrier Medi Giannutri Rescues Two Sailors In Pacific Ocean
Recently, Medi Giannutri, a bulk carrier operated by NYK, successfully rescued two sailors from a disabled sailboat in the Pacific Ocean, responding to an...
New IMO Guidelines Aim To Reduce Underwater Radiated Noise From Ships
With growing global concern over the impact of underwater radiated noise (URN) on marine ecosystems, the IMO’s Marine Environment Protection Committee (MEPC) has released...
Maersk And Saudi Post Join Forces To Power eCommerce Logistics In...
Maersk Saudi Arabia and Saudi Post Company (SPL) have signed a strategic Memorandum of Understanding (MoU) to establish a powerful logistics partnership.
The collaboration aims...
New SOLAS Regulations Set To Strengthen Safety Standards For Lifting Appliances...
A new SOLAS regulation, supported by IMO MSC.1/Circ.1663 guidelines, outlines stricter safety and certification requirements for lifting appliances used on ships.
The amendments, effective from...
ABS-Led Group Plans Floating Nuclear Energy for Ports
ABS, CORE POWER, and Athlos Energy have announced a new consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) to serve...
Two Crew Members Charged In Fatal Maritime Collision Near Pedra Branca
Two men are facing charges under the Merchant Shipping Act following a deadly maritime collision off the coast of Singapore that resulted in one...
T. Parker Host Acquires Transmarine for U.S. Expansion
HOST Expands Nationwide with Transmarine Acquisition.
HOST Enters West Coast and Hawaii, Forms Coast-to-Coast Maritime Network.
T. Parker Host Strengthens U.S. Maritime Leadership...
Crude Oil Prices Stabilize as Inventories Offset Geopolitical Tensions
Crude Price Spike Softened by Rising Global Inventories.
Ceasefire and Stockpiles Limit Oil Market Impact of Conflict.
China Leads Stockpiling as Oil Prices...
Drewry WCI Declines as US Demand Weakens and Rate Volatility Looms
Container Rates Drop for Third Week as Imports Slow.
Transpacific Freight Rates Decline Sharply, Says Drewry.
Shanghai to US Spot Rates Fall Despite...
HMM to Expand Algeciras Terminal with €150 Million Investment
HMM Launches Major Expansion of Spanish Terminal TTIA.
HMM and CMA CGM Back €150 Million Algeciras Terminal Upgrade.
TTIA Expansion to Boost Capacity...
Germany and Sweden Target Shadow Fleet with New Baltic Rule
New Tanker Insurance Rule Hits Russian Shadow Fleet in the Baltic.
Baltic Crackdown Begins as Germany and Sweden Demand Tanker Insurance Proof.
Fehmarn...
Oil Drilling Vessel Incident in Gulf of Suez Prompts Rescue Response...
An oil-drilling ship capsized near Ras Ghareb in the Gulf of Suez, resulting in at least four confirmed deaths and four crew members...
Lessons Learned: Crew Injury During Mooring Due to Vessel Movement and...
The UK Marine Accident Investigation Branch (MAIB), through Safety Digest 1/2025, shared insights from recent marine incidents. The International Marine Contractors Association (IMCA) has...
Global Bunker Fuel Market to Hit $280 Billion as Low Sulfur...
The global marine bunker oil market is projected to grow from $151.0 billion in 2023 to $280.7 billion by 2033, driven by the...
COSCO Joins Global Carriers in Deploying Methanol Mainliners for Cleaner Operations
COSCO has deployed its first methanol-powered mainline vessel, joining Maersk, HMM, and CMA CGM in adopting alternative fuels.
The shift marks a broader...
HII and C3 AI Forge Strategic Alliance to Accelerate AI-Driven Shipbuilding...
HII and C3 AI partner to integrate artificial intelligence across shipbuilding operations at Newport News and Ingalls divisions.
The collaboration aims to boost...
$17.5 B LNG Project Awards Dredging Contract to U.S. Giant
Great Lakes Dredge & Dock Corporation (GLDC) has been awarded the dredging contract for the Louisiana LNG project operated by Woodside Energy.
The...
US Sanctions Relief Paves Way for Syria to Revitalize oil Trade...
In a significant shift in its foreign policy, the United States has removed Syria's oil ministry, its two refineries (Homs and Banias), and its...
MOL Bay Links to Drive Competitiveness and Synergies in MOL Group’s...
Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, announced today, July 3, 2025, the establishment of MOL Bay Links Co.,...
Capesize Sees Renewed Activity, While Panamax and Handysize Remain Pressured
The Capesize market is seeing renewed activity, particularly on the C5 route from West Australia. There's been a noticeable uptick in enquiries from operators,...
