SCCT Expansion Boosted by Advanced Cranes

Delivery of advanced equipment, including four Super Post-Panamax ZPMC Quay Cranes and six electric Rubber-Tyred Gantry (eRTG) cranes. Enhanced capabilities for handling twin...

IMO’s MSC 109 Session Tackles Critical Maritime Safety Challenges

The IMO's 109th Maritime Safety Committee (MSC 109) session focuses on pressing maritime safety challenges, including Red Sea attacks, autonomous ships, and emissions...

NYK Secures AiP for Long-Distance Subsea Cable-Laying Vessel Design

NYK Line has obtained Approval in Principle (AiP) from ClassNK for a cutting-edge cable-laying vessel design. The vessel is part of a solution...

Two Ships Collide Near Strait Of Gibraltar

An oil tanker and a container ship collided in the Strait of Gibraltar on December 3rd. Fortunately, no injuries or oil spills were reported,...

Transpacific Shipping Rates Surge Ahead Of Potential US West Coast Strike

Shipping rates from Asia to the US West Coast increased in early December due to several factors. These include frontloading of shipments ahead of...

Japan’s Competitive Edge In The LSFO Market

Japan has emerged as the most cost-effective location for purchasing low-sulfur fuel oil (LSFO) this year. However, with a subdued shipping market and weak...

VLCC Freight Market: Can China’s Imports Trigger A Rebound?

The VLCC freight market faces challenges from weak demand and oversupply, with hopes pinned on China’s import rebound. OPEC+ strategies and slowing oil demand...

Yangzijiang Shipbuilding Secures $2.6bln In New Orders

YANGZIJIANG Shipbuilding further boosted its orderbook by securing 21 newbuildings priced at $2.6bn after the release of the third-quarter results in early November, according...

WinGD Wins Late Engine Orders For Eight Newbuild LNG carriers

Swiss marine power company WinGD has won an order for 16 X-DF dual-fuel engines after a late-stage switch by a major ship owner. The...

Feeder Operators Targeting Perishables Are ‘Cashing In’ On Red Sea Crisis

Indian reefer cargo stakeholders are “cherry-picking” ocean services going via the Red Sea, instead of services taking the long detour around the Cape of...

Hapag-Lloyd Saves Emissions With Cleaner Hulls

As part of its continued effort to drive sustainability in the maritime industry, German container line Hapag-Lloyd succeeds in reducing both emissions and operational...

Lessons Learned: Inclement Weather Causes Crew Fatality and Injury

MSIU has published a Safety report on the grounding of a bulk carrier causing crew fatality and injury. What happened The Vessel departed from the port...

Diana Shipping Inc. Announces Time Charter Agreement With Bunge SA Or...

Diana Shipping Inc., a global shipping company specializing in dry bulk vessels, has entered into a time charter contract with Bunge SA, Geneva, for...

MAN Energy Solutions Announce Full-Scale Testing Of ME-LGIA Ammonia Engine

MAN Energy Solutions has marked a significant milestone in the development of its ME-LGIA (Liquid Gas Injection Ammonia) engine with the commencement of full-scale,...

IMO’s Impact On Sulphur Regulations And Future Developments

Since 2015, the International Maritime Organization (IMO) has been actively enforcing strict regulations to reduce emissions from vessels, particularly focusing on reducing the sulphur...

Japan’s Container Exports To The U.S. See 7.1% Growth In October

Japan’s container exports to the U.S. showed a notable recovery in October, with a 7.1% increase, totalling 58,333 TEUs compared to the same month...

LNG Vessel Oversupply Drives Down Freight Prices

LNG freight prices are facing downward pressure as newbuild deliveries soar. Ballast speeds of the fleet are falling at the start of the...

IACS Enhances Safety Standards For Alternative Fuel Engines With Revised UR...

As the maritime industry embraces alternative fuels to meet decarbonization goals, the associated safety challenges have necessitated stricter standards. The International Association of Classification...

Week-Long Grounding Prompts New Refloat Plan

A freighter carrying grain, has been stranded in the St. Lawrence River since November 23, making the authorities turn to lightering as a potential...

PortMiami Explosion Jolts Nearby Homes

A vehicle burst into flames inside a shipping container at PortMiami late Friday night, causing an explosion that left residents in nearby apartments "shaking,"...