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,"...
OOCL Names First Eco-friendly 16,828 TEU Containership at DACKS
OOCL celebrates the naming of its first 16,828 TEU Vessel, OOCL Bauhinia.
The vessel is the first of ten new 16,000 TEU container...
South Korea’s Shipbuilding Giants Set Sail for Southeast Asia
Increased global demand for new ships has pushed domestic shipyards to their limits.
To accommodate this surge, shipbuilders are exploring opportunities in Southeast...
Captain Ian Finley Awarded the International Maritime Prize for 2023
Finley was nominated for his contributions to IMO in 1995.
IMO Secretary-General praised Finley’s dedication and insight.
Finley thanked colleagues, reflecting on his...
TFG Marine Completes Acquisition of Majority Stake in Vilma Oil Med
Vilma Oil Med offers bunkering services in the Strait of Gibraltar.
The partnership aims to improve marine fuel reliability and efficiency.
Acquisition boosts...
B24-VLSFO UCOME Drop and LNG Price Surge in Singapore and Rotterdam
Rotterdam's B24-VLSFO HBE is up $47/mt, now at a $163/mt premium.
VLSFO prices dropped $19/mt in Singapore and $24/mt in Rotterdam.
Tight VLSFO...
Vessels in China to Report AIS Data while Transiting
AIS reporting is required for vessels over 80m, except for passengers and trial voyages.
Applies to Bohai Rim, Yangtze Delta, Pearl Delta, Qiongzhou...
South Korea President Declares Emergency Martial Law
South Korean President Yoon Suk Yeol declared martial law in an unannounced late-night TV address Tuesday, accusing the country’s main opposition party of sympathizing...
Barcelona Certifies Carbon Footprint of Port Community
The total carbon footprint for 2022, certified by DNV, stands at 495,356 tCO₂eq.
This includes 349,399 tCO₂eq from previously accounted activities and an...
ABS Introduces Unified Offshore Rules to Streamline Compliance
Unified Framework: The Offshore Rules consolidate multiple rule sets, including those for mobile offshore units and floating installations, into a single, accessible document.
...
Uncertain Outlook Amid Spot Rate Challenges
The UPI TCE averaged $73,000 daily last quarter but is projected to dip to $70,000 per day in Q4, reflecting a significant drop...
UECC and Titan Advance Biomethane Partnership
UECC and Titan Clean Fuels have agreed to supply UECC’s multi-fuel ships with biomethane (LBM/bio-LNG) through most of 2025.
Since July 2024, over...
IRS and Cochin Shipyard Join Forces to Develop Indigenous Technologies
IRS and CSL Sign Agreement to Enhance Technological Capabilities.
Cochin Shipyard to Build and Certify Autonomous Vessel in Pilot Project.
Key Indian Manufacturers...
Scandlines and Caterpillar Sign MoU to Explore Methanol as a Green...
Partnership Aims to Reduce CO2 Emissions in Ferry Operations.
Scandlines to Convert MaK-Powered Ferries to Methanol Dual-Fuel Systems.
Caterpillar and Scandlines Collaborate on...
Hapag-Lloyd Projects Lower Profitability in Q4
Hapag-Lloyd Expects Lower Q4 Profitability Amid Freight Rate Decline.
Red Sea Disruptions to Persist Until 2025, Says Hapag-Lloyd CEO.
Rerouting Around Africa Cuts...
Panama Initiates Expedited Cancellation of Sanctioned Vessels
Panama Acts to Protect Ship Registry from International Sanctions.
Six Ships Linked to UK Sanctions Removed from Panama's Registry.
Panama Maritime Authority Begins...
Tanker Market Faces Headwinds Amidst Weak Demand And Overcapacity
A significant portion of US crude oil imports from Canada is consumed by refiners in the US midcontinent region, which are specifically designed to...
Optimizing Emission Tracking With EEOI: A Practical Guide
Shipping companies often transport cargo for multiple clients on a single voyage. This makes it difficult to accurately allocate emissions to each client using...
