HD Korea Shipbuilding Reports 397% Surge In Q3 Net Profit Amid...
HD Korea Shipbuilding & Offshore Engineering Co. has reported a remarkable financial performance for the third quarter, achieving a sharp rise in both profit...
Navigating The Maritime 5.0 Era Leadership, Innovation, And Transformation In Shipping
The shipping industry has entered a new phase the Maritime 5.0 world, characterized by rapid technological advancement, digital ecosystems, artificial intelligence, and sustainable fuels....
HD Hyundai & Siemens Forge Smart-Shipyard Alliance to Modernise U.S. Shipbuilding
HD Hyundai has announced a strategic collaboration with Siemens aimed at transforming U.S. shipbuilding through the integration of smart technologies and advanced digital solutions....
IUMI Warns of Tough Waters Ahead as Marine Insurance Markets Face...
The International Union of Marine Insurance (IUMI) has released its latest annual review, and while global marine insurance performed steadily in 2024, the outlook...
Lloyd’s Register Leads Global Launch of Maritime Future Technologies Innovation Centre
Lloyd’s Register (LR) has announced the creation of the International Maritime Future Technologies Innovation Centre in partnership with COSCO Shipping Group, Shanghai Jiao Tong...
Cyprus Shipping Chamber Endorses Unified Path Toward Global Decarbonisation
The Cyprus Shipping Chamber (CSC) has reaffirmed its support for collective global efforts to establish a unified decarbonisation mechanism under the International Maritime Organization...
Captain Arctic Hull Launch Signals a Bold Step Toward Zero-Emission Voyages
The hull of Captain Arctic, a near-zero emission exploration vessel designed for sustainable cruising in some of the planet’s most fragile environments, has been...
Russian ESPO Crude Shipments Face Delays as Sanctions Ripple Across Asia
Russian ESPO Blend crude loadings from the port of Kozmino rose to 40 ships in October from 35 in September as liftings recovered after...
Tanker Markets Surge as Rates Hit New Highs — Is a...
Crude tanker stocks have experienced a strong rally throughout 2025, significantly outperforming broader equity benchmarks such as the S&P 500 and the Russell 2000....
White House Hits Pause on Maritime Tariffs to Ease U.S.–China Strain
The White House has announced a one-year suspension of all responsive actions stemming from the Office of the U.S. Trade Representative’s (USTR) Section 301...
Singapore, Korea Launch Green and Digital Maritime Corridor
The Ministry of Transport of the Republic of Singapore and the Ministry of Oceans and Fisheries of the Republic of Korea (ROK) have signed...
Lessons Learned: Injury After Fall from Vertical Ladder
Two crew members were performing routine engine room fire watch and thruster space rounds, checking oil pressure and temperature checks, when one of them...
Port Houston Hits Record 3M TEUs Milestone
Port Houston surpassed the 3 million TEU milestone in September, handling 3.27 million TEUs year-to-date (YTD), the fastest pace in the port’s history. Total...
[Watch] Squat Effect Onboard Ships
The ship squat effect, also known as the shallow water effect, is a hydrodynamic phenomenon in which a ship "sinks" deeper in the water...
Dry Bulk Slowdown Weighs on Indian Ship Recycling Market
Slowdown Evident Across Indian Subcontinent Yards.
India’s Alang Records Arrivals Despite Lowest Prices.
Recycling Sector Faces Sluggish Fourth Quarter.
The Baltic Exchange’s Dry Index...
Saudi Aramco’s LPG Price Cuts Reshape Asian Market Dynamics
Move Aims to Strengthen Competitiveness in the Asian Market.
Soft Demand and High Inventories Drive Price Reductions.
Narrower Price Gap Creates New Arbitrage...
Russian Tanker Seized in Egypt Over Unpaid Fees
Vessel Anchored at Port of Suez Amid Payment Dispute.
Crew Reports Fuel Shortages and Power Failure Risk.
Seafarers Unpaid for Over Three Months...
Sanctioned LNG Tanker Suspected of Location Spoofing to Evade Detection
Satellite Images Contradict Official Tracking Data.
Evidence Points to Possible Transfer of Restricted Cargo.
Vessel Engaged in Spoofing to Evade Detection.
A liquefied natural...
Alternative-Fuel Vessel Orders Maintain Momentum Despite Market Slowdown
LNG-Fuelled Container Ships Dominate October Orders.
222 Alternative-Fuelled Vessel Orders Placed in 2025 So Far.
DNV attributes a 52% Decline to the Overall...
Trump–Xi Breakthrough Sparks Relief in Maritime Sector as USTR Tariffs Lifted
After causing headaches and logistical issues across the maritime sector, the meeting between Trump and Xi Jinping appears to have resulted in the cancellation...
