Estonia Launches Grant Program To Support Green Ship Retrofitting
In a significant step toward sustainable maritime practices, Estonia’s Minister of Infrastructure, Kuldar Leis, has introduced a grant program to support green retrofit projects...
Key Outcomes From IMO’s NCSR 12 Meeting Held In London
The 12th session of the IMO's Navigation, Communications and Search and Rescue Sub-Committee (NCSR 12) convened in London from 13 to 22 May 2025....
Saga Shipholding Transfers Entire Fleet To Bahamas Ship Registry
In a landmark move, Saga Shipholding, in collaboration with NYK and Anglo-Eastern, has transferred its full fleet of 32 general cargo vessels to the...
JMU Delivers Frontier Wish, A High-Efficiency Bulk Carrier
Japan Marine United (JMU) has delivered its latest energy-efficient bulk carrier, Frontier Wish, to Southern Route Maritime on May 13, 2025. The vessel was...
Survitec: Fire Safety Overhaul for RoRo and RoPax Vessels
Starting January 1, 2026, RoRo and RoPax ships must install fixed water monitors on their weather decks to enhance fire protection.
Ships under...
Ningbo Containerised Freight Index Sees Significant Weekly Gains
The Ningbo Containerised Freight Index (NCFI) reported notable increases across several major trade routes in the week ending May 23, 2025.
Key Route Highlights
Ningbo...
Dry Bulk Shipping: Growth Continues, But Challenges Loom
The global dry bulk fleet is projected to continue its expansion through 2026, though at a moderated pace compared to recent years. This trend...
Ocean Freight Rates Surge Post Temporary U.S.-China Tariff Reduction
Ocean freight rates have spiked sharply, up to $7,000 per container on some routes, due to a rush of shipments following a temporary...
Cargo Vessel Sinks Off Kochi Coast, Sparks Environmental Concerns
A Liberian cargo ship sank off the Kerala coast. The ship carried 640 containers, including hazardous materials.
There are fears of potential oil...
Drewry: Escalating Port Congestion Strains Container Shipping Flows
Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday.
Compounding the situation,...
Mediterranean Shipping Company (MSC) Gains Approval for Wilson Sons Acquisition
Brazilian regulators have approved MSC’s acquisition of a 56% stake in Wilson Sons for $760 million.
This acquisition improves MSC’s transport capabilities in...
Canadian Marine Industry Struggles with Labour Shortage, Study Shows
Canada’s marine sector faces a critical labor gap, with over 8,300 new workers needed by 2029 and thousands of current roles already unfilled.
...
Port Community System Initiative to Transform Hong Kong’s Port Operations
The Port Community System (PCS) launch marks a major step in Hong Kong’s drive to modernize its port and maritime sectors through digital...
EPS and Avikus Sign Contract for Autonomous Navigation Retrofit
Avikus will install its HiNAS Control and HiNAS Cloud systems on two EPS vessels, marking its first commercial retrofit outside Korea.
The contract...
Shipwreck in the Backyard: Dozing Crewman Sends Cargo Vessel Ashore
A 135-meter cargo vessel ran aground just five meters from a house in Byneset, Norway, narrowly avoiding a disaster.
Investigators found the ship’s...
Performance Shipping Launches New Aframax Tanker
Performance Shipping Inc. conducted the launch of its new Aframax/LR2 tanker, P. Massport (Hull 1515), at Shanghai Waigaoqiao Shipbuilding Co., Ltd., reports Port News.
Launch...
ABS Approves First of Its Kind LCO2 Barge for U.S. Operation
ABS has awarded an Approval in Principle (AiP) to Overseas Shipholding Group, Inc. for a pioneering articulated tug and barge (ATB) unit designed...
Port Houston Announces $131 Million in USACE Workplan Designated for Houston...
ABS has granted Approval in Principle (AiP) to Overseas Shipholding Group, Inc. for a first-of-its-kind liquefied carbon dioxide (LCO₂) articulated tug and barge...
UN Chief: Maritime Security Key to Global Stability
UN Secretary-General Guterres urges urgent global action on maritime security ahead of the 2025 UN Ocean Conference.
Delegates highlight rising threats: piracy, cyberattacks,...
Cancelled Sailings Rise on East–West Routes
Between late May and late June, 6% of scheduled sailings on key East–West trade routes are cancelled, with most disruptions expected on the...