Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades
The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates....
Surging LNG Demand Drives HD KSOE’s Latest Contract for Specialized Carriers
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a significant contract win, securing orders for four Liquefied Natural Gas (LNG) carriers from...
Friendship Pass Revolutionizes Cross-Border Trade with Unmanned, Smart Port Operations
The Youyiguan Port, also known as Friendship Pass, a critical land gateway connecting China and Vietnam, is on the cusp of a major transformation...
GCMD Demonstrates End-to-End Value Chain for Onboard CCS
The Global Centre for Maritime Decarbonisation (GCMD), in collaboration with ecosystem partners, has successfully demonstrated the full value chain for onboard captured CO2,...
Valenciaport Expands Green Footprint, Adds “Upcycling the Oceans”
The Port Authority of Valencia (APV), which manages the ports of Valencia, Sagunto, and Gandia, has officially approved its adhesion to the Upcycling the...
Coastal Bend LNG Sets Sail with 22.5 Mtpa Terminal on Texas...
A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast, reports Offshore Energy.
Texas...
Saudi Spark, Hutchison Sign Dryport Concession Agreement
King Salman Energy Park (Spark) and Hutchison Ports signed a concession agreement to oversee the operation and management of a dry port and bonded...
Port of L.A. and Wonderful Co. Team Up to Boost Central...
Port of Los Angeles, Shafter, and The Wonderful Company Forge Supply Chain Partnership.
New Trade Agreement to Boost Central Valley Exports Through Port...
IMO Adopts New Safety Standards for Pilot Transfers
SOLAS Amendments Aim to Protect Maritime Pilots.
Global Standards Updated to Reduce Pilot Transfer Risks.
New Rules Strengthen Safety for Pilots and Seafarers...
Indian Navy Rescues Crew After Fire on Oil Tanker in Gulf...
Massive Fire Breaks Out on Drifting Tanker; Navy Launches Rescue Operation.
Engine Room Blaze Leaves Vessel Powerless; Naval Team Responds Swiftly.
Second Sea...
World’s First Dual-Purpose LCO₂ / Methanol Carrier Approved in Principle by...
Breakthrough Vessel Enables Dual Transport of CO₂ and Synthetic Methanol.
New Carrier Boosts Efficiency in Carbon Capture and Green Fuel Supply Chains.
Japan...
576 Containers Lost at Sea in 2024 Following Red Sea Disruptions
New Global Safety Measures and Mandatory Reporting Set for 2026.
WSC Launching Cargo Safety Program in 2025 to Prevent Dangerous Goods Incidents.
Industry...
Lessons Learned: LOTO Failures and Unsafe Electrical Practices Identified During Audit
A walkaround audit conducted aboard a vessel revealed two critical safety deficiencies in the engine room, as reported by the International Marine Contractors Association...
Bulk Report Week 26: Capesize Declines, Others Hold Steady
The Capesize segment saw a sharp rate drop due to weak Pacific activity and oversupply, with C5 and C3 routes both declining.
Panamax...
Fair Use vs. Illicit Data: US Courts Draw Clear Lines on...
Recent rulings by two U.S. District Judges have offered a nuanced perspective on the legality of training Artificial Intelligence (AI) models using copyrighted books
Judge...
Fire on Scrap Metal Ship at Hull Port Causes Widespread Smoke,...
On June 27, 2025, a cargo ship carrying scrap metal caught fire while moored at Albert Dock in Hull, England. The incident, which began...
VLCC Freight Rates Plunge, While Suezmax and Aframax Markets Show Mixed...
The past week has seen a significant downturn in freight rates for LR2 (Long Range 2) product tankers, both East and West of Suez,...
Iranian Exports See Mid-June Slowdown, But China’s Imports Remain Robust After...
China's oil imports from Iran experienced a significant surge in June 2025, reaching record highs despite ongoing U.S. sanctions.
China's Surging Imports
Record Loadings: Iran's export...
New Reporting Requirements for GHG Compliance Services
The International Maritime Organization (IMO) has introduced significant amendments to MARPOL Annex VI, specifically regarding the Data Collection System (DCS) for fuel oil reporting...
Green Fuel Supply and Government Backing Crucial for Maritime Transition
Green corridor progress is hindered by regulatory uncertainty and funding challenges.
Only 24 of 62 initiatives have reached feasibility study stages; none are...