Lloyd’s Register Completes Acquisition Of Ocean Technologies Group
Lloyd’s Register Group (LR), a global leader in maritime professional services and digital solutions, has acquired Ocean Technologies Group (OTG), a key provider of...
Sallaum Lines Adapts To Challenges In Europe’s Automotive Logistics Sector
European ports and shipping companies face growing challenges due to imbalanced trade flows, capacity issues, and labour shortages. With the rise in vehicle imports...
Singapore-Fujairah Spread Tightens on Weak Demand
Demand tepid in Singapore amid regional competition.
Fewer Red Sea voyages weigh on demand in Fujairah.
Weaker low sulfur fuel oil demand and ample...
Lessons Learned: Breakaway of Bulk Carrier and Subsequent Collision
The National Transportation Safety Board (NTSB) has released an investigation report on the bulk carrier Sirocco which broke away from its moorings and drifted...
One in Three Ballast Water Systems Fail to Make the Grade
Over 30% of all installed ballast water treatment systems fail Port State Control D-2 compliance inspections despite 95% of systems having successfully passed commissioning...
Ship Runs Aground in St. Lawrence River
A 225-meter-long Canadian lake freighter, ran aground in U.S. waters near Morrisburg, Ontario, on the St. Lawrence River on the afternoon of 23 November,...
PSA Singapore, Evergreen Marine Work on Terminal Operations
PSA Singapore and Evergreen Marine Corporation have established a joint venture in Singapore aiming to enhance operational performance.
The partnership aims to offer...
MOL and MPA Sign MoU to Drive Decarbonization in Maritime Industry
MOL and MPA sign MoU to deepen collaboration in decarbonization, digitalization, and human resources development in the maritime industry.
The MoU will focus on...
New MARPOL Fuel Reporting Rules Effective August 2025
Effective from 1 August 2025, new regulations require ships to collect and report additional fuel oil consumption data.
IMO Resolution MEPC.385(81) invites flag...
MSC’s Vessel Acquisition Spree: Reshaping the Charter Market
MSC’s aggressive acquisition of over 420 vessels since 2020 has made it a key player in the global boxship fleet, accounting for more...
Container Shipping’s Green Revolution: Dual-Fuel Dominance
Major container shipping companies like Maersk, CMA CGM, and COSCO are leading the industry’s green push by investing heavily in dual-fuel vessels.
With...
EuroDry Orders Two 63,500 DWT Ultramax Bulk Carriers
EuroDry Ltd. announces contracts for two 63,500 DWT geared ultramax bulk carriers, scheduled for delivery in 2027.
The $71.8 million project will be...
MISC and Gentari Collaborate to Advance Clean Ammonia Shipping
MISC Berhad partners with Gentari Hydrogen to develop integrated shipping and floating solutions for clean ammonia, aiming for completion by 2027.
Collaboration leverages...
Value Group Secures €2 Million for CO₂ Capture Hub in Rotterdam
Reported by the American Journal of Transportation, Value Group receives €2 million investment from Energietransitiefonds Rotterdam (ETF-R).
Funding will accelerate the development of...
Shipwrecked 145-Year-Old Rye Revived for Whiskey
Scientists have recovered 145-year-old rye seeds from the James R. Bentley shipwreck in Lake Huron.
The seeds, though no longer viable for germination,...
Norsepower Launches First Rotor Sail Factory, Leading Wind Propulsion Market
First-of-its-kind facility: Norsepower inaugurates a dedicated rotor sail factory in Dafeng, China, showcasing its leadership in wind-assisted propulsion.
Increased production capacity: The facility...
Navigating Seasonal LNG Shipping Challenges
The LNG shipping sector is experiencing challenges from a slow winter onset, weak spot rates, and a significant drop in Cool Company’s stock.
...
Mediterranean Sea Joins IMO Emission Control Areas
The Mediterranean Sea will be included in the IMO’s ECA zones starting May 2025, limiting sulphur content in fuel oil to 0.1%.
Shipowners...
Intertanko Welcomes New Leadership
Rolf Westfal-Larsen Jr has been elected Chairman, and Tim Wilkins is set to take over as Managing Director from January 2025.
Paolo d’Amico...
Understanding the Atlantic Meridional Overturning Circulation (AMOC)
Studies indicate a steady weakening of the Atlantic Meridional Overturning Circulation (AMOC) since the mid-20th century, linked to rising global temperatures and freshwater...