As the world’s busiest port by cargo throughput, China’s Ningbo-Zhoushan Port has taken a decisive step toward international maritime decarbonization. On Tuesday, it announced...

The Multipurpose Vessel (MPV) market, encompassing both breakbulk and project cargo carriers, has experienced a period of recovery following the challenges posed by the...

Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week. Detailed assessment for Thursday, 29 May 2025 Drewry’s WCI has increased 21%...

CMB.TECH NV and Golden Ocean Group Limited have announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead...

Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MOU) to renew both organizations’ commitment to creating...

The U.S. shipbuilding industry now produces less than 1% of the world’s large commercial vessels. America’s maritime reliance on foreign powers threatens both...

The Smart Maritime Council released Version 2.0 of its Standardised Vessel Dataset (SVD), now incorporating emissions reporting capabilities. This update follows the March...

COSCO has indeed introduced a new LNG dual-fuel car carrier named the Yuan Hai Kou, which notably features integrated solar panels. This vessel is...

The surprisingly announced 90-day tariff pause in the trade war between the US and China could destabilize global maritime trade more than the tariff...

The captain of an inland cargo ship that crashed into a lock gate on the Moselle River in December 2024, causing traffic paralysis for...

The past week (roughly May 22-29, 2025) has seen a notably slow period for VLCC (Very Large Crude Carrier) activity in the tanker market....

In the Pacific basin, there's a reasonable level of enquiries from both miners and operators for early-to-mid June dates. This suggests some underlying activity...

Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, today announced a significant achievement in sustainable shipping. The company's "Invention of...

Wärtsilä will supply the complete electric propulsion system for three zero-emission, battery-electric high-speed ferries, marking the first such vessels built and operated in...

lomarlabs and BlueNose will integrate AI-driven shape generation and advanced materials to reduce ship air resistance and deliver up to 5% fuel savings. ...

Hanaria, Japan’s first passenger ship powered by hydrogen and biodiesel, wins the 2024 "Ship of the Year" award from JASNAOE. Developed by MOL...

The crude tanker market is expected to remain balanced in 2025 before edging weaker in 2026, while product tanker capacity growth will outpace...

The newly inaugurated TQPM import terminal in Coatzacoalcos will supply 80,000 bpd of ethane to Braskem-Idesa’s 1.05 mtpa cracker, resolving chronic feedstock shortages...

Norway’s fleet, valued at USD 66.2 billion, ranks Tankers and MODUs as its most valuable segments, while Small Dry boasts the highest vessel...

U-Ming has appointed a Chief Information Security Officer and staff, meeting legal and regulatory cybersecurity requirements. The company implemented ISO 27001 and ISO...