Indian Importers Face Freight Rate Hike Shock Out of Asia

Indian importers relying on Asia-made goods, particularly out of China, are facing another round of container freight rate shocks, reflecting how volatile market conditions...

Dry Bulk Demolition Hits Historic Lows

Demolition activity across all sectors has been notably subdued thus far this year. Shipyards are grappling with weak demand for steel and suppressed prices,...

Singapore Clears South Korean Hanwha’s Buyout of Dyna-Mac

Singapore's competition regulator cleared South Korean conglomerate Hanwha Group's S$790.6 million ($589.30 million) takeover offer for oil contractor Dyna-Mac (DMHL.SI), on 15 Nov, 2024. The...

South Korean Shipbuilders Target $50 Billion in Orders Next Year

The shipbuilding supercycle is expected to continue next year, with projections indicating that domestic shipbuilders' order volume will exceed $50 billion (approximately 70 trillion...

COSCO Seals Green Methanol Pact

COSCO SHIPPING, CP Group Co., Ltd., and Freepoint Commodities collectively inked a memorandum of understanding (MoU) on the production of green methanol. This partnership...

[Podcast] Cybersecurity: Are We Worried Enough?

Lloyd’s List reporter Joshua Minchin talks to cyber security experts to assess the current threat level to shipping and ask whether shipowners should be...

Lessons Learned: Tips to Prevent Marine Fuel Contamination

USCG provides tips for preventing fuel contamination. What happened? A towing vessel operating in a pushing-ahead configuration experienced a loss of all propulsion while operating on...

Panama October Bunker Demand at 5-year High

More vessels arriving to bunker contributed to push Panama’s total bunker sales up by 23% in October, reports Engine. Panama bunker sales rise Total bunker sales...

Chinese Ship ‘Detained’ After Baltic Sea Cables Were Severed

A Chinese ship is once again at the center of a European infrastructure attack. A 23-year-old Panamax bulk carrier is the top suspect linked...

Global Maritime Forum: Green Corridors Risk Hitting ‘Feasibility Wall’

18 new green shipping corridor initiatives emerged worldwide in the last year alone – a 40% increase in 2023 – and 1/3 of...

SC Ports: Driving Growth and Supporting Southeast Commerce

Inland Port Greer Expansion Adds Rail and Cargo Capacity SC Ports Maintains Steady Performance in Fiscal Year 2025 Port of Charleston Sees Strong...

NWSA TEU Volumes Up 10.7% YTD October

Year-to-Date Container Growth Hits 10.7%, Driven by Strong Imports Domestic Container Volumes See Decline Amid Regional Disparities NWSA’s Strategic Rail Initiative Expands Non-Traditional...

AI in Shipping: Transforming Operations, Efficiency, and Compliance

Automating repetitive tasks saves time, reduces costs, and minimizes burdens. AI provides real-time data insights, enabling faster and more informed decision-making. Compliance is...

VPS and Veracity Partner to Simplify MRV Reporting for Offshore Vessels

VPS has entered into a Partner Agreement with Veracity, DNV’s maritime emissions cloud, to enhance MRV reporting for offshore vessels. The integration will...

Houlder Highlights Uncertainty Dilemma Stalling Shipping’s Decarbonisation

Uncertainty Hinders Shipping’s Energy Transition Global Politics Influence Decarbonization Decisions Regulatory Certainty Improves, but Challenges Persist A qualitative survey by design and engineering consultancy...

DNV and Seatrium Partner for Sustainable Marine and Offshore Innovation

DNV and Seatrium signed an MoU to collaborate on sustainable solutions for the marine and offshore industries. The partnership focuses on decarbonization, digital...

Shipping Emissions Surge Amid Efficiency Stagnation

A new report highlights increasing greenhouse gas (GHG) emissions in international shipping, countering the IMO's 2030 emissions reduction targets. The COVID-19 pandemic temporarily...

Biden-Harris Administration Announces $580 Million to Boost Ports and Supply Chains

The U.S. Maritime Administration (MARAD) is investing $580 million in 31 port improvement projects across 15 states and one U.S. territory. This funding,...

MOL And KEPCO Partner To Advance Hydrogen Maritime Transport

Mitsui O.S.K. Lines (MOL) and The Kansai Electric Power Company (KEPCO) have signed an agreement to jointly study the development of liquefied hydrogen carriers....

China Supports Biofuel Producers With Export Quota

China is preparing to introduce its first export quota for biodiesel-blended marine fuel in 2025. This move aims to support domestic biofuel producers affected...