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...