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...

Sail Away To Paradise: MSC Cruises’ Winter Season

MSC Cruises has started its winter cruise season in Miami with the arrival of MSC Divina and MSC Seaside. The cruise line offers a...

Shifting Trade Routes And Oil Prices Shape Tanker Market Outlook

VLCC rates show resilience amid muted activity, driven by Chinese spot cargo demand. Challenges include shifting trade routes, reduced tonne-mile demand, and geopolitical factors....

The Chennai-Vladivostok Sea Route Will Cover A Distance Of About 5,600...

The Chennai-Vladivostok maritime corridor, which is likely to boost maritime ties between India and Russia, is operational now, and container ships carrying crude oil,...

ReCAAP ISC: Five Incidents Of Armed Robbery 12-18 November

Five incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC during the week of 12-18 November 2024, reports Safety4sea. These...

New Fire Detection Technologies Developing At Speed

Shipboard fires, particularly on container ships, hit the headlines far too frequently, but new detection systems currently under development at SafetyTech Accelerator promise to...

HD Hyundai Heir Tightens Grip On Shipbuilding Group

Chung Ki-sun, the heir apparent and vice chairman at HD Hyundai, has been promoted to the firm's executive vice chairman, cementing his succession at...

Incident Overview: The Cabin Fire

A crew member's cigarette caused a fire in the cabin, worsened by an open porthole and flammable materials. Emergency response was delayed due...

Chevron Advances Biofuels for Maritime Decarbonization

Chevron biofuels are helping reduce the carbon intensity of the maritime industry, aligning with International Maritime Organization (IMO) guidelines. Biofuels are derived from...

IACS Introduces UR M85 for Propeller Shaft Bearings

IACS has introduced UR M85, the first technical guideline for type approval testing of synthetic materials used in aftmost propeller shaft bearings. The...

Nyshex Secures Series C Funding with ICE Partnership

Nyshex closed its Series C funding round, with Intercontinental Exchange (ICE) joining as a shareholder. ICE will collaborate with Nyshex to launch shipping...

ICS Summit Kicks Off Hong Kong Maritime Week

The high-profile Summit, titled ‘Risk and resilience in an age of disruption’ took place at the Hong Kong Convention and Exhibition Centre just...

Singapore LSMGO Premiums Slip Amid Ample Supplies

Bunker premium lowest since July, outlook subdued. Barging spread halved from Oct. LSFO flows to replenish stocks. Around the world's largest bunker hub of...

OSM Thome To Deploy Kaiko Systems Ship Inspection Technology

OSM Thome is to deploy software from German maritime AI pioneer Kaiko Systems across its entire fleet. OSM Thome says that this will...

HD Hyundai Heavy, Hanwha Ocean Bag LPG Carriers Order

HD KSOE has signed a construction contract with an Asian shipping company for two VLGCs. The total order amount is 340.3 billion won....

Canadian Ports Resume Operations Post-Strikes

Canadian ports have resumed operations after strikes, but severe backlogs persist. Delays and congestion at Montreal and Vancouver ports are disrupting supply chains. ...

AAL Shipping Unveils The AAL Antwerp, Expanding Its Super B-Class Fleet

AAL Shipping (AAL) held the official naming ceremony for its latest vessel, the AAL Antwerp, marking the halfway point in its third-generation Super B-Class...

Maersk Announces Strategic Network Changes As Part Of Gemini Cooperation

Maersk, in collaboration with Hapag-Lloyd, is phasing in the Gemini Cooperation and transitioning to a new network structure starting on 1 February 2025. This...