Northern Offshore Services Launches World’s First Biomethanol-Powered Vessel
Northern Offshore Services has unveiled the world’s first crew transfer vessel (CTV) marking a major advancement in the decarbonization of the offshore wind...
The Panama Canal’s Evolving Impact on Trade, Agriculture, and Energy
The Panama Canal handles 6% of global maritime trade, connecting 1,920 ports in 170 countries and cutting shipping routes by up to 8,000...
Shipbuilding Embraces Fuel Optionality, but Policy Focus on Shipping Needs Shift
While over half of the current global ship orderbook, measured by gross tonnage, consists of vessels capable of operating on alternative fuels, less than...
ReCAAP Reports Six Sea Robbery Incidents in Singapore Strait Within Six...
Between May 2nd and May 7th, 2025, there were six reported incidents of sea robbery targeting ships navigating the Phillip Channel, specifically within the...
Suezmax and Aframax Owners Face Pressure as Tanker Market Softens
This week has seen a downward trend for MEG (Middle East Gulf) LR2 (Long Range 2) tankers. The TC1 index, representing a 75,000-ton cargo...
India and Pakistan Reach Temporary Ceasefire After Near 100 Hours of...
After nearly 100 hours of escalating tensions that began on May 7th, 2025, India and Pakistan have agreed to a temporary ceasefire. This recent...
Racing Against Extinction: New Measures to Protect Whales from Ships
The beginning of May indeed marks a crucial period for whale conservation, with the implementation of both mandatory and voluntary measures aimed at mitigating...
Nor-Shipping and YoungShip Announce Finalists for Young Entrepreneur Award 2025
Nor-Shipping, in collaboration with YoungShip, has announced the finalists for the 2025 Nor-Shipping Young Entrepreneur Award. The selection of this year's shortlist strongly reflects...
Dry Bulk Market Weekly Report Weakness Persists Across Most Segments
The dry bulk market presented a mixed picture over the past week, with Capesize vessels continuing to struggle while Panamax and smaller segments experienced...
MOL Launches “OceanCare” To Enhance Wellbeing Of Seafarers And Families
Mitsui O.S.K. Lines (MOL) officially launched OceanCare, a comprehensive global wellbeing program for seafarers serving on its vessels. Developed in collaboration with maritime charity...
MAN Engines To Power Deutsche Offshore’s Future-Ready CSOV Fleet
Wenchong Shipyard in China, part of the CSSC Group, has placed an order for four sets of MAN 8L21/31 MK2 GenSets to power a...
ABS And HD Hyundai Mipo Launch Joint Project To Revolutionize Shipyard...
In a move set to transform modern shipbuilding, ABS and HD Hyundai Mipo (HMD) have entered into a Joint Development Project (JDP) aimed at...
ClassNK Publishes Guide On IMO’s Mid-term Measures For GHG Reduction
To help stakeholders better understand upcoming regulations, ClassNK has released a new document titled “What is the IMO’s Mid-term measures and how it works.”...
KONGSBERG Delivers Strong Q1 2025 Results With 28% Revenue Growth
KONGSBERG has kicked off 2025 with a robust financial performance, reporting a 28% year-on-year increase in revenues in the first quarter. Driven by strong...
Lessons Learned: Fatal Accident on Bulk Carrier During Mooring
UK MAIB has issued an investigation report on an incident where a crew member suffered fatal injuries due to being struck by a mooring...
Port of Rotterdam Advances as Europe’s Hydrogen Hub
The Port of Rotterdam is making significant strides in establishing itself as a central hub for hydrogen in Europe. A comprehensive hydrogen system is...
Global Container Shipping Steady Amid U.S.–China Trade Turbulence
The Baltic Exchange's Week 19 container market report highlights the ongoing impact of elevated U.S. tariffs on China, which have significantly disrupted trans-Pacific trade...
Xeneta: Red Sea Return of Ships Could See Freight Rates Crash
Global TEU-mile demand would decrease 6% if container ships begin sailing through the Red Sea and Suez Canal again instead of diverting around...
Major Ocean Carriers are Drawn to Coastal Freight from India
India’s growing coastal freight demand looks like the next target for foreign container lines amid the trade diversification in Asia.
CMA CGM and...
U.K. Unveils ‘Largest-Ever’ Sanctions Targeting Russian Shadow Fleet
The Prime Minister will announce new action at the Joint Expeditionary Force meeting in Oslo today. This action will increase the pressure on...