Hanwha Expands U.S. Shipbuilding with $5 Billion Philly Shipyard Upgrade

Hanwha Group announced a $5 billion infrastructure program to expand Hanwha Philly Shipyard under South Korea’s broader $150 billion U.S. shipbuilding initiative. The...

Tanker with Crude Cargo from Sudan Idles Off UAE as Bilateral...

Sudan’s Bashayer terminal exports about 170,000 b/d of Dar and Nile Blend crude, with the UAE historically the top buyer at 44%. Much...

Austal, Australia Ink Strategic Shipbuilding Pact

Austal Limited has signed a Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia, officially appointing Austal Defence Shipbuilding Australia as the strategic...

Germany’s Second LNG Terminal Goes Live at Wilhelmshaven

Germany will officially commence commercial operations at its second LNG import terminal in Wilhelmshaven on August 29, strengthening energy security and supply diversification. ...

Qingdao Port Boosts SCO Trade with 42 Shipping Routes

Qingdao Port is strengthening its role as a key hub for multilateral trade under the China-SCO Local Economic and Trade Cooperation Demonstration Area...

Decarbonisation and the Future of Shipping and Freight: Navigating a Sea...

Shipping and logistics, responsible for nearly 10% of global greenhouse gas emissions, are facing immediate pressure to decarbonise, driven by regulation, customer demand,...

The Indispensable Role of Shipping in the Global Economy and Its...

Shipping serves as the fundamental backbone of the global economy, moving nearly 90% of all international trade by volume. It is the most cost-effective...

Capesize Activity Increases While Panamax and Supramax Markets Remain Buoyant

On the C5 front, we see miners and operators alike out seeking mid-September dates. Volumes out of other fronts of the Pacific have held...

VLCC and Suezmax Markets Show Resilience Despite Baltic Index’s Minor Decline

After having been on an upward trajectory in the week gone by, the Baltic Index shed a bit across the board, although probably more...

How Digital Twins and Blockchain are Securing the Future of Ports

Ports are no longer just places for loading and unloading goods; they are evolving into smart digital hubs that improve logistics, sustainability, and resilience....

Port of Antwerp-Bruges Invests in Shore Power for Zeebrugge Cruise Terminal

An Onshore Power Supply (OPS) and a new high-voltage substation are being built by the Port of Antwerp-Bruges to make shore power a reality...

The Digital Double-Edged Sword: Maritime Technology’s Impact on Seafarer Mental Health

The accelerating digital transformation in the maritime industry, while offering new ways to access healthcare, is also introducing new psychological stressors for seafarers. VIKAND,...

Wärtsilä Expands Battery Capacity On Aurora Botnia

In a landmark step towards greener shipping, Wärtsilä has been chosen as the electrical integrator for a major battery extension on the Wasaline ROPAX...

Auramarine To Supply Methanol Fuel Systems For Terntank’s Next-Generation

Auramarine has been selected by Terntank Rederi A/S to supply its newly developed methanol fuel supply systems for three 15,000 DWT Hybrid Solution Plus...

Prevention At Sea Concludes Singapore Maritime Event

Prevention at Sea successfully wrapped up its Singapore Maritime Event at Park Royal Marina Bay, drawing together maritime leaders, operators, and industry professionals. The half-day...

Dry Bulk Market Outlook Strength In H2 Amid Looming Oversupply

The dry bulk market has continued to ride the momentum of strong summer demand, despite a slight decline in vessel benchmarks since late July....

Gasum Conducts First LNG Bunkering Operation At Port Of Tolkkinen

Gasum, a Finnish state-owned energy company, has successfully carried out its first LNG bunkering operation at the Port of Tolkkinen, located near the Porvoo...

Container Shipping Fleet Surges Past 10 Million TEU Orderbook

The global container shipping orderbook has surpassed 10 million TEU, crossing a symbolic milestone. According to Alphaliner, this represents an all-time high, far beyond...

Arctic is No Longer a Distant “What If” for Container Shipping

China is set to mark a milestone this September with the launch of its first liner-type container service between Asia and Europe via the...

Mega Cruise Vessel Drifts Off Italy After Losing Propulsion

A massive cruise vessel carrying more than 6,400 passengers and 2,000 crew members lost propulsion while sailing off the coast of Italy, reports Marine...