Mitsui Ocean Sakura To Enter Service In Late 2026, Expanding MOL...

MOL Cruises is set to launch its second luxury cruise ship, the Mitsui Ocean Sakura, in late 2026. Following the successful debut of the...

CSSC–CSIC Merger Moves Forward As Shareholder Objections Cleared

China CSSC Holdings has cleared a key procedural step in its long-awaited merger with China Shipbuilding Industry Company (CSIC). With no valid dissenting-shareholder claims...

Poor Handling and Weather Led to Cargo Rejection

The Swedish Club’s Casebook highlights a real-life incident involving damaged and rejected steel cargo. What Happened? A handymax bulk carrier loaded a shipment of steel pipes...

[Watch] Importance of Safe Isolation

Britannia P&I Club’s Loss Prevention team emphasizes the importance of safe isolation before undertaking any work on board. Through a newly released safety video,...

[FAQ] How Methanol and Ammonia Are Powering Zero-Emission Shipping

The shipping industry is responsible for between 2 and 3% of all global emissions. In recognition of this, the International Maritime Organization has set...

Millions Lost at Sea: Preventable Cargo Claims Plague Shipping Industry

Ship Management International highlighting the significant financial impact of preventable container cargo claims in the maritime industry. It explores common causes and practical solutions...

Drewry: Carbon Costs Rise as EU ETS Hits Shipping

Shipping companies must surrender EU allowances (EUAs) by 30 September 2025, covering emissions from 1 January to 31 December 2024. Dry bulk operators face...

T.S. Lines Ups the Ante with $125.6M Vessel Deal Revision

T.S. Lines Limited announced it has entered into amended shipbuilding contracts with Huangpu Wenchong Shipbuilding Company Limited and China Shipbuilding Trading Co., Ltd., for...

IMO 2025 Theme Our Ocean Our Obligation Our Opportunity

IMO enforces a global framework for safer, cleaner seas. The theme aligns with UN agreements and ocean initiatives. Celebrations set for London and...

30 Gulf Lease Sales and 6 in Alaska Set Under Trump...

30 lease sales planned in the Gulf of America, covering 14–15% of U.S. crude output. The Gulf lease program aims to support jobs...

Clean Arctic Alliance Response to China’s New Containership Route Through Arctic

Black carbon emissions pose a heightened climate threat in Arctic waters. Increased shipping risks, disturbance to wildlife, and coastal communities. Fragile Arctic ecosystem...

Dry Bulker Newbuilding Orders Collapse in 2025 After Record Highs

Ordering slump follows record peak of 63.9m Dwt in 2024. Newbuilding prices remain high despite weakening demand. Capesize leads with 57% of total...

Atlantic Basin Strength Pressures Crude Prices in August

OPEC+ supply fears ease as Pacific Basin exports remain weak. South America leads gains with exports 9% above seasonal highs. Middle East Gulf...

Lessons Learned: Cargo Damage During Loading and Voyage

A recent incident reported by the Swedish Club involved cargo damage during the loading and transport of steel products. Weather conditions and procedural challenges...

SC Ports Completes $580 Million Harbor Deepening with Final Funding

SC Ports received the final $21.28 million federal reimbursement, completing the $580 million harbor deepening project. Leaders credited strong federal, state, and local...

First Half 2025 Review of Global Shipping Segments

Capesize bulkers gained 7.7% in value, while most other bulker segments saw declines amid reduced newbuilding and S&P activity. Tanker values eased overall,...

China to Rival SpaceX with First Reusable Rocket Recovery Drone Ship

China has introduced its first rocket recovery drone ship, Xingji Guihang, marking a major step toward reusable launch technology. Developed by Beijing-based iSpace,...

NWSA TEU Volumes Rise 3.5% YTD

VLGC rates remain near a 16-month high, driven by Indian port congestion and Panama Canal delays. European ports are witnessing notable growth, with...

Singapore Solidifies Global Lead with FueLNG’s 500th Ship-to-Ship LNG Bunkering Operation

FueLNG, a leading provider of LNG bunkering solutions, has successfully completed its 500th ship-to-ship (STS) LNG bunkering operation. This achievement, which occurred in Singapore...

Performance Shipping Secures New Time Charter with PNSC for M/T P....

Performance Shipping Inc. has signed a 12-month time charter with Pakistan National Shipping Corporation (PNSC) for its 105,304 DWT LR2 Aframax tanker M/T...