EPS and Avikus Sign Contract for Autonomous Navigation Retrofit
Avikus will install its HiNAS Control and HiNAS Cloud systems on two EPS vessels, marking its first commercial retrofit outside Korea.
The contract...
Shipwreck in the Backyard: Dozing Crewman Sends Cargo Vessel Ashore
A 135-meter cargo vessel ran aground just five meters from a house in Byneset, Norway, narrowly avoiding a disaster.
Investigators found the ship’s...
Performance Shipping Launches New Aframax Tanker
Performance Shipping Inc. conducted the launch of its new Aframax/LR2 tanker, P. Massport (Hull 1515), at Shanghai Waigaoqiao Shipbuilding Co., Ltd., reports Port News.
Launch...
ABS Approves First of Its Kind LCO2 Barge for U.S. Operation
ABS has awarded an Approval in Principle (AiP) to Overseas Shipholding Group, Inc. for a pioneering articulated tug and barge (ATB) unit designed...
Port Houston Announces $131 Million in USACE Workplan Designated for Houston...
ABS has granted Approval in Principle (AiP) to Overseas Shipholding Group, Inc. for a first-of-its-kind liquefied carbon dioxide (LCO₂) articulated tug and barge...
UN Chief: Maritime Security Key to Global Stability
UN Secretary-General Guterres urges urgent global action on maritime security ahead of the 2025 UN Ocean Conference.
Delegates highlight rising threats: piracy, cyberattacks,...
Cancelled Sailings Rise on East–West Routes
Between late May and late June, 6% of scheduled sailings on key East–West trade routes are cancelled, with most disruptions expected on the...
Tariff Truce Brings More Cargo and Uncertainty to WA Ports
A 90-day tariff truce between the U.S. and China has triggered a surge in delayed shipments heading to Washington’s ports, offering a temporary...
Man in Norway Wakes to Find Huge Container Ship in Garden
A 135-meter-long cargo ship ran aground just meters from a local resident’s home near Trondheim, Norway.
The early morning incident caused no injuries...
MSC Named Lead Investor in CK Hutchison Ports Deal
CK Hutchison confirms MSC, run by the Aponte family, is the primary investor in the sale of 43 global ports.
The $22.8 billion...
Mitsui O.S.K. Lines Progresses Decarbonization with New LNG-Powered VLCC
MOL is ordering a new LNG-fueled VLCC, the first dual-fuel VLCC chartered to a Japanese oil company, with delivery planned for 2027.
The...
Provisional Deal Aims to Modernise EMSA for Future Challenges
The revision of EMSA’s mandate aims to better align the agency’s responsibilities with current and future maritime safety, pollution prevention, and digitalization needs.
...
U.S. Port Fees on Foreign Ships Set to Disrupt Global Trade...
The measures aim to counter China’s dominance in global shipbuilding and logistics infrastructure, as Chinese-built vessels make up a substantial share of global...
A Tragic Error: Chief Officer’s Alleged Phone Use Blamed for Maritime...
In a recent legal ruling, a judge has concluded that a Chief Officer, who was the sole person on watch on the bridge of...
Newly Operational Arctic LNG Carriers Face Direct EU Sanctions
In a surprising escalation of its punitive measures against Russia, the European Union announced its 17th sanctions package yesterday (May 20, 2025), which notably...
Global VLCC Fleet Undergoing Transformation as Older Tonnage Sees Increased Utilization
The global Very Large Crude Carrier (VLCC) fleet is undergoing a significant transformation driven by its increasing age. Currently, 16% of the mainstream-trading VLCC...
Global Scrubber Spread Slightly Decreases, While EU Gas Storage Refill Costs...
At the close of the 21st week of 2025 (May 13-19), global bunker indices, as reported by MABUX, experienced a moderate downturn.
Global Scrubber Spread
The...
Dry Bulk Market Poised for Increased Cargo Volumes with USDA’s Optimistic...
As reported in Commodore Research's most recent Weekly Executive Report, the United States Department of Agriculture (USDA) has released its initial projections for the...
HyCC to Develop Large-Scale Electrolyzer Project in Rotterdam’s Hydrogen Park
HyCC has officially announced its plans to develop H2Next, a large-scale electrolyzer project situated in Rotterdam. This initiative is specifically aimed at supporting the...
New MARPOL Sampling Rules Heighten Compliance Pressure
IMO increases fuel sample volume from 400ml to 600ml under revised MARPOL and SOLAS guidelines.
Stricter rules now apply to sample handling, labelling,...
