Anemoi, Hafnia, GSI, DNV Collaborate on Rotor Sails for MR tankers

Anemoi Marine Technologies Ltd has announced that it is collaborating with Hafnia Limited, Guangzhou Shipyard International (GSI), and DNV to develop the integration...

[Watch] You’re Being Lied to About Ocean Plastic!

Plastic pollution is getting worse — despite widespread public awareness of the problem, massive investment in recycling, and years of pledges to stop polluting....

Turkey Tightens Istanbul Strait Anchorage Rules

Strict Compliance Required for Anchorage in Istanbul Strait Zones. Turkish Ministry Warns of Sanctions for Anchoring Outside Designated Areas. New Regulations Aim to...

Transpacific Freight Rates Surge as World Container Index Climbs 8%

For nearly a decade, Drewry's World Container Index (WCI) has been the industry standard, independent worldwide benchmark for index-linked contracts. Companies interested in index-linked...

China–U.S. Tariff Truce Triggers Surge in Freight Rates

Shippers Rush to Capitalise on 90-Day Tariff Grace Period. Freight Rates Climb as China–U.S. Trade Tensions Ease. Trans-Pacific Shipping Demand Rebounds After Tariff...

Transit Time Deviations Pose Bigger Risk Than Long Durations

IQR Reveals Predictability Gaps in South American Trade Lanes. Import Planning Challenged by Wide Transit Time Deviations. Asia-WCSA Most Predictable Route by Transit...

ABS Approves HD KSOE’s Advanced Ethane Cargo System Design

HD KSOE Secures AIP from ABS for VLEC Cargo Handling Innovation. ABS Backs HD KSOE’s Next-Gen Ethane Handling System for VLECs. HD KSOE...

MacGregor to Supply Electric Cargo Cranes for Vertom Vessels Built in...

MacGregor has received an order from Vertom Group to supply fully electric cargo cranes for four multipurpose vessels to be built at Chowgule...

ICS Accredits Abu Dhabi Maritime Academy as ITC

Abu Dhabi Maritime Academy (ADMA) has been officially accredited as an International Teaching Centre (ITC) by the Institute of Chartered Shipbrokers (ICS), strengthening...

INEOS, Wagenborg Launch First EU-Built CO₂ Carrier for CCS

The launch of Carbon Destroyer 1, Europe’s first dedicated offshore CO₂ carrier, marks a milestone in the development of Project Greensand and the...

TSUNEISHI Delivers First Methanol-Powered Ultramax

TSUNEISHI Shipbuilding delivered the world’s first methanol dual-fuelled bulk carrier, the TESS66 AEROLINE, with a 65,700 dwt capacity, on 13 May 2025. The...

Greek Shipowners Lead Global Tanker Orders in 2024

Greek shipowners have ordered 606 new vessels, maintaining their leadership in global ship ordering, especially in the tanker segment. The Greek-owned fleet hit...

Driving Zero-Emission Shipping: MMMCZCS Report Highlights Key Areas for Action

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has released its inaugural Impact Report, highlighting the significant role of collaborative initiatives in...

IMO’s March 2025 Piracy Report Reveals 24 Incidents of Piracy and...

The International Maritime Organization (IMO) has indeed published its Monthly Piracy Report for March 2025. According to SAFETY4SEA, the report indicates that there were...

Capesize Rates Ease While Panamax Faces Further Downward Pressure

The current market indicates a steady level of chartering interest from mining companies, vessel operators, and tender processes for laycan dates at the very...

Boom or Bust? LNG Shipping’s Massive Order Book Faces Climate Scrutiny

Despite growing concerns over stranded asset risks, the potential for decades of carbon lock-in, and a mounting emissions toll, LNG shipping giants are continuing...

Operating in Difficult Waters: Cyprus Provides Instructions for Ballast Water Management

Cyprus' Ministry of Shipping has released guidance for ships operating under its flag to ensure compliance with the International Ballast Water Management (IBWM) Convention,...

Liberia Mandates Trained Personnel for Hazardous Area Electrical Installations

This Marine Advisory serves as a directive to shipowners, operators, recognized organizations, inspectors, and shipmasters. Its purpose is to emphasize the critical importance of...

Minerva Expands Fleet With Purchase Of Seventh Boxship ‘Little Symphony’

Greek shipping company Minerva has strengthened its position in the container shipping sector by acquiring the 1,781 TEU vessel Mindoro from German shipowner Briese...

Tanker Market Weekly Snapshot Rates Waver Amid Mixed Fundamentals

Tanker markets are witnessing a period of mixed sentiment and shifting fundamentals. Despite some fresh cargoes emerging, freight rates across VLCC, Suezmax, and Aframax...