AD Ports Group and SCZONE Sign 50-Year Agreement for Major Industrial...
AD Ports Group and the Suez Canal Economic Zone (SCZONE) have entered into a significant 50-year renewable agreement. This agreement grants AD Ports Group...
Yang Ming Honored With Sapphire Award For Championing Marine Conservation
Yang Ming Marine Transport Corporation has once again proven its environmental leadership by earning the prestigious Sapphire Award—NOAA’s highest honor—for the fourth time. This...
Kongsberg Maritime To Equip Matson’s New LNG-Powered Megaships
Kongsberg Maritime is set to deliver advanced integrated technologies for three 3,600 TEU LNG-powered container vessels being built at Philly Shipyard for Matson Navigation...
“Floating Office” Vision Advances As Connectivity Revolutionizes Maritime Safety
At Inmarsat’s recent ‘Thriving in the Digital Age’ seminar in Singapore, maritime leaders shared how advanced connectivity is transforming the industry. From AI-managed hydroponics...
Global Economic Jitters Impact Ship Recycling As Recession Fears Grow
As inflation picks up worldwide and the U.S. economy shrinks in Q1, the global shipping and ship recycling industries are navigating rough waters. A...
Incat Launches World’s Largest Battery-Electric Ship In Tasmania
Tasmania has become home to a maritime milestone with the official launch of Incat Hull 096, the world’s largest battery-electric vessel. Commissioned by South...
VINSSEN’s 60kW Hydrogen Fuel Cell Stack Earns Type Approval For Maritime...
South Korea-based maritime decarbonization specialist VINSSEN has achieved a major milestone with the Type Approval certification of its 60kW hydrogen fuel cell stack. The...
Game Theory at Sea: The Prisoner’s Dilemma in Global Shipping and...
In the realm of economics and international trade, decision-making under uncertainty often leads rational players to adopt strategies that, while individually rational, result in...
Korea & U.S. Agree to Launch Transpacific Green Shipping Corridor by...
A green shipping corridor across the Pacific Ocean linking the United States and South Korea is set to be established by 2027, the...
DEME Completes Acquisition of Havfram
Belgian marine engineering giant DEME has completed its acquisition of Norwegian offshore wind contractor Havfram in a deal valued at approximately 900 million euros,...
Smart Shipping: Maersk Upgrades IoT Connectivity Across Its Fleet
A.P. Moller - Maersk (Maersk) is taking a significant step in digital innovation with the deployment of its next-generation IoT connectivity platform, OneWireless,...
Hudson-Athens Lighthouse Suffers Extensive Damage in Hit-and-run
On the night of April 29, 2025, the Hudson-Athens Lighthouse, a 150-year-old beacon on the Hudson River in New York, was struck by a...
S. Korea’s Hanwha Ocean Targets US Navy Orders as Trump Seeks...
Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to...
COSCO SHIPPING Debuts Smart Cargo Hold Cleaner “Hold Cleaning Elf”
COSCO SHIPPING (Qingdao) has launched its independently developed "Hold Cleaning Elf" robot for bulk carriers, a major step in shipping automation.
The robot...
U.S.–Venezuela Oil Flows Hit by Chevron License Loss; Freight Market Mixed
The U.S. Treasury’s revocation of Chevron’s Venezuela license in March 2025 has caused a significant halt in Venezuelan crude exports to the U.S.
...
LNG Freight Gains in Atlantic as LPG Rates Soften on Weak...
LNG market firmed this week, led by sharp gains in the Atlantic basin, with 174k cbm rates on the Sabine–Tokyo route jumping $5,200...
IMO Enhances Safety for Ammonium Nitrate Transport with Revised IMDG Code
The International Maritime Organization (IMO) has adopted revisions to its maritime safety regulations, specifically within the International Maritime Dangerous Goods (IMDG) Code. These changes...
Maersk Subsidiary Becomes Member of Maritime Battery Forum
Stillstrom, part of the A.P. Moller-Maersk Group, joins the Maritime Battery Forum (MBF) to further its mission of zero-emission offshore power.
The company...
Scorpio Tankers Reports Lower Q1 2025 Income but Approves $0.40 Dividend
Scorpio Tankers Inc.has released its financial results for the first quarter of 2025, ending March 31st. In addition to reporting its financial performance, the...
Spanish Ports See Steady Overall Container Traffic but Mixed Performance Among...
Spanish ports experienced steady container traffic in the first three months of 2025, handling a total of 4.32 million TEUs. This figure represents a...
