Korea Verifies World’s First Real-World Maritime IoT Network
Korean researchers have achieved a global breakthrough by successfully verifying the world’s first real-world Maritime Internet of Things (MIoT) communication network. Developed by the...
Spain’s Number One Controls Half Of The Country’s Container Fleet
Boluda Corporación Marítima stands firmly at the top of Spain’s container shipping sector, controlling more than half of the total capacity deployed by the...
DNV And WMMF Release Net-Zero Guide To Support Shipping’s Decarbonization Journey
As global regulations tighten and commercial pressures mount, the maritime industry is undergoing a major transformation toward lower greenhouse gas (GHG) emissions. To support...
Russia Wraps Up Final Arctic LNG Shipment As Winter Ice Returns
With thick winter sea ice closing in across the Arctic, Russia has likely completed its final liquefied natural gas (LNG) shipment of the year...
ClassNK Publishes Updated Requirements For STS Operations Under Panama’s Revised MMC-217
ClassNK has released Technical Information No. TEC-1367, dated 18 November 2025, detailing new obligations introduced by the Panama Maritime Authority (PMA) under the updated...
Lessons Learned: Generator Error Causes Gas Tanker To Lose Propulsion
A gas tanker had just left its berth at the Port of Brisbane when it lost propulsion for two minutes as two of its...
SHS: Seafarer Wellbeing Should Be A Priority for Sustainable Shipping
Seafarer wellbeing needs to be a strategic priority for the shipping industry if it is to reach its sustainability goals, according to a new...
Genco Shipping to Acquire Newcastlemax Vessel Duo for $145.5M
Genco Shipping & Trading, the largest U.S. headquartered dry bulk shipowner focused on the global transportation of commodities, has agreed to acquire two 2020-built...
USCG: Regular Inspections Stop Potential Failures in Firefighting Systems
The U.S. Coast Guard has issued a safety alert highlighting a critical failure discovered in a Halon 1301 fixed fire extinguishing system aboard an...
Global Shipbuilding Boom: Market Poised to Hit $228 Billion by 2032
Global Shipbuilding Market size was valued at USD 162.14 Billion in 2024 and is projected to reach nearly USD 228.82 Billion by 2032, growing...
Greece’s Piraeus Port Not for Sale, China Tells US
China's controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for sale, the Chinese embassy in Greece...
Icebreaker Pact Strengthened by Trilateral Cooperation
The Public Services and Procurement Canada announced that on 18 November 2025, Canada, Finland, and the United States signed a Joint Statement of Intent...
Major Expansion Planned to Boost Capacity at Peru’s Key Pacific Gateway
Two-year project to lift capacity to 24,000 containers.
New direct routes from China and South Korea cut transit to 23 days.
Strong demand...
Port & Shipping Equities Show Mixed Momentum as Market Divergence Widens
Drewry Maritime Financial Research reports that global port and shipping equities closed the week of 14 November 2025 with a mix of gains and...
Major Newbuild Deal Boosts Korean Yard’s 2025 Orderbook
Korean builder wins $1.3bn order for seven boxships.
Deliveries to run through late 2029.
Annual order tally reaches $6.9bn with 39 vessels booked.
A...
Sanctions Pressure Pushes Russian Oil Liftings Down and Shadow Fleet Demand...
Tanker demand rises despite export losses.
Floating storage surges as buyers hesitate.
Loss of European tonnage tightens vessel availability.
Russian crude liftings have plummeted...
Mixed Movements Keep Global Box Rates Stable
Transpacific rates fall for second straight week.
Asia–Europe rates rise for sixth consecutive week.
Carriers plan higher FAK rates from 1 December.
The Drewry...
Tanker Held Under Sheriff’s Arrest Off Singapore
Arrest executed through maritime law specialists.
Previous abandonment case noted in India.
Operators silent on reasons for latest detention.
A Liberian-flagged chemical and oil...
Transpacific Ocean Rates Slide; Asia-Europe Freight Holds Steady
The team at Freightos reports that while carriers attempted General Rate Increases (GRIs) in October and early November, the underlying fundamentals of maritime trade...
Cape of Good Hope Becomes Preferred Route for Panamaxes
Market analysts report that China’s move to reinstate soybean import licences for three US companies from 10 November marks another incremental step toward conditions...
