New MR Tanker Design With Forward Accommodation Gains Approval

At Nor-Shipping 2025, Lloyd’s Register (LR), HD Hyundai Mipo Dockyard (HMD), and the Liberian International Ship & Corporate Registry (LISCR) signed an Approval in...

Turbulence Ahead: Navigating 2025’s New Trade Uncertainty

Global shipping markets face volatility as the Baltic Dry Index and container freight rates decline amid weakening demand. Geopolitical tensions and trade disputes...

NYK and MPA Collaborate on Autonomous Ship Technology

NYK collaborates with Singapore's Maritime and Port Authority (MPA) and MTI Co., Ltd. on port-to-port autonomous vessel trials. Over 60 experts from industry...

NCFI: Freight Rates Ease Sharply to Europe Amid Capacity Recovery

The Ningbo Containerised Freight Index (NCFI), compiled weekly by the Ningbo Shipping Exchange and published by the Baltic Exchange, offers a snapshot of container...

Allseas Launches Ambitious Plan to Pioneer Nuclear Energy at Sea

Allseas to develop Small Modular Reactors (SMRs) for zero-emission power on offshore vessels and industrial clusters. Five-year roadmap includes concept design, regulatory approval,...

Chinese Ship Runs Aground Off Pagasa Island

A grounding incident near Thitu Island amid stormy conditions sparked swift attention from the Filipino military and coast guard. Philippine forces offered humanitarian...

Russia Boosts Oil Exports by 30% Via Shadow Fleet to Evade...

30% surge in Russian crude exports via non-G7 tankers as sanctions tighten. Over 80% of seaborne crude now bypasses G7-owned, insured, or flagged...

Lloyd’s Register and Hyundai Develop Hybrid SOFC Propulsion for LNG Carriers

New MoU Signed to Develop High-Efficiency SOFC Hybrid Propulsion System. Joint Development Project Targets Emissions Reduction and Operational Flexibility. Lloyd’s Register to Provide...

Hong Kong Ship Recycling Rules Begin June 2025

Convention Applies to Ships 500 GT and Above on International Voyages. New Ships Must Have an Approved Hazardous Materials Inventory at Delivery. Existing...

Asia–U.S. Freight Rates Double as Shippers Rush Ahead of Tariffs

Shippers Accelerate Bookings Ahead of Tariff Deadline. FBX01 Soars to $6,015/FEU from $2,770/FEU. China to U.S. East Coast Rates Jump Over $3,000. This week...

U.S. Suspends Nuclear Equipment Exports to China

  Westinghouse and Emerson Affected by License Freeze. Commerce Dept. Reviews Strategic Exports Amid Rising Tensions. GE Aerospace Blocked from Shipping Jet Engines to...

ABS Approves New LNG Systems by HD Hyundai and KSOE

New Cargo and Fuel Gas Systems Aim to Tackle Boil-Off Gas Challenges. Innovative Designs Unveiled at Nor-Shipping 60th Anniversary. HHI Targets IMO 2050...

Wärtsilä’s Fit4Power Retrofit Sets New Standards in Fuel Efficiency and Emission...

Wärtsilä’s Fit4Power solution will upgrade the ONE Maestro to improve engine efficiency and reduce fuel consumption by about 13%. The retrofit includes new...

Drewry: Transpacific Rates Surge Amid Reduced Cancellations

Severe port congestion persists across Europe, Asia, and the U.S., disrupting vessel schedules and inland logistics. Shippers are frontloading on the China–U.S. trade...

ASBI Shipping FZCO Launches To Expand Mid-Size LPG Tanker Fleet in...

Al Seer Marine and B International Shipping & Logistics have joined forces to create ASBI Shipping FZCO, a new joint venture focused on owning...

Lloyd’s Register And China Cruises Forge Strategic Partnership For Cruise Industry...

Lloyd’s Register (LR), a global leader in classification services for cruise ships, has entered into a strategic cooperation agreement with China Cruises. Building on...

DNV and Indonesian University Partner to Advance Maritime Innovation

DNV and Institut Teknologi Sepuluh Nopember (ITS) formalized their long-term partnership on 3 June to boost education, research, and innovation in maritime and...

Norway Joins Global Maritime Network with Launch of Propeller Club

The International Propeller Club has officially launched its Norwegian branch to connect maritime professionals and enhance Norway’s role in the global shipping industry. ...

Cruise Ships at Amsterdam Now Plug into Clean Shore Power Ahead...

Passenger Terminal Amsterdam (PTA) now offers shore power for cruise ships, allowing them to shut down onboard generators while docked. This reduces emissions...

AD Ports, Masdar, Advario & CMA CGM to Explore E-Methanol Bunkering...

Partners agree to explore development of e-methanol bunkering facilities in Khalifa Port and KEZAD Agreement supports decarbonisation of global shipping Strengthens UAE-France business...