Freight rates jump sharply due to sudden shifts in U.S. tariff policy. A wave of shipping orders followed the pause in tariffs, overwhelming...

New BIMCO Subcommittee Tackles Biofuel Challenges in Shipping. Biofuel Clause Aims to Clarify Charter Party Obligations. BIMCO Drafting Contractual Framework for Biofuel Use. BIMCO...

Brands Hatch to Cut CO₂ Emissions by 3,800 Tonnes Annually. Union Maritime Builds World’s Largest Wind-Assisted Fleet. WindWings® Provide 30% Efficiency Boost Over...

PSA International and the Global Centre for Maritime Decarbonisation (GCMD) have signed a five-year strategic partnership to accelerate decarbonisation across global port ecosystems. ...

Ships transiting the Panama Canal are subject to “Disruption Charges” ranging from USD 15,000 to USD 250,000, based on the severity and timing...

A surge in transpacific shipping capacity is underway following the pause in the US–China trade war, with Asia–North America West Coast (NAWC) capacity...

South Africa has launched its first initiative since 1999 to establish a national shipping company, SASCO, aiming to reduce reliance on foreign carriers...

Russia anticipates a 50% year-on-year increase in foreign vessel traffic through the Northern Sea Route (NSR) in 2025, positioning it as an alternative...

The sentiment regarding new ship orders is indeed quite subdued in the first half of 2025, with expectations for this weak trend to persist...

Rear Admiral Vasileios Gryparis, the commander of the EU's Aspides naval mission, has reported a notable increase in Red Sea marine traffic since August...

Recent data indicates persistent challenges within OPEC+ regarding quota compliance and shifts in crude export patterns, with significant implications for the VLCC tanker market. OPEC+...

At the close of Week 23 (May 27 - June 2, 2025), the global bunker indices published by MABUX demonstrated moderate gains across all...

The HCOB Eurozone Manufacturing PMI (Purchasing Managers' Index) for May 2025, as reported by S&P Global, came in at 49.4, showing a slight improvement...

Mitsui O.S.K. Lines, Ltd. (MOL) announced that its ambitious Wind Hunter Project, a pioneering zero-emission initiative focused on utilizing wind power to produce hydrogen,...

AD Ports Group, a key enabler of global trade and logistics, has officially inaugurated the first phase of the Tbilisi Intermodal Hub in Georgia....

In a major stride toward maritime decarbonization, Alfa Laval has announced the world’s first marine boiler system capable of safely incinerating ammonia emissions. Designed...

MSC Shipmanagement Cyprus has signed a landmark Memorandum of Understanding (MoU) with Frederick University to empower the next generation of maritime professionals. The agreement includes...

At the 60th anniversary of the Nor-Shipping maritime trade fair, ABS (American Bureau of Shipping) awarded Approval in Principle (AIP) to Knutsen NYK Carbon...

GTT has achieved a significant milestone with the Approval in Principle (AiP) granted by DNV for its 1 barg membrane tank design, tailored for...

At Nor-Shipping 2025 in Oslo, Mitsubishi Shipbuilding, part of the Mitsubishi Heavy Industries (MHI) Group, signed a Framework Agreement with Finnish engineering firm Elomatic...