ABB to Power SwitcH2’s Floating Green Ammonia Production Vessel

ABB signs a term sheet agreement to provide automation and electrification solutions for SwitcH2’s green ammonia floating production, storage and offloading (FPSO) vessel. ...

World Container Index Drops to Lowest Level Since January 2024

Container Rates Decline for 17th Consecutive Week. Transpacific Spot Rates Stable Amid China’s Golden Week. Asia-Europe Trade Lane Sees Ninth Straight Weekly Drop. Drewry’s...

ECSA Urges Investment in Seafarer Skills for Green and Digital Transition

Seafarers are Essential for Global Trade and Maritime Resilience. Industry Faces Green and Digital Transformation Challenges. Upskilling and Reskilling Seafarers Becomes Top Priority. The...

Tanker Detained Off Penang for Unauthorized Anchoring

Gasoline-Loaded Vessel Held 14 Nautical Miles Off Penang. Crew Reportedly Uncooperative During Inspection. Investigation Launched Over Anchoring Violations and Obstruction. Malaysian authorities took action...

Geopolitical Shifts Redraw Global Shipping and Energy Trade Routes

US-China Port Fee Dispute Adds New Market Risks. COSCO Faces Heavy Financial Impact from Washington’s Tariffs. Beijing Vows Retaliation Against Discriminatory Measures. Geopolitical changes...

Maritime Industry Rallies Behind IMO’s Net-Zero Framework for Global Decarbonisation

Industry Pledges Full Support for Decarbonisation by 2050. Call for Global Rules to Prevent Costly Patchwork Regulations. Governments Urged to Seize Historic Opportunity...

Future of Navigation: UKHO and Marine AI Train Ships to Understand...

Marine Insight reports that the UK Hydrographic Office (UKHO) and Marine AI have launched a groundbreaking research initiative — the first of its kind...

Alabama Port Achieves 50-Foot Milestone, Strengthening Gulf Shipping Capacity

Container News reports that the Alabama Port Authority has successfully achieved a landmark dredging milestone: the Mobile Ship Channel is now confirmed at a...

New Barge Contract Marks Growth Milestone for St. Johns Ship Building

Nautical Voice reports that St. Johns Ship Building, based in Palatka, Florida, has secured a significant contract from Johnson Bros. Corporation to build three...

Höegh Evi, Snam, and HIGAS Collaborate on Sardinia LNG Expansion

Höegh Evi, Snam S.p.A., and HIGAS S.r.l. partner to modernize Sardinia’s LNG terminal in Oristano. A floating storage and regasification unit (FSRU) will...

Strong Demand from India Drives Up Costs for Russian Crude Shipping

Freight rates for Urals crude shipments from Russia to India increased sharply in late September and early October. Crude exports from Russia’s western...

Capesize Sector Drives Surge in Secondhand Bulker Values

Bulk carrier values are climbing steadily, driven by firm freight earnings and strong buying interest in mid-aged eco-designed vessels. Capesize ships are outperforming...

Austal Secures $100 Million Loan to Expand U.S. Naval Shipbuilding Capacity

Austal Limited secured a US$100 million loan from Export Finance Australia to boost its shipbuilding operations in Mobile, Alabama. The funding supports construction...

Global Shipowners Push for Decisive Climate Action at Upcoming IMO Meeting

Major shipowner associations representing about 25% of global tonnage have urged IMO members to adopt the Net-Zero Framework at next week’s meeting. The...

Russia’s Blacklisted Tankers Keep Dumping Oil in Europe’s Seas

The issue of oil pollution from Russian-linked vessels, referred to as the "shadow fleet," continues to pose an environmental risk near European shores despite...

Capesize Rates Climb on Pacific Routes as Tonnage Thins

The dry bulk market has exhibited varied trends across the major vessel segments, with Asian holidays impacting the start of the week but a...

VLCC Returns Remain High Despite Rate Softness in Global Tanker Market

A detailed analysis of the crude oil tanker market reveals varying conditions and price dynamics across the major vessel classes and global trading regions. VLCC...

Weekly Seaborne Oil Market Report – Q4 2025 Outlook

A new analysis from Allied Quantumsea Research, based on AXS data, examines the shifting landscape of the seaborne oil trade as it enters the...

GCMD and IAPH Form Coalition to Accelerate Maritime Decarbonisation

The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Ports and Harbours (IAPH) have formalized a two-year Coalition partnership aimed at...

The Deadly Risk of Asphyxiation in Maritime Enclosed Spaces

A tragic number of fatalities have occurred in the maritime industry due to asphyxiation in enclosed spaces. The following points summarize the scope of...