Paris MoU 2024 Annual Report Highlights Stable Bans but Rising Detention...
The number of bans in 2024 remained stable at 15, continuing a downward trend compared to pre-COVID years.
Detention rates have risen to...
European Ports ‘Overflowing’ Amid U.S. Tariff Policies and Low River Levels
Key European ports like Rotterdam, Antwerp, and Hamburg are experiencing severe congestion, with container delays lasting up to a week.
The crisis is...
Explosion Damages Crude Oil Tanker Off Libyan Coast Amid Rising Maritime...
A crude oil tanker suffered a serious explosion while transiting the central Mediterranean near Libya, prompting maritime security alerts and fueling concerns over an...
AAL Dammam Delivered As Latest Methanol-Ready Heavy Lifter
AAL held the naming and delivery ceremony for AAL Dammam, the latest addition to its next-gen Super B-Class fleet, at CSSC Huangpu Wenchong Shipyard...
SSE To Review CSSC-CSIC Merger Forming World’s Largest Shipbuilder
China’s shipbuilding sector is poised for a major transformation. On July 4, the Shanghai Stock Exchange will convene to review a landmark merger between...
Circle Digital Ventures Joins Global Maritime Forum To Champion Human Sustainability...
In a meaningful step toward enhancing human sustainability in the maritime industry, the Global Maritime Forum has welcomed Circle Digital Ventures as its newest...
Imabari Boosts Stake In JMU To 60% Revive Japan’s Shipbuilding
In a bold move to reclaim Japan’s standing in the global shipbuilding industry, Imabari Shipbuilding, the nation’s largest shipbuilder, has announced plans to increase...
[Podcast] Tariffs, Tensions, And Trade Shocks: Container Shipping Braces
The container shipping industry has been no stranger to disruption—and 2025 is proving to be no different. With trade policies under a second Trump...
Ships Near Strait of Hormuz Transmit Unusual Messages to Deter Attacks
Merchant vessels navigating the tense waters near the Strait of Hormuz have begun broadcasting unconventional radio messages in a bid to prevent attacks amid...
Crude Under Pressure: Global Tensions Lift Prices, Demand Wavers
Oil prices rebound above $85/bbl amid rising geopolitical tensions, particularly in the Middle East and North Africa.
Demand outlook remains fragile, with uneven...
Rhine River Levels Drop to Critical Lows, Forcing Vessels to Halve...
A sustained heat wave across Western Europe has led to a significant drop in water levels on Germany's crucial Rhine River, severely disrupting shipping...
Jinglu Shipyard’s New Builds Feature Advanced Environmental and Efficiency Systems
On June 28, 2025, a significant event in the shipbuilding world took place at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard) with...
New Low-Pressure LCO₂ Carriers Promise Cost-Efficient Carbon Transport for Net-Zero Goal
Liquefied Natural Gas (LNG) is increasingly vital in the global energy landscape, serving a dual purpose: enhancing energy security and significantly contributing to emissions...
Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades
The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates....
Surging LNG Demand Drives HD KSOE’s Latest Contract for Specialized Carriers
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a significant contract win, securing orders for four Liquefied Natural Gas (LNG) carriers from...
Friendship Pass Revolutionizes Cross-Border Trade with Unmanned, Smart Port Operations
The Youyiguan Port, also known as Friendship Pass, a critical land gateway connecting China and Vietnam, is on the cusp of a major transformation...
GCMD Demonstrates End-to-End Value Chain for Onboard CCS
The Global Centre for Maritime Decarbonisation (GCMD), in collaboration with ecosystem partners, has successfully demonstrated the full value chain for onboard captured CO2,...
Valenciaport Expands Green Footprint, Adds “Upcycling the Oceans”
The Port Authority of Valencia (APV), which manages the ports of Valencia, Sagunto, and Gandia, has officially approved its adhesion to the Upcycling the...
Coastal Bend LNG Sets Sail with 22.5 Mtpa Terminal on Texas...
A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast, reports Offshore Energy.
Texas...
Saudi Spark, Hutchison Sign Dryport Concession Agreement
King Salman Energy Park (Spark) and Hutchison Ports signed a concession agreement to oversee the operation and management of a dry port and bonded...
