This Week Trends
DNV’s new Mobile Inspection App helps ship owners and managers digitalize and streamline the workflow, recording and follow-up of their onboard safety inspections.
The app also provides onshore staff with instant access to the results.
Using the Mobile...
As its fleet capacity edges above 4m teu, MSC is on the cusp of overtaking 2M partner Maersk to become the largest carrier.
The Swiss carrier now controls a fleet of 604 ships for a capacity of 4,015,674 teu, narrowing...
Chevron Marine Lubricants will boost its presence in African ports after extending its joint venture.
Chevron is now an equal partner in Afriquia Lubrifiants, with plans to extend the blending, distribution, and marketing business beyond Morocco to markets...
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Hot Stuff Coming
Prevention Of Pollution Of The Sea Regulations 2022
Prevention of pollution of the sea (ballast water management) (amendment) regulations 2022:
This circular informs the Shipping Community of the above-mentioned amendments to...
Regional Carriers Steam In To Add More Services To lucrative India-Red Sea Trade
The growing India-Red Sea trade continues to see new service additions, as ocean carriers adjust their tonnage deployments to the more-lucrative lane, reports The...
OPEC+ Reduces Oil Supplies, Further Dig Against The US
2 million b/d cuts largest since historic pact in May 2020
Ministers cite recession risks, deny political intent
Biden administration says decision 'shortsighted'
A...
Environmental Groups Call on Arctic Council to Act on Super Pollutants from Ships
Environmental experts and advocacy groups are urging the Arctic Council to take immediate and ambitious action to curb black carbon and methane emissions...
LATEST ARTICLES
China Unveils Erhang Changqing, the Largest Pile-Driving Vessel Ever Built
On January 5, Shanghai Zhenhua Heavy Industries (ZPMC) delivered the Erhang Changqing, a new pile-driving vessel that is being hailed as the largest of...
Japanese Shipping Leaders Express Concern Over New U.S. Tariffs
This week, the Japan International Freight Forwarders Association (JIFFA) reported that the Japanese government has initiated discussions with key shipping industry leaders regarding the...
VLSFO Prices Surpass $550 as Bunker Market Continues Upward Trend
At the close of the 36th week, global bunker indices maintained a moderate upward trend. The MABUX 380 HSFO, VLSFO, and MGO indices all...
Panamax and Supramax Rates Fluctuate as Global Grain Flows Change
This week's analysis of global grain flows highlights significant shifts driven by ongoing U.S.–China trade tensions.
Shifting Grain Trade Dynamics
China's move to reduce its reliance...
GESCO Strengthens Market Position with Strategic Fleet Expansion
The Great Eastern Shipping Company Ltd. (GESCO) has acquired a Kamsarmax dry bulk carrier with a capacity of approximately 81,922 DWT. The vessel, built...
New AI System from Mythos AI to Revolutionize Maritime Navigation
In a significant development for marine technology, Mythos AI has installed its Advanced Pilot Assistance System (APAS) on the chemical tanker, CB Pacific. This...
Q2 2025 Container Shipping Profitability and Performance Overview
Q1 2025 combined EBIT for major shipping lines was USD 5.89 billion, remaining above pre-pandemic levels. Q2 2025 saw a decline in profitability...
South Korea’s POSCO Considers Strategic Entry into Shipping Through HMM Deal
POSCO is preparing to acquire a controlling stake in HMM, valued at around $5 billion, marking its re-entry into the shipping industry.
The...
Understanding Extended Dry-Docking Under MGN 672 (M): Guidance for UK Vessels
MCA has formalized the Extended Dry-Docking (EDD) scheme, allowing qualifying vessels to dry-dock once in 7.5 years instead of twice in 5 years.
...
Lessons Learned: Cargo Damage from Condensation During Fumigation Voyage
This incident summary, based on a report from the Swedish Club, describes cargo damage caused by condensation during a voyage from Mexico to Southern...