This Week Trends
Local traders claim that demand at the UAE's main bunker hub of Fujairah is declining due to increased competition from suppliers of high-sulphur fuel oil in the nearby Sharjah port of Khor Fakkan, as reported by S&P Global.
Elevated inventories...
New Lighting Technology offers bright ideas for better interior and exterior lighting that saves money, manpower, reports Marine Link.
US Navy opts Solid State Lighting
The U.S. Navy is leaving traditional lighting behind for Solid State Lighting (SSL) with very long-life...
By J Mintzmyer
Summary
The following is an overview of the importance of proper valuation data in shipping investments, which includes an interview with the team at VesselsValue.com, an industry-leading data source.
This report includes a brief glance at one of our...
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Hot Stuff Coming
SHI Secures $261.5m LNG Carrier Order
Celsius Tankers has ordered an 180,000 cu m LNG newbuilding vessel from Samsung Heavy Industries (SHI), reports Business Korea.
SHI takes first LNG newbuilding order...
Swedish Geneticist Bags Nobel Prize for Decoding Ancient DNA
Svante Pääbo has been awarded a Nobel prize for discoveries about the genomes of extinct hominins and human evolution.
His work helped to...
All Women Officers in Ship, First Time in World Maritime History
An attempt has been made to acknowledge the efforts of women in breaking down the stereotypes in erstwhile male-dominated maritime sector.
The Union...
[Watch] Human Remains Found at Ancient Roman-Era Shipwreck
Underwater archaeologists have found a 2,000-year-old skeleton belonging to a victim of the famed Antikythera shipwreck from ancient Roman times.
The bones are the latest...
LATEST ARTICLES
Lloyd’s Register Partners with DAI Infrastruktur on Green Ammonia Project Ra
Lloyd’s Register has signed an MoU with DAI Infrastruktur for Project Ra, a large-scale green ammonia production and bunkering facility in East Port...
Viking Takes Delivery of Newest Ocean Ship “Viking Vesta” at Fincantieri...
Viking has officially received its newest ocean ship, Viking Vesta®, built by Fincantieri in Ancona, Italy, with 499 staterooms for 998 guests.
The...
COSCO Shipping Delivers Second 114,000 DWT Tanker “DUNE” to TMS Tankers
COSCO Shipping Heavy Industry (Yangzhou) delivered “DUNE,” the second of five 114,000 DWT product tankers built for Greek owner TMS Tankers.
The vessel...
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...
Trump Tariffs Spark Congestion at Overflowing European Ports
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...