This Week Trends
A Norwegian-headquartered ballast water treatment specialist says it had its best year ever in 2017 delivering more than 60 of its USCG compliant Optimarin Ballast Systems (OBS) to customers.
In addition, Optimarin recorded a healthy pretax profit and saw continued...
A T&E study analyses the demand for battery raw materials, notably lithium, nickel, cobalt and manganese, between 2023 and 2050.
Demand for battery raw materials
Europe, like many other regions, is accelerating efforts to electrify cars, buses and coaches in order...
The American Club has recently launched an important new loss prevention initiative entitled Good Catch.
Good Catch is currently available for download in English and in both new and traditional Mandarin.
Good Catch is aimed directly at seafarers...
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Hot Stuff Coming
ClassNK and Partners Team Up for Use of Ammonia in Marine Transport
Three Japanese firms – NYK Line, Japan Marine United (JMU), ClassNK – have agreed to jointly start R&D project.
The project looks into...
Cargo Ship Engine Room Blast Injures Crew
On August 22, there was a reported engine room explosion aboard a product tanker WEICHSELSTERN, which was anchored on Neue Weser Anchorage, north of...
2022 in Pictures: Striking Photos from Around the World
From Will Smith Oscars Slap to Queen Elizabeth's death, BBC curates a selection of some of the most powerful pictures taken by news agency...
CMA CGM Rolls Out a Billion Dollar Cost Cut Plan
CMA CGM, france, reported a $100 Million net loss in its first quarter on Friday, whereas it reported a 2.9% increase in volumes during...
LATEST ARTICLES
Greek Shipping Leaders Encouraged to Adopt Innovation and Meet Compliance at...
ABS Chairman and CEO Christopher J. Wiernicki called on Greek maritime leaders to align their procedures with evolving regulations, technology readiness, and safety...
NWSA Reports Year-to-Date Growth in 2025 Despite May Slowdown
The Northwest Seaport Alliance (NWSA), encompassing the ports of Seattle and Tacoma, has reported year-to-date (YTD) cargo growth through May 2025, despite experiencing a...
Samsung Heavy’s $3.5B Russia Deal Sinks
South Korean shipbuilder Samsung Heavy Industries said on Wednesday that two orders from Russia's Zvezda worth a total of 4.85 trillion won ($3.54 billion)...
Port of Long Beach Sees 8.2% Cargo Decline in May
Trade moving through the Port of Long Beach declined 8.2% in May due to tariffs and retaliatory tariffs, but a temporary pause on those...
Suez Canal Receives First Giant Container Ship in 15 Months
CMA CGM OSIRIS becomes the first large container ship to transit the Suez Canal since March 2024, signaling a return to normalcy after...
Frontline Ships Continue Persian Gulf Loading Amid Israel-Iran Conflict
Global shipping major Frontline has continued to offer its ships for loading in the Persian Gulf amid the Israel-Iran conflict, and completed at least...
Spot Rates Drop on Transpacific Routes as Sailing Cancellations Ease
Transpacific Spot Rates Plunge Amid Weak Demand.
Asia–Europe Rates Rise 5% as Peak Season Begins.
Transatlantic Rates Hold Steady Despite Market Shifts.
Global container...
India Prepares Oil Backup Plan in Case of Hormuz Disruption
1.5 Million Barrels Daily at Risk Through Hormuz Route.
India May Curb Fuel Exports to Safeguard Domestic Needs.
Reliance, Nayara Handle 82% of...
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The United Arab Emirates blamed navigational errors for a collision involving two oil tankers near the Strait of Hormuz on Tuesday. The incident raised...
Maersk Halts Vessel Calls at Port of Haifa Amid Israel-Iran Conflict
Maersk halts vessel calls at Port of Haifa, Israel.
Decision follows risk assessment linked to Israel-Iran conflict.
Cargo acceptance for Haifa also suspended...