Capesize Strength Continues on Strong Seasonal Flow; Spot Rates Projected to...

The dry bulk shipping market is expected to remain stable through the end of the year due to strong seasonal cargo flow, though significant...

Local Legislation Outpaces International Rules, Restricting Grey Water Discharge in Nearshore...

International regulations regarding shipboard sewage discharge, governed by MARPOL Annex IV, strictly control black water (sewage) but generally exempt grey water from direct international...

[Podcast] Shadow Fleet Exploits New Jurisdictions to Obscure Ownership

The characteristics and behaviors used to identify the shadow fleet (vessels serving sanctioned nations like Russia, Iran, and Venezuela) have evolved significantly between 2023...

Tanker Market Surge Spurs Newbuilding Orders Despite Long-Term Caution

The tanker market is witnessing a surge in contracting activity, with the global orderbook now standing at 16% of the existing fleet, according to...

Samsung Heavy Industries And OneOcean Partner To Advance Digital Maritime Innovation

Samsung Heavy Industries (SHI), a global leader in shipbuilding and offshore engineering, has signed a Memorandum of Understanding (MOU) with OneOcean, the digital solutions...

PolyU And Cheoy Lee Shipyards Partner To Advance Green And Intelligent...

The Hong Kong Polytechnic University (PolyU) and Cheoy Lee Shipyards have signed a Memorandum of Understanding (MoU) to promote research and innovation in artificial...

SDHI Signs $220 Million Deal To Build Hybrid Chemical Tankers In...

Shipbuilding and Design Holdings India (SDHI) has announced the signing of a Letter of Intent (LoI) with an undisclosed partner to construct IMO Type...

Korean Register Launches Digital Platforms To Drive Low-Emission And Efficient Shipping

The Korean Register (KR) has unveiled two innovative digital platforms PILOT (Platform for Insightful LOw-emission Transitions) and POWER (Performance evaluation for Operational characteristics, Weather...

China Suspends Countermeasures On Hanwha Ocean Subsidiaries Amid Trade Easing With...

In a move signaling easing trade tensions, Beijing has announced a one-year suspension of countermeasures against five US subsidiaries of South Korea’s Hanwha Ocean....

Hudong-Zhonghua Achieves Two Major Shipbuilding Milestones in One Week

Recently, Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. has reached two major shipbuilding milestones: the successful completion and return of sea trials for a 174,000m³ large...