Maritime Safety Reimagined: Allianz Insights for a Resilient Future

Allianz Commercial's annual Safety and Shipping Review 2025 highlights a significant milestone in maritime safety: the global fleet experienced a record low of 27...

AM Green and Port of Rotterdam Forge Green Energy Corridor

The partnership targets the annual export of up to 1 million tonnes of green fuels from India to Europe. The Port of Rotterdam...

Smooth Sailing? Indian Ocean MoU Reveals Drop in Detentions for 2024

A total of 5,334 PSC inspections conducted, with nearly half revealing deficiencies. A slight reduction in the detention rate to 4.22%, indicating progress...

SeaClear 2.0: Advancing Autonomous Marine Litter Collection with AI and Robotics

SeaClear 2.0 integrates aerial drones, unmanned surface and underwater vehicles, and AI-powered sensors to autonomously collect marine debris in difficult and hazardous environments. ...

Shippers Pay Premium as Spot Container Rates Surge Amid Tariff Relief

Market average spot rates (23 May 2025) range from USD 1,949/FEU (Far East–North Europe) to USD 4,069/FEU (Far East–US East Coast), with mid-high...

NLNG Urges Customized Regulations and Innovation to Decarbonize LNG Shipping

NLNG calls for cohesive, industry-specific policies and incentives to support decarbonization across the LNG vessel lifecycle. Financing gaps, especially in emerging markets, must...

Dry Bulk Markets Stagnate as Grain Strength Clashes with Coal Weakness

Baltic indices held mostly flat over the past week, with Handysize the only segment posting consecutive daily gains amid neutral overall momentum. Panamax...

Hudong-Zhonghua Launches Smart Shipyard to Boost LNG Carrier Output

Hudong-Zhonghua’s new 431.8-hectare Changxing Island yard, backed by an RMB 18 billion investment, will lift annual LNG carrier output from six to over...

MPC Container Ships Reveals Q1 2025 Results, Updates Capital Strategy

A charter backlog of USD 1.1 billion now covers 96% of 2025 and 77% of 2026, underpinning strong revenue visibility. Q1 revenues of...

Powering the Future: PIL Begins Construction of Next-Gen LNG Dual-Fuel Container...

Pacific International Lines (PIL) has officially commenced the construction of its first 13,000 TEU LNG dual-fuel container vessel. This significant milestone was marked by...