Hanwha Ocean has won a 353.6 billion-won (US$254 million) contract to build two very large crude carriers (VLCCs) for a shipowner in the...

Shipping companies are reducing capacity on East Asia–U.S. routes in response to falling freight rates and weakening cargo demand, reversing earlier expansions made...

South Korea's major shipbuilders are expanding their special ship divisions to prepare for deeper collaboration with the U.S. Navy, particularly in the Maintenance,...

Carbon Ridge has successfully deployed its centrifugal onboard carbon capture system (OCCS) aboard Scorpio Tankers' LR2 product tanker, marking a major milestone in...

Analysts caution that EU-US tariff deals and US-China trade negotiations in Stockholm will not revive weak container shipping demand or stop plummeting freight...

Over the past week, from July 22-28, 2025, no incidents of piracy or armed robbery against ships in Asia were reported to the ReCAAP...

Recent rainfall has led to improved water levels on the River Rhine in Germany, allowing cargo vessels to increase their loads and alleviating some...

In a significant legislative initiative to transform India's maritime logistics, the Merchant Shipping Bill is currently under debate in the Lok Sabha. This bill...

The Bahamas Maritime Authority (BMA) is actively expanding its global presence as a leading maritime registry through international marketing efforts, notably targeting Greek shipowners...

The VLCC (Very Large Crude Carrier) freight market has shifted back to a charterer-led environment, reversing the slight upturn observed in mid-July. This change...