LATEST ARTICLES

[Watch] How Oil Tankers Stay Afloat – The Science Explained

An “oil tanker” is a specialized ship built to carry large volumes of oil or petroleum products across seas and oceans. Broadly, tanker ships...

Mawani and ARASCO Seal SAR 200 Million Deal for Grain Logistics...

Mawani announced a SAR 200 million (USD 53 million) agreement with ARASCO to develop a grain-focused logistics centre at King Abdulaziz Port in Dammam....

BEML, KSOE and HSHI Unite to Build India’s Next-Generation Maritime &...

BEML announced a major development for India’s maritime sector on 5 December 2025. The company signed a strategic Memorandum of Understanding with HD Korea...

Tanker Market Update: Rates Ease Across Segments in Week 49

The Baltic Exchange reported a mixed but largely softer Week 49 for the global tanker market. Activity varied across regions and vessel classes, with...

Dry-Bulk Market Outlook — Week 49 2025

The Baltic Exchange reported a dynamic Week 49 for the dry-bulk sector, with clear momentum in some vessel classes and softer sentiment in others....

Singapore Issues 2026 Updates to Safety and Pollution Rules for the...

The Maritime and Port Authority of Singapore announced new amendments to its safety and pollution-reporting rules. These updates take effect on January 1, 2026, and...

Ship Recycling Markets Struggle as Supply Remains Tight in Early December

GMS reports that ship recyclers faced another slow week as December opened, with the Baltic Exchange continuing its decline. The Dry Index fell nearly...

China’s Bold Leap Toward Thorium Propulsion Signals a New Era for...

The South China Morning Post reports that Jiangnan Shipyard is moving ahead with plans for the world’s first thorium-powered container vessel. The shipyard is...

ClassNK Grants First General Design Approval for Low-Pressure LCO₂ Cargo Tank

ClassNK has issued the world’s first General Design Approval for a low-pressure liquefied CO₂ cargo tank that removes the need for post-weld heat...

CMA CGM Sets Suez Return on India–US East Coast Service

A major carrier will reroute its India–Pakistan–US East Coast service through the Suez Canal, both eastbound and westbound. The change cuts full loop...