UP World LNG Shipping Index Weekly Report – Week 36, 2025
The UP World LNG Shipping Index (UPI) rose 0.34% to 170.70 points, recovering from the prior week’s losses and staying above the key...
South Asian Ship Recycling Markets Struggle Amid Currency Woes And Weak...
The ship recycling markets across the Indian subcontinent remain in a downward spiral, with ongoing financial and industrial pressures dragging sentiment to record lows,...
Marine Insurers Warn Shipowners Of Liability For Sexual Misconduct At Sea
Shipowners may face direct liability for cases of sexual misconduct at sea, especially if they were aware of a perpetrator’s past behaviour, according to...
Marine Insurers Brace For Post-Globalisation Era, Says IUMI President
The International Union of Marine Insurance (IUMI) has raised concerns about the shifting dynamics of global trade. Speaking at IUMI’s annual conference in Singapore,...
Spain Tightens Measures Against Israel Over Gaza Conflict
Spain has announced a series of new measures aimed at increasing pressure on Israel amid the ongoing Gaza conflict. Prime Minister Pedro Sánchez confirmed...
Freighter Runs Aground In Canada’s Northwest Passage
A 173-meter-long freighter has run aground in the Franklin Strait while en route from Asia to Canada, highlighting the persistent navigational challenges of the...
Singapore Advances As A Global Hub For Sustainable Fuels And Carbon...
Singapore is positioning itself at the forefront of the global energy transition by driving growth in four key areas sustainable products, biofuels, alternative maritime...
ClassNK Grants AiP For Ammonia-Fuelled LPG/NH₃ Carrier
ClassNK has issued an Approval in Principle (AiP) for an ammonia-fuelled LPG/NH₃ carrier jointly applied for by Kawasaki Heavy Industries, Ltd. and MITSUI E&S...
Lessons Learned: Grounding Following Engine Shutdown in South Shore Canal
The Transportation Safety Board of Canada (TSB) investigated a grounding incident involving a general cargo vessel in the South Shore Canal of the St....
Ferus Smit Delivers Innovative Ice-Class Cargo Ship with Hybrid Propulsion
Ferus Smit has launched Kolland, a new hybrid ice-class cargo vessel for Erik Thun Group.
The ship measures 89 meters in length and...