Shipbuilding orders rose dramatically from 128.4 million DWT in 2023 to 193.1 million DWT in 2024, with container carriers and tankers leading the...

The World Shipping Council (WSC) opposes the U.S. Trade Representative’s proposed port fees on Chinese-built vessels, warning they will increase costs, worsen inflation,...

The EU is set to compromise on a carbon levy for international shipping, allowing companies to trade carbon credits instead of direct payments. ...

Samsung Heavy Industries has achieved a significant advancement in liquefaction technology for Floating Liquefied Natural Gas (FLNG) facilities. This development is notable because it...

The Global Maritime Forum (GMF) has published a document outlining crucial IMO policy measures and discussion points for the upcoming MEPC 83 meeting (April...

On the major East-West trade routes (Transpacific, Transatlantic, and Asia-North Europe & Med), there have been significant sailing cancellations, reports Drewry.  Drewry’s Predictions  Drewry's predictions and...

With the shipping industry's focus on decarbonization, biofuels are gaining traction as a viable option for shipowners. DNV has published a white paper to...

Egyptian authorities have questioned the crew of a tourist submarine that sank in the Red Sea, claiming the lives of six passengers out of...

The Capesize market began the week on a positive note but weakened as activity failed to maintain momentum. The BCI 5TC started at $22,311...

As the International Maritime Organization (IMO) prepares for crucial climate talks in London from March 31 to April 11, a new report by marine...