ReCAAP ISC Lowers Threat Level for Crew Abduction in Sulu-Celebes Seas

According to ReCAAP ISC's classification, a CAT 4 incident is considered the "least significant" in nature. In such incidents, the perpetrators are not armed,...

LNG Shipping Index Climbs 3% on Strong Trading Volumes

In a week marked by notable political developments in the United States, the market sentiment displayed surprising optimism, leading to an upward movement in...

Dry Bulk Market Navigates Tariff Uncertainty, China’s Stimulus a Potential Offset

Following the recent tariff announcements by the U.S. administration and the resulting volatility in global markets, sentiment in the dry bulk sector has also...

China Merchants Finalizes Acquisition of Qingdao Yangfan Shipbuilding

China Merchants has finalized the acquisition of Qingdao Yangfan Shipbuilding. This acquisition expands China Merchants' shipyard portfolio to a total of seven facilities and...

Strategic Partnership Aims to Modernize India’s Maritime Infrastructure

Several companies are collaborating to jointly assess potential opportunities for engaging with government entities, particularly major ports. The primary objective of these engagements is...

ECSA Welcomes IMO Net-Zero Framework as “Good Starting Point”

The recently approved package of new greenhouse gas (GHG) emissions reduction regulations, often referred to as the "IMO net-zero framework," is indeed a critically...

Port Of Hamburg Advances Green Shipping With Successful Shore Power Test...

The Port of Hamburg has marked a major step toward climate-friendly maritime logistics with the successful testing of a new shore-side power station at...

Port of Long Beach Becomes Busiest U.S. Container Port In Q1...

The Port of Long Beach has emerged as the busiest container port in the United States for the first quarter of 2025, achieving historic...

Chimbusco Pan Nation Launches B30 Biofuel Bunkering In Hong Kong Waters

Chimbusco Pan Nation Petro-Chemical (CPN), a leading Hong Kong-based marine fuel supplier, has officially commenced B30 biofuel bunkering services in Hong Kong, marking a...

Shore Power Market Set To Surpass $10 Billion By 2034 Amid...

The global shore power market is projected to grow significantly over the next decade, with a market value estimated at $4.2 billion in 2024...