Aging VLCC Fleet Shaping Market Trends
The VLCC market is seeing an increase in the nominal fleet size, but the effective capacity is growing at a slower rate due...
Berge Bulk Launches Onboard Carbon Capture Trial
Berge Bulk has installed a carbon capture system on its 63,000 DWT Ultramax vessel, Berge Yotei, as part of its Maritime Marshall Plan...
Red Sea Ceasefire Unlikely to Prompt Quick Shipping Return
A US-Houthi ceasefire announced on May 6 aims to end attacks on US vessels in the Red Sea and Bab al-Mandab Strait, easing...
Tariff Shock Disrupts US-China Trade as First Heavily Taxed Cargo Arrives
The first ships carrying Chinese goods under the new 145% US tariff have arrived, triggering a steep drop in imports and fears of...
HD Hyundai and Partners Sign Deal on AI-Powered Humanoid Robots for...
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Robotics, Persona AI, and Vazil Company signed an agreement to work together on...
Trump Administration Weighs U.S. Virgin Islands Shipping Registry To Boost Maritime...
The Trump administration is exploring a proposal to establish an international shipping registry in the U.S. Virgin Islands (USVI), aiming to expand the American-flagged...
Port of New York And New Jersey Records Strong Cargo Growth...
The Port of New York and New Jersey has reported impressive growth in cargo volumes for March 2025 and the first quarter overall. With...
Seafarer Satisfaction Shows Modest Rise, But Key Welfare Concerns Persist SHI...
The Mission to Seafarers' Seafarers Happiness Index (SHI) for Q1 2025 has reported a slight increase in overall seafarer satisfaction, rising to 6.98/10 from...
Fincantieri, Newcleo & Pininfarina Unveil Visionary Nuclear Reactor At Venice Biennale
At the 19th International Architecture Exhibition of the Venice Biennale, Fincantieri, newcleo, and Pininfarina revealed a pioneering vision for the future of sustainable nuclear...
Pyxis Tankers Secures $45 Million Loan To Fuel Fleet Expansion
Greek shipping company Pyxis Tankers is preparing for a strategic fleet expansion after signing a commitment letter for a bank loan of up to...