Lessons Learned: Shocking Risk at the Dock

BSU reports of a health hazard to a dock worker due to electric shock when connecting a refrigerated container on board a container ship. What...

U.S. Port Fees Reshape Dry Bulk Fleet Strategy

Port fees hurt frequent U.S. callers – Chinese-built ships face rising costs with repeated U.S. port visits. Shift to Japanese-built vessels – Higher...

USCG Annual Report 2024: 82 Vessels Detained During the Year

In 2024, the Coast Guard conducted 8,710 SOLAS safety exams with a total of 82 detentions. The annual detention rate decreased from 1.22...

K Line’s Profit for Fiscal Year 2024 Up 199.4% To $2bln

Kawasaki Kisen Kaisha, Ltd. has announced its consolidated financial results for the fiscal year ended March 31, 2025, reporting operating revenues of ¥1,047,944 million...

Wärtsilä Launches Carbon Capture System for Ships

Wärtsilä has introduced its onboard carbon capture and storage (CCS) system to the maritime industry. The system can reduce CO₂ emissions by up...

Ocean Yield Increases Stake in France LNG Shipping to 45%

Ocean Yield AS has announced an agreement to acquire Access Capital Partners' share in Geogas LNG, thereby increasing its indirect economic interest in France...

European Commission Approves Reintroduction of Italy’s “International Registry” Scheme

The European Commission has given its approval for the reintroduction of Italy's "International Registry" scheme. This initiative is designed to incentivize shipping companies to...

Samsung Heavy Industries Expands FLNG Portfolio with Deep-Sea Model

Samsung Heavy Industries (SHI) has announced an expansion of its product offerings with the development of the MLF-O, which stands for Modularized LNG Floater...

IMO Regulations Projected to Significantly Increase Ship Operating Expenses

The International Maritime Organization's (IMO) recently agreed Net-Zero Framework is projected to significantly increase ship operating costs. By 2035, it is estimated that this...

Concerning Maritime Security Overview: Dryad Global Reports Rising Risks and Tensions

This week's maritime security overview paints a concerning picture with several key areas experiencing heightened risks and tensions, reports Dryad Global.  Persisting Piracy  Maritime crime remains...