Over the last few weeks, temporary mismatches in vessel availability and cargo demand (positional imbalances) have caused freight rates to rise towards the higher...

According to data released by the Fujairah Oil Industry Zone on May 7th, 2025, oil product inventories at the UAE's Port of Fujairah remained...

The "Getting to Zero Coalition Action Framework: Documenting actions towards decarbonising shipping" report, released by the Global Maritime Forum's Getting to Zero Coalition, provides...

Wallenius Wilhelmsen has secured a new three-year shipping contract, valued at approximately $140 million, with a major global manufacturer of construction and mining equipment....

Orca AI, a prominent player in the maritime technology sector, has announced the successful completion of a $72.5 million Series B funding round. The...

Four incidents of armed robbery against vessels were reported in Asia, all occurring off the coast of Pulau Cula, Indonesia, within the eastbound lane...

Pilbara Ports Authority (PPA) has released a marine notice outlining stringent new requirements for LNG, alternate, and dual-fuelled vessels calling at the Port of...

Frydenbø Maritime Industries has acquired Elmarin, a Norwegian leader in electric and hybrid maritime propulsion systems. Elmarin will be renamed Frydenbø Elmarin AS...

Despite downward pressure on values, the VLCC (Very Large Crude Carrier) market appears to have found a floor, with 5-year-old 320,000 DWT vessels maintaining...

As of 8:00 a.m. recently, the Electronic Vessel Registry (REN) is officially live for all users, marking a transformative step in Panama’s maritime digital...