India’s ONGC and Japan’s Mitsui OSK Partner to Build Ethane Carriers

ONGC has signed an agreement with Japan’s Mitsui O.S.K. Lines to develop and operate two Very Large Ethane Carriers (VLECs). The vessels will...

Performance Shipping Eyes Fleet Growth After $100 Million Nordic Bond Market...

Greek tanker operator Performance Shipping has raised $100 million through the Nordic bond market to support fleet expansion or repurchase existing bonds. The...

Beihai Shipbuilding Launches First 319,000 DWT VLCC Ahead of Schedule

CSSC Qingdao Beihai Shipbuilding launched its first 319,000 DWT VLCC for Belgium-based CMB.TECH’s Euronav on June 30, 2025. The vessel was completed 58...

Methane Emissions in Shipping Higher Than We Thought, Study Finds

Ship movements in shallow, organic-rich waters can release methane emissions up to 20 times higher than in undisturbed areas. Methane fluxes are linked...

Ocean Carriers Warn of No End in Sight for Global Shipping...

Persistent disruptions, including Red Sea rerouting, port congestion, and trade tensions, are severely impacting global shipping operations. Vessel schedule reliability has fallen to...

Dryad Global Report Reveals Shadow Fleet’s Sophisticated Evasion Tactics Amid Escalating...

Dryad Global's report, "Shadow Fleet Exposed by Sanctions and Sensors," offers a stark look at the evolving battle against illicit maritime operations. The key...

NMA Requires Immediate Action on Vulnerable Emergency Stop Systems on Ships

The Norwegian Maritime Authority (NMA) has issued a significant safety warning regarding a critical flaw found in the design of emergency stop (E-stop) devices...

Trans-Pacific Lanes Experience Steep Drops While Asia-Europe Shows Resilience

Global container freight rates are currently experiencing a notable decline, as indicated by the latest figures from the Freightos Baltic Index (FBX). Trans-Pacific Routes See...

AD Ports Group Partners with Ningbo Zhoushan Port to Revolutionize Vehicle...

AD Ports Group (ADX: ADPORTS), a global leader in logistics, industry, and trade facilitation, and Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd....

India’s DGS Formalizes Partnership with NALSAR for Legal and Policy Expertise

The Directorate General of Shipping (DGS), operating under the Ministry of Ports, Shipping and Waterways, Government of India, has formalized a significant partnership with...