The struggles of the LNG carrier Buran in the Chukchi Sea highlight the significant operational and strategic risks Russia faces in attempting to maintain...

The India Maritime Week event, headlined by the Prime Minister, signifies a crucial shift in Indian government policy, moving beyond viewing shipping merely as...

The recent agreement between the US and China, along with the tentative return of some container ships to the Suez Canal, has mixed and...

The United Kingdom Maritime Trade Operations (UKMTO) has reported a security incident approximately 332 nautical miles east of Mogadishu, Somalia. The event underscores ongoing...

The memorandums of understanding (MoUs) signed by the Jawaharlal Nehru Port Authority (JNPA) for projects worth over ₹2.2 trillion cover both its existing facility,...

Singapore-based Seatrium has announced that it has entered into a binding agreement with Brazil’s Posidonia Shipping and Trading to sell 100% equity interest in...

As 2025 nears its end, the global ocean freight market is entering a dramatic shift. Freight rates are falling, carriers are blanking sailings, and...

The International Bunker Industry Association (IBIA) and the International Association of Dry Cargo Shipowners (INTERCARGO) have signed a reciprocal membership agreement to enhance cooperation...

HD Korea Shipbuilding & Offshore Engineering Co. has reported a remarkable financial performance for the third quarter, achieving a sharp rise in both profit...

The shipping industry has entered a new phase the Maritime 5.0 world, characterized by rapid technological advancement, digital ecosystems, artificial intelligence, and sustainable fuels....