IMO Promotes Gender Equality at WISTA Conference

Secretary-General stresses collaboration for low- and zero-carbon maritime transition. Seafarer well-being and gender balance highlighted in key discussions. Data-driven action central to IMO–WISTA...

Hanwha Ocean Posts 11-Fold Operating Profit Surge in Q3

Hanwha Ocean reported on the 27th that it recorded sales of 3.0234 trillion Korean won and an operating profit of 289.8 billion Korean won...

Bulk Carrier Sinks After Collision Off Guangzhou; Two Crew Missing

A Singapore-registered container ship collided with a Chinese-registered bulk carrier in waters off Guangzhou, China, on October 25 at about 8 PM (Singapore time),...

MOL and SCI Join Forces to Power Green Tugboat Revolution

Mitsui OSK Lines (MOL) and the Shipping Corporation of India (SCI) have signed a memorandum of understanding (MoU) to collaborate on tugboat operations in...

STS Bunkering Service Starts at Vizhinjam International Seaport

A ship-to-ship bunkering service has commenced at Vizhinjam International Seaport in India, making it easier for container ships to refuel locally, reports Safety4sea. Vizhinjam Port...

Ship Recycling Market “Woefully Slow,” Says GMS

Global markets seemed to take a breather this week as things turned slow across the board once again, not only on the shipping side...

[Watch] How Much Fuel Does a Cruise Ship Use?

Daily, the average cruise ship uses around 140-150 tonnes of fuel, or 30 to 50 gallons per mile. That is way above the lifetime...

Gas Market Weekly Outlook: LNG Strengthens as LPG Tones Down in...

The Baltic Exchange, in its Weekly Gas Market Report for Week 43, highlighted a steady upswing in the LNG sector while LPG rates softened...

Container Market Week 43: Stable Momentum Amid Regional Rate Shifts

The Baltic Exchange, in its latest Container Market Weekly Report, reported a stable market outlook for Week 43, noting that container freight rates recorded...

LNG Newbuild Orders Halve in 2025 — Signs of a Rebound...

Drewry Maritime Research reports that orders for liquefied natural gas (LNG) carriers have fallen sharply in 2025, reflecting a more cautious investment environment shaped...