HD Hyundai Secures Defense Cost Management System Certification
HD Hyundai Heavy Industries (HHI) announced that it has obtained certification for its defense cost management system.
This certification underscores HHI's commitment to...
[Watch] Rise of the Smart Container: Shipping’s Digital Revolution
In a world where 90% of consumer goods travel across oceans in steel boxes, the humble shipping container has become one of the most...
Trump Tariffs Add Pressure To Global Steel Prices And Indian Subcontinent...
The recent U.S. announcement of tariffs on steel imports is poised to exert downward pressure on global steel prices and further weaken ship recycling...
Royal Bodewes, CLI Launch Next-Gen Green Vessel for Transatlantic Trade
On May 28, 2025, Royal Bodewes announced a significant advancement in sustainable maritime transport by signing a contract with CLI AG (CLI) for the...
Wan Hai Lines Names “WAN HAI A19” At Samsung Geoje Shipyard,...
Wan Hai Lines held a naming ceremony for its new containership, WAN HAI A19, on 29th May at Samsung Heavy Industries’ Geoje shipyard in...
IMO Issues Interim Guidance on Biofuel Blends
Following extensive efforts by IBIA to highlight the issue of the carriage of greater than B25 biofuels by MARPOL Annex I certified bunker vessels,...
Port Arthur LNG Phase 2 Secures Key DOE Export Permit For...
Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), announced that its Port Arthur LNG Phase 2 project has received a crucial permit from the...
Shipping Industry Posts $5.9b EBIT in Q1 2025 Amid Market Uncertainty
Despite ongoing geopolitical challenges and market volatility, the global container shipping industry reported a combined Earnings Before Interest and Taxes (EBIT) of USD 5.9...
UN Security Council Extends Libya Arms Embargo Vessel
The United Nations Security Council has extended the authorization allowing member states to inspect vessels suspected of violating the Libya arms embargo. The measure,...
South Korea Updates Electric Vessel Standards
Revised “Electric Propulsion Vessel Standards” become effective 29 May 2025, introducing requirements for fuel-cell–powered ships, core system redundancy, and enhanced fire safety in...