HD Hyundai to Build World’s Largest Shipyard in Saudi Arabia

HD Hyundai is expanding its collaboration with Saudi Arabia in the shipbuilding and offshore industries, positioning itself as a key partner in the Kingdom’s...

Panama Canal Sees Record Container Traffic But Overall Transits Remain Below...

The Panama Canal Authority (ACP) has cautioned that overall traffic through the waterway will remain below pre-drought levels next year, as softer US import...

VLCCs in the Spotlight: A Resurgent Market in 2025

After a period of subdued earnings, the Very Large Crude Carrier (VLCC) sector has reemerged as a focal point in the tanker freight markets,...

The Rise and Fall of Container Spot Rates — What It...

SCFI Shanghai-US west coast index has dropped to just $1,460 per feu, its lowest point since July 7, 2023. Spot-rate assessments for east-west...

Fire Aboard Containership Leads to Diversion to Busan

On September 27, 2025, a containership en route across the Pacific diverted to a South Korean port after a fire broke out onboard during...

Nuclear Energy Poised to Transform Maritime Sector, Says ABS CEO

Nuclear energy is “emerging as a legitimate, practical, and scalable solution for a wide range of strategic uses,” ABS Chairman and CEO Christopher J....

Samsung Heavy’s AI-based Ship Navigation Triumphs in Pacific Test

Samsung Heavy Industries has completed a transpacific voyage using its in-house developed autonomous navigation system, underscoring the growing race among Korean shipyards to lead...

DP World & Hapag-Lloyd Extend 10-year Deal at Port of Santos

DP World, a global leader in logistics and supply chain solutions, announces the renewal of a long-term agreement with Hapag-Lloyd, one of the world’s...

San Pedro Bay Ports Launch Methanol Bunkering Pilot

Initiative supported by C40 Cities to boost clean fuel adoption. The project aims to create a replicable model for U.S. ports. Pilot to...

ABS Guidance Clarifies Heat Shield Requirements for Engine Room Ladders

PSC may cite deficiency 07120 if gaps exist between ladders and decks. SOLAS II-2/13.4.2.4 requires steel shields for inclined ladders and stairways. Shields...