Arctic LNG 2 Train 2 Starts Up Despite Sanctions and Hurdles
The launch of the second production line at Russia's Arctic LNG 2 project, marked by the first carrier docking at Train 2, signals progress...
Shipping Emissions Surge 5% Due to Rerouting and Increased Speeds
A new report by the United Nations Conference on Trade and Development (UNCTAD) highlights a global maritime trade environment characterized by volatility, rerouted flows,...
Strategic Gotland Island Becomes Centerpiece of NATO’s Eastern Flank Defense
The strategic importance of the island of Gotland in the Baltic Sea has become a central focus for NATO and its allies, particularly following...
Authorities Investigate Partial Sinking of Bulk Carrier En Route to Kuwait
A partial sinking incident involving a bulk carrier occurred in the Persian Gulf off the coast of Iran on September 24.
Incident Summary
The incident happened...
SCFI Plummets 14.3%, Signalling Global Shipping Rate Collapse
A major contraction is occurring in the global container shipping market, marked by the steepest decline in global shipping rates in nearly a decade....
SHI’s SAS System Executes Over 200 Automatic Controls on Container Ship
Samsung Heavy Industries (SHI) has successfully completed a trans-Pacific demonstration voyage of its proprietary artificial intelligence (AI) autonomous navigation system, SAS (Samsung Autonomous Ship)....
Klaipėda Port Accelerates Green Transition With New Power And Hydrogen Projects
Klaipėda State Seaport Authority is taking significant steps towards sustainable maritime operations with major investments in electrification and green hydrogen infrastructure. These initiatives align...
Asia’s LNG Market Opportunities And Challenges Amid Falling Prices
Asia’s liquified natural gas (LNG) market is on the cusp of a major transformation. According to energy consultancy Wood Mackenzie, the region represents an...
South Korea Advances LNG Bunkering With POSCO-KOSPO Collaboration
South Korea is taking a major step toward strengthening its domestic LNG bunkering capabilities through a Memorandum of Understanding (MoU) between POSCO International and...
India’s ₹69,725 Crore Push To Revitalize The Maritime And Shipbuilding Sector
Recognizing the strategic and economic importance of the maritime industry, the Union Cabinet led by Prime Minister Shri Narendra Modi has approved a landmark...