VLCC and Suezmax Rates Soar as Tanker Asset Values Remain Historically...

An overview of the current crude and product tanker markets shows sustained high asset values and strong earnings, supported by limited vessel supply and...

Bunker Market Update: Indices Fall as Scrubber Spread Narrows Further

This week's analysis by MABUX covers the continued moderate downward trend in global bunker fuel indices, the narrowing of the scrubber spread, and key...

Container Ship Recycling Overhang Tops 500 Vessels, Totalling 1.8 Million TEU

The container ship recycling overhang, a result of low scrapping activity since 2021, is estimated to be at least 500 ships with a capacity...

Software Innovation Meets Maritime Expertise in Houston Gathering

The recent user summit held by the ABS-affiliated software company showcased its commitment to digital innovation and customer collaboration in the maritime sector. The...

VMA’s 105th Maritime Banquet Highlights Leadership, Service, and Community Impact

The Virginia Maritime Association announced the gathering of over 800 maritime professionals, industry partners and honoured guests at its 105th Annual Maritime Banquet held...

UK Urged to Adopt Cabotage Laws to Safeguard Maritime Jobs and...

Nautilus International has called on the UK government to adopt cabotage laws to secure national maritime employment and preserve seafaring skills. The union highlighted...

ESPO Pushes for Full EU Support of CEF to Boost Port...

The European Sea Ports Organisation (ESPO) welcomed the decision by the European Commission to continue the Connecting Europe Facility (CEF) programme, emphasising that ports...

Evergreen Line Adopts ORBCOMM’s Smart Container Technology For Dry Fleet

ORBCOMM® has announced that Evergreen Line will equip its dry container fleet with ORBCOMM’s advanced smart container technology, marking a significant step toward the...

DNV Grants AiP for Revolutionary SMR-Powered Container Vessel Design

DNV announced that HD KSOE has received an Approval in Principle (AiP) for a 15,000 TEU container vessel concept powered by Small Modular Reactor...

Safe Manual Lifting Practices At Sea

Manual handling of loads such as lifting, lowering, carrying, pushing, or pulling is a routine part of seafaring life. However, improper lifting techniques remain...