BSM Launches Its First Methanol Bunkering Simulator
Maritime services company Bernhard Schulte Shipmanagement (BSM), in partnership with technology group Wärtsilä, has launched its first methanol bunkering simulator at Maritime Training...
Mitsui and MOL Acquire Port of Nigg for UK Offshore Energy...
Mitsui & Co., Ltd. and Mitsui O.S.K. Lines, Ltd. have entered into a share purchase agreement to acquire the terminal/port operation at the Port...
Drewry WCI Reflects Shifting Tides in Global Supply Chain Pricing
Drewry’s World Container Index decreased 1% to $2,499 per 40ft container this week.
Detailed assessment for Thursday, 31 Jul 2025
Drewry's World Container Index (WCI)...
Containership Arrives in Montevideo After Storm Damage at Sea
A large container vessel arrived in Montevideo, Uruguay, on July 29, 2025, after sustaining significant storm damage while sailing off the coast of Rio...
Lawmakers Push to Slash LNG Bunkering Red Tape with New Bill
U.S. Representatives Laurel Lee of Florida and August Pfluger of Texas have introduced the Cutting LNG Bunkering Red Tape Act, aiming to simplify the...
Hanwha-Filial Shipyard Faces Losses as Korea–U.S. Cooperation Grows
Hanwha Group’s bold move to acquire Philly Shipyard in the U.S. for $100 million (approx. 143.1 billion won) is off to a rocky start...
Russian and Ukrainian Seafarers Continue to Struggle with Psychiatric Fallout of...
Ukrainian Crew First Affected, Russian Cases Now Rising.
Stress Triggers Acute Psychological Symptoms at Sea.
Psychotic Episodes Linked to Stress, Not Chronic Illness.
The...
LNG Shipping Faces Oversupply Through 2026, Rates to Stay Weak
Fleet Expansion Continues with Nearly 275 LNGCs Delivering by 2027.
Liquefaction Projects to Absorb Surplus, Boost Demand Post-2027.
150–250 New LNGCs Needed by...
New U.S. Tariff Deals May Ease Uncertainty but Keep Costs Elevated
U.S. secures new trade deals with the EU, Japan, Vietnam, and Indonesia, setting tariffs mostly between 15–20%, bringing more certainty for importers.
Transatlantic...
IMO Bans PFOS in Firefighting Media from 2026
SOLAS and HSC Code Amendments Prohibit PFOS Use.
New Rules Apply to All Ships from 1 January 2026.
Disposal of PFOS Media Must...