Tragic Enclosed Space Incident in Hong Kong SAR Highlights Critical Safety...

The Marine Department of the Hong Kong Special Administrative Region (SAR) has released the findings of its investigation into a fatal enclosed space accident...

Tanker Markets Stay Resilient as Trade Patterns and Oil Flows Reshape...

Breakwave Advisors’ latest Weekly Outlook highlights a mixed performance across tanker segments, reflecting shifting trade flows, emerging oil surpluses, and evolving rate dynamics heading...

Maersk Expands Green Fleet with New Dual-Fuel ‘Brisbane Mærsk

According to an announcement from A.P. Møller–Maersk (Maersk), the shipping line has welcomed the vessel Brisbane Mærsk, the fourth member of its Hermes-class series, into...

China Strengthens Lead in Global Shipbuilding for 2025

According to China’s Ministry of Industry and Information Technology, the nation maintained its dominant position in global shipbuilding across key performance metrics during the...

Maritime Logistics Becomes New Battleground in US-China Trade Conflict

The recent imposition of reciprocal port fees by the US and China marks a significant, new phase in their trade tensions, effectively utilizing maritime...

Fire Breaks Out on General Cargo Carrier in Port of Cartagena,...

A recent fire event involving a general cargo carrier in Spain highlights the importance of portside safety protocols, although the blaze was successfully extinguished...

Maritime Leaders Divided on Feasibility of IMO’s Net-Zero Target

The SMM Maritime Industry Report (MIR) 2025 indicates a dual reality for the global shipping sector: a strong practical commitment to sustainability driven by...

US-China Port Tariffs Cause VLCC Freight Rates to Surge

The new port fees imposed by the US and China have significantly contributed to a surge in Very Large Crude Carrier (VLCC) freight rates....

LNG Shipping Index Returns to Trading Range Amid Positive Long-Term Outlook

The UP World LNG Shipping Index (UPI) experienced a notable rebound, gaining 2.24 points to close at 164.36 points, reflecting a weekly increase of...

[Podcast] IMO Delays Global Carbon Price for Shipping After Key Vote

An extraordinary meeting of the International Maritime Organization's (IMO) Marine Environment Protection Committee (MEPC) ended in a major setback for global climate action after...