During the second quarter of 2025, all-in freight rates for shipments from the Far East to most global destinations saw a general decline compared...

BIO-UV Group has developed a new containerized ballast water treatment system, designed to address compliance challenges for floating offshore wind projects. The system provides...

Very Large Crude Carrier (VLCC) spot rates began September at their strongest point since early June, primarily driven by strong demand for vessels in...

Samsung Heavy Industries (SHI) announced on September 9 that it will receive the world’s first Approval in Principle (AiP) for a 174,000㎥ liquefied natural...

The 2025 reshuffling of carrier alliances has triggered a dramatic realignment in the Asia-Europe trade lane, concentrating market power in select European container hubs....

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP ISC) has confirmed that no incidents of armed robbery...

Meyer Turku Shipyard celebrated a major milestone with the keel laying of the fourth ship in Royal Caribbean’s Icon Class. Known for now as...

COSCO Heavy Industries has placed an order for one of the marine market’s most environmentally friendly compressed air systems to equip a jack-up foundation...

HJ Shipbuilding & Constr has signed a landmark contract worth 640.8 billion won (approximately $500 million USD) with an undisclosed client on September 2,...

A joint report from the Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub—known as The Decarb Hub—highlights an urgent financial gap threatening...