[FAQ] How Methanol and Ammonia Are Powering Zero-Emission Shipping
The shipping industry is responsible for between 2 and 3% of all global emissions. In recognition of this, the International Maritime Organization has set the ambitious goal to fully decarbonise the sector by 2050....
Millions Lost at Sea: Preventable Cargo Claims Plague Shipping Industry
Ship Management International highlighting the significant financial impact of preventable container cargo claims in the maritime industry. It explores common causes and practical solutions to reduce these costly incidents.
Year after year, container ship operators...
Drewry: Carbon Costs Rise as EU ETS Hits Shipping
Shipping companies must surrender EU allowances (EUAs) by 30 September 2025, covering emissions from 1 January to 31 December 2024.
Dry bulk operators face escalating expenses: approximately US $320 million in 2024, rising to US $560 million in...
T.S. Lines Ups the Ante with $125.6M Vessel Deal Revision
T.S. Lines Limited announced it has entered into amended shipbuilding contracts with Huangpu Wenchong Shipbuilding Company Limited and China Shipbuilding Trading Co., Ltd., for the construction of two new container vessels, reports Port News.
T.S....
IMO 2025 Theme Our Ocean Our Obligation Our Opportunity
IMO enforces a global framework for safer, cleaner seas.
The theme aligns with UN agreements and ocean initiatives.
Celebrations set for London and UAE events.
The Secretary-General of the IMO, Arsenio Dominguez, recently kicked...
30 Gulf Lease Sales and 6 in Alaska Set Under Trump Energy Plan
30 lease sales planned in the Gulf of America, covering 14–15% of U.S. crude output.
The Gulf lease program aims to support jobs and deepwater investment.
Six lease sales are scheduled in Alaska’s...
Clean Arctic Alliance Response to China’s New Containership Route Through Arctic
Black carbon emissions pose a heightened climate threat in Arctic waters.
Increased shipping risks, disturbance to wildlife, and coastal communities.
Fragile Arctic ecosystem faces a higher risk of oil spills.
China’s Haijie Shipping Company...
Dry Bulker Newbuilding Orders Collapse in 2025 After Record Highs
Ordering slump follows record peak of 63.9m Dwt in 2024.
Newbuilding prices remain high despite weakening demand.
Capesize leads with 57% of total orders, Supramax at 31%.
In the first seven months of 2025,...
Atlantic Basin Strength Pressures Crude Prices in August
OPEC+ supply fears ease as Pacific Basin exports remain weak.
South America leads gains with exports 9% above seasonal highs.
Middle East Gulf shipments fall 860kbd m-o-m, below seasonal average.
During the first half...
Lessons Learned: Cargo Damage During Loading and Voyage
A recent incident reported by the Swedish Club involved cargo damage during the loading and transport of steel products. Weather conditions and procedural challenges during cargo handling contributed to the damage.
What Happened
A vessel was...