Singapore Fuel Oil Stockpiles Hit 3-Month High After Inventory Surge

Onshore fuel oil stockpiles in the Singapore oil storage hub climbed for a third consecutive week, reaching their highest level in three months, reports Baird Maritime citing official data. The inventories rose two per cent...

Drewry: WCI Uptrend Continues with $1,957 Benchmark

Drewry’s World Container Index increased 2% to $1,957 per 40ft container this week. Detailed assessment for Thursday, 11 Dec 2025 The Drewry World Container Index (WCI) rose 2% to $1,957 per 40ft container, marking the...

IMDG Code 42-24: A New Era for Dangerous Goods Compliance

International Maritime Dangerous Goods (IMDG) Code Amendment 42-2 comprises the newest revision to the IMDG Code, formally adopted by the International Maritime Organization (IMO) under Resolution MSC.556(108). Although the updated Code has been available...

Lessons Learned: Unsecured Bulk Hose Near Miss

A Marine Safety Forum alert addresses a near-miss incident involving an unsecured bulk hose during transfer operations on a platform supply vessel, detailing the sequence of events, contributing factors, and subsequent recommendations to enhance...

[Watch] How a Tugboat Tows Ships 1000 Times Bigger?

3D Living Studio explores the inner workings of a Z-drive tugboat, showcasing its powerful towing capabilities. The video details the Z-drive design, clutch mechanism, and Kort nozzle for enhanced efficiency. Learn about essential components...

Piracy in Asia Surges in 2025 as Incidents Hit New High

Asia recorded a sharp rise in piracy and sea-robbery cases, reaching 127 incidents by early December. The Singapore Strait remained the highest-risk corridor, driven by frequent attacks on transiting vessels. Bulk carriers were...

CMES Flags Multi-Year VLCC Boom as Tanker Demand Surges

China Merchants Energy Shipping expects a strong VLCC market through 2026 and possibly into 2027–28. Demand for compliant modern tankers is tightening as long-haul flows hit record highs. Ageing fleets, refinery constraints, and...

PortMiami Posts TEU Growth & Breaks Cruise Passenger Record

Cargo volumes climbed to 1.11 million TEUs, marking 11 straight years above one million. Cruise traffic hit an all-time high with 8.56 million passengers. Officials attribute the port's growth to strategic investments and...

BYD and Corvus Sign Strategic MoU to Accelerate Next-Generation Marine Battery Solutions

BYD Energy Storage, a global leader in the energy storage sector, and Corvus Energy AS (Corvus), the market leader in marine energy storage systems (ESS), today announced the signing of a Memorandum of Understanding (MoU) to...

Euroseas Secures Multi-Year Charters for Three 2,800 TEU Vessels, Adding $75 Million in Expected...

Euroseas Ltd. has secured new forward charter agreements for three of its modern fuel-efficient 2,800 TEU container vessels: the M/V Leonidas Z, M/V Gregos and M/V Terataki. Euroseas is a shipowner and operator of...