Bulk Carrier Blast Prompts Coast Guard Safety Zone in Patapsco River

A coal-carrying bulk carrier reported an explosion in the Patapsco River near the Francis Scott Key Bridge site. All 23 crew members and two pilots were safe, though the vessel showed fire and...

Bulk Carrier and Tanker S&P Activity Slows in 2025

Bulk carrier sales down 13% year-to-date. Panamax emerges as the only dry bulk segment with growth. Mid-age and vintage bulk carriers dominate transactions. From January to July 2025, the market for buying and selling...

Lessons Learned: Improper Fumigation Practice Caused Hold Explosion and Damage

A bulk carrier experienced an explosion in one of its cargo holds shortly after departure from the US Gulf. The incident was reported by the Swedish Club and linked to the fumigation process conducted...

Rising Piracy Incidents Signal Security Challenge in Asian Waters

Piracy and armed robbery cases in Asia have already reached 112 in 2025, exceeding last year’s total. Most incidents are Category 3 and 4, with the Straits of Malacca remaining the primary hotspot. ...

Nanjing Tanker to Add Two New LR2 Product/Crude Oil Tankers

Nanjing Tanker Corporation will build two new LR2 product/crude oil tankers to expand its fleet. Dalian Shipbuilding Industry Group Co., Ltd. won the bid, with two other major Chinese shipyards competing. The move...

ABS and Saronic Technologies Partner to Advance Maritime Autonomy

ABS and Saronic Technologies have signed an MoU to collaborate on autonomous maritime technologies. The partnership will focus on advancing technical requirements and classification services for autonomous surface vessels (ASVs). Both companies aim...

Solar Power Set to Cut Emissions at European LNG Terminal

KN Energies has contracted UAB Elmitra to install a 500 kW solar power plant at the Klaipėda LNG terminal. The project will generate nearly 0.5 GWh of electricity annually, cutting over 74 tons...

Engine Failure Causes Bulk Carrier to Run Aground, Towed to Montreal After Salvage Operation

In a recent incident on the St. Lawrence River, a bulk carrier ran aground after experiencing engine failure. The vessel was successfully refloated after some of its cargo was offloaded to lighten it. Bulk Carrier...

World’s First Hybrid Solar-Powered Inland Vessel

Dutch solar innovator Wattlab has equipped HGK Shipping’s cargo vessel Blue Marlin with a 192-panel solar energy system. The installation makes Blue Marlin the world’s first inland shipping vessel capable of hybrid sailing...

Mastering LNG Cargo Operations: Key Strategies to Prevent Rollover

Liquefied natural gas (LNG) is stored and transported at approximately -160°C in specialized vessels called LNG Carriers (LNG/C). Other types of vessels include Floating Storage Units (FSU) for storage and Floating Storage and Regasification...