IMO Net-Zero Proposal Faces Opposition from Washington and Riyadh
The U.S. and Saudi Arabia have rejected the IMO’s proposed Net-Zero Framework, citing cost and authority concerns.
Washington warned the plan could act as a “carbon tax” and undermine LNG and biofuel industries...
2024 USCG Report: Marine Casualties and Flag State Detentions on the Rise
A total of 1,806 reportable marine casualties were recorded in 2024 across 2,084 inspected vessels.
Material failure remained the leading cause of incidents for most vessel categories, while collisions were most frequent among...
Container Throughput at Port of Hong Kong Continues Decline in July
The Port of Hong Kong handled 1.079m teu in July, reflecting a decline of 6.5% compared to July 2025.
Drilling down into the figures the Kwai Tsing Terminals were not as adversely affected in July,...
Perception and Happiness Barriers
Two friends, Arjun and Meera, are sitting by a campfire after a long day of hiking up a mountain. Arjun’s dog, Buddy, lies nearby, wagging his tail lazily. The evening sky is painted in...
MABUX: Global Bunker Prices Ease, Europe LNG Demand Surges
Global bunker indices continued a moderate decline in Week 34, with HSFO, VLSFO, and MGO showing small reductions, while the scrubber spread remained well below the $100 breakeven mark.
U.S. LNG exports to...
Panama Canal Sets $5.2 Billion Budget for 2026 and Declares Río Indio Project Public...
Panama Canal’s FY2026 budget set at B/.5.2072 billion, with a projected contribution of B/.3.1938 billion to the National Treasury.
Investments emphasize water sustainability, basin support, business diversification, and workforce development.
The government introduced...
[Watch] Where Ships Go to Die?
Marine Insight explores the final chapter in the life of ships—where they go to die. From iconic cargo vessels to cruise ships and oil tankers, we’ll dive into the journey of decommissioned vessels, uncovering...
Major Oil Depot & Tanker Severely Damaged After Russian Drone Strike at Izmail Port
In a significant escalation in maritime conflict, a large oil depot and a fully loaded tanker were critically damaged during a large-scale drone attack on the Ukrainian port of Izmail, reports Marine Insight.
The drone...
Turkish Ports Tighten Regulations on Israel-Linked Shipping
Turkish port authorities have begun imposing new restrictions on vessels with links to Israel. Shipping agents are now being asked to provide written assurances confirming that ships have no connections to Israel and are...
South Korea Revises Rules on Eco-friendly Vessel Standards
The Ministry of Oceans and Fisheries of South Korea announced that it has revised the “Regulation on Standards and Certification of Eco-Friendly Ships,” jointly enacted with the Ministry of Trade, Industry and Energy, reports...