Port State Control Targets Fire Safety and Navigation Shortfalls in Q2
In the second quarter of 2025, DNV-classed vessels experienced a significant number of detentions during Port State Control (PSC) inspections, with a total of 73 recorded cases. Over 80 percent of these took place...
Red Sea FAQs: Houthis Assure Safe Passage for ‘Compliant’ Ships
New release of FAQs aimed at legitimising their attacks on Israeli-affiliated ships
Experts say it won’t change the shipowners’ operations in the Red Sea
The threat level from Houthi attacks remains ‘severe’
In a...
South China Sea Clash and Narco-Sub Discovery Raise Global Maritime Threats
Fuel costs may rise 3–7% from rerouting in contested waters.
War risk insurance premiums climbing 12–15% annually.
Singapore port congestion could impact crude and auto trade flows.
As geopolitical tensions, organised crime, and cyber...
Panama Canal to Enter Ports Business as Trump-China Feud Simmers
CK Hutchison runs existing ports outside the canal jurisdiction.
$8.5 billion capital plan includes ports, pipelines, and reservoirs.
Modern cranes to boost efficiency, compete with the Port of Cartagena.
The Panama Canal is gearing...
HD Hyundai to Revive Shipbuilding in Subic with $550 Million Investment
200-hectare lease from Agila Subic secured for 10 years.
$550 million investment planned over the next decade.
Production target set at 10 ships per year.
South Korea’s HD Hyundai is gearing up to kick...
LTEG and ITOCHU Partner on 300 KTPA Green Ammonia Project in Kandla
ITOCHU to offtake ammonia for bunkering operations in Singapore.
L&T’s land acquisition at Kandla boosts green energy plans.
Partnership supports zero-emission marine fuel adoption.
L&T Energy GreenTech Ltd (LTEG), a fully-owned branch of Larsen...
Steady Fleet Growth and Ageing Shape Dry Bulk Market Outlook
Global orderbook stays under 10% with 2026 delivery peak.
Ageing concentrated in the Handysize and Supramax segments.
Capesize fleet remains younger and competitive.
The active dry bulk fleet is made up of nearly 13,000...
Lessons Learned: Importance of Cooling Cycle in Preventing Laundry Burns
This safety alert, issued by the Marine Safety Forum (MSF), describes an onboard incident in which a crew member sustained a burn injury while using laundry equipment. The report aims to highlight operational hazards...
Lloyd’s Register Launches LR Ports Advisory for Global Port Operations
Lloyd’s Register has launched LR Ports Advisory to provide specialized support for global port operations.
The new team offers expertise in regulatory compliance, energy transition, asset management, and performance optimization.
Services address key...
Drewry Reports Strong Shipping Equity Performance for Early August
Global shipping equity indices posted broad gains for the week ending August 8, 2025, led by LPG shipping with a 9.8% rise.
Ports and container shipping benefited from stronger forecasts and trade growth,...