The Tokyo Memorandum of Understanding (MoU) has issued a safety bulletin and launched a focused inspection campaign to address increasing risks associated with improper pilot transfer arrangements on vessels. Sharp Increase in Deficiencies and Detentions Between...

Losses in various individual sectors along the entire dry bulk range across the recent past saw the overall benchmark index lose about 5% of its overall value, which would explain the recent (and ongoing)...

Northern Lights JV has achieved a key milestone, injecting the first volumes of carbon dioxide into its offshore storage site in the Norwegian North Sea, reports gCaptain. The CO₂ was transported through a 100-km pipeline...

Prosecutors say the tanker deliberately dragged its anchor along the seabed to sever five undersea cables. Finnish prosecutors are seeking 2.5 years in prison for the tanker’s senior officers. A high-profile trial commenced in...

Pilbara Ports handled 64.4 Mt in July 2025, up 8% from July 2024. Port of Port Hedland achieved 46.9 Mt throughput, including 46.6 Mt of iron ore exports. Imports at Port Hedland rose...

Drydocks World, a DP World company, has been awarded an EPC contract by AMIGO LNG for the world’s largest FLNG facility. The project includes converting two LNG carriers into FSUs and building two...

Tanker market patterns are shifting due to new refining hubs, regulatory changes, and evolving energy demand. Crude oil flows remain strong, with Asia driving demand and the U.S. and Middle East playing key...

Major carriers reported mixed 2Q25 results, with Maersk, Hapag-Lloyd, and RCL showing revenue gains while others, including OOIL and Yang Ming Marine, saw declines. Rising costs and weaker freight rates pressured earnings despite...

Idle fleet remains at just 0.5% of the global 32.5 MTEU liner capacity. Increase of only 28,000 TEU in idle vessels, largely due to operational or geopolitical factors. About 20,000 TEU sidelined by...

New Russian restrictions on foreign vessels, particularly at the port of Kavkaz, have sharply disrupted grain exports, with August shipments plunging to 350,000 tonnes compared to 1.49 million tonnes a year earlier. Under...