Bab el Mandeb Transits Hit Highest Level Since Red Sea Exodus
Transits hit their highest level since January 2024.
Bulk carriers and LPG tankers showed the biggest increases month on month.
Evidence that certain owners and operators undeterred despite ongoing attacks.
The sinking of two...
$1M Luxury Yacht Sinks Minutes After Launch in Turkey
A luxury yacht valued at approximately $1 million met a dramatic fate just 15 minutes after its maiden voyage off the coast of Zonguldak in Ereğli, northern Turkey, reports New York Post.
The 85-foot vessel,...
MMMCZCS: What We Know So Far About the IMO Net-Zero Framework
Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) looks at what is known about the International Maritime Organization Net-Zero Framework (IMO NZF) and associated guidelines expected to enter into force, reports Safety4sea.
The big...
Red Sea Incidents Renew Focus on Duty of Care for Crews
Recent attacks in the Red Sea have prompted renewed calls for stronger leadership and greater care for the mental wellbeing of seafarers, reports AJOT.
Following the latest attacks this year which have resulted in the...
NatPower Marine, Wah Kwong Launch JV for Asian Port Electrification
NatPower Marine and Hong Kong-based shipowner Wah Kwong Maritime Transport have set up a joint venture to roll out large-scale shore power and vessel charging infrastructure across Asia, reports Clean Shipping International.
Asian port electrification...
HD Korea Shipbuilding Wins $242m Oil Tanker Order
Two vessels to be built at HD Hyundai Samho by 2027.
Orders in 2025 reach 84 ships worth $11.45b.
Company achieves 63% of annual order target.
On September 4, HD Korea Shipbuilding & Offshore...
LR Adds Wind Propulsion and Ergonomic Design Notations to Ship Rules
Wind-assisted propulsion standards formalised with WAPS and WAPS*.
EASE notation launched for ergonomic and human-centric design.
Updates to RIGGING notations for wind-powered vessels.
Lloyd’s Register (LR) has rolled out some exciting updates to its...
Drewry Index Steadies as Transpacific Rates Rise and Asia–Europe Falls
Transpacific rates rise on carrier GRIs.
Asia–Europe rates fall on vessel oversupply.
Drewry expects further Asia–Europe declines.
Drewry’s World Container Index (WCI) found its footing this week after a lengthy 11-week slide. This stabilisation...
US Threatens Tariffs to Block IMO Marine Emissions Deal
Washington threatens tariffs, visas, and port levies.
State Department pushes allies to reject framework.
The Netherlands receives a US warning on support.
The United States is pushing other nations to turn down a United...
HD Hyundai Commits ₩3.5 Trillion to Safety Enhancements by 2030
HD Hyundai will invest ₩3.5 trillion in safety upgrades across its shipbuilding operations by 2030.
The initiative includes expanded inspections, stricter safety rules, and wider adoption of the “Safe Care” management system.
The...