Hazardous Leak at Hamburg Dock Prompted Rapid Response

Lipaton Spill Triggers Emergency Response in Hamburg Port. Industrial Chemical Leak Reaches Water at Hamburg Dock. Fireboats Deployed After Container Leak in Hamburg. On July 20th, a chemical leak was reported from a container...

EU Delists Three MOL LNG Carriers in First Sanctions Reversal

MOL LNG Vessels Removed from EU Blacklist After Lobbying. North Moon, North Ocean, North Light Delisted by EU. EU Reverses Sanctions on MOL LNG Ships Linked to Yamal Project. In a surprising turn of...

Wärtsilä Reports Strong H1 2025 Performance with Key Financial Highlights

Strong quarterly performance with 20% organic growth in order intake and 13% organic growth in net sales Comparable operating result up 18% and cash flow from operations nearly doubled year-over-year Record-high order book...

Korea Eyes Arctic Route for Strategic Shipping Shift

South Korea is positioning the Arctic route as a long-term logistics strategy to elevate Busan as a central hub linking Asia and Europe. Despite its potential to shorten shipping distances and bypass geopolitical...

Yang Ming Rolls Out LNG Dual‑Fuel Orders in Partnership with Hanwha Ocean

The IMO Council finalized the revised Strategic Plan for 2024–2029, agreed on the 2026–2027 budget outline, and endorsed key governance and procedural reforms. The Council reviewed financial performance, made progress on multilingualism and...

Expansion of Global Shipbuilding Capacity Targeting North Africa, India, and the U.S.

A leading shipbuilder is exploring operations at a major North African shipyard to meet growing global maritime demand. Strategic partnerships in India and the U.S. are part of efforts to decentralize production and...

Lessons Learned: Hand Injuries from Sharp Objects During Routine Deck Operations

This summary is based on two separate incidents reported by a member to the International Marine Contractors Association (IMCA), highlighting hand injuries sustained while handling sharp objects during routine tasks onboard. What Happened Incident 1: A...

Wärtsilä to Sell Marine Electrical Systems Business to VINCI Energies

Wärtsilä is divesting its Marine Electrical Systems unit to VINCI Energies as part of a strategic portfolio realignment. The business has annual revenues of EUR 100 million and includes Wärtsilä SAM Electronics GmbH...

China–U.S Container Freight Rates Decline as Market Reverts to Pre-Tariff Levels

Freight rates from China to the U.S. have returned to pre-tariff levels. Overcapacity, weak demand, and blank sailings are key contributors to the decline. Asia–Europe rates are showing mixed movement, with pressure building. ...

PowerAlign by Cavotec Delivers Flexible Shore Power for Terminals

Cavotec has launched PowerAlign, a modular and mobile shore power solution for container terminals. The system occupies less than 3.5 m² and keeps the quay area clear for operations. PowerAlign offers up to 140 m...