Ningbo Freight Market Steadies with Modest Gains
The latest weekly update of the Ningbo Containerised Freight Index (NCFI) shows a slight but noticeable improvement in freight rates on several major trade routes. The overall composite index recorded a marginal rise, indicating...
IMO Sets CII Targets Through 2030, SEEMP Updates Required
SEEMP Part III Revisions Needed by End of 2025.
Shipowners Must Submit Updated SEEMP Plans by October.
IMO Finalises CII Reduction Timeline, Triggers Compliance Push.
The International Maritime Organisation (IMO) has officially confirmed the...
Japanese Shipping Firms Plan Training Vessel Donation
Industry Backs JMETS Reform with New Training Ship.
Major Carriers Support Seafarer Training Upgrade.
Shipping Sector to Aid JMETS with Vessel by 2030.
Japan’s leading ocean shipping companies — MOL, NYK Line, and "K"...
Subcontinent Dynamics and Global Outlook Shape Ship Recycling Trends
Bangladesh Faces Delays, India Gains on Stability.
H2 Recycling Activity Set to Rise Amid Trade Disruptions.
Older Vessels Likely to Boost Supply in Coming Months.
According to the latest report from GMS, the ship...
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...