Maritime Industry Rallies Behind IMO’s Net-Zero Framework for Global Decarbonisation
Industry Pledges Full Support for Decarbonisation by 2050.
Call for Global Rules to Prevent Costly Patchwork Regulations.
Governments Urged to Seize Historic Opportunity for Climate Action.
Leading international maritime associations and organisations have reiterated...
Future of Navigation: UKHO and Marine AI Train Ships to Understand Real-Time Maritime Data
Marine Insight reports that the UK Hydrographic Office (UKHO) and Marine AI have launched a groundbreaking research initiative — the first of its kind — designed to teach autonomous ships how to interpret and...
Alabama Port Achieves 50-Foot Milestone, Strengthening Gulf Shipping Capacity
Container News reports that the Alabama Port Authority has successfully achieved a landmark dredging milestone: the Mobile Ship Channel is now confirmed at a 50-foot authorized depth.
This enhancement positions the Port of Mobile as...
New Barge Contract Marks Growth Milestone for St. Johns Ship Building
Nautical Voice reports that St. Johns Ship Building, based in Palatka, Florida, has secured a significant contract from Johnson Bros. Corporation to build three steel deck barges, each measuring 140 × 40 × 8...
Höegh Evi, Snam, and HIGAS Collaborate on Sardinia LNG Expansion
Höegh Evi, Snam S.p.A., and HIGAS S.r.l. partner to modernize Sardinia’s LNG terminal in Oristano.
A floating storage and regasification unit (FSRU) will be built to enhance LNG supply and distribution across the...
Strong Demand from India Drives Up Costs for Russian Crude Shipping
Freight rates for Urals crude shipments from Russia to India increased sharply in late September and early October.
Crude exports from Russia’s western ports reached a record 2.5 million barrels per day, driven...
Capesize Sector Drives Surge in Secondhand Bulker Values
Bulk carrier values are climbing steadily, driven by firm freight earnings and strong buying interest in mid-aged eco-designed vessels.
Capesize ships are outperforming other segments, supported by robust long-haul iron ore and bauxite...
Austal Secures $100 Million Loan to Expand U.S. Naval Shipbuilding Capacity
Austal Limited secured a US$100 million loan from Export Finance Australia to boost its shipbuilding operations in Mobile, Alabama.
The funding supports construction of U.S. Navy and Coast Guard vessels, including the Final...
Global Shipowners Push for Decisive Climate Action at Upcoming IMO Meeting
Major shipowner associations representing about 25% of global tonnage have urged IMO members to adopt the Net-Zero Framework at next week’s meeting.
The framework aims to enforce global emission-reduction mandates and promote investment...
Russia’s Blacklisted Tankers Keep Dumping Oil in Europe’s Seas
The issue of oil pollution from Russian-linked vessels, referred to as the "shadow fleet," continues to pose an environmental risk near European shores despite Western sanctions. A recent investigation highlights the limitations of current...