U.S. Sounds Alarm Over China’s Expanding Arctic Fleet and Rising Strategic Tensions
The U.S. Department of Homeland Security (DHS) has raised concerns over a surge in Chinese military and research vessels in Arctic waters during 2025. The findings are part of a report on the trilateral...
Iran Seizes Eswatini-Flagged Vessel Over Alleged Fuel Smuggling
Iran’s maritime forces have detained an Eswatini-flagged vessel accused of carrying a large quantity of smuggled gasoil. The incident, reported by the semi-official Tasnim news agency, highlights Iran’s ongoing efforts to curb fuel smuggling...
Global Recycling And Freight Markets Face Turbulence Amid Falling Prices And Rising Rates
The past week has revealed heightened volatility across global recycling and freight markets, according to GMS’ latest report. Steel prices, currency movements, freight rates, and limited vessel supply all contributed to a complex and...
[Podcast] Is Shipping Ready For A Red Sea Return? Experts Warn Against Rushing Back
With the recent lull in Houthi attacks in the Red Sea, major shipping players including Maersk have hinted that a return to the Suez route may be closer than expected. While optimism grows, maritime...
DNV Expands Its Additive Manufacturing Standard To Boost Sustainability And Industrial Adoption
DNV has released a major update to its flagship additive manufacturing (AM) standard, DNV-ST-B203, marking a significant step forward in advancing safe, cost-effective, and sustainable 3D printing for the energy and maritime sectors. Developed...
Integrated HD Hyundai Heavy Industries Sets Ambitious Path To Global Leadership After Merger
HD Hyundai’s major shipbuilding units HD Hyundai Heavy Industries and HD Hyundai Mipo have officially merged to form the integrated HD Hyundai Heavy Industries. Following regulatory approvals and shareholder consent, the merger positions the...
IMO and EU Launch “Future-Ready Shipping In Africa” To Accelerate Maritime Decarbonization And Digitalization
The International Maritime Organization (IMO) and the European Union (EU) have jointly launched the “Future-Ready Shipping in Africa” project, a major initiative aimed at guiding African nations toward a greener, more digitally advanced maritime...
Third Russia-Linked Oil Tanker Suffers Explosions at Sea
A tanker anchored off the coast of Dakar, Senegal, experienced a series of explosions in the early hours of November 27, reports Reuters.
According to the vessel’s operator, four external blasts struck the ship, causing...
IMO Successfully Elects 2026-2027 Council
The 34th session of the International Maritime Organization (IMO) Assembly has announced the election of 40 Member States to the IMO Council for 2026–2027.
2026-2027 IMO Council elected
The Council is the executive organ of IMO...
VLCC Market Overheats: Analysts Fear an Oversupply Storm
The VLCC market is currently experiencing an exceptional upswing, with spot freight rates frequently surpassing six-figure daily earnings. This momentum has been fuelled by rising crude supply from OPEC+ nations and heightened stocking activities...