BEML, KSOE and HSHI Unite to Build India’s Next-Generation Maritime & Port Crane Ecosystem
BEML announced a major development for India’s maritime sector on 5 December 2025. The company signed a strategic Memorandum of Understanding with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries....
Tanker Market Update: Rates Ease Across Segments in Week 49
The Baltic Exchange reported a mixed but largely softer Week 49 for the global tanker market. Activity varied across regions and vessel classes, with several key indices sliding through the week. Clean and crude...
Dry-Bulk Market Outlook — Week 49 2025
The Baltic Exchange reported a dynamic Week 49 for the dry-bulk sector, with clear momentum in some vessel classes and softer sentiment in others. The market moved through early optimism, a strong mid-week upswing...
Singapore Issues 2026 Updates to Safety and Pollution Rules for the Shipping Industry
The Maritime and Port Authority of Singapore announced new amendments to its safety and pollution-reporting rules. These updates take effect on January 1, 2026, and align Singapore’s requirements with recent decisions made by the International Maritime...
Ship Recycling Markets Struggle as Supply Remains Tight in Early December
GMS reports that ship recyclers faced another slow week as December opened, with the Baltic Exchange continuing its decline. The Dry Index fell nearly 3% as pressure increased across major freight segments. Capesize rates...
China’s Bold Leap Toward Thorium Propulsion Signals a New Era for Container Shipping
The South China Morning Post reports that Jiangnan Shipyard is moving ahead with plans for the world’s first thorium-powered container vessel. The shipyard is designing a 25,000-container ship and expects construction to begin in...
ClassNK Grants First General Design Approval for Low-Pressure LCO₂ Cargo Tank
ClassNK has issued the world’s first General Design Approval for a low-pressure liquefied CO₂ cargo tank that removes the need for post-weld heat treatment.
The approval verifies compliance at the detailed design level...
CMA CGM Sets Suez Return on India–US East Coast Service
A major carrier will reroute its India–Pakistan–US East Coast service through the Suez Canal, both eastbound and westbound.
The change cuts full loop transit time by around two weeks compared with routing via...
Italy Completes First Ship-to-Ship Bio-LNG Bunkering in Genoa
Italy has carried out its first ship to ship bio-LNG bunkering operation at the Port of Genoa.
The operation marks a milestone for ferry routes in the country as bio-LNG becomes part of...
WMU Launches Global Research Initiative To Tackle Seafarer Abandonment
The World Maritime University (WMU) has launched a groundbreaking research project aimed at addressing the persistent issue of seafarer abandonment a problem that continues to affect maritime workers worldwide. Supported financially by Saudi Arabia’s...