DP World and ITOCHU Sign MoU to Unlock New Opportunities in Africa
ITOCHU and DP World signed an MoU to expand strategic collaboration in Sub-Saharan Africa.
The alliance will focus on logistics, fleet management, port development, and consumer goods distribution.
DP World has invested over...
Dry Bulk Fleet Outlook Shaped by Slower Ordering and Trade Shifts
Dry bulk carrier newbuilding contracts fell 63% y-o-y in Jan–Jul 2025, with owners cautious amid high costs and regulations.
Capesize orders lead activity, while Panamax and Handysize segments remain quiet due to young...
IMO Net-Zero Proposal Faces Opposition from Washington and Riyadh
The U.S. and Saudi Arabia have rejected the IMO’s proposed Net-Zero Framework, citing cost and authority concerns.
Washington warned the plan could act as a “carbon tax” and undermine LNG and biofuel industries...
2024 USCG Report: Marine Casualties and Flag State Detentions on the Rise
A total of 1,806 reportable marine casualties were recorded in 2024 across 2,084 inspected vessels.
Material failure remained the leading cause of incidents for most vessel categories, while collisions were most frequent among...
Container Throughput at Port of Hong Kong Continues Decline in July
The Port of Hong Kong handled 1.079m teu in July, reflecting a decline of 6.5% compared to July 2025.
Drilling down into the figures the Kwai Tsing Terminals were not as adversely affected in July,...
Perception and Happiness Barriers
Two friends, Arjun and Meera, are sitting by a campfire after a long day of hiking up a mountain. Arjun’s dog, Buddy, lies nearby, wagging his tail lazily. The evening sky is painted in...
MABUX: Global Bunker Prices Ease, Europe LNG Demand Surges
Global bunker indices continued a moderate decline in Week 34, with HSFO, VLSFO, and MGO showing small reductions, while the scrubber spread remained well below the $100 breakeven mark.
U.S. LNG exports to...
Panama Canal Sets $5.2 Billion Budget for 2026 and Declares Río Indio Project Public...
Panama Canal’s FY2026 budget set at B/.5.2072 billion, with a projected contribution of B/.3.1938 billion to the National Treasury.
Investments emphasize water sustainability, basin support, business diversification, and workforce development.
The government introduced...
[Watch] Where Ships Go to Die?
Marine Insight explores the final chapter in the life of ships—where they go to die. From iconic cargo vessels to cruise ships and oil tankers, we’ll dive into the journey of decommissioned vessels, uncovering...
Major Oil Depot & Tanker Severely Damaged After Russian Drone Strike at Izmail Port
In a significant escalation in maritime conflict, a large oil depot and a fully loaded tanker were critically damaged during a large-scale drone attack on the Ukrainian port of Izmail, reports Marine Insight.
The drone...