DynaLiners Report Reveals Global Container Handling Trends for 2024

In 2024, the world's top container handling countries, as detailed in the DynaLiners Millionaires report, showed significant growth, with 157 ports handling over one million TEUs each, collectively accounting for 88% of global volume....

Northern Lights Expands Fleet with Third and Fourth LCO2 Carriers

China's Dalian Shipbuilding Industry (DSIC) has launched two new liquefied carbon dioxide (LCO2) carriers for Northern Lights, a joint venture of Shell, Equinor, and TotalEnergies. These are the third and fourth vessels in the...

KOBC Container Composite Index Drops, Signaling Weaker Export Rates

The KOBC Container Composite Index (KCCI) has recently fallen, indicating a weakening trend in spot rates for container exports from Busan, South Korea. This decline is part of a broader trend in the global...

Boosting Trade: New Shipping Route to Strengthen China-Indonesia Connectivity

A new direct shipping route has been launched by Chinese shipping giant COSCO, connecting Batam Port in Indonesia to Yangpu Port in China. This route aims to improve trade and sea connectivity between China...

UAE Expands Ship Recycling Capacity Amid Low Demand

Following new regulations, the UAE is looking to expand its ship recycling capacity to meet the growing demand from ship owners looking to scrap older vessels. The new rules aim to promote safe and...

Russia’s Nuclear-Powered Icebreaker Gets ‘World First’ Female Captain in History

Russia has named Marina Starovoitova as the first woman to be appointed captain of a nuclear-powered icebreaker. This is a significant milestone for gender representation in the country's maritime and nuclear industries. Career and Promotion Starovoitova's...

How Thermal Imaging Cameras Prevent Fire Hazards At Sea?

The American Club’s Good Catch series recently highlighted a real-life incident showing how thermal imaging cameras play a critical role in fire prevention aboard vessels. By including these devices in a ship’s routine maintenance...

New Emission Monitoring Partnership to ‘Bolster’ South Korea’s Maritime Decarbonization Drive

The Korea Ocean Business Corporation (KOBC) has announced an expansion of its Marine Environmental Regulation Response Voucher Program, further strengthening South Korea’s efforts to decarbonize maritime transport. Through a new agreement disclosed on August 21,...

First New Cement Carrier In Two Decades Arrives In Great Lakes

The MV Tamarack, a newly built cement carrier owned by Eureka Shipping, arrived at the Port of Montreal on August 22, 2025, completing her maiden transatlantic voyage. As the first new cement carrier to...

VLCC Market Outlook Strengthens Amid Limited Fleet Growth And Rising Demand

The very large crude carrier (VLCC) market is entering 2025 with strong fundamentals. With only one new VLCC delivered last year and just six expected this year, supply growth remains muted. At the same time,...