Qatar's maritime sector continues to surge forward, with Hamad, Ruwais, and Doha ports recording significant increases in cargo volumes, vessel arrivals, and cruise tourism in May 2025. These developments mark a substantial leap in the...

Driven by stricter emissions regulations and rising fuel costs, global demand for advanced propeller retrofits and energy-saving devices (ESDs) has surged nearly fourfold since 2020. A new Lloyd’s Register (LR) report offers critical insights into...

The crew of a cargo ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard. The 22 crew members were safely...

Great Eastern Shipping Company (GE Shipping), one of India’s largest private shipping firms, has expressed optimism about a recovery in the dry bulk shipping segment, while maintaining a cautious stance on tanker freight rates,...

Greek bulker owner Diana Shipping has entered into a time charter contract with Bohai Ocean Shipping for one of its newcastlemax vessels, reads an official press release. Time Charter Contract The company hired the 2017-built,...

Danish shipping heavyweight Norden is doubling down on its strategy of converting leased tonnage into owned assets—and then reselling them for a profit, according to an official release. Norden cashes in on MR tankers The Copenhagen-listed...

At the 10th Maritime Silk Road Port Cooperation Forum in Ningbo, HAROPA PORT and the Port of Ningbo-Zhoushan signed a strategic partnership agreement aimed at accelerating the ecological transition of maritime transport, according to...

TORM (TRMD, Financial) has acquired the remaining 25% stake in ME Production (MEP), thereby achieving full ownership and bolstering green maritime innovation. ME Production has installed over 70 exhaust gas cleaning systems on...

Cargo Vessel Attacked Near São Tomé as Gulf of Guinea Piracy Rises. Drone Attacks From Shipping Containers Escalate Maritime Security Threats. Ukraine Uses Container-Launched Drones in Strikes on Russian Bases. The maritime industry is...

Limited Fleet Growth and Robust Commodity Demand Support Capesize Market. Ageing Fleet and Low New Orders Boost Long-Term Capesize Earnings Outlook. Iron Ore Imports and New Guinea Project Drive Capesize Demand Growth. In the...