Hapag-Lloyd has marked a major industry milestone with the order of the 1,000th B&W ME-GI dual-fuel engine, reaffirming its commitment to sustainable shipping. The commemorative event took place at the company’s headquarters in Hamburg, where...

Trafigura has entered a strategic alliance with maritime tech firm ZeroNorth to enhance fleet efficiency and sustainability. The company will implement ZeroNorth’s AI-powered platform across its 350+ vessels for voyage optimisation, emissions tracking,...

Global Ship Lease’s credit ratings were reaffirmed by Moody’s, S&P, and Kroll, all maintaining stable outlooks. The ratings reflect the company’s strong cash flow, disciplined deleveraging, and secured revenue from long-term charters. Agencies...

COSCO SHIPPING YANGPU, China’s first domestically built methanol dual-fuel containership, completed its maiden voyage and inaugural green methanol bunkering at the Port of Yangpu. The 16,136 TEU vessel features an ultra-large 11,000 m³...

Turkiye enforces pollution fines on a strict liability basis, meaning no proof of negligence is needed. Fines are based on gross tonnage and can multiply significantly depending on ownership, location, and waste type. ...

Armed robbery incidents in the Singapore Straits surged to 57 in the first half of 2025, making up over 60% of global cases. Most attacks involved boarding of large vessels, often with weapons,...

Ammonia is rapidly gaining traction as a potential alternative fuel for maritime transport, offering a promising route toward decarbonization. When produced using renewable energy, green ammonia emits no carbon dioxide during combustion and can...

Key insights: 1. President Trump signed an executive order extending the reciprocal tariff pause for a long list of US trading partners from July 9th to August 1st, as only one agreement has been signed...

According to Xeneta’s Weekly Ocean Container Shipping Market Update for July 8, 2025, global ocean freight rates are climbing sharply, driven by persistent port congestion, equipment shortages, and a strong rebound in demand. Both...

Yemen’s Houthi rebels have released a disturbing video that captures the moment they stormed and sank a commercial cargo ship in the Red Sea. The footage shows armed militants boarding the vessel, using automatic...