US Investment Funds Take Control Of Ukraine’s Olimpex Grain Terminal
In a significant development for Ukraine’s agricultural export infrastructure, Argentem Creek Partners and Innovatus Capital Partners, two U.S.-based investment firms, have gained control of the Olimpex grain terminal in the port of Odessa. This...
Fouling Control And Digital Tools Key To Maritime Decarbonisation And Regulatory Compliance
As the shipping industry navigates a historic transformation toward net-zero emissions by 2050, marine industry leaders gathered at Nor-Shipping in June to address the regulatory pressures and technological solutions driving this change.
With new rules...
India Launches P&I Club to Boost Domestic Shipping
In a major push towards maritime self-reliance, the Ministry of Ports, Shipping and Waterways is preparing to launch India Club, the country’s first indigenous Protection & Indemnity (P&I) insurance entity, by early 2026.
This strategic...
DACKS Successfully Completes Sea Trials Of Its First LNG Dual-Fuel VLCC DE146
Dalian COSCO KHI Ship Engineering (DACKS) has achieved a major milestone with the successful completion of conventional fuel sea trials for its first 309,000 DWT LNG dual-fuel Very Large Crude Carrier (VLCC), named DE146.
This...
South Korea’s Oceans Minister Nominee Vows To Make Busan a Strategic Base For Arctic...
At his parliamentary confirmation hearing, Chun Jae-soo, the nominee for South Korea’s Minister of Oceans and Fisheries, unveiled plans to transform Busan into a strategic maritime hub.
This move aligns with the country’s ambitions to...
MPA Partners with InstaSG to Spotlight Singapore’s Maritime Heritage through Visual Storytelling
In honor of Singapore’s 60th year of independence (SG60), the Maritime and Port Authority of Singapore (MPA) has teamed up with InstaSG for a special 2025 edition of the long-running Mad About Singapore initiative.
Launched...
Dry Bulk Trade Runs Aground as Texas Flooding Hits Key Ports
Severe flooding in Texas has disrupted inland operations of major dry bulk ports in the state, delaying shipments and has the potential to create vessel backlogs. The resulting supply chain congestion would tighten vessel...
DNV: Key IMO Safety Developments
The IMO is advancing efforts to modernize global maritime safety regulations by introducing new rules aimed at improving standards to support emerging technologies and fuels, according to DNV.
Kathrine Ilje Nerland, Senior Principal Engineer, DNV,...
Singapore Bunker Sales Slip as Green Fuels Surge & Trade Tensions Weigh
Singapore's total bunker sales declined slightly to 26.98 million tonnes in the first half of 2025.
Sales of conventional fuels dropped nearly 3%, while alternative fuels saw a sharp increase.
Shipping activity slowed...
Insurance Uncertainty Clouds Shadow Fleet Operations
Over 80% of sanctioned vessels operate without verified insurance, raising safety and environmental alarms.
European states are stepping up inspections, but forged documents hinder enforcement efforts.
Shadow fleet vessels rely on aging ships,...