COSCO Shipping Delivers Second 114,000 DWT Tanker “DUNE” to TMS Tankers
COSCO Shipping Heavy Industry (Yangzhou) delivered “DUNE,” the second of five 114,000 DWT product tankers built for Greek owner TMS Tankers.
The vessel is a sister ship to “LAMU,” delivered in May, and...
Paris MoU 2024 Annual Report Highlights Stable Bans but Rising Detention Rates
The number of bans in 2024 remained stable at 15, continuing a downward trend compared to pre-COVID years.
Detention rates have risen to 4.03% in 2024, up from 3.81% in 2023, maintaining a...
European Ports ‘Overflowing’ Amid U.S. Tariff Policies and Low River Levels
Key European ports like Rotterdam, Antwerp, and Hamburg are experiencing severe congestion, with container delays lasting up to a week.
The crisis is driven by Donald Trump’s erratic tariff policy changes, a breakdown...
Explosion Damages Crude Oil Tanker Off Libyan Coast Amid Rising Maritime Security Concerns
A crude oil tanker suffered a serious explosion while transiting the central Mediterranean near Libya, prompting maritime security alerts and fueling concerns over an ongoing pattern of attacks on vessels with prior links to...
AAL Dammam Delivered As Latest Methanol-Ready Heavy Lifter
AAL held the naming and delivery ceremony for AAL Dammam, the latest addition to its next-gen Super B-Class fleet, at CSSC Huangpu Wenchong Shipyard in China.
The vessel immediately began its maiden voyage carrying offshore...
SSE To Review CSSC-CSIC Merger Forming World’s Largest Shipbuilder
China’s shipbuilding sector is poised for a major transformation. On July 4, the Shanghai Stock Exchange will convene to review a landmark merger between China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation...
Circle Digital Ventures Joins Global Maritime Forum To Champion Human Sustainability At Sea
In a meaningful step toward enhancing human sustainability in the maritime industry, the Global Maritime Forum has welcomed Circle Digital Ventures as its newest Associate Partner.
The collaboration highlights a shared commitment to placing seafarers...
Imabari Boosts Stake In JMU To 60% Revive Japan’s Shipbuilding
In a bold move to reclaim Japan’s standing in the global shipbuilding industry, Imabari Shipbuilding, the nation’s largest shipbuilder, has announced plans to increase its stake in Japan Marine United (JMU) from 30% to...
[Podcast] Tariffs, Tensions, And Trade Shocks: Container Shipping Braces
The container shipping industry has been no stranger to disruption—and 2025 is proving to be no different. With trade policies under a second Trump administration and growing geopolitical uncertainty, the global logistics landscape remains...
Ships Near Strait of Hormuz Transmit Unusual Messages to Deter Attacks
Merchant vessels navigating the tense waters near the Strait of Hormuz have begun broadcasting unconventional radio messages in a bid to prevent attacks amid heightened regional tensions, reports Reuters.
The messages, relayed over maritime VHF...