Lloyd’s Register Enhances Vessel Fatigue Life Assessment With AIS-Based Trading Data
Lloyd’s Register (LR) has announced a major update to its Fatigue Design Assessment (FDA) methodology by incorporating 11 years of Automatic Identification System (AIS) data. This marks the first significant revision to FDA trading...
Drewry: Global Freight Rates Dip 5% as Market Stabilizes
Drewry’s World Container Index decreased 3% to $2,517 per 40ft container this week.
Detailed assessment for Thursday, 24 Jul 2025
Drewry's World Container Index (WCI) fell 3.3% this week, marking its sixth consecutive weekly decline....
Zara Founder Buys 49% Stake in PD Ports
Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management, reports Reuters, citing the British ports and logistics company.
Brookfield will remain invested...
Houthi Attacks on Cargo Ships Deemed War Crimes
Human Rights Watch (HRW) has condemned a series of recent attacks by Yemen’s Houthi armed group on commercial cargo vessels in the Red Sea, labeling them as violations of international law and apparent war...
DNV Grants GASA Certification to LNG-Fuelled CO2 Carrier
Classification society DNV has awarded a general approval for ship application (GASA) certificate to an LNG-powered CO2 carrier design jointly developed by four companies.
The design features systems to support long-haul transport of CO2, DNV...
Yang Ming’s Green Push Continues with New Imabari Trio
Taiwanese shipping firm Yang Ming Marine Transport Corporation has placed orders for three more methanol-ready container ships with Japanese shipyards, reports Lloyd’s List.
Fleet renewal program
The new order covers three 8,000 TEU vessels, bringing Yang...
[Podcast] How the World Failed to Contain the Houthi Threat
Lloyd’s List editor-in-chief Richard Meade brings you part two of the FSO Safer story, and asks why the world has continued to underestimate the Houthis.
This is part two of the Safer story, in which Lloyd’s List...
Seafarers Trained for Fuel Transition with Live Drill and VR Tools
Singapore Seminar Prepares Seafarers for Alternative Fuel Challenges.
IMO and MPA Lead Hands-On Safety Training for Future Fuels.
Seafarers Trained on Methanol Fire Safety and VR Simulation.
A live methanol firefighting exercise, along with...
U‑Ming Marine Transport Corporation Completes First B24 Biofuel Bunkering in Singapore
Asian Progress Becomes U-Ming’s First Ship to Use B24 Biofuel.
U-Ming Advances Net-Zero Goal with Biofuel Milestone.
U-Ming Adopts B24 Biofuel to Cut Emissions by 20%.
U-Ming Marine Transport Corporation (UMTC) announced on 24...
Tanker and Gas Carrier Insurance Costs Ease Slightly
Hull Insurance Discounts Offset P&I Hike.
Ship Insurance Costs Hold Steady Year-on-Year.
VLCC and Suezmax Insurance Premiums Dip Marginally.
The overall insurance costs for various types of vessels have stayed pretty steady compared to...