LATEST ARTICLES

Germany to Begin Domestic Ship Recycling with First Authorized Facility

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EWD Benli Recycling GmbH became the first German company authorized to recycle seagoing vessels domestically. This milestone marks a new chapter for the...

Week 20 Bunker & Energy Update: MABUX Gains, Gas Storage Up, Alt-Fuel Orders Rise

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Bunker indices surged in Week 20, with 380 HSFO up $20.50, VLSFO up $21.40, and MGO LS up $22.25 per MT. European gas storage reached 43.1%...

Watch: Huge Ice Chunks Break Off Perito Moreno Glacier

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Massive ice chunks, some as tall as 70 m, have begun breaking off Perito Moreno Glacier with uncommon frequency after decades of relative stability. ...

China–US Vessel Traffic Drops Amid Tariff Tensions

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Commercial vessel traffic from China to the US fell 27% in April 2025 due to rising reciprocal tariffs. China significantly reduced LNG and...

Hanwha Ocean Forms MRO Cluster to Meet Growing U.S. Naval Demand

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Hanwha Ocean forms MRO Cluster Council with 15 South Korean firms to support US Navy maintenance needs. Council aims to boost MRO capacity,...

Folk Maritime Adds Three Saudi-Flagged Vessels to Fleet

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Folk Maritime Strengthens Fleet with Three New Container Ships. Saudi-Flagged Vessel Additions Boost Folk Maritime’s Regional Presence. Folk Maritime Advances Vision 2030 with...

Hyundai, Hanwha CEOs Meet USTR on Shipbuilding Ties

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South Korean Shipbuilders Explore U.S. Cooperation with Trade Representative. First USTR Talks with Korean Shipbuilders Focus on Tech, Cranes, and Shipyards. HD Hyundai,...

HMM Announces Significant Revenue and Profit Growth in Q1 2025

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South Korean container shipping company HMM has announced strong or positive results for the first quarter of 2025, reports Container News. Strong Performance Hyundai Merchant Marine...

Port of Felixstowe Issues Alert Over Suspected Soot Deposit in Water

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On May 14th, 2025, the Port of Felixstowe issued an alert concerning a suspected deposit of soot that had been observed in the water...

Brazil Extends Dominance as China’s Top Soybean Supplier Amid Tariff Dynamics

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Brazil's position as China's leading soybean supplier continues to strengthen in 2025. This dominance is primarily driven by Brazil's record-breaking soybean harvests, its competitive...
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