Kongsberg Discovery has played a crucial role in transforming the 111-year-old, three-masted sailing ship Statsraad Lehmkuhl into a cutting-edge research vessel. This conversion was...

The Capesize market experienced a challenging week, facing headwinds from broader macroeconomic pressures, notably the escalating US-China tariff tensions, which significantly dampened market sentiment....

This week has seen a gradual softening in the MEG (Middle East Gulf) LR2 (Long Range 2) tanker market. The TC1 index for 75,000-tonne...

Mitsui O.S.K. Lines, Ltd. (MOL) has announced an agreement with Tokyo LNG Tanker Co., Ltd. (TLT), a subsidiary of Tokyo Gas Co., Ltd., to...

Ship owners are strongly interested in preventing stowaways from boarding their vessels. Unfortunately, despite efforts to enhance port security, boarding vessels while they are...

In a major enforcement move, the U.S. Department of the Treasury and the Department of State have imposed sweeping sanctions on a complex maritime...

Marking a major step toward sustainable cruising, Meyer Werft officially handed over the Asuka III to NYK Cruises on April 10, 2025, following successful...

In a significant boost to port logistics efficiency, Mitsubishi Logisnext Co., Ltd., a member of the Mitsubishi Heavy Industries Group, has launched a next-generation...

The World Shipping Council (WSC) has hailed a groundbreaking agreement reached today at the International Maritime Organization (IMO) as a pivotal step toward global...

As critical climate negotiations take place at the International Maritime Organization’s (IMO) MEPC 83 meeting in London, the U.S. government has withdrawn from discussions,...