Chinese Ship Runs Aground Off Pagasa Island
A grounding incident near Thitu Island amid stormy conditions sparked swift attention from the Filipino military and coast guard.
Philippine forces offered humanitarian...
Russia Boosts Oil Exports by 30% Via Shadow Fleet to Evade Sanctions
30% surge in Russian crude exports via non-G7 tankers as sanctions tighten.
Over 80% of seaborne crude now bypasses G7-owned, insured, or flagged...
Lloyd’s Register and Hyundai Develop Hybrid SOFC Propulsion for LNG Carriers
New MoU Signed to Develop High-Efficiency SOFC Hybrid Propulsion System.
Joint Development Project Targets Emissions Reduction and Operational Flexibility.
Lloyd’s Register to Provide...
Hong Kong Ship Recycling Rules Begin June 2025
Convention Applies to Ships 500 GT and Above on International Voyages.
New Ships Must Have an Approved Hazardous Materials Inventory at Delivery.
Existing...
Asia–U.S. Freight Rates Double as Shippers Rush Ahead of Tariffs
Shippers Accelerate Bookings Ahead of Tariff Deadline.
FBX01 Soars to $6,015/FEU from $2,770/FEU.
China to U.S. East Coast Rates Jump Over $3,000.
This week...
U.S. Suspends Nuclear Equipment Exports to China
Westinghouse and Emerson Affected by License Freeze.
Commerce Dept. Reviews Strategic Exports Amid Rising Tensions.
GE Aerospace Blocked from Shipping Jet Engines to...
ABS Approves New LNG Systems by HD Hyundai and KSOE
New Cargo and Fuel Gas Systems Aim to Tackle Boil-Off Gas Challenges.
Innovative Designs Unveiled at Nor-Shipping 60th Anniversary.
HHI Targets IMO 2050...
Wärtsilä’s Fit4Power Retrofit Sets New Standards in Fuel Efficiency and Emission Reduction for ONE...
Wärtsilä’s Fit4Power solution will upgrade the ONE Maestro to improve engine efficiency and reduce fuel consumption by about 13%.
The retrofit includes new...
Drewry: Transpacific Rates Surge Amid Reduced Cancellations
Severe port congestion persists across Europe, Asia, and the U.S., disrupting vessel schedules and inland logistics.
Shippers are frontloading on the China–U.S. trade...
ASBI Shipping FZCO Launches To Expand Mid-Size LPG Tanker Fleet in Growing Markets
Al Seer Marine and B International Shipping & Logistics have joined forces to create ASBI Shipping FZCO, a new joint venture focused on owning...
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APLICATIONS
Long-Range ‘Liberty Lifter’ Flying Boat Design To Become A Reality Soon
The Pentagon’s emerging technologies research arm awarded two aviation companies contracts to develop seaplanes that would fly less than 100 feet off the ground...
