US Tariffs Projected to Cost American Households $5,000 Annually, Economist Warns
According to an economist interviewed by CNN, the recently announced US tariffs, revealed on "Liberation Day," are projected to impose a $5,000 annual cost...
Tanker Market Update: Rates Under Pressure, Negotiation Concerns, and Oil Trader Influence
The shipping industry is seeing a trend where ship owners may be underutilizing their potential to increase freight rates. This could be due to...
Capesize Rates Rise, Panamax Market Uncertain, Supramax Mixed
In the Western Australia region, there's a notable level of inquiries for cargo shipments scheduled for mid-April. Additionally, some operators are already seeking vessels...
Bulk Carrier Orders Hit Historic Low, Tanker Sector Sees Decline
The first quarter of 2025 has set a historic low for newbuilding orders in the bulk carrier segment, measured in deadweight tonnage (dwt). With...
Innovative DC Electric System And Hybrid Propulsion Enhance Offshore Vessel Efficiency
One of the standout features of Kongsberg Maritime’s latest maritime innovation is its DC electric system, which offers significant advantages over traditional AC systems....
Taiwan Imposes Stricter Ship Entry Rules For China-Linked Vessels Amid Rising Security Concerns
This report outlines Taiwan's newly implemented procedural restrictions on ship arrivals and departures associated with China, effective March 31. The measures, introduced amid recent...
AD Ports Group Reports Record Revenue And Profit Growth In 2024
AD Ports Group (ADPORTS:ADX), a global leader in trade, transport, logistics, and industry, reported record-breaking revenue and profit growth in its 2024 Annual Report....
Japan’s First Hydrogen-Powered Tugboat Launched To Advance Maritime Decarbonization
TSUNEISHI SHIPBUILDING has successfully launched Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine (ICE) on March 28, 2025, at the TSUNEISHI Factory....
Q2 2025 Shipping Market Forecast
Geopolitical tensions disrupt global shipping, affecting trade routes, freight rates, and market stability.
Tankers benefit from longer distances, while bulkers see moderate gains;...
Norway Inaugurates NCL’s Bio-Methanol-Powered Containership
North Sea Container Line (NCL), in collaboration with Elkem ASA and MPC Container Ships ASA (MPCC), has launched NCL Vestland, a methanol dual-fuel...
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APLICATIONS
More Than 10 Billion Doses Have Gone into Arms!
more than 60% of the world’s population — 4.8 billion people — have received at least one dose of one of more than...
