Global Shipping Firms Stick With China Shipyards Despite U.S. Port Fees

CSIS report says business is largely unaffected by U.S. port fee policies. China captured 53% of global ship orders in the first eight...

Seatrium and Cochin Shipyard Forge Offshore Partnership to Expand Across Asia

Partnership combines Seatrium’s engineering expertise with CSL’s infrastructure. Initial focus on MRO projects for Asian clients with plans for wider expansion. Agreement marks...

VLCC Market Surges Amid Tight Supply and Rising Middle East Exports

Spot freight rates for VLCCs surged in September to near $100,000 per day, driven by strong Middle East exports, long-haul cargoes, and geopolitical...

Impact Damage from Mooring Line Failure at Exposed Berth

This incident summary is based on findings from the Bundesstelle für Seeunfalluntersuchung (BSU) and the Britannia P&I Club case study. It describes the uncontrolled...

IMO Sets Certification and Testing Rules for Anchor Handling Winches

IMO’s MSC.1/Circ.1662 sets safety standards for anchor handling winches. Guidelines cover design, testing, certification, maintenance, and operations. Winches must have overload monitoring, emergency...

Global Shipping Navigates Volatility and Transformation

Geopolitical disruptions, including Suez Canal traffic decline and Strait of Hormuz focus, are reshaping global shipping routes and extending voyage distances. Containerized and...

Refinery Maintenance to Trim LR2 Cargoes, Boost VLCC Demand in 4Q25

Refinery maintenance in the Middle East and India may cut up to 30 LR2 cargoes in 4Q25. Saudi Arabia could see as many...

Coast Guard Advances Force Design 2028 With Major Robotics Upgrade

Coast Guard to invest nearly $350 million in robotics and autonomous systems under OBBBA. FY 2025 allocation includes $11 million for immediate upgrades...

Vessel Attacked Off Yemen Amid Rising Houthi Activity in Red Sea

A vessel was attacked early Tuesday in the Gulf of Aden, about 225 km off Yemen’s coast; no injuries were reported, and the...

Seaspan and Stantec Deliver New Outfitting Pier for Vancouver Shipyards

Seaspan and Stantec have completed a new steel-and-concrete outfitting pier at Vancouver Shipyards. The facility supports Canada’s National Shipbuilding Strategy and is currently...