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...
Miki Yano Becomes NYK’s First Female Chief Engineer
Miki Yano has been promoted to chief engineer, becoming the first woman in NYK’s 140-year history to achieve this rank.
Since joining NYK...
Swedish Club Launches Iceberg and Sea Ice Advisory in TELP System
The Swedish Club introduces a seasonal Iceberg Alert within its Trade Enabling Loss Prevention (TELP) system to enhance maritime safety by providing real-time...
US Shipping Fees to Disrupt LPG Trade, VLGC Flows
The $1 million USTR fee on Chinese-operated vessels could increase LPG freight rates by 25%, adding $26–$37/mt to transport costs for key Asian...
China’s Container Freight Rates See Historic Drop
CCFI falls to 1,112 as spot rates hit record lows.
SCFI drops 46%, the biggest Q1 fall since 2009.
Europe and Med rates...