HD Hyundai Sparks Cross-Border Dialogue on Shipbuilding Education and R&D
HD Hyundai hosted the first Korea-U.S. Shipbuilding Cooperation Expert Forum to enhance bilateral maritime collaboration.
Around 40 shipbuilding and ocean engineering experts from...
Freight Rate Volatility on Key Trade Routes Increases Cost Risk for Global Shippers
Spot-rate shippers on East-West and North-South routes face significant cost volatility, with average fluctuations reaching $1,400 per container.
Unpredictability creates financial risks such...
Hapag-Lloyd, MSC, and SFL Lead Major Vessel Upgrade Projects
Major carriers focus on retrofitting vessels to increase capacity instead of relying solely on newbuilds.
MSC is upgrading "MSC Oskar" class ships to...
BSU Annual Report 2024: Marine Safety Notifications Decline, Yet Serious Casualties Persist
Germany's Federal Bureau for Maritime Casualty Investigation (BSU) has released its Annual Report for 2024, offering valuable insights into marine casualties and incidents. The...
Watts Marine: A Pioneer’s Leap of Faith Powers Ports Towards a Sustainable Future
Mike Watts's journey into shore power, starting with that pivotal meeting with Princess Cruises in 2004, truly stands out as a foundational moment in...
UECC Marks 35th Anniversary with Renewed Commitment to Decarbonization
The majestic full-rigged sailing ship Christian Radich provided a memorable backdrop for United European Car Carriers' (UECC) 35th-anniversary celebration on June 11, 2025, as...
China’s Chongqing Rises as Global Rail Hub Linking Asean, EU Amid Trade War Risks
Tuanjie Village, located in the heart of Chongqing, China's largest inland city, has rapidly transformed into a pivotal global logistics hub. Known traditionally for...
Hong Kong Convention and How to Obtain IHM Certification for Ship Recycling
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) is set to enter into force on June 26,...
[Podcast] The Evolving Landscape of Ship Finance for Medium-Sized Players
While the global maritime industry comprises tens of thousands of individual shipowners, the vast majority of global seaborne trade is dominated by a relatively...
EU Envoys Aim to Break Deadlock on New Russia Sanctions This Week
EU diplomats expect to finalize the 18th sanctions package against Russia during this week’s summit.
Hungary and Slovakia demand concessions on Russian energy...
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APLICATIONS
Investment Growth in VLCC and MR Segments
Despite environmental concerns, 340 tanker orders have been placed this year, close to last year's 350.
Around 40% of the current tanker fleet...
