Shipping Market 2024: Highlights & Trends

2024 has been defined by significant activity across the maritime industry, with ongoing trends in newbuildings, sale and purchase transactions, and demolition levels defining...

Bulk Carrier Grounding at World’s Largest Bulk Port

The ATSB has issued a number of safety recommendations after an electrical short circuit led to the grounding of a bulk carrier in the...

China Launches First Inland Hydrogen Container Ship

China launched its first inland river 64 TEU hydrogen fuel cell-powered container ship, the 'Oriental Hydrogen Port'. The ship has a total length...

USCG: Know Your Electrical Restoration!

USCG has issued a safety alert highlighting the critical need for engineering personnel to be thoroughly familiar with and trained on the functionality of...

Lessons Learned: Grounding of Bulk Carrier in Port Hedland

The Australian Transport Safety Bureau (ATSB) has issued an investigation report into the grounding of a bulk carrier in Port Hedland, Western Australia, on...

SHIPS for America Act Introduced to Revitalize U.S. Shipbuilding

Representative John Garamendi (D-CA-08) introduced the SHIPS for America Act, supported by Senators Mark Kelly (D-AZ), Todd Young (R-IN), and Representatives Trent Kelly...

Shanghai Port Surpasses 50 Million TEUs Annually

Shanghai Port has once again made history by becoming the first in the world to surpass an annual container throughput of 50 million...

California Advances Floating Offshore Wind Energy Development

California has taken a monumental step toward its renewable energy goals with a new agreement between the California State Lands Commission and the Ports...

IACS Joins IMO’s 11th Ship Design and Construction Session

IACS reaffirms its commitment to supporting IMO's work by actively participating in SDC 11, scheduled from 13 to 17 January 2025. Several key...

LNG and LPG Markets: Year-End Review Amid Festive Period

The LNG market faced a challenging year in 2024, marked by subdued activity and minimal rate changes during the festive season. The BLNG1...