South Korea Revises Rules on Eco-friendly Vessel Standards

The Ministry of Oceans and Fisheries of South Korea announced that it has revised the “Regulation on Standards and Certification of Eco-Friendly Ships,” jointly...

Sea-Intelligence: Port of LA Gains Market Share in 2025-Q2

In its Sunday Spotlight (Issue 728), Sea-Intelligence assessed how key U.S. West Coast ports fared during the sharp downturn in laden import volumes in...

Helix Energy Solutions Bag Multi-Year Contract in the Gulf of America

Helix Energy Solutions Group, Inc. has been awarded a multi-year contract with a major operator to provide production enhancement and well abandonment services in...

Global Container Freight Rates See Mixed Trends Amid Weakening Demand

Container freight rates across major global shipping routes have experienced notable fluctuations, reflecting weakening demand and shifting trade patterns. According to Japan International Freight...

IMO Piracy Report: Twenty Two Incidents During June 2025

The International Maritime Organization (IMO) has released its Monthly Piracy Report for June 2025. A total of 22 incidents of piracy and armed robbery...

Wreck Declared Maritime Hazard, Immediate Removal Ordered

Authorities have declared a partially submerged vessel a maritime hazard after it was found in an unstable position. An advisory committee under the Ministry...

West Africa Demand Falls, European Gasoline Stocks Rise

The commissioning of Nigeria’s 650,000 b/d Dangote refinery is reshaping global gasoline trade dynamics, especially between Europe and West Africa. With Nigeria ramping up...

Elomatic’s Elogrid™ Thruster Enhances Performance Of New German Research Vessel

Elomatic, an international consulting and engineering company, has completed the successful installation of its patented Elogrid™ tunnel thruster technology on the METEOR IV, a...

“K” Line Wind Service And SN Marine Form Capital Alliance

“K” Line Wind Service, Ltd. (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd., has entered into a...

MOL, TradeWaltz, And Suzuki Sign MOU For India Africa Cooperation

Mitsui O.S.K. Lines (MOL), TradeWaltz Inc., and Suzuki Motor Corporation have signed a Memorandum of Understanding (MOU) at the 9th Tokyo International Conference on...