Seafarer Statistics in the EU for 2023 Released by EMSA

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Nearly 300,000 Certified Masters and Officers Available in 2023. Norway Leads EU in Issuing Certificates of Competency. Philippines Tops Non-EU Countries with Recognised...

HD Korea Shipbuilding Secures $179 Million Contract For Crude Carriers From African Client

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HD Korea Shipbuilding & Offshore Engineering Co. has announced a significant contract win worth approximately $179.2 million to construct two crude oil carriers for...

VLCCs Dip As Sentiment Wanes, Suezmax And Aframax Struggle Amid Supply Overhang

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The crude tanker market softened across the board this week, as extended holidays, growing tonnage lists, and limited enquiry weighed on sentiment. VLCCs saw...

Capesize Gains On C5, Panamax And Supramax Subdued Amid Limited Enquiry And Holiday Lull

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The dry bulk market showed a mixed performance this week across the major segments. Capesize routes saw firmer fixtures on C5, supported by a...

Oil Prices Fall Amid OPEC+ Supply Surge And Geopolitical Uncertainty

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The global oil market is currently navigating a volatile period, marked by sharp price drops, strategic production increases by OPEC+, and complex geopolitical developments....

Inbound Release Platform (IRP) Transforming Customs Handling In Belgian Seaports

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Launched on April 1, 2025, the Inbound Release Platform (IRP) is a digital innovation developed by Port of Antwerp-Bruges and NxtPort in partnership with...

TEN Expands Brazilian Offshore Presence With Delivery Of Two Shuttle Tankers

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Tsakos Energy Navigation (TEN) announced a significant milestone with the delivery and naming of two new DP2 suezmax shuttle tankers, marking the beginning of...

Lessons Learned: Shocking Risk at the Dock

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BSU reports of a health hazard to a dock worker due to electric shock when connecting a refrigerated container on board a container ship. What...

U.S. Port Fees Reshape Dry Bulk Fleet Strategy

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Port fees hurt frequent U.S. callers – Chinese-built ships face rising costs with repeated U.S. port visits. Shift to Japanese-built vessels – Higher...

USCG Annual Report 2024: 82 Vessels Detained During the Year

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In 2024, the Coast Guard conducted 8,710 SOLAS safety exams with a total of 82 detentions. The annual detention rate decreased from 1.22...
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