CMB.TECH and Golden Ocean Merger Moves Forward
CMB.TECH NV and Golden Ocean Group Limited have announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead...
Pacific Carriers Limited & SMF Strive to Build Maritime Talent Pool
Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MOU) to renew both organizations’ commitment to creating...
The Hollow Fleet: Why U.S. Ships No Longer Dominate the Seas
The U.S. shipbuilding industry now produces less than 1% of the world’s large commercial vessels.
America’s maritime reliance on foreign powers threatens both...
Smart Maritime Council Launches SVD 2.0 with Emissions Reporting
The Smart Maritime Council released Version 2.0 of its Standardised Vessel Dataset (SVD), now incorporating emissions reporting capabilities.
This update follows the March...
COSCO Introduces Yuan Hai Kou: New LNG Dual-Fuel Car Carrier Featuring Integrated Solar Panels
COSCO has indeed introduced a new LNG dual-fuel car carrier named the Yuan Hai Kou, which notably features integrated solar panels. This vessel is...
New Report Warns of “Rebound Effect” Threatening Severe Disruptions in Global Maritime Transport
The surprisingly announced 90-day tariff pause in the trade war between the US and China could destabilize global maritime trade more than the tariff...
Cargo Ship Captain Receives Significant Penalty After Müden Lock Collision
The captain of an inland cargo ship that crashed into a lock gate on the Moselle River in December 2024, causing traffic paralysis for...
Bearish Sentiment Dominates VLCCs, While Supramax and Aframax Face Regional Headwinds
The past week (roughly May 22-29, 2025) has seen a notably slow period for VLCC (Very Large Crude Carrier) activity in the tanker market....
Capesize Tonnage Tightens in Far East, Panamax and Supramax Rates Soften Globally
In the Pacific basin, there's a reasonable level of enquiries from both miners and operators for early-to-mid June dates. This suggests some underlying activity...
Mitsui O.S.K. Lines Wins Prestigious WIPO Prize for Groundbreaking Rigid Wing Sail Invention
Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto, today announced a significant achievement in sustainable shipping. The company's "Invention of...