Samsung Heavy Wins $1.52B LNG Carrier Orders from Oceania
Samsung Heavy Industries Co. has clinched two orders worth a total of 2.1 trillion won (US$1.52 billion) to build six liquefied natural gas (LNG)...
One Dead, Two Injured in Early Morning Vessel Fire Off South Korea
A tragic fire broke out in the early hours of August 16 in the Port of Yeosu, involving two vessels anchored side by side,...
Golden Ocean, CMB.TECH Lock in Dates for Landmark Merger
Golden Ocean Group Limited and CMB.TECH NV have confirmed the timeline for completing their merger.
Golden Ocean and CMB.TECH Finalize Timeline
Under the terms of the...
Clear Incentives Needed to Hit IMO Net Zero Goals, Warns WinGD
The IMO's Net Zero Framework is the first global framework to combine mandatory emissions reduction targets with greenhouse gas (GHG) pricing across an...
Port of Hamburg Gains Market Share With Strong Container Growth
Import volumes grow 11.6% amid new liner services.
Asian trade up 10.7%, Baltic Sea trade up 20.8%.
New routes to the Mediterranean, the...
Hurricane Erin Intensifies as North Carolina’s Outer Banks Evacuates
Hurricane Erin intensified and grew in size on Monday, Aug. 18, as parts of the eastern United States prepared for life-threatening surf and rip...
Traffic Through Istanbul Strait Falls in First Half of 2025
Cargo Volumes Drop Compared to the Previous Year.
General Cargo Ships Lead Vessel Passages.
Chemical Tanker and Warship Activity Recorded.
The Istanbul Strait continued...
MTF Report Flags Fire Risks in EV Carriage at Sea
Lithium-ion battery thermal runaway poses major fire risks.
Few international rules exist, IMO framework not expected until 2027.
Single-cell failure can trigger an...
Grey Tanker Fleet Grows as Sanctions Reshape Oil Trade
Sanctioned tankers rise to 886, while the grey fleet reaches 1,140 ships.
Aframaxes dominate Russian oil; older VLCCs and Suezmaxes gain value.
Strong...
US Senators Turn to South Korea and Japan to Revive Shipbuilding
Duckworth warns that US capacity has been shrinking since 2003.
Pentagon requests $47B as Trump pushes revival of shipyards.
China dominates with 53%...
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APLICATIONS
Improving The State Of Baltic Sea Through Common Efforts
Today, Commissioner Sinkevičius is hosting the second edition of the ‘Our Baltic' Conference to address pressing environmental challenges in the Baltic Sea. The high-level...
