Gard Report Flags 25% Rise in Seafarer Fatalities Post-Pandemic

Seafarer Deaths Climb as Stress and Illness Dominate Crew Claims. Crew Wellbeing Under Pressure: Gard Highlights Mental Health Crisis at Sea. Illness and...

Freight Rates Surge Despite Continued Flow Through Hormuz

Horrmuz Transits Stable, But Freight Rates Soar Post-June 13. VLCC Rates Double as Tensions Keep Tanker Risks High. Middle East Conflict Fuels Surge...

Ceasefire Fails to Resolve Strait of Hormuz Security Challenges

GPS Jamming Cuts Vessel Traffic in Hormuz by 20%. Freight Rates Surge as Ships Avoid Night Transits in Hormuz. VLCC Spot Rates Jump...

Deltamarin to Design Six Methanol-Fueled RoPax Vessels for Grimaldi

Grimaldi Orders Six Next-Gen RoPax Ships for Mediterranean Routes. Deltamarin Secures Design Deal for Green RoPax Fleet. Six Methanol-Powered RoPax Vessels to Join...

Saudi Global Ports Expands Terminal Operations to Support Vision 2030 Infrastructure

Saudi Global Ports (SGP) has secured four 20-year concession agreements to operate multipurpose terminals along Saudi Arabia's Eastern Coast. SGP will invest over...

IAPH Releases Cybersecurity Guidelines for Safer Tech Adoption in Ports

IAPH has issued new cybersecurity guidelines focused on managing risks tied to emerging technologies in ports. The guidelines stress early integration of cybersecurity,...

HD Hyundai Sparks Cross-Border Dialogue on Shipbuilding Education and R&D

HD Hyundai hosted the first Korea-U.S. Shipbuilding Cooperation Expert Forum to enhance bilateral maritime collaboration. Around 40 shipbuilding and ocean engineering experts from...

Freight Rate Volatility on Key Trade Routes Increases Cost Risk for Global Shippers

Spot-rate shippers on East-West and North-South routes face significant cost volatility, with average fluctuations reaching $1,400 per container. Unpredictability creates financial risks such...

Hapag-Lloyd, MSC, and SFL Lead Major Vessel Upgrade Projects

Major carriers focus on retrofitting vessels to increase capacity instead of relying solely on newbuilds. MSC is upgrading "MSC Oskar" class ships to...

BSU Annual Report 2024: Marine Safety Notifications Decline, Yet Serious Casualties Persist

Germany's Federal Bureau for Maritime Casualty Investigation (BSU) has released its Annual Report for 2024, offering valuable insights into marine casualties and incidents. The...