EU Envoys Aim to Break Deadlock on New Russia Sanctions This Week

EU diplomats expect to finalize the 18th sanctions package against Russia during this week’s summit. Hungary and Slovakia demand concessions on Russian energy...

Sefine Shipyard welcomes its first vessel into a massive new 360m floating dock

The new dock enhances capacity for large-scale ship repair and conversion projects. Marks a significant leap for Turkish shipbuilding competitiveness on the global...

Russia Launches First Arctic Transit of 2025 Amid Tougher Ice Conditions

Two nuclear-powered icebreakers escort the year’s first convoy through Russia’s Northern Sea Route (NSR). The convoy includes an Arc7-class LNG tanker and two...

Eco Engine Vessels Prove Their Worth in the Second-Hand Market

Eco Engine dry bulk ships command 5–12% higher resale value, especially in younger age brackets. Statistical t-tests confirm that the premium is significant,...

COSCO Unveils China’s First 16,000 TEU Methanol Dual-Fuel Boxship

COSCO SHIPPING delivers China's first 16,000 TEU methanol dual-fuel container ship, setting three major domestic industry milestones. The vessel integrates advanced methanol fuel...

Challenges In The Sale Of Hutchison Ports’ Overseas Terminals

The strategic sale of Hutchison Ports' overseas terminals to a powerful consortium comprising MSC/TIL and BlackRock/GIP is unfolding under complex geopolitical and regulatory pressures. Although...

Seafarers Deserve Justice InterManager Opposes Unfair Charges

On the occasion of the Day of the Seafarer 2025, the maritime industry is being called upon to reaffirm its commitment to the protection...

Far East–Europe Container Trades Near 8 Mteu Monthly Capacity Milestone

Recently container ship capacity on Far East–Europe routes hit 7.9 million TEU (Mteu) — an 11.7% year-on-year growth, bringing the sector to the brink...

Seacon Shipping Takes Delivery Of Methanol-Ready Oil/Chemical Tanker Golden Banyan

Seacon Shipping Group Holdings has officially taken delivery of its newest oil/chemical tanker, Golden Banyan, in a formal ceremony held at Fujian Southeast Shipbuilding. Built...

NYK Acquires Kadmos To Build World’s Leading Digital Salary Platform For Seafarers

Nippon Yusen Kabushiki Kaisha (NYK) has announced the full acquisition of Kadmos Holding GmbH, a rapidly expanding German fintech company that specializes in global,...