China Approves Mega Shipbuilding Merger to Cement Global Lead

Japan Pushes Industry Revival with Imabari-JMU Deal and State Support. Korea Strengthens Global Presence Through Foreign Partnerships and Acquisitions. HD Hyundai and Hanwha...

Lessons Learned: Audit Reveals Incomplete LOTO and Unsafe Electrical Disconnections

This incident, reported in the UK MAIB Safety Digest 1/2025 and reviewed by IMCA, highlights two separate safety issues related to energy isolation procedures...

Gradual Maritime Digitalization Hinges on Crew Training and Connectivity

Industry experts emphasize a gradual, infrastructure-backed approach to digitalization, prioritizing crew training and practical connectivity. Onboard experience gaps and outdated training highlight the...

Tanker Market Report: Regional Disparities Shape Weekly Trends

VLCC activity picked up in the East, offering slight rate improvements; Suezmax and Aframax segments remained subdued. West Africa and US Gulf VLCC...

U.S. Ports See Slower Container Growth as Market Adjusts

U.S. Ports' imports fell 6.4% year-on-year in May, totaling around 1.95 million TEUs. June volumes are expected to rebound slightly, but remain below...

May 2025 Seaborne Trade Data Shows 1.8 Percent Growth Across Most Shipping Lanes

Global Seaborne Trade rose 1.8% year-on-year in May 2025. North America recorded sharp declines, with intra-regional trade falling by 26.6%. February was the...

IHI and Vopak to Jointly Develop Ammonia Terminal in Japan

IHI and Vopak to launch joint venture for ammonia terminal in Japan. Project targets safe and efficient ammonia storage to support Japan’s energy...

Trade Tensions and Geopolitics Weigh on Dry Bulk Market

Decoupling accelerates as US returns to tariff-driven policy stance. Dry bulk market grapples with freight volatility, supply overhang, and trade uncertainty. Tanker attacks...

Tariff Pause Ends as US-Bound Freight Rates Fall While Asia–Europe Trade Gains Ground

Freight rates to US fall as tariff pause ends; early peak season likely concluded. Volumes and rates rise on Asia–Europe routes, hinting at...

India-Cyprus Maritime Cooperation Fuels Record-Breaking Shipping Sector FDI

In a significant boost for India's maritime sector, two prominent Cypriot shipping companies, Interorient Navigation Co. Ltd. and Danship & Partners Ltd., have announced...