LATEST ARTICLES

Lessons Learned: Generator Error Causes Gas Tanker To Lose Propulsion

A gas tanker had just left its berth at the Port of Brisbane when it lost propulsion for two minutes as two of its...

SHS: Seafarer Wellbeing Should Be A Priority for Sustainable Shipping

Seafarer wellbeing needs to be a strategic priority for the shipping industry if it is to reach its sustainability goals, according to a new...

Genco Shipping to Acquire Newcastlemax Vessel Duo for $145.5M

Genco Shipping & Trading, the largest U.S. headquartered dry bulk shipowner focused on the global transportation of commodities, has agreed to acquire two 2020-built...

Coast Guard Flags Hidden Danger in Aging Halon Systems

The U.S. Coast Guard has issued a safety alert highlighting a critical failure discovered in a Halon 1301 fixed fire extinguishing system aboard an...

Global Shipbuilding Boom: Market Poised to Hit $228 Billion by 2032

Global Shipbuilding Market size was valued at USD 162.14 Billion in 2024 and is projected to reach nearly USD 228.82 Billion by 2032, growing...

Greece’s Piraeus Port Not for Sale, China Tells US

China's controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for ​sale, the Chinese embassy in Greece...

Icebreaker Pact Strengthened by Trilateral Cooperation

The Public Services and Procurement Canada announced that on 18 November 2025, Canada, Finland, and the United States signed a Joint Statement of Intent...

Major Expansion Planned to Boost Capacity at Peru’s Key Pacific Gateway

Two-year project to lift capacity to 24,000 containers. New direct routes from China and South Korea cut transit to 23 days. Strong demand...

Port & Shipping Equities Show Mixed Momentum as Market Divergence Widens

Drewry Maritime Financial Research reports that global port and shipping equities closed the week of 14 November 2025 with a mix of gains and...

Major Newbuild Deal Boosts Korean Yard’s 2025 Orderbook

Korean builder wins $1.3bn order for seven boxships. Deliveries to run through late 2029. Annual order tally reaches $6.9bn with 39 vessels booked. A...