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LATEST ARTICLES
Shipbuilding Embraces Fuel Optionality, but Policy Focus on Shipping Needs Shift
While over half of the current global ship orderbook, measured by gross tonnage, consists of vessels capable of operating on alternative fuels, less than...
ReCAAP Reports Six Sea Robbery Incidents in Singapore Strait Within Six Days
Between May 2nd and May 7th, 2025, there were six reported incidents of sea robbery targeting ships navigating the Phillip Channel, specifically within the...
Suezmax and Aframax Owners Face Pressure as Tanker Market Softens
This week has seen a downward trend for MEG (Middle East Gulf) LR2 (Long Range 2) tankers. The TC1 index, representing a 75,000-ton cargo...
India and Pakistan Reach Temporary Ceasefire After Near 100 Hours of Escalation
After nearly 100 hours of escalating tensions that began on May 7th, 2025, India and Pakistan have agreed to a temporary ceasefire. This recent...
Racing Against Extinction: New Measures to Protect Whales from Ships
The beginning of May indeed marks a crucial period for whale conservation, with the implementation of both mandatory and voluntary measures aimed at mitigating...
Nor-Shipping and YoungShip Announce Finalists for Young Entrepreneur Award 2025
Nor-Shipping, in collaboration with YoungShip, has announced the finalists for the 2025 Nor-Shipping Young Entrepreneur Award. The selection of this year's shortlist strongly reflects...
Dry Bulk Market Weekly Report Weakness Persists Across Most Segments
The dry bulk market presented a mixed picture over the past week, with Capesize vessels continuing to struggle while Panamax and smaller segments experienced...
MOL Launches “OceanCare” To Enhance Wellbeing Of Seafarers And Families
Mitsui O.S.K. Lines (MOL) officially launched OceanCare, a comprehensive global wellbeing program for seafarers serving on its vessels. Developed in collaboration with maritime charity...
MAN Engines To Power Deutsche Offshore’s Future-Ready CSOV Fleet
Wenchong Shipyard in China, part of the CSSC Group, has placed an order for four sets of MAN 8L21/31 MK2 GenSets to power a...
ABS And HD Hyundai Mipo Launch Joint Project To Revolutionize Shipyard Automation
In a move set to transform modern shipbuilding, ABS and HD Hyundai Mipo (HMD) have entered into a Joint Development Project (JDP) aimed at...