Red Sea Ceasefire Unlikely to Prompt Quick Shipping Return
A US-Houthi ceasefire announced on May 6 aims to end attacks on US vessels in the Red Sea and Bab al-Mandab Strait, easing...
Tariff Shock Disrupts US-China Trade as First Heavily Taxed Cargo Arrives
The first ships carrying Chinese goods under the new 145% US tariff have arrived, triggering a steep drop in imports and fears of...
HD Hyundai and Partners Sign Deal on AI-Powered Humanoid Robots for Shipbuilding
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Robotics, Persona AI, and Vazil Company signed an agreement to work together on...
Trump Administration Weighs U.S. Virgin Islands Shipping Registry To Boost Maritime Strength
The Trump administration is exploring a proposal to establish an international shipping registry in the U.S. Virgin Islands (USVI), aiming to expand the American-flagged...
Port of New York And New Jersey Records Strong Cargo Growth In Q1 2025
The Port of New York and New Jersey has reported impressive growth in cargo volumes for March 2025 and the first quarter overall. With...
Seafarer Satisfaction Shows Modest Rise, But Key Welfare Concerns Persist SHI Q1 2025
The Mission to Seafarers' Seafarers Happiness Index (SHI) for Q1 2025 has reported a slight increase in overall seafarer satisfaction, rising to 6.98/10 from...
Fincantieri, Newcleo & Pininfarina Unveil Visionary Nuclear Reactor At Venice Biennale
At the 19th International Architecture Exhibition of the Venice Biennale, Fincantieri, newcleo, and Pininfarina revealed a pioneering vision for the future of sustainable nuclear...
Pyxis Tankers Secures $45 Million Loan To Fuel Fleet Expansion
Greek shipping company Pyxis Tankers is preparing for a strategic fleet expansion after signing a commitment letter for a bank loan of up to...
NYK Becomes First Japanese Firm To Purchase Climeworks’ CDR Credit Portfolio For Net-Zero Goals
In a strategic move toward achieving net-zero carbon emissions, NYK has entered a three-year agreement with Swiss climate tech company Climeworks to purchase a...
Lessons Learned: Foot Fracture During Elevator Inspection
During scheduled monthly inspections of an elevator on a large vessel, unplanned upwards movement of the elevator caused someone to get their foot to...
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