COSCO Orders Energy-Efficient Marine Air System For Cadeler Offshore Vessel
COSCO Heavy Industries has placed an order for one of the marine market’s most environmentally friendly compressed air systems to equip a jack-up foundation...
HJ Shipbuilding & Constr Secures 640.8 Billion Contract To Strengthen Global Market Presence
HJ Shipbuilding & Constr has signed a landmark contract worth 640.8 billion won (approximately $500 million USD) with an undisclosed client on September 2,...
Full Steam Ahead: Closing the $1 Trillion Gap in Maritime Decarbonisation
A joint report from the Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub—known as The Decarb Hub—highlights an urgent financial gap threatening...
U.S. Tariffs Are Reshaping Global Supply Chains and Trade Flows
As the United States reinforces its tariff strategy, global trade patterns are shifting rapidly. Singapore’s trade leadership has raised concerns about evolving supply chain...
IUMI: Ocean Hull Sector reports Global Premiums of USD9.67bn
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Singapore, reports...
UK P&I: Enhancing the Safety of Pilot Transfer Arrangements
Marine pilots routinely face high-risk transfers between moving ships and small boats, often in challenging conditions. A single failure in equipment or procedure can...
DP World & MPA Join for Contrecœur Terminal Expansion Project
As part of the Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and DP World in Canada – a joint...
Stena Line to Acquire Terrabalt Operations in Liepaja port
Stena Line announced will acquire all shares in the Latvian port operator Terrabalt, which runs the RoRo, bulk and general cargo terminal in Liepaja,...
UK Seafarer Numbers Set to Decline as Maritime Challenges Grow
Active seafarer numbers projected to fall by nearly a third in worst-case scenario.
Two in five seafarers say ships are unsafe due to...
China Drives Vintage VLCC Demand as Sanctions Reshape Oil Flows
Older vessels benefit from parallel dark fleet operations outside compliance regimes.
China leverages financing and sanctions-driven opportunities for vintage VLCCs.
South Korea focuses...
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