HSBC: US Port Fee Regime Could Cost COSCO, OOCL Over $2.1bn in 2026
Chinese state-backed shipping majors COSCO and its Hong Kong-listed subsidiary Orient Overseas Container Line (OOCL) could face a combined bill exceeding $2.1bn under the...
Japanese Companies to Launch Biofuel Bunkering Project
Japanese refiner Cosmo Oil has partnered with Japanese logistics firm NX Shoji to supply 24pc biodiesel-blended fuel oil (B24) to ships at the Port...
Port Authority of NY/NJ Reports Facility Volumes for July 2025
The Port Authority of New York and New Jersey on September 4, 2025 announced that its commercial airports turned up the heat to their...
Austal Signs Outsourcing Agreement with Master Boat Builders
Austal USA and Master Boat Builders, Inc. (“Master Boat”) have entered into a memorandum of understanding (“MOU”) establishing a strategic outsourcing partnership designed to...
Lessons Learned: Vessel Propulsion Failure While Entering Port of Fremantle
The Australian Transport Safety Bureau (ATSB) investigated an incident involving a vessel that lost propulsion while entering the Port of Fremantle, Western Australia, on...
Seasystems and Stena Bulk Strengthen Global LNG Infrastructure with Jettyless Systems
Seasystems AS and Stena Bulk have partnered to advance floating LNG infrastructure.
The agreement grants Seasystems exclusive rights to market and deliver Stena’s...
U.S. Launches International Fellowship to Revive Shipbuilding Industry
The U.S. Labor Department is launching an $8 million international fellowship program to train American workers in advanced shipbuilding skills, in partnership with...
India Makes History with Passage of Two Maritime Bills in One Day
India’s Parliament approved the Merchant Shipping Bill, 2025 and the Carriage of Goods by Sea Bill, 2025 on September 3, marking a historic...
New Lower Price Cap on Russian Crude Takes Effect
The UK and EU have reduced the price cap for Russian crude to US$47.60 per barrel, while the US maintains its cap at...
Maritime Industry Shifts Focus to AI Adoption, Beyond Technology Barriers
The maritime industry views AI as essential for safety, efficiency, and long-term growth, but cultural and organizational barriers slow adoption.
Strong leadership and...
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