Dry Bulk Market Holds Steady Without Clear Momentum
Summer Gathering Marked by Cautious Sentiment.
Freight Rates Higher Than 2023, But Momentum Missing.
No Catalyst Yet for a Late-Year Rally.
As the Hellenic...
Crew Rescued After Drone and Missile Attack in Red Sea
Red Sea Assault Forces Crew to Abandon Bulk Carrier.
Maritime Attack Mirrors Houthi Tactics, Says Security Firm.
Fire and Flooding Hit Vessel After...
Tanker Crewman Jailed for Modifying Mask Linked to Colleague’s Death
Improper SCBA Mask Alteration Leads to Fatal Exposure.
Pump Master Jailed After Unsafe Mask Modification Causes Death.
Tanker Worker Suffocates in Naphtha Tank...
Seatrium Deepens Partnership with Karpowership’s Kinetics
Singapore-based Seatrium Limited (the Group) has announced that it has secured a contract for the conversion of a Floating Storage Regasification Unit (FSRU) from...
Fire Erupts Aboard Decommissioned Supertanker at Aliağa Port
On Thursday, July 3, 2025, a fire broke out aboard the decommissioned supertanker while it was undergoing dismantling at the Simsekler shipbreaking yard in...
Panama Canal Sees 30% Increase in Transits, Plans Water Sustainability and Logistics Hub Expansion
During his keynote address at the 10th International Financial Summit, Minister for Canal Affairs José Ramón Icaza provided a comprehensive overview of the Panama...
Volatile First Half of 2025: US Policy, Sanctions, and War Shape Tanker Markets
The return of President Trump triggered a wave of trade and geopolitical tensions impacting global tanker dynamics.
Sanctions on Russia, Venezuela, and Iran...
Despite Voluntary Cuts Unwinding, OPEC-8 Crude Exports Lag Expectations as Global Inventories Swell
Global crude and condensate exports have demonstrated a consistent upward trend since September of last year, a surge primarily propelled by an increase in...
Hansalink 3 Project to Electrify Ports of Helsinki and Lübeck-Travemünde
The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, an initiative specifically designed to enhance the vital maritime...
Wilhelmsen Joins Battery Forum to Boost Maritime Electrification
Wilhelmsen Ships Service becomes the latest member of the Maritime Battery Forum (MBF), reinforcing its dedication to clean and electrified shipping solutions.
The...
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