Russian Attacks, Houthi Blockade, and Baltic Stand-Off Reshape Maritime Risk Landscape
The maritime security landscape witnessed a dramatic escalation this week with one of the largest coordinated strikes on Ukraine’s port infrastructure since the onset...
VLCC Freight Market Faces Downward Pressure Amid Weakened Demand and Ample Supply
At the end of the third week of May 2025, the persistent downward pressure on VLCC (Very Large Crude Carrier) freight market sentiment on...
Mexico Initiates National Action Plan to Support Maritime Decarbonization
Mexico has started developing its National Action Plan for maritime decarbonization with broad participation from government, ports, industry, and civil society.
The plan...
Maritime Unions Urge Policy Reforms as Merchant Fleets Shrink Across NATO Nations
The US Merchant Marine has gradually shrunk since the 1950s and 1960s due to competitiveness problems and lack of a clear national maritime...
ABS Consulting Expert Calls for Stronger Cybersecurity to Protect Maritime Operations and Assets
Michael DeVolld and other experts emphasized the growing cyber threats to the maritime industry and the urgent need for strong cybersecurity measures.
New...
Wärtsilä Ammonia Engine Cuts GHG Emissions by Up to 90%
Wärtsilä has improved its 4-stroke ammonia engine, achieving up to a 90% reduction in greenhouse gas emissions compared to diesel engines.
The Wärtsilä...
DeepSeek Quietly Updates R1 AI Model Amid Anticipation for Next-Gen Tech
DeepSeek released a minor update to its R1 reasoning model (R1-0528), now available on its chatbot platforms and Hugging Face, though specific changes...
New Partnership Advances Liquid Hydrogen Carrier Technology
ABS and the Hydrogen Ship Technology Center at Pusan National University signed a memorandum of understanding for the joint research and technology development of...
Bulk Carrier Narrowly Avoids Collision With Seawall Near Port Huron
A bulk carrier navigating the St. Clair River had a close call on Tuesday afternoon when it nearly allided with a seawall near Port...
ONE Enhances Green Strategy With Ship Recycling Policy
Ocean Network Express (ONE) has taken a significant step toward environmental accountability by launching a Ship Recycling Policy and joining the Ship Recycling Transparency...
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