Oldendorff, Salzgitter Join Forces to Slash Iron Ore Shipping Emissions
Fuel-efficient bulk carriers operated by Oldendorff Carriers will transport iron ore for Salzgitter AG.
Long-term partnership expected to cut CO₂e emissions by at...
ReCAAP ISC Reports 68% Increase in Piracy and Sea Robbery Incidents
The ReCAAP Information Sharing Centre (ISC) has released its 3rd Quarterly Report of 2025, covering the period from January to September, reports SAFETY4SEA.
The report...
Global Shipbuilding Market Projected to Reach USD 228.82 Billion by 2032
Maximize Market Research Pvt. Ltd. reports that the global shipbuilding market, valued at USD 162.14 billion in 2024, is expected to grow to USD...
Lessons Learned: Loss of Primary Steering Control Causes Collision with Moored Vessel
This report summarizes an incident investigated by the National Transportation Safety Board (NTSB) involving a collision between a multi-purpose cargo vessel and a moored...
TransMontaigne Sells Miami Terminal, Continues Operations Under Lease
TransMontaigne Partners LLC has sold its Fisher Island terminal in Miami, a facility with 700,000 barrels of marine fuel storage capacity.
Post-sale, the...
Tanker Report: India’s Inland Refinery Expansion Driving Exports
India’s CPP exports are growing at the fastest pace since 2021, supported by expansions and upgrades to existing refineries rather than solely new...
Germany Leads Global Cooperation in Green Shipping with Canada
Germany became the first country to join Canada’s initiative to create international green shipping corridors.
The agreement was signed by State Secretary Dr....
US Ownership Clause in China’s Port Fees Poised to Disrupt Tanker and Bulker Trades
The US decision to proceed with port fees has prompted China to confirm reciprocal charges on vessels with partial US ownership.
Analysts expect...
Hanwha Ocean Attains Faster Delivery Through Stable Production and Stronger Profits
Hanwha Ocean advanced the delivery of a large gas/ammonia carrier by over four months, reflecting improved yard efficiency.
The production system, which stabilised...
New Restrictions on Iranian Shipping and Financial Transfers Aim to Halt Legal Oil Exports
The United Nations has reinstated wide-ranging sanctions on Iran, initially suspended under the 2015 JCPOA nuclear agreement, after the three European signatories (Britain, France,...
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