EU Unveils Strategic Plan For A Secure And Prosperous Black Sea Region

In the face of growing geopolitical instability, the European Union has launched a new strategic approach aimed at fostering security, sustainable growth, and resilience...

Singapore, India, Thailand Report Covid Spike; WHO Urges Vigilance

Several Asian countries, including India, China, Singapore, and Thailand, are witnessing a renewed rise in Covid-19 cases, largely driven by new Omicron sub-variants. While...

Ningbo-Zhoushan Port Partners With European Hubs To Launch Green Shipping Corridors

As the world’s busiest port by cargo throughput, China’s Ningbo-Zhoushan Port has taken a decisive step toward international maritime decarbonization. On Tuesday, it announced...

Navigating Uncertainty: Potential Risks to the MPV Market

The Multipurpose Vessel (MPV) market, encompassing both breakbulk and project cargo carriers, has experienced a period of recovery following the challenges posed by the...

Drewry World Container Index Plummets to Post-Pandemic Low

Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week. Detailed assessment for Thursday, 29 May 2025 Drewry’s WCI has increased 21%...

CMB.TECH and Golden Ocean Merger Moves Forward

CMB.TECH NV and Golden Ocean Group Limited have announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead...

Pacific Carriers Limited & SMF Strive to Build Maritime Talent Pool

Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MOU) to renew both organizations’ commitment to creating...

The Hollow Fleet: Why U.S. Ships No Longer Dominate the Seas

The U.S. shipbuilding industry now produces less than 1% of the world’s large commercial vessels. America’s maritime reliance on foreign powers threatens both...

Smart Maritime Council Launches SVD 2.0 with Emissions Reporting

The Smart Maritime Council released Version 2.0 of its Standardised Vessel Dataset (SVD), now incorporating emissions reporting capabilities. This update follows the March...

COSCO Introduces Yuan Hai Kou: New LNG Dual-Fuel Car Carrier Featuring Integrated Solar Panels

COSCO has indeed introduced a new LNG dual-fuel car carrier named the Yuan Hai Kou, which notably features integrated solar panels. This vessel is...