Hapag-Lloyd Orders Milestone 1,000th Dual-Fuel ME-GI Engine From Everllence

Hapag-Lloyd has marked a major industry milestone with the order of the 1,000th B&W ME-GI dual-fuel engine, reaffirming its commitment to sustainable shipping. The commemorative...

Trafigura Deepens Maritime Tech Investments Through ZeroNorth Alliance

Trafigura has entered a strategic alliance with maritime tech firm ZeroNorth to enhance fleet efficiency and sustainability. The company will implement ZeroNorth’s AI-powered...

Global Ship Lease Gains Continued Investor Confidence with Affirmed Credit Ratings

Global Ship Lease’s credit ratings were reaffirmed by Moody’s, S&P, and Kroll, all maintaining stable outlooks. The ratings reflect the company’s strong cash...

COSCO SHIPPING YANGPU Debuts with Inaugural Green Fuel Bunkering

COSCO SHIPPING YANGPU, China’s first domestically built methanol dual-fuel containership, completed its maiden voyage and inaugural green methanol bunkering at the Port of...

What Shipowners Need to Know About Turkish Pollution Penalties

Turkiye enforces pollution fines on a strict liability basis, meaning no proof of negligence is needed. Fines are based on gross tonnage and...

Singapore Strait Shipping Faces Surge in Armed Robbery Incidents

Armed robbery incidents in the Singapore Straits surged to 57 in the first half of 2025, making up over 60% of global cases. ...

Ammonia-Powered Ships: Pioneering the Future of Green Shipping

Ammonia is rapidly gaining traction as a potential alternative fuel for maritime transport, offering a promising route toward decarbonization. When produced using renewable energy,...

US Tariff Uncertainty Weighs on Transpacific Shipping

Key insights: 1. President Trump signed an executive order extending the reciprocal tariff pause for a long list of US trading partners from July 9th...

Xeneta Snapshot: Ocean Container Rates Climb Amid Capacity Crunch

According to Xeneta’s Weekly Ocean Container Shipping Market Update for July 8, 2025, global ocean freight rates are climbing sharply, driven by persistent port...

[Watch]Houthis Unleash Explosive Assault on Cargo Ship in Chilling Footage

Yemen’s Houthi rebels have released a disturbing video that captures the moment they stormed and sank a commercial cargo ship in the Red Sea....