Red Sea FAQs: Houthis Assure Safe Passage for ‘Compliant’ Ships

New release of FAQs aimed at legitimising their attacks on Israeli-affiliated ships Experts say it won’t change the shipowners’ operations in the Red...

South China Sea Clash and Narco-Sub Discovery Raise Global Maritime Threats

Fuel costs may rise 3–7% from rerouting in contested waters. War risk insurance premiums climbing 12–15% annually. Singapore port congestion could impact crude...

Panama Canal to Enter Ports Business as Trump-China Feud Simmers

CK Hutchison runs existing ports outside the canal jurisdiction. $8.5 billion capital plan includes ports, pipelines, and reservoirs. Modern cranes to boost efficiency,...

HD Hyundai to Revive Shipbuilding in Subic with $550 Million Investment

200-hectare lease from Agila Subic secured for 10 years. $550 million investment planned over the next decade. Production target set at 10 ships...

LTEG and ITOCHU Partner on 300 KTPA Green Ammonia Project in Kandla

ITOCHU to offtake ammonia for bunkering operations in Singapore. L&T’s land acquisition at Kandla boosts green energy plans. Partnership supports zero-emission marine fuel...

Steady Fleet Growth and Ageing Shape Dry Bulk Market Outlook

Global orderbook stays under 10% with 2026 delivery peak. Ageing concentrated in the Handysize and Supramax segments. Capesize fleet remains younger and competitive. The...

Lessons Learned: Importance of Cooling Cycle in Preventing Laundry Burns

This safety alert, issued by the Marine Safety Forum (MSF), describes an onboard incident in which a crew member sustained a burn injury while...

Lloyd’s Register Launches LR Ports Advisory for Global Port Operations

Lloyd’s Register has launched LR Ports Advisory to provide specialized support for global port operations. The new team offers expertise in regulatory compliance,...

Drewry Reports Strong Shipping Equity Performance for Early August

Global shipping equity indices posted broad gains for the week ending August 8, 2025, led by LPG shipping with a 9.8% rise. Ports...

Van Oord Marks Sustainability Progress with Bio-LNG Bunkering

Van Oord has completed the first Bio-LNG bunkering for its dredger Vox Ariane. The company’s climate targets are approved by the Science Based...