Fire Breaks Out on General Cargo Carrier in Port of Cartagena, Spain

A recent fire event involving a general cargo carrier in Spain highlights the importance of portside safety protocols, although the blaze was successfully extinguished...

Maritime Leaders Divided on Feasibility of IMO’s Net-Zero Target

The SMM Maritime Industry Report (MIR) 2025 indicates a dual reality for the global shipping sector: a strong practical commitment to sustainability driven by...

US-China Port Tariffs Cause VLCC Freight Rates to Surge

The new port fees imposed by the US and China have significantly contributed to a surge in Very Large Crude Carrier (VLCC) freight rates....

LNG Shipping Index Returns to Trading Range Amid Positive Long-Term Outlook

The UP World LNG Shipping Index (UPI) experienced a notable rebound, gaining 2.24 points to close at 164.36 points, reflecting a weekly increase of...

[Podcast] IMO Delays Global Carbon Price for Shipping After Key Vote

An extraordinary meeting of the International Maritime Organization's (IMO) Marine Environment Protection Committee (MEPC) ended in a major setback for global climate action after...

Port Of Melbourne And Shanghai Strengthen Green Shipping Ties

The Port of Melbourne and the Shanghai Municipal Transportation Commission (SMTC) have formalized a new phase of collaboration to advance maritime decarbonization, signing a...

Pilbara Ports Records 68.5 Million Tonnes Throughput In September 2025

Pilbara Ports has reported a total monthly throughput of 68.5 million tonnes (Mt) in September 2025, marking a 3% increase compared to the same...

Klaipėda Port Cargo Throughput Rises 11% In First Nine Months Of 2025

The Port of Klaipėda has recorded a robust 11% increase in cargo throughput over the first nine months of 2025, handling 28.7 million tons...

CMB.TECH Generates $68.4 Million Capital Gains From Vessel Sales

CMB.TECH NV, the Belgian maritime and cleantech group, has announced a strong performance in its latest trading update, covering the third quarter and the...

U.S. Condemns China’s Sanctions On Hanwha Ocean Subsidiaries

The United States has condemned China’s decision to impose sanctions on five U.S. subsidiaries of Hanwha Ocean, a major player in Korea-U.S. shipbuilding cooperation....