A tripling in cargo insurance costs for tankers and record increases in freight rates have been recorded within hours, as shipowners and charterers react to growing uncertainty in the Middle East due to the …
In June 2025, the long-simmering tensions between Israel and Iran erupted into open conflict, marking one of the most dangerous escalations in the Middle East in recent decades. What began …
Introduction As geopolitical tensions escalate in the Middle East, particularly between Iran and Israel, the global shipping industry is once again in the spotlight. With fears mounting over a potential …
A ship collided with two other ships sailing near the Strait of Hormuz on Tuesday, shipping sources told Reuters, while the British maritime security company Ambrey earlier reported an incident off the …
Fires involving electric cars on RoRo (Roll-on/Roll-off) ferries and car carriers have become a significant issue. These ships transport numerous vehicles, and when a fire ignites in an electric vehicle …
The global maritime community is now on heightened alert due to escalating fears of military escalation between Iran and Israel. These tensions are fueling widespread concerns about regional stability in …
According to the 2024/2025 Flag State Performance Table published by the International Chamber of Shipping (ICS), the top-performing flag states across all Port State Control (PSC) regimes worldwide, based on …
June 2025 | Madrid, Spain — The Spanish government has announced a significant extension of its national shipbuilding incentive program, aiming to strengthen the country’s maritime sector, stimulate innovation, and accelerate …
June 2025 | Hamburg, Germany — Global shipping giant Hapag-Lloyd has officially taken delivery of the Wilhelmshaven Express, the final vessel in its groundbreaking series of LNG-powered ultra-large container ships (ULCS). This marks a major …
Canadian shipbuilding giant Davie is poised to acquire Texas shipyards from Gulf Copper & Manufacturing. This strategic move aims to secure lucrative U.S. icebreaker contracts. The acquisition is expected to …
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