Global Maritime News

NYK Bulkship (Atlantic) N.V. has installed two wind-assist VentoFoils on the bulk carrier NBA Magritte at the port of Rotterdam. The vessel is engaged in a long-term charter contract with …

Ship Recycling Market The ship recycling markets in the Indian subcontinent continue to remain highly unstable as both currency values and local steel plate prices in India and Bangladesh experienced …

Reuters July 2024 The Indian Coast Guard has been tackling a significant cargo fire onboard the Maersk Frankfurt, a newbuild containership chartered to Danish carrier Maersk, in the Arabian Sea. The …

Spain Detains Maltese-Flagged Oil Tanker Over Oil Spill Near TarragonaSpain has detained and fined the Maltese-flagged oil tanker, Lagertha, for discharging oil in open waters near the northeastern port city …

Transnet, the operator of South Africa’s ports and rail network, has received a substantial vote of confidence from the African Development Bank Group. The bank, established 60 years ago by …

“The Prime Minister of the United Kingdom, Keir Starmer, announced the crackdown on Russia’s so-called shadow tanker fleet used to circumvent international sanctions, stating that 44 European nations approved the …

Summary The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the final supply chain trial for biofuel blended with very low sulfur fuel oil (VLSFO). This achievement concludes a …

Celebrating Women in Maritime: The SHE_SEES Exhibition Comes to Portsmouth After its successful launch during last year’s London International Shipping Week, the inspiring SHE_SEES exhibition is setting sail for Portsmouth, …

Rescue of 9 Crew Members from MT Prestige Falcon Incident Overview The MT Prestige Falcon found itself in a catastrophic situation at sea. The vessel, carrying a substantial load of …

Key Outcomes The IMO Council met for its 132nd session from July 8 to 12, 2024, at IMO headquarters in London. This session saw several important decisions aimed at enhancing …

Dutch shipbuilder Damen is pushing the boundaries of marine engineering with the unveiling of their latest innovation, the Damen D16 engine. This marine engine, coupled with Damen’s proprietary marine emission …

The Greek navy this week extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese and further, in a bid to deter ship-to-ship transfers of Russian …

The Government of the Kingdom of Bahrain is set to bolster the Arab Shipbuilding and Repair Yard Company (ASRY) in its pioneering efforts to establish a green ship recycling program. …

In a recent incident reported by Reuters, the Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential oil spill after being attacked by Yemen’s Houthis in the Red Sea. The Red …

📈 Industry Update: Container Shipping and LNG Container shipping companies are increasingly turning to LNG (liquefied natural gas) for their newbuild ships amidst a significant surge in boxship contracting. While …

Accidents onboard ships show no sign of decreasing, according to the latest statistics submitted to the IMO by InterManager. The number of seafarers injured in falls has remained fairly consistent …

CIMAC has been officially granted consultative status with the IMO. CIMAC is the leading global non-profit association promoting the development of ship propulsion, train drive and power generation. Eero Lehtovaara …

The oil tanker Prestige Falcon capsized near Oman’s Duqm port, leaving 16 crew members missing. Learn more about the incident and its implications.

German dry bulk owner Oldendorff has sold a ship despite softening prices as the market takes a breather. Sales registers indicate that the German post-panamax expert has sold six ships, …

ClassNK has published its annual report on Port State Control, aimed at raising awareness of the current state of PSC and enhancing onboard maintenance and inspections, as well as Safety …

KT Marine has taken delivery of the Damen Fast Ferry 4212, introducing this high-speed vessel to South Korea’s maritime transport sector. The ferry, which is part of Damen Shipyards’ Fast …

On July 19, 2024, San Francisco Bay will witness the launch of the world’s first entirely hydrogen-powered ferry, marking a significant milestone in sustainable maritime transportation. This innovative vessel, named …

After a prolonged period of high rates, container freight rates have shown signs of stabilizing. This temporary relief comes as a reaction to various market factors, including adjustments in supply …

On July 12, 2024, Saipem announced the signing of a significant framework agreement with BP to support offshore activities in Azerbaijan. The agreement will see Saipem leveraging their extensive expertise …

The American Bureau of Shipping (ABS) has granted an Approval in Principle (AiP) for a new gangway design developed by Pengrui Marine Equipment Ltd. and COSCO Shipping Heavy Industry. This …

The European Maritime Safety Agency (EMSA) recently took part in “Operation Breeze,” a joint maritime safety and security operation. This initiative was coordinated with several European Union member states and …

The Federal Maritime Commission (FMC) has initiated an investigation into the Gemini Alliance, a significant maritime consortium formed by several major shipping companies. The probe, which has resulted in delays …

Two Floating Production Storage and Offloading (FPSO) units, built by Singapore’s SeaTium Offshore, have received classification from the American Bureau of Shipping (ABS). These FPSOs are designed to operate off …

Japan’s NYK Line Expands with Eneos Ocean Subsidiary Acquisition Japan’s maritime giant, NYK Line, is set to further solidify its position in the energy shipping industry. In a strategic move, …

AMSA has recently published Marine Notice 03/2024 on the “Testing and Inspection of Oil Filtering Equipment Approved to Meet Resolution MEPC.107(49).” This notice aims to inform ship operators and recognized …