Global Maritime News

The Wind Challenger Project by MOL aims to revolutionize energy savings in maritime transport through the utilization of advanced wind propulsion technologies. Specifically designed for large merchant vessels, this initiative …

Panama’s Bold Move to Secure the Future of the Panama Canal In a groundbreaking development, Panama is set to “future-proof” the operation of the New Panama Canal against the lingering …

Navigating Towards a Greener Future: The Impact of FuelEU Maritime As the world grapples with the urgent need to combat climate change, the European Union (EU) is steering its maritime …

As the world pushes towards reducing carbon emissions, innovative solutions like Carbon Capture and Storage (CCS) have gained prominence. A critical component of this technology is CO2 shipping, where specialized …

In a groundbreaking development, RINA has granted Approval in Principle to SDARI as the ship designer for an innovative aframax tanker. This vessel is the result of a joint development …

Heading Title Columbia Group has partnered with Crowley to form a strategic cooperation agreement aimed at elevating their ship management solutions. This collaboration capitalizes on the expertise of both organizations …

Heading Title China’s Hengli Group announced a significant investment of yuan (CNY) 9.2 billion ($1.3 billion) into its shipbuilding business in Dalian, Liaoning province. The investment, made by its subsidiary …

Navigating the Future: The Power of Nuclear Propulsion in Ships By MaritimeHub Editors In an age where sustainability and efficiency are at the forefront of technological advancements, nuclear propulsion has …

Last month, the Korean shipbuilding industry’s share of ship orders fell sharply amid the rapid progress of its rival China. According to Clarkson Research, a British shipbuilding and shipping market …

Shipping giant Angelicoussis Group, famed for its impressive fleet of 141 ships operating under Maran Gas, Maran Tankers, and Maran Dry brands, is embarking on what is being hailed as …

In a significant turn of events for the shipping industry, box rates – the cost to transport containers by sea – have surged to four times their pre-pandemic levels. This …

The Oil Companies International Marine Forum (OCIMF) has officially announced that its updated Ship Inspection Report Program (SIRE 2.0) will become fully operational and the standard tanker inspection tool starting …

In recent years, the steel industry has been undergoing a powerful transformation towards sustainability with the emergence of Green Steel. Green Steel, also known as eco-friendly steel, is produced using …

Singaporean shipbuilder Strategic Marine has received an order from Louis Dreyfus Armateurs for two more crew transfer vessels (CTVs), bringing their fleet up to seven high-specification vessels. These 27-meter CTVs, …

ATHENS/LONDON, July 3, 2024 (Reuters) – A tanker abandoned off Yemen’s coast in June has disappeared and is believed to have sunk, according to three navy and security sources. The incident …

The Rise to Global Shipping Dominance and Diversification Gianluigi Aponte, the visionary founder of Mediterranean Shipping Co (MSC), has propelled the company to unprecedented heights, solidifying its position as a …

Maersk and Hapag-Lloyd Unveil “Gemini Cooperation” for Enhanced Ocean Network Operations Hapag-Lloyd AG and Maersk A/S, an A.P. Maersk subsidiary, recently inked a pioneering agreement to establish a new long-term …

Lloyd’s Register has signed a Memorandum of Understanding (MoU) with H2Terminals Limited and its partners to evaluate a green hydrogen infrastructure project in the UK. This initiative includes developing an …

In a significant move set to reshape the maritime landscape, a new Saudi liner has entered the scene with ambitious plans for fleet expansion, facilitated by a strategic partnership with …

In the midst of a significant boom in the shipbuilding industry, labor-management tensions at domestic shipyards in Korea are escalating. Unionized workers are advocating for higher salaries and improved welfare …

DOF Group, a Norwegian offshore supply vessel company, has recently announced its acquisition of Maersk Supply Service (MSS) in a deal valued at $1.11 billion, combining to form a prominent …

Learn how Trafigura has recently achieved a significant milestone by conducting its inaugural ship-to-ship (STS) ammonia transfer.

Press release Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers Wärtsilä Corporation, Trade press release 19 June 2024 at 09:00 UTC+2 Technology group Wärtsilä today announced it …

Today, 1st of July, 2024, marks a significant milestone in environmental protection efforts as a ban on the use of Heavy Fuel Oil (HFO) in Arctic waters comes into effect. …

Navigating the Waters: The Container Shipping Market Outlook for 2024 The container shipping industry, a crucial artery of global trade, continues to face significant challenges and opportunities as we move …

Interferry’s Call for a Fleet-Balancing Mechanism: A New Approach to CII Compliance As the maritime industry grapples with stringent Carbon Intensity Indicator (CII) regulations, Interferry has proposed a novel fleet-balancing …

Bulgarian shipowner IHB Shipping, a subsidiary of Industrial Holding Bulgaria (IHB), has announced a significant fleet renewal with an order for three ultramax newbuilds from Chinese shipbuilder New Dayang. This …

In recent years, there has been a notable surge in the number of companies investing in the market of newly built ships. According to the latest report from IHS, this …

  In a significant move towards greener maritime operations, Stena RoRo has announced the addition of two more E-Flexer RoPax vessels to its innovative fleet, ordered from the CMI Jinling …

In a dramatic turn of events, the Indonesian freighter Noah Satu (IMO 9313620) caught fire and sank off the coast of Tuban, East Java, sending ripples through the maritime community. …