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The EU has sanctioned Intershipping Services LLC, operator of the Comoros and Gabon flag registries, for facilitating the ‘shadow fleet’ of aging, uninsured vessels transporting sanctioned oil, highlighting global efforts to curb maritime risks.
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ATHENS, July 9, 2025 — The global shipping industry is navigating through one of its most challenging periods in recent years, as armed conflicts, geopolitical instability, and economic uncertainty converge to …
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The cargo ship Eternity C sank in the Red Sea after a deadly Houthi attack, leaving 15 missing and 4 dead. The incident revives maritime threats in a key global trade route.
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Houthi rebels launched a major attack on the Greek-owned vessel MV Eternity C in the Red Sea. Armed security guards engaged in a firefight to prevent boarding. Get the latest maritime security news.
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A Greek-owned bulk carrier was attacked in the Red Sea with gunfire and sea drones, causing a fire and forcing the crew to abandon ship. Maritime sources suspect Houthi involvement.
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The global maritime industry is navigating a wave of rising ship sale prices in 2025, with bulk carriers, tankers, and container ships all experiencing notable increases. This article breaks down …
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On July 2, 2025, the passenger ferry KMP Tunu Pratama Jaya sank near Bali, Indonesia, with 65 people onboard. 31 have been rescued, 30 remain missing. Search and rescue operations are ongoing.
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HMM announces a €150 million expansion of its Algeciras Container Terminal in Spain, aiming to boost capacity to 2.8 million TEU and solidify its role as a key Mediterranean transshipment hub.
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Eastern Shipbuilding wins contract to build hybrid-electric ferries for WSF, marking a new era for sustainable transportation.
Shipyards
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Discover the amazing performance of Chinese Shipyards in Ship Repairs which managed to repair the 64% of the Global fleet in 2025.
by Sanvee Gupta -
Drydocks World to convert LNG carrier into FSU Cap Lopez for Gabon, boosting gas capacity and supporting sustainable offshore energy.
by Sanvee Gupta -
Kawasaki Heavy Industries, liquid hydrogen carrier, 40,000 m³ hydrogen vessel, hydrogen shipping, hydrogen energy transport, cryogenic shipping, next‑generation vessels, maritime decarbonisation, alternative fuels shipping
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Discover Russia’s groundbreaking achievement with the first domestically built Arc7 LNG tanker, enhancing Arctic energy exports under sanctions.
by Sanvee Gupta
Shipping Companies
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Discover about the new MSC’s mega deal with Sinokor Fleet from Korea for the acquisition of 30 Container ships.
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Discover details of newly formed Capital Axis Maritime corp. and the strategic partnership of Marinakis Group of companies.
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Capital takes delivery of the world’s first large CO₂ carrier and multi‑gas carrier, marking a milestone for CO₂ shipping and carbon capture.
by Sanvee Gupta -
Discover how ZIM’s $3 billion cash reserve and undervalued stock attract global shipping giants, amid geopolitical challenges and strategic regulatory hurdles.
by Sanvee Gupta
Classification Societies
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Amazon’s Alison Kay joins Lloyd’s Register board after Greek owner retires, signalling a new digital era for the classification society.
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The global maritime sector entered a new regulatory era on 1 January 2026, when a comprehensive set of amendments to key IMO treaties took effect. …
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Discover the new IACS welding rules for Marine and Offshore Structures to improve structural integrity.
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Find out how the IFA is calling for broader participation among flag States to strengthen maritime governance and future-proof global trade.
Marine Engines
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Discover WinGD’s high-pressure LNG dual-fuel engine, a game-changer for ultra-large container ships, enhancing efficiency, safety, and environmental compliance.
by Sanvee Gupta -
Discover how Wärtsilä’s integrated LNG systems are transforming the maritime industry, boosting efficiency and adhering to strict environmental standards.