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Daily NewsMarine Engines
Berg Propulsion Launches Revolutionary Climate-Neutral Propeller Shafts
by A. DimitriouBerg Propulsion has launched the world’s first climate-neutral propeller shafts, utilizing the GreenForge® process to significantly reduce carbon emissions in the maritime industry.
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A tragic incident occurred in the Red Sea when the Sindbad tourist submarine sank, resulting in the deaths of six Russian tourists, including two children. The vessel, which was carrying …
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The Panama Canal launches the ‘NetZero Slot’ initiative to promote low-carbon shipping, starting October 5, 2025, offering benefits for vessels that meet specific emission criteria.
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Daily News
HMM Green First Methanol-Powered Containership, Leading the Green Shipping Revolution
by A. DimitriouSouth Korean shipping giant HMM has made a significant leap in sustainable maritime practices by launching its first methanol-fueled container ship, HMM Green. This vessel marks a pivotal moment in …
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DP World is set to begin a £1 billion expansion of the London Gateway terminal in May 2025, aiming to create the UK’s largest container port and boost the economy.
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Declining Box Rates: Explore the recent decline in box rates and how proposed port fee disruptions may lead to a potential recovery in the shipping industry.
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Daily News
Germany Seizes a Russian Tanker Loaded with 100,000 Barrels of Crude Oil Worth $43.3 Million.
by A. DimitriouGermany seizes Russian tanker, Eventin, carrying $43.3 million worth of oil, as part of its efforts to enforce sanctions against Russia’s oil exports.
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NTPC Limited announces plans to establish India’s first Green Hydrogen Hub in Pudimadaka, Andhra Pradesh, aiming to produce 1,200 tonnes of green hydrogen daily and bolster the nation’s green energy objectives.
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Mitsubishi Shipbuilding has secured an order for three methanol-fueled RoRo cargo ships, enhancing Japan’s commitment to sustainable maritime transport. Delivery is scheduled for fiscal 2028.
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Lab Dookhtegan claims to have disrupted communications on 116 Iranian vessels, marking a significant cyber attack coinciding with U.S. military actions against Houthi rebels.
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Cummins Inc. has received DNV Approval in Principle for its methanol-ready QSK60 marine engine, marking a significant step towards sustainable marine operations.
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Daily News
South Korean Shipbuilders Set to Benefit from Potential US Restrictions on Chinese Vessels
by A. DimitriouThe global shipbuilding industry is witnessing a significant shift as South Korean shipbuilders will benefit from potential restrictions on Chinese vessels. This development could reshape market dynamics and enhance the …
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Daily News
Navigating the Storm: The Role of Parametric Insurance in Offshore Maritime Amid Climate Change
by A. DimitriouThe maritime industry faces escalating challenges by climate change, particularly in offshore construction. As extreme weather events become more frequent, the need for innovative insurance solutions to mitigate financial risks …
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The maritime industry is facing significant delays in the adoption of methanol engines due to a lack of available e-fuels. A recent study by Lloyd’s Register highlights that without a …
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Daily News
US Navy Turns to Allies for Shipbuilding Solutions Amidst Growing Chinese Threat
by A. DimitriouThe US Navy is seeking assistance from South Korea and Japan to address shipbuilding challenges amid China’s expanding naval fleet.
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The International Maritime Organization (IMO) is advancing a maritime digitalisation strategy aimed for adoption by 2027, focusing on efficiency, safety, and sustainability in the shipping industry.
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John Fredriksen acquires a 10.7% stake in Star Bulk Carriers, signaling his continued interest in the dry bulk shipping sector after selling his stake in Golden Ocean.
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Hopium has begun bench testing its 200 kW maritime fuel cell system, aiming to revolutionize medium-sized boat power with hydrogen technology.
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Lowlands Methanol has signed letters of intent with maritime companies to supply bio- or low-carbon methanol, marking a significant step towards sustainable fuel solutions in the shipping industry.
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CMA CGM and MPA have renewed their MoU to advance sustainable shipping, focusing on alternative fuels and maritime innovation.
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Daily News
New Report by Maritime Technologies Forum Aims to Revolutionize Ship Management Practices
by A. DimitriouThe Maritime Technologies Forum has released a report aimed at enhancing ship management practices for ammonia-fuelled vessels, addressing safety and operational challenges.
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Daily News
China’s New Amphibious invasion Barges Make Their Debut in Military Drills
by A. DimitriouChina’s new jack-up barges, designed for amphibious assaults, have been spotted in military drills, signaling preparations for potential operations against Taiwan.
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Daily News
ICTSI Unveils Ambitious $580 Million Investment Plan for Global Port Upgrades
by A. DimitriouInternational Container Terminal Services Inc. (ICTSI) has announced a significant investment of $580 million aimed at enhancing its port facilities both locally in the Philippines and internationally by 2025
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Maersk partners with SpaceX to equip 330 container ships with Starlink internet, enhancing crew connectivity and operational efficiency.
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The U.S. has intensified military strikes against Yemen’s Houthis, vowing to continue until shipping attacks cease, following a deadly airstrike that killed 53.
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Daily News
Trump’s New Charges on Chinese Ships Could Cost Container Operators Billions
by A. DimitriouTrump’s proposed charges on Chinese-built ships could cost container operators up to $5.7 billion annually, impacting the charter market and increasing operational costs.
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Seaspan Energy has completed Canada’s first ship-to-ship LNG bunkering in Vancouver, marking a significant milestone in the maritime industry and supporting the transition to cleaner fuels.
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Solong captain charged with gross negligence
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A serious maritime incident occurred in the North Sea when the cargo ship Solong collided with the oil tanker Stena Immaculate, which was carrying 220,000 barrels of jet fuel. The …
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The SHIPS Act aims to revitalize the U.S. maritime industry by enhancing domestic shipbuilding capabilities and fostering international partnerships, particularly with South Korea.
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