News

Salvage teams are making progress removing containers and fuel from the grounded MSC Baltic III off Newfoundland, mitigating environmental risks.

Israel launches retaliatory airstrikes on Yemen after Houthi missile attacks target Israeli airports and cities, escalating regional tensions and impacting civilians.

The CEO of Penn America Energy Holdings, Franc James, recently met with White House officials to discuss the company’s long-standing proposal to construct a liquefied natural gas (LNG) terminal near …

In a significant move signaling Russia’s ambition to reclaim its status as a top maritime power, President Vladimir Putin has approved a comprehensive new naval strategy. This long-term plan, extending …

The United States is reportedly considering establishing a new USVI ship registry in the U.S. Virgin Islands (USVI). This initiative, backed by Governor Albert Bryan Jr., aims to bolster the …

Table of Contents Toggle Petrobras Charts Ambitious Course: $5.1 Billion Investment to Expand Fleet by 52 VesselsKey TakeawaysA Strategic Investment for GrowthBoosting Local IndustryLooking AheadSources Petrobras Charts Ambitious Course: $5.1 …

On June 3, the Maritime industry faced a significant incident when the vessel Morning Midas, a Liberian-flagged car carrier, was abandoned approximately 300 miles southwest of the Aleutian Islands in …

The global shipping industry faces significant challenges in achieving net-zero emissions, despite the emergence of innovative solutions. While new technologies and alternative fuels are being explored, their high costs and …

CMA CGM, a prominent French container shipping line, has initiated a phased return to the Suez Canal for its India-US routes. This decision comes amidst a perceived stabilization of the …

The global shipping industry is a crucial element of international trade, enabling the transportation of goods across continents and contributing to economic growth. Among the numerous shipping companies, five major …

Table of Contents Toggle Clarksons Research Navigates New US Trade Policies and Market Trends at Nor-Shipping 2025Key TakeawaysUS Trade Policies Create UncertaintyClarksons Research Presents Market InsightsGreen Transition and Fleet ModernizationGlobal …

Turkey’s energy landscape is set for a significant boost with the arrival of the nation’s first Floating Production, Storage, and Offloading (FPSO) vessel, the Osman Gazi, in the Black Sea. …

In a bold move to reassert American maritime dominance, President Donald Trump has unveiled a sweeping initiative to build 250 ships domestically. The plan, part of a broader Maritime Action …

The maritime industry has achieved an unprecedented level of safety, reaching its highest historically recorded standards, according to the latest report by Allianz. Despite the complex geopolitical environment, piracy threats, …

The U.S. shipbuilding industry stands at a pivotal crossroads. Once a global leader, it faces mounting challenges—from labor shortages and aging infrastructure to rising geopolitical demands. As the world’s maritime …

Explore the green transformation of the global shipbuilding market as it embraces sustainability and innovation to meet climate goals.

The shipping industry is gradually showing signs of fatigue, with shipbrokers highlighting a slowdown following three years of robust ordering activity and substantial investment. Current data reflect a decline in …

DP World, a leading global logistics and port operator, has announced a significant investment of $2.5 billion in infrastructure for the year. This strategic move aims to enhance its operational …

Denmark has launched a new offshore wind tender with $8.3 billion in subsidies, aiming to boost renewable energy production and attract developers after previous tenders failed.

The EU’s new carbon tax, the Carbon Border Adjustment Mechanism, is set to reshape global shipping dynamics, particularly affecting South African exports reliant on carbon-intensive goods.

Anemoi’s wind propulsion system has achieved a 9% reduction in emissions, marking a significant step towards sustainable shipping and aligning with global climate goals.

The Port of Antwerp-Bruges has launched the Volta 1, Europe’s first fully electric tugboat, marking a significant step towards sustainability in maritime operations.

yundai Mipo Dockyard and Trafigura finalize an agreement for four ammonia dual-fuel carriers, marking a significant step towards sustainable shipping solutions.

The Suez Canal Authority announces a 15% discount on transit fees for containerships to attract shipping traffic back to the Red Sea amid improved security conditions.

The IMO’s new framework for ship efficiency has raised concerns within the maritime industry, highlighting potential inefficiencies and the need for collaborative implementation.

Senegal has officially received its first liquefied natural gas (LNG) cargo for its floating storage and regasification unit (FSRU), marking a significant transition in the country’s energy landscape. This milestone …

A tragic incident occurred on May 9, when a salvage diver lost his life during preparations to raise the superyacht Bayesian, which sank off the coast of Porticello, Italy. The …

Police in New South Wales have successfully intercepted a significant cocaine smuggling operation, arresting five individuals and seizing over a ton of cocaine valued at approximately $400 million. The operation …

The Singapore Strait has seen a troubling rise in maritime robberies, with six ships reported as targets in May alone. The Regional Cooperation Agreement on Combating Piracy and Armed Robbery …

Are Shell and BP goes for mega merger deal?