DNV, HD Hyundai Mipo (HMD), and HD Korea Shipbuilding & Offshore Engineering (KSOE) have announced a significant collaboration aimed at developing new standards for testing electric propulsion systems using digital …
An Ukrainian cargo ship, the Maranta, has been banned from EU ports following Paris MOU inspections.
China has officially launched its new Type 076 amphibious assault ship, which is set to serve as a drone carrier
Several key expectations are emerging as the U.S. Coast Guard (USCG) prepares for 2025 under a potential second Trump administration. The agency, pivotal in maritime safety and environmental stewardship for …
The Trump administration is back in the spotlight, and everyone is curious about how it will affect the shipping and maritime industry. There are many issues at play, from trade …
in September 1994, the MS Estonia, a ferry crossing the Baltic Sea, met a tragic fate. This disaster, one of the deadliest maritime accidents of the 20th century, claimed 852 lives and left only 137 survivors.
In a significant advancement for the maritime industry, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a subsidiary of HD Hyundai, has received Approval in Principle (AiP) for the world’s …
Singapore has achieved a remarkable milestone in 2024 by breaking its previous records in bunker fuel sales, solidifying its position as the world’s largest bunkering hub. The Maritime and Port …
Looking ahead to 2025, the dry bulk shipping market is set to undergo significant changes. With advancements in technology, stricter environmental regulations, and fluctuating economic factors, the industry is in …
Singapore has achieved a significant milestone in its journey towards sustainable energy by supplying renewable diesel for the first time. This event marks a pivotal step in the nation’s commitment …
Bureau Veritas, a French company specializing in testing and certification services, is in advanced talks to merge with its Swiss rival SGS, potentially creating a €32 billion ($33 billion) giant …
The global shipbuilding industry achieved its largest order intake in 17 years in 2024, with significant growth across various segments, particularly in container ships, gas carriers, and tankers.
PSA Singapore has achieved a remarkable milestone by handling over 40 million twenty-foot equivalent units (TEU) in annual throughput for 2024. This achievement surpasses the previous record of 38.8 million …
The U.S. and U.K. have imposed sweeping sanctions on over 180 Russian tankers, targeting the shadow fleet to disrupt oil revenues funding the war in Ukraine.
ADNOC Logistics and Services has successfully completed its acquisition of an 80% stake in Navig8 TopCo Holdings for $1.04 billion (AED3.8 billion). This strategic move is set to enhance ADNOC …
South Korea’s Hanwha Group has entered the U.S. shipbuilding industry by buying Philly Shipyard for $100 million.
Akselos and the American Bureau of Shipping (ABS) have signed a Memorandum of Understanding (MoU) aimed at enhancing engineering and certification processes for floating offshore wind projects.
Egypt has successfully tested a new 10-kilometer (6.2-mile) extension of the Suez Canal, aimed at enhancing navigational safety and increasing the waterway’s capacity. This development comes in response to challenges …
Japan and China have overtaken Greece in shipping dominance, leading in fleet size and asset values, marking a significant shift in the global maritime industry.
In a significant escalation of economic pressure, the United States and its allies have intensified sanctions targeting Russian Dark Fleet. This fleet has been instrumental in circumventing international sanctions on …
Estonia’s Maritime Revolution streamlined its maritime registration process in a remarkable demonstration of efficiency, allowing a cargo ship to switch from the Gibraltar flag to the Estonian flag in just …
Donald Trump has revived talks about U.S. control of the Panama Canal and Greenland acquistion.
INTERCARGO supports RightShip’s new inspection timeline, boosting maritime safety and global shipping standards.
As 2024 draws to a close, the maritime industry has witnessed a series of pivotal events that have shaped global shipping dynamics. From geopolitical tensions affecting trade routes to significant …
The FuelEU Maritime Regulation, effective January 1, 2025, aims to reduce greenhouse gas emissions in the shipping industry, impacting operations and compliance requirements.
Explore the timeline of subsea sabotage events in the Baltic Sea, highlighting incidents that have raised security concerns among nations in the region.
Oil Spill in Black Sea – Russia Declares Emergency
Yanmar Power Technology has made significant strides in the maritime industry by successfully completing a land-based demonstration test of its hydrogen 4-stroke high-speed engine. This innovative engine, designed for power …
Seafarer Shortage, lack of skilled workforce
The shipping industry is a vital element of the global economy, responsible for transporting over 90% of the world’s goods by volume.
