News

Japan’s NYK Line Expands with Eneos Ocean Subsidiary Acquisition Japan’s maritime giant, NYK Line, is set to further solidify its position in the energy shipping industry. In a strategic move, …

AMSA has recently published Marine Notice 03/2024 on the “Testing and Inspection of Oil Filtering Equipment Approved to Meet Resolution MEPC.107(49).” This notice aims to inform ship operators and recognized …

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 …

Table of Contents Toggle Panama’s Bold Move to Secure the Future of the Panama CanalThe Challenge of Water SupplyThe Innovative Solution: Indio River ReservoirLegal and Administrative DevelopmentsImpact on Global TradeConclusion …

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 …

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, …

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.

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. …

In an alarming development, a merchant vessel reported being struck by a waterborne improvised explosive device in the Red Sea on Thursday. The incident, confirmed by British security firm Ambrey, …