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 …
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 …
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 …
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, …
German shipowner Carsten Rehder has announced a significant new partnership with Indian shipbuilder Garden Reach Shipbuilders & Engineers Ltd. (GRSE) for the construction of eight CORAL 7500 Multipurpose Dry Cargo …
The bill to phase out live sheep exports has successfully passed through the Australian House of Representatives.“This is a historic moment in Australia’s history that brings us closer than ever …
U.S. liquefied natural gas (LNG) exporter Venture Global has launched its first LNG vessel, the Venture Gator, at the Samsung Heavy Industries shipyard in Geoji-si, South Korea. This marks the …
Crowley Maritime has officially christened its pioneering electric harbor tug, the eWolf, in a ceremony held in San Diego. This advanced vessel, which will start commercial operations at the Port …
Adnoc, the United Arab Emirates’ energy giant, has recently awarded a significant contract to two renowned South Korean shipbuilders, Samsung Heavy Industries (SHI) and Hanwha Ocean (formerly known as DSME), …
The Port of Antwerp-Bruges has reported a container fire at Waaslandhaven, leading to a temporary suspension of terminal operations. On June 24 at 5:30 am (CEST), maritime activity was momentarily …
Recent claims by Yemen’s Houthi rebels of an attack on the U.S. aircraft carrier Dwight D. Eisenhower in the Red Sea have been debunked by U.S. officials. The Houthis, aligned …
The New Zealand Interisland ferry Aratere went hard aground near Picton due to a steering failure. The 25-year-old vessel, carrying freight and crew, veered off course about 1.5 nautical miles …
