News

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?

EU mandates insurance disclosure for all vessels in its waters, enhancing maritime safety, environmental protection, and coastal state preparedness.

The U.S. Trade Representative (USTR) has announced new measures targeting China’s maritime sector, including a phased fee structure and tariffs, aimed at boosting American shipbuilding and economic security.

Singapore is gearing up for a pivotal general election on May 3, 2025, as Prime Minister Lawrence Wong seeks a mandate to address pressing economic concerns amid escalating global trade …

Cosco criticizes U.S. trade actions as discriminatory, affecting global shipping amid rising geopolitical tensions. Industry groups support Cosco’s stance as service cuts and pricing pressures arise.

Syria has received its first wheat shipment since the ouster of former President Bashar al-Assad, marking a significant milestone in the country’s recovery efforts. The cargo, which arrived at the …

China’s iron ore and coal imports fell significantly in March 2025, reflecting economic challenges and shifting demand patterns, while crude oil imports rose.

Disney Cruise Line’s newest ship, the Disney Adventure, floated out in Germany, marking a significant expansion in the cruise industry with plans for year-round operations in Asia.

Explore the impact of the trade war on global shipping as major companies cancel freight sailings from China, leading to economic strain and logistical challenges.

Norway’s largest battery-powered ferry, the Hinnøy, begins its delivery run from Turkey, set to revolutionize ferry operations in the Arctic fjord region.

Explore the innovative nuclear-powered shipping initiative utilizing micro modular reactor technology, aimed at enhancing emergency response capabilities in remote areas.

Explore the rising demand for LNG in the maritime industry and the challenges of developing adequate bunkering infrastructure to support this transition.

Greece plans to repay first bailout loans by 2031, ten years early, marking a significant step towards economic recovery and shedding its EU debt label.

Greek shipowners express optimism at the Delphi Economic Forum, believing that tariff impacts will be manageable and that their share of the global fleet will increase.

Discover the landmark decision by IMO member nations to implement the first global carbon fee for shipping, establishing ambitious emission reduction targets and a groundbreaking carbon revenue system. Learn about the fee structure, exemptions, and industry reactions to this pivotal climate policy that aims for net-zero emissions by 2050.

Singapore’s Maritime and Port Authority is set to conduct sea-based LNG bunkering trials in 2025, aiming to enhance its position as a leading hub for alternative marine fuels.

The U.S. has withdrawn from international carbon talks on shipping, urging other nations to reconsider their support for proposed emissions measures, amid ongoing discussions at the IMO.

The U.S. government is reconsidering its proposed port fees for Chinese vessels after significant industry pushback, exploring adjustments to lessen economic impact.

The 83rd meeting of the International Maritime Organization’s Marine Environment Protection Committee (MEPC 83) has sparked uncertainty regarding the global carbon tax on bunker fuel.

Denmark’s Maersk, one of the world’s largest container shipping companies, has reported strong demand from the United States in early 2025. However, the company has also expressed concerns about potential …

Capital Maritime is moving to a significant expansion with plans to invest approximately $1.55 billion in shipbuilding contracts at two major South Korean shipyards.

A recent inquiry into the sinking of the HMNZS Manawanui reveals training deficiencies and autopilot confusion as key factors in the disaster.

NYK has finalized a contract for its first methanol-powered VLCC, marking a significant step towards sustainable shipping. The vessel, set for delivery in 2028, will reduce greenhouse gas emissions and enhance energy efficiency.

Windcoop has placed an order for the world’s first sail-powered containership, aiming to reduce carbon emissions and enhance cargo transport efficiency between France and Madagascar.

One of the world’s leading container shipping companies, CMA CGM, has initiated a lawsuit against Houston-based bunker supplier GCC Supply & Trading, seeking over $5 million in damages. The lawsuit …

Denmark announces a major naval modernization plan, acquiring 25 new ships and advanced unmanned systems to enhance maritime security in response to rising threats.

China reacts strongly to U.S. claims regarding the Panama Canal, following Panama’s withdrawal from the Belt and Road Initiative, highlighting rising tensions between the two superpowers.

The shipping industry continues to experience significant fluctuations, as supply and demand dynamics shape freight rates across various sectors

CNOOC has announced a major oilfield discovery in the Bohai Sea, revealing over 100 million tons of oil equivalent, marking a significant step in China’s offshore oil production efforts.