News

A cargo ship, MV Castphill XV, caught fire in Manila Bay, leading to a dramatic rescue of all twelve crew members by the Philippine Coast Guard. The cause of the fire is under investigation.

Noatum Maritime has taken delivery of its first LNG-powered PCTC, UGR Al Samha, marking a significant step towards sustainable shipping and operational excellence.

Norwegian authorities have uncovered a maritime insurance fraud scheme linked to Russia’s shadow fleet, charging four individuals for forgery and operating an illegal insurance business.

The U.S. Coast Guard discovered over 5,000 gallons of hazardous anhydrous ammonia at Puerto Nuevo Terminals in Puerto Rico, violating safety orders. This article explores the implications and ongoing investigations.

SeaBird Exploration and Energy Drilling have finalized a merger to create SED Energy Holdings, focusing on cash generation and shareholder distributions.

A tragic incident occurred in the Red Sea when the Sindbad tourist submarine sank, resulting in the deaths of six Russian tourists, including two children. The vessel, which was carrying …

The Panama Canal launches the ‘NetZero Slot’ initiative to promote low-carbon shipping, starting October 5, 2025, offering benefits for vessels that meet specific emission criteria.

Bollinger Shipyards has secured a $951 million contract , the Polar Security Cutter Project, modification from the U.S. Coast Guard to advance the construction of a heavy polar icebreaker, enhancing national defense capabilities in polar regions.

South Korean shipping giant HMM has made a significant leap in sustainable maritime practices by launching its first methanol-fueled container ship, HMM Green. This vessel marks a pivotal moment in …

DP World is set to begin a £1 billion expansion of the London Gateway terminal in May 2025, aiming to create the UK’s largest container port and boost the economy.

Declining Box Rates: Explore the recent decline in box rates and how proposed port fee disruptions may lead to a potential recovery in the shipping industry.

Germany seizes Russian tanker, Eventin, carrying $43.3 million worth of oil, as part of its efforts to enforce sanctions against Russia’s oil exports.

NTPC Limited announces plans to establish India’s first Green Hydrogen Hub in Pudimadaka, Andhra Pradesh, aiming to produce 1,200 tonnes of green hydrogen daily and bolster the nation’s green energy objectives.

Lab Dookhtegan claims to have disrupted communications on 116 Iranian vessels, marking a significant cyber attack coinciding with U.S. military actions against Houthi rebels.

The global shipbuilding industry is witnessing a significant shift as South Korean shipbuilders will benefit from potential restrictions on Chinese vessels. This development could reshape market dynamics and enhance the …

The maritime industry faces escalating challenges by climate change, particularly in offshore construction. As extreme weather events become more frequent, the need for innovative insurance solutions to mitigate financial risks …

The maritime industry is facing significant delays in the adoption of methanol engines due to a lack of available e-fuels. A recent study by Lloyd’s Register highlights that without a …

The US Navy is seeking assistance from South Korea and Japan to address shipbuilding challenges amid China’s expanding naval fleet.

The International Maritime Organization (IMO) is advancing a maritime digitalisation strategy aimed for adoption by 2027, focusing on efficiency, safety, and sustainability in the shipping industry.

John Fredriksen acquires a 10.7% stake in Star Bulk Carriers, signaling his continued interest in the dry bulk shipping sector after selling his stake in Golden Ocean.

Hopium has begun bench testing its 200 kW maritime fuel cell system, aiming to revolutionize medium-sized boat power with hydrogen technology.

Lowlands Methanol has signed letters of intent with maritime companies to supply bio- or low-carbon methanol, marking a significant step towards sustainable fuel solutions in the shipping industry.

CMA CGM and MPA have renewed their MoU to advance sustainable shipping, focusing on alternative fuels and maritime innovation.

The Maritime Technologies Forum has released a report aimed at enhancing ship management practices for ammonia-fuelled vessels, addressing safety and operational challenges.

China’s new jack-up barges, designed for amphibious assaults, have been spotted in military drills, signaling preparations for potential operations against Taiwan.

International Container Terminal Services Inc. (ICTSI) has announced a significant investment of $580 million aimed at enhancing its port facilities both locally in the Philippines and internationally by 2025

Maersk partners with SpaceX to equip 330 container ships with Starlink internet, enhancing crew connectivity and operational efficiency.

The U.S. has intensified military strikes against Yemen’s Houthis, vowing to continue until shipping attacks cease, following a deadly airstrike that killed 53.

Trump’s proposed charges on Chinese-built ships could cost container operators up to $5.7 billion annually, impacting the charter market and increasing operational costs.

Seaspan Energy has completed Canada’s first ship-to-ship LNG bunkering in Vancouver, marking a significant milestone in the maritime industry and supporting the transition to cleaner fuels.