News

Key Outcomes The IMO Council met for its 132nd session from July 8 to 12, 2024, at IMO headquarters in London. This session saw several important decisions aimed at enhancing …

Dutch shipbuilder Damen is pushing the boundaries of marine engineering with the unveiling of their latest innovation, the Damen D16 engine. This marine engine, coupled with Damen’s proprietary marine emission …

The Greek navy this week extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese and further, in a bid to deter ship-to-ship transfers of Russian …

The Government of the Kingdom of Bahrain is set to bolster the Arab Shipbuilding and Repair Yard Company (ASRY) in its pioneering efforts to establish a green ship recycling program. …

Houthi Attacks in Red Sea Raise Environmental and Economic Concerns In a recent incident reported by Reuters, the Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential …

📈 Industry Update: Container Shipping and LNG Container shipping companies are increasingly turning to LNG (liquefied natural gas) for their newbuild ships amidst a significant surge in boxship contracting. While …

Accidents onboard ships show no sign of decreasing, according to the latest statistics submitted to the IMO by InterManager. The number of seafarers injured in falls has remained fairly consistent …

CIMAC has been officially granted consultative status with the IMO. CIMAC is the leading global non-profit association promoting the development of ship propulsion, train drive and power generation. Eero Lehtovaara …

Reuters – The 16-member crew of the Comoros-flagged oil tanker Prestige Falcon, which capsized off the coast of Oman, remains missing, according to the country’s maritime security centre. The crew …

German dry bulk owner Oldendorff has sold a ship despite softening prices as the market takes a breather. Sales registers indicate that the German post-panamax expert has sold six ships, …

ClassNK has published its annual report on Port State Control, aimed at raising awareness of the current state of PSC and enhancing onboard maintenance and inspections, as well as Safety …

KT Marine has taken delivery of the Damen Fast Ferry 4212, introducing this high-speed vessel to South Korea’s maritime transport sector. The ferry, which is part of Damen Shipyards’ Fast …

On July 19, 2024, San Francisco Bay will witness the launch of the world’s first entirely hydrogen-powered ferry, marking a significant milestone in sustainable maritime transportation. This innovative vessel, named …

After a prolonged period of high rates, container freight rates have shown signs of stabilizing. This temporary relief comes as a reaction to various market factors, including adjustments in supply …

On July 12, 2024, Saipem announced the signing of a significant framework agreement with BP to support offshore activities in Azerbaijan. The agreement will see Saipem leveraging their extensive expertise …

The American Bureau of Shipping (ABS) has granted an Approval in Principle (AiP) for a new gangway design developed by Pengrui Marine Equipment Ltd. and COSCO Shipping Heavy Industry. This …

The European Maritime Safety Agency (EMSA) recently took part in “Operation Breeze,” a joint maritime safety and security operation. This initiative was coordinated with several European Union member states and …

The Federal Maritime Commission (FMC) has initiated an investigation into the Gemini Alliance, a significant maritime consortium formed by several major shipping companies. The probe, which has resulted in delays …