News

Solong captain charged with gross negligence

A serious maritime incident occurred in the North Sea when the cargo ship Solong collided with the oil tanker Stena Immaculate, which was carrying 220,000 barrels of jet fuel. The …

The SHIPS Act aims to revitalize the U.S. maritime industry by enhancing domestic shipbuilding capabilities and fostering international partnerships, particularly with South Korea.

Gulf Navigation progresses with the acquisition of Brooge Energy, enhancing its position in the oil and gas logistics sector with a deal valued at AED 3.2 billion.

Australia has destroyed an Indonesian fishing boat caught illegally shark finning, highlighting its commitment to protecting marine resources and enforcing strict fishing regulations.

The Royal Navy’s maritime security reporting arm has received multiple reports of GPS jamming in the Strait of Hormuz, a key global shipping route known for periodic electronic interference. While …

The Canadian government has officially signed a contract with Seaspan Shipyards for the construction of a new heavy polar icebreaker

The U.S. has imposed sanctions on China’s shipbuilding industry, citing unfair subsidies that threaten American commerce and national security.

CMA CGM announces a $20 billion investment in U.S. maritime and logistics, aiming to create 10,000 jobs and enhance shipping infrastructure.

Explore the latest developments in global shipbuilding orders

Houthi attacks on shipping routes in the Red Sea have led to soaring insurance costs, raising concerns about maritime safety and environmental risks.

The U.S. plans to impose fees on ships linked to China, urging allies to follow suit. This initiative aims to strengthen domestic shipbuilding and counter China’s maritime dominance.

The LNG shipping industry is experiencing a major decline as freight rates have reached all-time lows. This drop is due to too many vessels and delays in new liquefaction projects, …

China’s shipbuilding industry secures major contracts worth billions, capturing 75% of global orders in 2024, while facing scrutiny from the U.S. over trade practices.

CK Hutchison has announced a $22.8 billion deal to sell its international ports portfolio, including key terminals in Panama, to BlackRock and MSC, marking a significant shift in global infrastructure ownership.

The ITF and the Philippines have signed an agreement to enhance mental health support for seafarers, marking a significant step in addressing the unique challenges faced by maritime workers.

Corvus Energy’s Dolphin NxtGen marine battery system has received Type Approval from Lloyd’s Register, confirming its compliance with stringent safety standards in the maritime industry.

China Merchants Port Holdings has acquired a 70% stake in Brazil’s only private VLCC terminal, Vast Infraestrutura, enhancing its influence in South America.

https://maritime-hub.com/capesizes-surge-ahead-a-strong-week-in-the-dry-bulk-market/

Explore how US tariffs and geopolitical tensions are threatening the $9 trillion shipping industry, impacting global trade and consumer prices.

Explore the UK & EU Youth mobility scheme’s vital role in enhancing the maritime industry’s workforce and economy.

BP has announced a major shift in strategy, reducing investments in renewable energy and refocusing on oil and gas production, raising concerns among environmentalists.

New guidelines for engine room escape arrangements have been released, emphasizing compliance with SOLAS regulations and enhancing maritime safety.

John Fredriksen has acquired a $171 million stake in BW LPG, becoming the second-largest shareholder. This strategic move follows a significant fleet sale by his Avance Gas company.

Indonesia’s Attorney General’s Office has made significant arrests in a corruption case involving state-owned energy firm PT Pertamina, with allegations of fraud costing the state approximately $12 billion. The investigation, …

Discover the top shipyards in the UAE, their innovations, sustainability, and global maritime contributions.

NNPC, Stena Bulk, and Caverton Marine have launched a joint venture to modernize Nigeria’s maritime transportation, focusing on crude oil, refined products, and LNG shipping.

Australia faces growing security concerns as Chinese warships conduct military exercises in the Tasman Sea, prompting calls for enhanced maritime capabilities.

Explore Korean Shipyards’ 2025 innovations, from AI to green tech, driving global growth and sustainability.

The UK is set to lead in maritime nuclear power, leveraging advanced small reactors to decarbonize shipping and create economic opportunities.