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.
- Daily News
South Korean Shipbuilders Set to Benefit from Potential US Restrictions on Chinese Vessels
2 minutes readThe 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 …
- Daily News
Navigating the Storm: The Role of Parametric Insurance in Offshore Maritime Amid Climate Change
3 minutes readThe 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 …
- Daily News
US Navy Turns to Allies for Shipbuilding Solutions Amidst Growing Chinese Threat
3 minutes readThe 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.
- Daily News
New Report by Maritime Technologies Forum Aims to Revolutionize Ship Management Practices
3 minutes readThe 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.
- Daily News
ICTSI Unveils Ambitious $580 Million Investment Plan for Global Port Upgrades
2 minutes readInternational 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.
- Daily News
Trump’s New Charges on Chinese Ships Could Cost Container Operators Billions
3 minutes readTrump’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.
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.
- Daily NewsShipping Companies
CMA CGM Ambitious $20 Billion Investment Plan for U.S. Maritime Sector
3 minutes readCMA 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, …
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