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The U.S. has withdrawn from international carbon talks on shipping, urging other nations to reconsider their support for proposed emissions measures, amid ongoing discussions at the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