Singapore has achieved a remarkable milestone in 2024 by breaking its previous records in bunker fuel sales, solidifying its position as the world’s largest bunkering hub. The Maritime and Port …
Looking ahead to 2025, the dry bulk shipping market is set to undergo significant changes. With advancements in technology, stricter environmental regulations, and fluctuating economic factors, the industry is in …
Singapore has achieved a significant milestone in its journey towards sustainable energy by supplying renewable diesel for the first time. This event marks a pivotal step in the nation’s commitment …
- Daily News
Bureau Veritas and SGS: A Potential Merger to Create a Certification Powerhouse
4 minutes readBureau Veritas, a French company specializing in testing and certification services, is in advanced talks to merge with its Swiss rival SGS, potentially creating a €32 billion ($33 billion) giant …
- Daily News
Record-Breaking Year for Global Shipbuilding: 2024 Sees Largest Order Intake in 17 Years
3 minutes readThe global shipbuilding industry achieved its largest order intake in 17 years in 2024, with significant growth across various segments, particularly in container ships, gas carriers, and tankers.
PSA Singapore has achieved a remarkable milestone by handling over 40 million twenty-foot equivalent units (TEU) in annual throughput for 2024. This achievement surpasses the previous record of 38.8 million …
The U.S. and U.K. have imposed sweeping sanctions on over 180 Russian tankers, targeting the shadow fleet to disrupt oil revenues funding the war in Ukraine.
ADNOC Logistics and Services has successfully completed its acquisition of an 80% stake in Navig8 TopCo Holdings for $1.04 billion (AED3.8 billion). This strategic move is set to enhance ADNOC …
- Daily News
Revolutionizing Shipping: Wärtsilä Unveils Propulsion Package for Largest Methanol-Ready Cement Carrier
3 minutes readWärtsilä has launched a new propulsion package for the world’s largest methanol-ready cement carrier. This solution aims to improve the efficiency and sustainability of cement transport, supporting global efforts to …
South Korea’s Hanwha Group has entered the U.S. shipbuilding industry by buying Philly Shipyard for $100 million.
Akselos and the American Bureau of Shipping (ABS) have signed a Memorandum of Understanding (MoU) aimed at enhancing engineering and certification processes for floating offshore wind projects.
- Daily News
Egypt’s New Suez Canal Extension: A Strategic Move to Boost Maritime Capacity
3 minutes readEgypt has successfully tested a new 10-kilometer (6.2-mile) extension of the Suez Canal, aimed at enhancing navigational safety and increasing the waterway’s capacity. This development comes in response to challenges …
Japan and China have overtaken Greece in shipping dominance, leading in fleet size and asset values, marking a significant shift in the global maritime industry.
In a significant escalation of economic pressure, the United States and its allies have intensified sanctions targeting Russian Dark Fleet. This fleet has been instrumental in circumventing international sanctions on …
Estonia’s Maritime Revolution streamlined its maritime registration process in a remarkable demonstration of efficiency, allowing a cargo ship to switch from the Gibraltar flag to the Estonian flag in just …
Donald Trump has revived talks about U.S. control of the Panama Canal and Greenland acquistion.
- Classification SocietiesDaily News
Classification Societies Challenges and Opportunities in 2025
12 minutes readExplore 2025’s challenges and opportunities for Classification Societies in tech, sustainability, and safety.
INTERCARGO supports RightShip’s new inspection timeline, boosting maritime safety and global shipping standards.
Explore ammonia’s pivotal role in 2025’s marine fuel shift, innovations, safety, and economic impacts.
As 2024 draws to a close, the maritime industry has witnessed a series of pivotal events that have shaped global shipping dynamics. From geopolitical tensions affecting trade routes to significant …
The FuelEU Maritime Regulation, effective January 1, 2025, aims to reduce greenhouse gas emissions in the shipping industry, impacting operations and compliance requirements.
- Daily News
Subsea Sabotage: A Timeline of Disturbing Events in the Baltic Sea
by Sanvee Gupta2 minutes readExplore the timeline of subsea sabotage events in the Baltic Sea, highlighting incidents that have raised security concerns among nations in the region.
- Daily News
Surge in Alternative Fuels Investments as Shipping Emissions Soar
by Sanvee Gupta4 minutes readSurge in Alternative Fuels Investments as Shipping Emissions Soar
Explore carbon capture systems on ships, their technology, challenges, and future prospects in maritime decarbonization.
Oil Spill in Black Sea – Russia Declares Emergency
- Daily NewsMarine Engines
Yanmar Completes Successful Trial of Hydrogen 4-Stroke High-Speed Engine
by Sanvee Gupta3 minutes readYanmar Power Technology has made significant strides in the maritime industry by successfully completing a land-based demonstration test of its hydrogen 4-stroke high-speed engine. This innovative engine, designed for power …
Energy Transition in Maritime Industry.
Seafarer Shortage, lack of skilled workforce
- Daily NewsShipping Companies
10 Largest Shipping Companies in the world: Navigating Global Trade
10 minutes readThe shipping industry is a vital element of the global economy, responsible for transporting over 90% of the world’s goods by volume.
- Classification SocietiesDaily News
Nuclear Power for LNG Carriers: ABS Explores a Transformative Technology
4 minutes readNuclear Power for LNG Carriers: ABS Explores a Transformative Technology The maritime industry faces an unprecedented challenge: achieving net-zero emissions by 2050. While alternative fuels and energy-efficiency measures are crucial, …
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