📈 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 …
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 …
Two Floating Production Storage and Offloading (FPSO) units, built by Singapore’s SeaTium Offshore, have received classification from the American Bureau of Shipping (ABS). These FPSOs are designed to operate off …
Japan’s NYK Line Expands with Eneos Ocean Subsidiary Acquisition Japan’s maritime giant, NYK Line, is set to further solidify its position in the energy shipping industry. In a strategic move, …
AMSA has recently published Marine Notice 03/2024 on the “Testing and Inspection of Oil Filtering Equipment Approved to Meet Resolution MEPC.107(49).” This notice aims to inform ship operators and recognized …
The Wind Challenger Project by MOL aims to revolutionize energy savings in maritime transport through the utilization of advanced wind propulsion technologies. Specifically designed for large merchant vessels, this initiative …
Table of Contents Toggle Panama’s Bold Move to Secure the Future of the Panama CanalThe Challenge of Water SupplyThe Innovative Solution: Indio River ReservoirLegal and Administrative DevelopmentsImpact on Global TradeConclusion …
Navigating Towards a Greener Future: The Impact of FuelEU Maritime As the world grapples with the urgent need to combat climate change, the European Union (EU) is steering its maritime …
In a groundbreaking development, RINA has granted Approval in Principle to SDARI as the ship designer for an innovative aframax tanker. This vessel is the result of a joint development …
Heading Title Columbia Group has partnered with Crowley to form a strategic cooperation agreement aimed at elevating their ship management solutions. This collaboration capitalizes on the expertise of both organizations …
Heading Title China’s Hengli Group announced a significant investment of yuan (CNY) 9.2 billion ($1.3 billion) into its shipbuilding business in Dalian, Liaoning province. The investment, made by its subsidiary …
Navigating the Future: The Power of Nuclear Propulsion in Ships By MaritimeHub Editors In an age where sustainability and efficiency are at the forefront of technological advancements, nuclear propulsion has …
Last month, the Korean shipbuilding industry’s share of ship orders fell sharply amid the rapid progress of its rival China. According to Clarkson Research, a British shipbuilding and shipping market …
Shipping giant Angelicoussis Group, famed for its impressive fleet of 141 ships operating under Maran Gas, Maran Tankers, and Maran Dry brands, is embarking on what is being hailed as …
In a significant turn of events for the shipping industry, box rates – the cost to transport containers by sea – have surged to four times their pre-pandemic levels. This …
The Oil Companies International Marine Forum (OCIMF) has officially announced that its updated Ship Inspection Report Program (SIRE 2.0) will become fully operational and the standard tanker inspection tool starting …
In recent years, the steel industry has been undergoing a powerful transformation towards sustainability with the emergence of Green Steel. Green Steel, also known as eco-friendly steel, is produced using …
Singaporean shipbuilder Strategic Marine has received an order from Louis Dreyfus Armateurs for two more crew transfer vessels (CTVs), bringing their fleet up to seven high-specification vessels. These 27-meter CTVs, …
The Rise to Global Shipping Dominance and Diversification Gianluigi Aponte, the visionary founder of Mediterranean Shipping Co (MSC), has propelled the company to unprecedented heights, solidifying its position as a …
Maersk and Hapag-Lloyd Unveil “Gemini Cooperation” for Enhanced Ocean Network Operations Hapag-Lloyd AG and Maersk A/S, an A.P. Maersk subsidiary, recently inked a pioneering agreement to establish a new long-term …
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