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Global Shipping Market Reacts to Middle East Tensions: Freight Rates and Tanker Stocks Surge
5 minutes readIntroduction As geopolitical tensions escalate in the Middle East, particularly between Iran and Israel, the global shipping industry is once again in the spotlight. With fears mounting over a potential …
A ship collided with two other ships sailing near the Strait of Hormuz on Tuesday, shipping sources told Reuters, while the British maritime security company Ambrey earlier reported an incident off the …
Why Electrical Cars Caught Fire in RoRo Ferries and Car Carriers
17 minutes readFires involving electric cars on RoRo (Roll-on/Roll-off) ferries and car carriers have become a significant issue. These ships transport numerous vehicles, and when a fire ignites in an electric vehicle …
Rising Tensions in the Middle East: International Shipping on High Alert Amid Geopolitical Crisis
5 minutes readThe global maritime community is now on heightened alert due to escalating fears of military escalation between Iran and Israel. These tensions are fueling widespread concerns about regional stability in …
Turkey’s energy landscape is set for a significant boost with the arrival of the nation’s first Floating Production, Storage, and Offloading (FPSO) vessel, the Osman Gazi, in the Black Sea. …
In a bold move to reassert American maritime dominance, President Donald Trump has unveiled a sweeping initiative to build 250 ships domestically. The plan, part of a broader Maritime Action …
The maritime industry has achieved an unprecedented level of safety, reaching its highest historically recorded standards, according to the latest report by Allianz. Despite the complex geopolitical environment, piracy threats, …
Shipyards
HD Hyundai is significantly expanding its shipbuilding operations in Vietnam through strategic acquisitions and substantial capacity investments. This move aims to bolster its competitive edge …
by Sanvee GuptaShanghai unveils an ambitious plan to transform Changxing Island into a global shipbuilding powerhouse by 2027, focusing on high-value vessels and technological breakthroughs.
by Sanvee Gupta
Shipping Companies
Top 10 Tanker Shipping Companies in 2025: Global Tanker Fleet Leaders
194 views 7 minutes readExplore the top 10 tanker shipping companies in 2025 by fleet size and specialization. Discover key players in crude and product tanker fleets, market trends, …
BC Ferries Orders Four New Vessels from China to Modernize Fleet
112 views 4 minutes readJune 2025 | Victoria, British Columbia — In a significant move to modernize its aging fleet and meet growing passenger demand, BC Ferries has announced the procurement of four …
Classification Societies
Comoros Flags Fraudulent Practices by EU-Sanctioned Ship Register
67 views 2 minutes readComoros accuses an EU-sanctioned ship register of fraudulent flagging practices, raising concerns about maritime security and sanctions evasion
by Sanvee GuptaMaritime Safety Report 2025: Machinery Damage and Ageing Fleets Drive Incident Surge
120 views 5 minutes readThe 2025 Maritime Safety Report by DNV has revealed a concerning trend. A 42% increase in maritime safety incidents between 2018 and 2024, despite only a modest 10% growth …
by Sanvee Gupta
Marine Engines
Decarbonization Drives Innovation in Maritime Propulsion
4 minutes readLearn how decarbonization requires innovations in Maritime Propulsion
by Sanvee GuptaRevolutionizing Maritime Power: MAN Energy Solutions Launches Most Powerful Methanol Engine
3 minutes readMAN Energy Solutions has announced the upcoming delivery of the world’s most powerful two-stroke methanol engine, which is set to revolutionize the maritime industry. This …