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According to the 2024/2025 Flag State Performance Table published by the International Chamber of Shipping (ICS), the top-performing flag states across all Port State Control (PSC) regimes worldwide, based on …
Spain Extends Shipbuilding Incentives to Boost Maritime Innovation and Sustainability
3 minutes readJune 2025 | Madrid, Spain — The Spanish government has announced a significant extension of its national shipbuilding incentive program, aiming to strengthen the country’s maritime sector, stimulate innovation, and accelerate …
June 2025 | Hamburg, Germany — Global shipping giant Hapag-Lloyd has officially taken delivery of the Wilhelmshaven Express, the final vessel in its groundbreaking series of LNG-powered ultra-large container ships (ULCS). This marks a major …
June 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 new large ferries from China Merchants Industry …
The U.S. shipbuilding industry stands at a pivotal crossroads. Once a global leader, it faces mounting challenges—from labor shortages and aging infrastructure to rising geopolitical demands. As the world’s maritime …
Explore the green transformation of the global shipbuilding market as it embraces sustainability and innovation to meet climate goals.
Signs of Fatigue Emerge in Shipbuilding Market: A Turning Point After Years of Growth
3 minutes readThe shipping industry is gradually showing signs of fatigue, with shipbrokers highlighting a slowdown following three years of robust ordering activity and substantial investment. Current data reflect a decline in …
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
114 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
68 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
121 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 …