Featured News
The EU ETS carbon trading scheme poses serious challenges for small shipping companies. Discover how compliance costs, limited resources, and regulatory complexity may push smaller players to the margins of the maritime industry.
The CEO of Penn America Energy Holdings, Franc James, recently met with White House officials to discuss the company’s long-standing proposal to construct a liquefied natural gas (LNG) terminal near …
WELLINGTON, New Zealand – June 6, 2025 — New Zealand maritime authorities are calling for a nationwide ban on substandard vessels following the release of a damning investigation into the 2023 …
A US court has ruled against President Trump’s sweeping tariffs, deeming many of them unlawful. This decision has sent ripples through global markets, initially sparking a rally in Asia, though …
The Suez Canal Authority announces a 15% discount on transit fees for containerships to attract shipping traffic back to the Red Sea amid improved security conditions.
The IMO’s new framework for ship efficiency has raised concerns within the maritime industry, highlighting potential inefficiencies and the need for collaborative implementation.
Senegal has officially received its first liquefied natural gas (LNG) cargo for its floating storage and regasification unit (FSRU), marking a significant transition in the country’s energy landscape. This milestone …
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 …
Shanghai unveils an ambitious plan to transform Changxing Island into a global shipbuilding powerhouse by 2027, focusing on high-value vessels and technological breakthroughs.
Shipping Companies
Explore the top 10 tanker shipping companies in 2025 by fleet size and specialization. Discover key players in crude and product tanker fleets, market trends, …
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 …
Classification Societies
Comoros accuses an EU-sanctioned ship register of fraudulent flagging practices, raising concerns about maritime security and sanctions evasion
The 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 …
Marine Engines
Learn how decarbonization requires innovations in Maritime Propulsion
MAN 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 …
