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Maritime Market Insights and the latest Freight rates by Baltic Exchange
by Sanvee Gupta4 minutes readExplore the Baltic Exchange’s maritime market highlights for April 21-25, showcasing significant trends in Capesize, Panamax, Ultramax, and Handysize segments.
Damen Shipbuilder Under Investigation for Corruption and Sanctions Violations
by Sanvee Gupta4 minutes readDamen Shipyards is facing serious legal challenges as Dutch prosecutors charge the company with violating EU sanctions against Russia and corruption. The company denies the allegations and plans to contest the charges.
BYD Unveils World’s Largest Car Carrier to Enhance EV Export Capacity
by Sanvee Gupta4 minutes readChinese electric vehicle (EV) manufacturer BYD has officially taken delivery of the BYD Shenzhen, the world’s largest car carrier, designed to transport up to 9,200 vehicles. This strategic move aims …
A recent inquiry into the sinking of the HMNZS Manawanui reveals training deficiencies and autopilot confusion as key factors in the disaster.
NYK has finalized a contract for its first methanol-powered VLCC, marking a significant step towards sustainable shipping. The vessel, set for delivery in 2028, will reduce greenhouse gas emissions and enhance energy efficiency.
Windcoop has placed an order for the world’s first sail-powered containership, aiming to reduce carbon emissions and enhance cargo transport efficiency between France and Madagascar.
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
191 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
119 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 …