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The top performing flag states of 2025 are expected to prioritize safety, sustainability, and efficient operations, and they implement strong regulations.
Bahri’s profits decline amidst significant fleet expansion efforts, impacting short-term financial performance while aiming for long-term market leadership.
In a significant move aimed at enhancing maritime safety and environmental standards, Panama has announced that it will no longer register tankers and bulk carriers that are over 15 years old. This decision, effective immediately, is part of the country’s broader strategy to modernize its fleet and reduce the risks associated with older vessels.
Dali Owner Sues Shipbuilder Hyundai Over Alleged Defect Linked to Baltimore Bridge Collapse
by Sanvee Gupta2 minutes readDali owner sues Hyundai Heavy Industries over alleged manufacturing defect in Baltimore bridge collapse, adding a new dimension to the ongoing investigations.
Passenger Ferry KMP Tunu Pratama Jaya Sinks Near Bali in Indonesia, 30 People Missing
3 minutes readOn July 2, 2025, the passenger ferry KMP Tunu Pratama Jaya sank near Bali, Indonesia, with 65 people onboard. 31 have been rescued, 30 remain missing. Search and rescue operations are ongoing.
HMM announces a €150 million expansion of its Algeciras Container Terminal in Spain, aiming to boost capacity to 2.8 million TEU and solidify its role as a key Mediterranean transshipment hub.
Eastern Shipbuilding Wins Contract to Build Hybrid-Electric Ferries for WSF: A New Era for Sustainable Transportation
15 minutes readEastern Shipbuilding wins contract to build hybrid-electric ferries for WSF, marking a new era for sustainable transportation.
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 …