News Flash
Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard
The Maritime and Port Authority of Singapore (MPA) was alerted at about 1:30pm on 14 April 2025 that a moored...
Read More
Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606
Damen Shipyards Group has signed a contract with Istanbul-based Arena Offshore A.S. for the local construction of two Stan Tugs...
Read More
DataMondial launches new AI-driven service for processing ocean freight rates
DataMondial, a leading player in the world of data and document processing, proudly announces the launch of its latest innovative...
Read More
Italian tycoon emerges as lead investor for CK Hutchison ports
Italian billionaire Gianluigi Aponte’s family-run business is emerging as the lead investor of a group seeking to buy 43 ports...
Read More
Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE
Japan’s crude imports have been on a decline from 2022 to 2024. This was due to a confluence of factors...
Read More
Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service,...
Read More
ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers
The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some hard-fought achievements for...
Read More
Supply chain fraud – the dangers of granting extended credit
Fraudulent strategies can prove extremely profitable to the international criminal fraternity and the global supply chain is typically low risk...
Read More
South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China
U.S. President Donald Trump signed an executive order on April 9 (local time) to sanction Chinese cranes dominating U.S. ports....
Read More
Iran: Nearly 235m tons of cargo handled at ports in a year
Iran’s ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025, according to...
Read More
Gateway Terminals India signs MoU launching Skill Development Programme
Gateway Terminals India (GTI) – also known as APM Terminals Mumbai – has signed a Memorandum of Understanding to Launch...
Read More
Seawork launches a new membership for commercial marine professionals
Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork Membership, designed to give maritime professionals a...
Read More
Why Genco’s CEO Is Considering Pulling Out of U.S. Ports
John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t keep up with the United States...
Read More
Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships
Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd’s Register (LR) to develop nuclear power generation...
Read More
Container Freight Volatility Rises Amid Trade Disruptions
The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest report...
Read More
Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations
Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new...
Read More
Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization
Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s...
Read More
US-China tariff hikes affect Polish container terminal sale
When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-based Hutchison Ports in 2005...
Read More
Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours
As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic...
Read More
Tankers: VLCC Market Keeps Trending Downwards
Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a...
Read More
Recent News
Congress passes sanctions, tariff bill targeting buyers of Russian energy.
Iran, Oman close to agreement on shipping corridor in Strait of Hormuz.
Baltic Dry Index Up for 2nd Day.
International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation.
The Week in Alt Fuels: From promises to timelines.