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HD Korea Shipbuilding posts record profit in 2025
HD Korea Shipbuilding & Offshore Engineering said Monday that it posted record revenue and operating profit in 2025, as high-value...
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CMA CGM Group, Marlink, and Eutelsat partner to deploy OneWeb LEO connectivity across CMA CGM’s global maritime fleet
CMA CGM Group, Marlink and Eutelsat have announced a partnership to deploy OneWeb LEO connectivity across CMA CGM’s global maritime...
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Hapag-Lloyd Says 2025 Transport volume up 8%, to 13.5 million TEU
On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025...
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MOL Joins 5-way Public-private Partnership in 1st Ship-to-ship Methanol Bunkering at Anchorage in Yokohama
Mitsui O.S.K. Lines, Ltd. announced that the company teamed up with the City of Yokohama, Kokuka Sangyo Co., Ltd., Idemitsu...
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EU-Owned Tankers Ship 35% of Russia’s Oil in January Ahead of EU Ban
EU-owned tankers shipped 35% of Russian oil in January, ahead of a planned “full maritime services ban” that will end...
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Mainstream oil supplies return to normalcy as surplus falls
In September 2025, the market was concerned about a potential oversupply of oil, as crude/condensate loadings surpassed April 2020 levels...
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Sino-US trade shift seen as a gradual rebalancing
Amid mounting challenges such as tariff barriers, technology restrictions and heightened geopolitical uncertainty, China-US trade is undergoing a gradual adjustment,...
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Latin American oil giants shrug off potential Venezuelan comeback; smaller players seize near-term upside
Argentina, Guyana and Brazil are poised to lead Latin American oil production growth in 2026, even though the possible return...
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Port of Rotterdam Authority and VOTOB take new step in combating tank storage spoofing
At the World Port Center, a cooperation agreement was signed between the Port of Rotterdam Authority and VOTOB (Association of...
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Samsung Heavy expands Qatar retrofit and aftermarket partnership at LNG 2026
Samsung Heavy Industries said on the 4th that it signed a business cooperation memorandum of understanding (MOU) with Qatar Shipyard...
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Panama will not be threatened by China over canal court ruling, leader says
Panamanian President José Raúl Mulino on Thursday said he hoped an ongoing legal battle with a Hong Kong firm over...
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US-Iran tensions stall Suez return, lift HMM outlook in South Korea
With global major carriers making diverging decisions on returning to the Suez Canal, expectations for the canal’s normalization are growing...
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Trends in Ship Finance
The ship finance industry continues to evolve in a manner previewed in years past by regulatory action and evolving lender...
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Maritime security in the northern Black Sea: Operational realities and emerging risks
The security situation in the northern Black Sea continues to evolve rapidly, with merchant vessels now facing a diverse range...
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Maritime Defense Weekly: Maritime Enforcement Accelerates Across Global Energy Routes Enforcement Is Expanding Beyond a Single Theater
Western maritime enforcement is no longer confined to designation, monitoring, or administrative friction. Recent activity indicates a growing reliance on...
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Shipping through protected waters on the High Seas: The Thermal Dome as a case study for future ocean governance
On 17 January 2026, we entered a new era for the preservation of biodiversity on the high seas as the...
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Hanwha Ocean Hits 1 Trillion Won Profit Milestone in Seven Years
Hanwha Ocean has reopened the era of 1 trillion won (approximately $689 million) in annual operating profit for the first...
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MOL Takes Delivery of LPG-powered Newbuilding LPG Carrier Energia Grandeur to Serve Total- Advancing Environmentally Friendly Fleet Development Under the ‘BLUE’ Series
Mitsi O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the delivery of the newbuilding LPG dual-fuel very...
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Evergreen Marine orders 16 container ships from CSSC unit
CSSC Huangpu Wenchong Shipbuilding signed a contract with Taiwan-based Evergreen Marine Corp on Wednesday to build sixteen 3,000-TEU container vessels...
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Adopting digitalisation and creating smart vessels are now financially viable and deliver rapid returns, says Columbia Group
The cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a financially viable and operationally compelling...
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Recent News
Oil markets entering era of persistent geopolitical risks – industry analyst
U.S. commercial crude oil inventories have decreased in June
Westport Moss Terminal has joined the Portchain Connect Network
The Port Authority responds to Advocates for the Future
Port of Hamburg Strengthens Partnership with China