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From gcaptain.com
Despite reaching record-low vessel losses in 2024, the maritime industry faces mounting challenges from geopolitical tensions and an expanding shadow fleet, according to Allianz Commercial’s latest Safety and Shippin
Allianz Reports
Wärtsilä will supply a conversion package featuring its Fit4Power radical derating solution for the containership ‘ONE Maestro’.
HHLA has announced it is acquiring a 60 per cent stake in Eurobridge Intermodal Terminal LLC in Batiovo, western Ukraine.
The activist group calling itself the Freedom Flotilla Coalition continues to make its way across the Mediterranean heading towards Gaza although it had a brief scare on Tuesday night.
From www.bbc.com
Trump doubles down on his tariffs, while sparing the UK from the latest duties.
From timesofoman.com
The pavilion is designed to showcase the country's maritime strengths
Saudi Arabia is set to reduce its July crude oil prices for Asia to a six-month low, mirroring declines in benchmark prices due to an uptick in supply from OPEC+.
The head of the International Atomic Energy Agency, Rafael Mariano Grossi, met with Greek shipowners on Thursday to discuss the potential use of nuclear power in future global goods transportation.
From gcaptain.com
The Government of Panama has issued a strong rebuttal to accusations made by United Against Nuclear Iran (UANI) regarding its role in enforcing sanctions against Iran’s oil trade.
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth straight session on Tuesday on firmer rates for capesize and panamax vessel segments.
The rise of India’s steel sector is touted as a boost for iron ore miners seeking to find new markets as China’s output eases, but the reality is likely to fall short of the hype.
India has finalized a new round of international partnerships aimed at strengthening its shipbuilding sector and the launch of its first domestic polar research vessel.
Structural changes in global trading patterns mean that the sharp shifts in container shipping markets seen in recent times are set to continue.
Lloyd’s Register (LR) has awarded its first Recognised Enhanced Antifouling Type Approval, the class society’s highest level of antifouling coatings certification, to Jotun’s SeaQuantum Skate. The type approval also covers Jotun’s Hullskater robotic cleaner, certifying the integrated antifouling coating and hull cleaning system.
From splash247.com
South Korea’s new president Lee Jae-myung has outlined some plans to decentralise administration away from Seoul, including shifting national shipping line HMM’s headquarters from the capital to Busan, the country’s second city and leading port.
From splash247.com
UK-based shipowner Purus Marine has firmed up an order for a new LNG carrier at HD Hyundai Heavy Industries, adding to its growing gas carrier orderbook in South Korea.
From splash247.com
Greek shipowner OceanPal has struck a deal to sell its oldest bulk carrier.
From gcaptain.com
Maritime casualty incidents have increased dramatically over the past six years, with DNV’s latest report revealing a 42% rise between 2018 and 2024, far outpacing the modest 10% growth in the global fleet during the same period.
From gcaptain.com
During the pandemic, as many as 100 giant container ships would idle off the Southern California coast, belching pollutants as they waited for a berth to unload cargo at the twin ports of Los Angeles and Long Beach.
The shipping industry is rushing to build new capacity in Vietnam as the country works to expand its role as a manufacturing base competing with China.
The global maritime industry faces a range of challenges highlighted by global trade uncertainties, geopolitical threats, and the always-evolving complex web of environmental and governmental regulations.
Australia has announced that it will extend its Pacific Maritime Security Program for the first time sending a patrol boat to an Indian Ocean nation. Australia has previously given patrol boats to 16 Pacific Ocean nations.
One of the biggest challenges facing European shipowners is the end-of-life resolution for ships.
The National Transportation Safety Board is continuing its investigation and release of data from the 2024 incident in which the containership Dali destroyed Baltimore’s Francis Scott Key Bridge.
Nor-Shipping, in partnership with YoungShip International, has crowned Alisha Fredriksson, CEO and Co-Founder of pioneering carbon capture company Seabound, winner of the Nor-Shipping 2025 Young Entrepreneur Award.
From splash247.com
Former US secretary of state John Kerry delivered a message of climate leadership during a high-profile panel at Nor-Shipping yesterday, sharing the stage with Andrew Forrest, chairman of Fortescue Metals Group, and Andreas Enger, CEO of Höegh Autoliners.
