Ship Attack Off Oman Derails IMO’s Hormuz Evacuation Effort
The International Maritime Organization has suspended its coordinated evacuation of ships stranded in the Persian Gulf after a merchant vessel... Continue Reading
IMO Adopts MASS Code: The Autonomous Ship Moves from Drawing Board to Regulated Reality
The maritime industry has spent the better part of a decade debating whether autonomous ships represent genuine commercial progress or elaborately funded... Continue Reading
WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers
Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going bulk carriers, marking another... Continue Reading
CK Hutchison Launches Arbitration Against Maersk Over Panama Canal Port Dispute
Hong Kong conglomerate CK Hutchison has launched arbitration proceedings against Danish shipping group A.P. Moller-Maersk over the takeover of key... Continue Reading
Panama Canal Sees LNG Surge as Hormuz Disruption Reshapes Global Trade
LNG bookings average one per day as Canal positions itself as key alternative for disrupted Middle East energy flows By... Continue Reading
Container Shipping Rates Rise as Asian Factories Reopen—But Hormuz Crisis Threatens New Shock
Global container shipping rates edged higher this week as Asian export activity begins to rebound following the Lunar New Year holiday,... Continue Reading
Wind Propulsion Gains Regulatory Momentum at IMO
The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that targets 2029... Continue Reading
Container Rates Slide for Fourth Week as Pre-Lunar New Year Surge Fizzles
Global container shipping rates fell for a fourth straight week, sliding 7% to $1,959 per 40-foot container as carriers face unexpectedly soft... Continue Reading
MSC Chief Doubles Down on Arctic Shipping Ban as Chinese Operators Chart Record Growth
MSC Mediterranean Shipping Company CEO Soren Toft has reaffirmed the world’s largest container carrier’s refusal to use the Northern Sea Route, even... Continue Reading
Dual-Fuel Fleet Surges to 400 Ships as Alternative-Fuel Investment Defies Market Slowdown
Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships... Continue Reading