Image credit: SOMKIET POOMSIRIPAIBOON / Shutterstock. Panama’s Maritime Authority (PMA) has taken decisive action to revoke the registrations of six Panamanian-flagged vessels that were recently added to the UK’s sanctions […]
Panama Revokes Registrations in Response to UK’s Crackdown Read More »
Image credit: Norsepower. Wind-assisted propulsion is gaining significant traction in the gas carrier industry. Two notable projects are leading the way in this sustainable maritime revolution. Norsepower and IINO LINES
Wind Propulsion: A Rising Tide in Maritime Industry Read More »
Image credit: The Maritime Executive. Hapag-Lloyd has placed a significant order for 24 new container ships from Chinese shipyards. This $4 billion investment will bolster the company’s fleet and enhance
Hapag-Lloyd Orders 24 LNG-Powered Ships From Chinese Yards Read More »
Image credit: Passakorn Umpornmaha/Shutterstock InterMaritime Shipmanagement has been formed through the merger of Intership Navigation and Interorient Shipmanagement. This new company brings together over eight decades of experience in ship
Cyprus Shipping Giants Join Forces to Create InterMaritime Read More »
Image credit: Photo courtesy IMO International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has recently completed a diplomatic tour of Red Sea countries to address the escalating crisis caused by Houthi
IMO Warns of Global Shipping Disruptions Due to Houthi Attacks Read More »
Image credit: Igor Grochev / Shutterstock. Liquefied natural gas (LNG) shipping rates have plummeted to multi-year lows due to a combination of factors, including oversupply and weak demand. A surge
Overcapacity and Weak Demand Drive Down LNG Shipping Rates Read More »
Image credit: HGK Shipping. HGK Shipping, a leading European short-sea shipping company, has expanded its fleet with the AMADEUS SAFFIER. This new, eco-friendly bulk carrier is designed to improve efficiency
Image credit: Courtesy of Rosatomflot. Russia is making a significant investment in its Arctic ambitions. The country has allocated nearly $1 billion over three years to complete the construction of
Russia Allocates $1 Billion for Powerful Nuclear Icebreaker Read More »
Image credit: Jiangxi New Jiangzhou Shipbuilding Heavy Industry. Singapore-based Om Maritime has placed an order for two eco-friendly chemical tankers from Jiangxi New Jiangzhou Shipbuilding Heavy Industry. These 13,800-dwt stainless
Om Maritime Expands Fleet with 13,800 dwt Eco-Tankers Read More »
Image credit: The Maritime Executive. Wuhan Innovation Jianghai Transportation has ordered 16 methanol-powered bulk carriers from Jiangsu Qinfeng Shipbuilding. These vessels will be powered by domestically designed methanol-only engines, marking
Chinese Firm Places Large Methanol Bulk Carrier Order Read More »
