News
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Shipping Faces $100 Billion Carbon Cost by 2030
Carbon pricing in the maritime industry is quickly evolving from a theoretical concept to a substantial financial burden. By 2025,…
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XT Shipping Revives Newbuilding Ventures with Two New Containerships
Israel’s XT Shipping has made a significant return to the newbuilding market by contracting two advanced containerships in China. The…
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Minerva Dry Expands Fleet with Major Container Order
Minerva Dry, a Greek shipping company, is making significant strides in the container shipping sector by ordering a series of…
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Solstad Maritime Secures $50M in New Contracts
Norwegian offshore vessel owner Solstad Maritime has successfully secured a series of lucrative contracts, enhancing its fleet’s operational capacity. These…
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Pilots, Tugs Prevent Grounding of Fully Laden Ore Carrier in Australia’s Port Hedland
A recent interim report from the Australian Transport Safety Bureau (ATSB) reveals how quick thinking by pilots and tug crews…
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Freight to Dodge Worst of US Port Fees Thanks to Workarounds
Starting October 14, the United States will impose significant fees on large Chinese vessels docking at its ports, a move…
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Limassol shipping firm secures ABS approval for hatch cover design
Lemissoler Corporate Management Ltd. has achieved a significant milestone by receiving Approval in Principle (AiP) from the American Bureau of…
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Navy Welcomes New Virginia-Class Submarine
BREMERTON, Wash. — The U.S. Navy has officially commissioned the USS Iowa, a Virginia-class attack submarine, marking a significant milestone…
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Australia Reports on Bulker’s Engine Shut Down in Busy Port Hedland
The Australian Transport Safety Bureau (ATSB) has released an interim report detailing a critical incident involving the bulk carrier FMG…
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Maersk Cancels Seatrium Contract Amid Delays
Maersk Offshore Wind has officially terminated its contract with Seatrium, citing significant delays and construction issues as the primary reasons.…
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