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Engine Fire Breaks Out on Dutch Barge Near Lelystad

A fire erupted on August 3 in the engine room of the inland cargo barge Triangle while it was navigating the Markermeer near Oostvaardersdijk.

Engine Fire Breaks Out on Dutch Barge Near Lelystad
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CBP to Enforce New Tariffs on China-Linked Vessels in 2025

The U.S. Customs and Border Protection has been tasked with administering a fee structure aimed at Chinese-owned, operated or constructed vessels

CBP to Enforce New Tariffs on China-Linked Vessels in 2025
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Container Market Faces Long-Term Oversupply Challenges

The container shipping industry is expected to wrestle with a prolonged supply-demand imbalance that may persist through the end of the decade.

Container Market Faces Long-Term Oversupply Challenges
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Evergreen Faces Back-to-Back Container Incidents in S. America

Evergreen Marine, Taiwan’s largest container shipping company, has experienced two major container losses in South American waters within a week.

Evergreen Faces Back-to-Back Container Incidents in S. America
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HD Hyundai Sued Over Key Bridge Collapse Switchboard Fault

Grace Ocean and Synergy Marine have filed a product liability lawsuit in the US District Court for the Eastern District of Pennsylvania.

HD Hyundai Sued Over Key Bridge Collapse Switchboard Fault
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Panama Tightens Registry Rules on Older Bulkers and Tankers

Panamanian Ship Registry introduces regulation that prohibits bulk carriers and oil tankers older than 15 years from registering under its flag.

Panama Tightens Registry Rules on Older Bulkers and Tankers
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South Korea to Invest $150B in Boosting U.S. Shipbuilding

South Korea commits to $150 billion investment aimed at revitalizing U.S. shipbuilding sector, as part of a $350 billion bilateral trade agreement

South Korea to Invest $150B in Boosting U.S. Shipbuilding
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Carbon Emissions Improve in Shipping Despite Red Sea Crisis

Container shipping records an improvement in carbon efficiency for the first time in over a year, despite ongoing challenges in the Red Sea region

Carbon Emissions Improve in Shipping Despite Red Sea Crisis
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Engine Room Fire Breaks Out on Pumba in Red Sea Transit

July 29th, a fire broke out in the engine room of the Pumba, a Liberia-flagged container vessel, while the ship was sailing through the Red Sea.

Engine Room Fire Breaks Out on Pumba in Red Sea Transit
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Ever Feat Arrives in Montevideo After Storm Damage at Sea

July 29th, the Ever Feat docked at the Port of Montevideo, Uruguay following severe weather encountered off the coast of Rio Grande, Brazil.

Ever Feat Arrives in Montevideo After Storm Damage at Sea
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First IRRC Issued Under Hong Kong Convention for Recycling

GMS, the world’s leading ship recycling buyer, has announced the issuance of the first-ever International Ready for Recycling Certificate (IRRC).

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Houthis Share Video of Eternity C Crew, Escalate Threats

On July 28, Yemen’s Houthi rebels announced they had rescued 10 crew members from the Eternity C, a cargo ship that sank earlier this month.

Houthis Share Video of Eternity C Crew, Escalate Threats
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Greece Sends Salvage Ship to Red Sea Amid Houthi Threats

In response to a rise in maritime assaults by Yemen’s Houthi militants, Greece deploys salvage vessel to Red Sea. after the sinking of two bulkers

Greece Sends Salvage Ship to Red Sea Amid Houthi Threats
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Cargo Ship MN Kostas Runs Aground Off Crete, Crew Safe

On July 24, the Sierra Leone-flagged cargo ship MN Kostas ran aground near Kyriamadi, along the northeastern shoreline of Crete, Greece.

Cargo Ship MN Kostas Runs Aground Off Crete, Crew Safe
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Dry Bulk Fleet Growth Slows Despite Surge in Deliveries

The global dry bulk fleet is growing at just half the pace seen during the 2010s even as deliveries are set to hit their highest level in six years

Dry Bulk Fleet Growth Slows Despite Surge in Deliveries