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.

South Korea to Invest $150B in Boosting U.S. Shipbuilding

Carbon Emissions Improve in Shipping Despite Red Sea Crisis

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.

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.

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).

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.

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

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.

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

CMA CGM and TotalEnergies Launch LNG JV in Rotterdam

CMA CGM has partnered with energy company TotalEnergies to establish a joint venture for LNG bunkering operations at the Port of Rotterdam.

GLBP and Loa Carbon Partner to Supply Renewable E-LNG

BIMCO Adopts New Clause for USTR-Linked Shipping Risks

Documentary Committee of BIMCO introduces contract clause to tackle legal uncertainties stemming from the U.S. Trade Representative’s recent plans

MOL Unifies Ship Management Under One Brand and Base

MOL is taking a step toward operational efficiency by uniting its ship management operations under one umbrella, both in branding and location.

Malta Frees Two Sanctioned Ships After Ownership Change

Two container ships detained in Malta since 2022 due to ties with sanctioned Russian interests have been released following a change in ownership