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Four fire incidents in oil and LPG tankers in Chittagong over two weeks

During a two-week period, fires broke out in a total of four oil and LPG-carrying ships in the Chittagong port area, killing four crew...

Decarbonization regulations pushing down average speed of global bulker fleet

Research by Veson Nautical: Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021,...

KEZAD Group launches new media company

KEZAD Group, a subsidiary of AD Ports Group and the UAE's largest operator of integrated economic zones, has announced the launch of a new...

Jan De Nul Group launches dredging operations at Port Hedland

Jan De Nul Group is reinforcing its long-standing presence in Port Hedland, where its dredging vessel, J.F.J. De Nul, has begun capital dredging and...

Two bodies recovered from fire-hit oil tanker in Chittagong

The bodies of at least two seafarers have been recovered from an oil tanker in Chittagong port after the fire that broke out today...

COSCO SHIPPING unveils two vessels for QatarEnergy’s Gas Expansion Project

On 10 September, a naming ceremony took place on Changxing Island, Shanghai, for two vessels – Rex Tillerson and Umm Ghuwailina – both part...

Grimaldi Group acquires majority stake in Greek port

The Grimaldi Group has completed the acquisition of 67% of Heraklion Port Authority S.A. (HPA S.A.) through the Holding of Heraklion Port S.A., a...

Strong dry bulk market fuels 42% drop in ship recycling

So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling...

Drydocks World orders new Floating Sheerleg Crane from ZPMC

DP World-owned Drydocks World has signed a contract with Shanghai Zhenhua Heavy Industries (ZPMC) to acquire a next-generation 5,000-tonne Floating Sheerleg Crane, designed to...

Chinese seaborne dry bulk imports up 6% despite economic challenges

So far in 2024, China has increased its inventories of iron ore, coal and grains, which has been a positive demand driver. Iron ore inventories...

First electric boat successfully crosses Baltic Sea

A group of Swedes set a world record by driving a hydrofoiling Candela C-8 between Stockholm and the Finnish autonomous region of Åland, marking...

PD Ports invests US$1.3 million in new bulk tipper trucks

A US$1.3 million investment in five specialist bulk tipper trucks has bolstered PD Ports' services for customers importing grain and powder products through Teesport. The...

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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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