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Wed, Jun

Suspected Pirates Take Control of Ship Off Somalia

Suspected pirates have boarded a St. Kitts and Nevis-flagged general cargo vessel off Somalia's waters and were sailing it towards the Somali coastline, British maritime security groups Vanguard and Ambrey said.Somali pirates
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Hanwha Ocean Flags Rising Uncertainty Over Ship Demand

South Korean shipbuilder Hanwha Ocean said in its first-quarter earnings presentation on Monday that uncertainty is rising over demand for commercial vessels due to the ongoing conflict in the Middle East.The market
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LNG Tanker Orders Pick Up Despite Shipping Uncertainty

Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and
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Saronic to Collaborate with Korea on ASVs

Saronic Technologies has entered into a Memorandum of Understanding (MoU) with Taiwan’s National Chung-Shan Institute of Science and Technology (NCSIST) to explore collaboration on advancing AI-enabled maritime capabilities, including autonomous surface vessels
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Green Shipping Service Launched in Singapore

Pacific International Lines (PIL) and PSA International (PSA), supported by DNV, have launched Singapore’s first joint land-sea green value-added service for cargo transhipped through the Port of Singapore.The new service enables participating…
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IMO: No Safe Passage Through Strait of Hormuz

IMO Secretary-General Arsenio Dominguez has called on all member states to support efforts to address the situation in the Strait of Hormuz, where around 20,000 seafarers remain trapped and unable to leave.In
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Massachusetts Maritime Academy Professors Honored at IACBE Conference

Massachusetts Maritime Academy, a public university with undergraduate degree programs focusing on science, engineering, technology, math, and business that blend academics and experiential learning is proud to announce that International Maritime…
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Oil Prices Unstable Ahead of Uncertain US-Iran Peace Talks

Oil prices zig-zagged between negative and positive territory on Friday as traders weighed supply disruptions against the potential restart of peace talks between the U.S. and Iran that could help limit those
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EU Continues to Push for Shipping Carbon Levy

European Union countries agreed on Friday to keep pushing for a global price on shipping's CO2 emissions in U.N. talks next week, setting up another potential clash with the United States over
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