Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that a ship was approached by armed pirates off the coast of Yemen, highlighting a resurgence of Somali piracy in the Gulf of Aden. This incident underscores growing security concerns in the region.
Splash247
Belgian gas shipowner Exmar has taken delivery of the world's first oceangoing vessel powered by a dual-fuel ammonia engine, as reported by Splash247. The vessel, named Antwerpen, was constructed by South Korea's HD Hyundai Heavy Industries.
Splash247
The International Chamber of Shipping (ICS) has endorsed onboard carbon capture and storage (OCCS) as a viable short-term strategy for reducing vessel emissions, according to a report from Splash247. This support comes as the maritime industry anticipates the broader availability of alternative fuels.
Splash247
Mitsui OSK Lines (MOL) is collaborating with Japan Airlines (JAL), Lloyd's Register, and US developer Regent to develop a vessel that travels just above the sea at aircraft-like speeds, as reported by Splash247. The partnership aims to establish certification and approval processes for Regent's innovative design.
Splash247
A major investigation by the Organized Crime and Corruption Reporting Project (OCCRP) and European media partners has revealed that dozens of Russian men with military and security backgrounds are being deployed aboard tankers carrying sanctioned Russian oil. This discovery supports previous reports by Splash247 over the past year.
Seatrade Maritime
MSC now controls over one-fifth of the global container shipping market, setting a new record for the Geneva-based company, as reported by Seatrade Maritime. Meanwhile, Maersk has seen its market share drop to a 20-year low.
Splash247
Hrvoje Mihovilović, founder and CEO of ELNAV.AI, emphasizes the role of artificial intelligence in enhancing existing shipping operations rather than pursuing autonomous vessels, as reported by Splash247. He argues that AI's value lies in providing practical assistance on the bridge.
Splash247
Mediterranean Shipping Company (MSC) has set a new record for market share in the container shipping industry, reaching 21.5% of global capacity in May, as reported by Splash247. This milestone surpasses the previous high of 19.3% held by Maersk, according to Alphaliner data.
Seatrade Maritime
The ongoing conflict in the Middle East is causing significant shifts in oil market dynamics, with the tanker market beginning to stabilize, as reported by Seatrade Maritime. The closure of the Strait of Hormuz is a key factor influencing these changes.
Seatrade Maritime
Seatrade Maritime reports that Liberia has become the first ship registry to surpass a fleet size of 300 million gross tons, marking a significant milestone in its growth. This achievement underscores Liberia's position as the world's largest ship registry.
