Shipping Industry Leaders Unite to Combat Rising Seafarer Kidnappings and Criminalization
The heads of major shipping organizations convened in Athens this week to address the escalating crisis of seafarer safety and rights, with a particular focus
The heads of major shipping organizations convened in Athens this week to address the escalating crisis of seafarer safety and rights, with a particular focus
Ship transits through the Panama Canal remain significantly lower than historical averages, with capacity down 10% between September 2024 and January 2025
New crude oil tanker deliveries hit a 36-year low in 2024, with only 17 new vessels joining the global fleet, representing a capacity of 2.5 million deadweight
The product tanker sector is bracing for a monumental surge in fleet capacity, with newbuild deliveries projected to reach 12 million deadweight tonnes (DWT)
The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime
BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound
Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s
The global container shipping industry is experiencing a significant surge in fleet expansion, according to recent data from BIMCO. Despite initial signs of a
Product tanker contracting so far in 2024 has reached an 18-year high, marking a 17% increase compared to the previous year, according to BIMCO. The world’s
India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This
The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of
Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and
A group of prominent shipping associations have released revised security guidance for navigating the Southern Red Sea and Gulf of Aden in response to a series
The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,
The shipping industry is turning its attention to green and blue alternatives in order to meet the International Maritime Organization’s (IMO) targets
by Captain John Konrad (gCaptain Editorial) Amid escalating tensions in the Red Sea, marked by attacks on Israeli and European-owned vessels, and ongoing war
Contracting of product tanker newbuilds has hit a 10-year high this year, but recycling of older ships and the impact of decarbonization regulations are likely
The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product
The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000
As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations. According to the world’s largest shipping association, BIMCO,
Join the 108,976 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 108,976 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up