Category: News
March 26, 2025
News
Lloyd’s Register Enhances Advisory Services to Address Changing Demands in the Maritime Industry
Lloyd’s Register (LR) is set to introduce its newly restructured LR Advisory service during Singapore Shipping Week this week. This…
March 26, 2025
News
Reports Indicate Possible Exclusion of Sector-Specific Tariffs by US on April 2, Situation Uncertain
Reports suggest that U.S. President Donald Trump may choose to exclude certain sector-specific tariffs during the reciprocal tariff announcement on…
March 26, 2025
News
Renewable Energy and Natural Gas Overtake Oil and Coal in Recent Growth Trends
The International Energy Agency (IEA) released its latest global review highlighting the positive trends across different energy sectors, with renewables…
March 26, 2025
News
Sources indicate OPEC+ plans to move forward with scheduled oil output increase in May.
OPEC+ is expected to proceed with its plan to increase oil output for the second consecutive month in May, according…
March 26, 2025
News
Iron Ore Prices Surge on China’s Strong Demand Despite Concerns Over Production Cuts
Iron ore futures experienced a notable increase on Monday, driven by robust demand in China, the world’s largest consumer of…
March 26, 2025
News
Seaspan enhances safety and efficiency by equipping 100 additional ships with Orca AI technology.
Seaspan Corporation is making significant strides in maritime technology by equipping an additional 100 ships with Orca AI’s SeaPod digital…
March 26, 2025
News
IACS Releases Latest Guidelines for 3D Printing in Marine and Offshore Industries
The International Association of Classification Societies (IACS) has introduced a new recommendation, Rec.186, aimed at establishing a standardized approach for…
March 26, 2025
News
Value Maritime and MOL Achieve Groundbreaking Carbon Capture Milestone Together
Value Maritime (VM) has made a significant advancement in reducing CO2 emissions within the maritime industry by successfully installing its…
March 26, 2025
News
China’s Container Crisis: Declining Rates and Weakening Demand Worry Traders and Lessors
China’s container logistics sector is facing significant challenges due to falling container prices and leasing rates amid weakened cargo demand.…
March 26, 2025
News
MEPC 83: “Driving Shipping Innovation Requires a Global Framework
The upcoming 83rd meeting of the Marine Environment Protection Committee (MEPC 83) of the International Maritime Organization marks a significant…