Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources…
Global maritime charity Sailors' Society has announced a partnership with insurance giant NorthStandard to roll out its Sea Mate training to the P&I club's Members. The partnership prompts a sea change in seafarer care with a dramatic increase in the number of Wellbeing Officers on board ships…
Morten Christian Larsen will succeed Søren Kringelholt Nielsen as President of Svanehoj. Svanehoj, a specialist in marine pumps and safety equipment for liquefied gases, will have a new President as of July 1, 2026. After seven successful years as President…
The U.S. Merchant Marine Academy (USMMA) graduated 188 new merchant marine and military officers during its 90th commencement ceremony.U.S. Secretary of Transportation Sean P. Duffy, whose department oversees the Academy, one of the Nation’s five service academies…
Webb Institute celebrated the Commencement of its newest class of naval architects and marine engineers, sending another group of exceptional graduates into the maritime and defense industries that depend on them. U.S. Representative Thomas…
The Board of the International Chamber of Shipping (ICS) has unanimously elected John Denholm CBE as Chairman of the Board.The decision was made by the ICS Board of Directors at the organization's Annual General Meeting, held at Palazzo Valentini in Rome…
DP World Cochin’s International Container Transshipment Terminal (ICTT) achieved its highest monthly throughput in May 2026 for CY2026, handling 77,637 twenty-foot equivalent units (TEUs). The milestone reflects the terminal’s growing role in…
DNV has published a recommended practice (RP) providing a standardized framework for measuring and verifying the performance of onboard carbon capture and storage (OCCS) systems on ships, setting the stage for further developing onboard captured carbon solutions and technologies…
OCIMF announced the appointment of Don Davis as its new Managing Director. Don joins the organisation at a pivotal moment, as OCIMF enters a new phase following the recent evolution of its mission and brand to support maritime safety across the wider energy sector…
A mismatch in contract terms has led to a $110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing charter parties.According to International Transport Intermediaries Club (ITIC)…
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities…
Maritime recruitment has become more digital, but many platforms still replicate familiar agency workflows online. JobMarineMan.com, developed by ship and crew management company Marine MAN, is taking a different approach: a direct recruitment ecosystem built for shipowners and seafarers…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose to a one-week high on Friday, buoyed by rising rates for capesize vessels.The main Baltic index, which tracks rates for capesize, panamax and supramax vessels…
International Car Operators (ICO), a member of Japan’s NYK Group, has started commercial operations at Belgium’s first shore power facility for roll-on/roll-off (RoRo) vessels at the port of Zeebrugge.The facility entered service after a testing phase earlier this month…
Maritime engineering consultancy BMT and Australian shipbuilder Austal have signed a strategic agreement aimed at expanding ship design and engineering capacity while supporting the delivery of commercial and defense shipbuilding programs.The…