BIMCO: Dry bulk supply/demand balance set to weaken
It’s not just container shipping that’s feeling the tariffs pain. BIMCO has released its April 2025 Dry Bulk Shipping Market Overview & Outlook — and the outlook part is not rosy. Tariff
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USCG spot checks at Port of NYNJ find undeclared hazardous materials
Coast Guard Sector New York personnel conducted three warehouse spot checks at the Port of New York and New Jersey this week, uncovering a 60% deficiency rate in hazardous material compliance. The
NTSB reports on $3M Johnny M towboat fire
A catastrophic engine failure led to a fire aboard the towboat Johnny M last year, the National Transportation Safety Board said Tuesday. The fire broke out on Jan. 30, 2024, when the
Ambassador Cruise Line installs MOB detection and tracking system
Edinburgh-based maritime safety and security technology provider, Zelim, says that its detection system, ZOE, will be installed aboard Ambassador Cruise Line’s 48,123 grt cruise ship Ambition, representing the system’s first use on
CMB.TECH and Golden Ocean merger will create 250 ship behemoth
CMB.TECH NV [NYSE: CMBT] and Golden Ocean Group Limited [NASDAQ: GOGL] are set to merge, creating one of the largest diversified listed maritime groups in the world with a combined fleet of
NTSB: Engine failure leads to $2.4 million passenger vessel fire
Debris in an engine’s lube oil system led to a diesel engine failure and an engine room fire aboard a passenger vessel docked in Portland, Maine, the National Transportation Safety Board said
Op-Ed: Shipowners at a decarbonization crossroads
By Jonathan Strachan, Chief Technical Officer, Houlder The shipping industry is navigating uncharted waters as it confronts the complex challenge of decarbonization. A recent qualitative survey by Houlder, the London-based design and
USTR reveals fee scales, timing for Section 301 action on China
In a long-expected move, the U.S. Trade Representative (USTR) on April 17 took Section 301 “targeted action to restore American shipbuilding and address China’s unreasonable acts, policies, and practices to dominate the
Agreement reached on new global minimum wage for seafarers
The International Labor Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting of the Subcommittee on Wages of Seafarers of ILO’s Joint Maritime Commission
Ship Repair USA: Charting a course through compliance
When it comes to running a shipyard, navigating regulations and compliance can sometimes feel more complicated than navigating open water. One area that continues to challenge even the most seasoned operators is