With the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships entering into force this week, BIMCO now estimates that up to 16,000 ships totaling 700 million DWT could be recycled over the next 10 years. Thats twic

The World Shipping Council (WSC) has released its annual Containers Lost at Sea report , showing that 576 containers were lost at sea in 2024. While this represents an increase from the record-low 221 containers lost in 2023, it remains wel

In a bold strategic pivot, Hong Kong-based Caravel Group, led by the Banga family, has sold two Chinese-built Kamsarmax bulk carriersExplorer Oceania and Explorer Asiafor approximately USD 41 million, exiting the Kamsarmax segment to sharpe

The Global Centre for Maritime Decarbonisation has successfully completed the worlds first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China on 25 June 2025. The pilot encompassed two phases

On 19 June, the worlds first ship-to-ship liquified carbon dioxide (LCO₂) transfer was successfully completed at the Yangshan Deep-Water Port in Hangzhou Bay, Shanghai. The project was led by Shanghai Qiyao Environmental Technology Co., L

The International Chamber of Shipping (ICS) and European Shipowners | ECSA welcome the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) entering into force globally today. T

Guests including Ms Mable Chan (2nd from right, front row), Secretary for Transport and Logistics, and Mr Peter Wong Wai-yee (2nd from left, front row), Towngas Executive Director, and Mr Sham Man-fai (2nd from right, back row), Towngas Chi

KR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships. The initiative brings together Korean major shipbu

The Maersk Mc-Kinney Mller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with leading maritime partners, has revealed a groundbreaking design for a 3,500 TEU container feeder powered by ammonia. This innovative design, develop

X-Press Feeders Group, the worlds largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the worlds largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and

From Left: Petrus Blomqvist, Partner at Vaaka; Lauri Haavisto, CEO of Foreship; Markus Aarnio, Chief Naval Architect at Foreship; Carlo Luzzatto, CEO of RINA. RINA, the multinational engineering consultancy, inspection and certification gro

Ocean Network Express (ONE) announced today the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd.

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Hon. Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy, Hellenic Republic o

Nor-Shipping has confirmed that its 60th anniversary programme, which ran from 2-6 June in Oslo and Lillestrm, broke all previous records for the event week. More, more, more Total visitor numbers were up an impressive 23%, to 63,698 (from

Successful ammonia transfers in the Pilbara yield key safety and operational insights for future ammonia bunkering operations The Global Centre for Maritime Decarbonisation (GCMD) today released a comprehensive report detailing the learning