International Shipping News.

The Republic of the Marshall Islands (RMI) Registry’s long-term and consistent commitment to high quality shipping continues to be recognized by the international community. At INTERTANKO’s North America panel meeting held in Stamford, Connecticut, the United States Coast Guard (USCG) presented QUALSHIP 21 qualifying jurisdictions for this year. For the 21st consecutive year the RMI ... […]

U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump’s plan to impose port fees on China-linked ships, a top Japanese shipping executive said. The Trump administration is drafting an executive order in a bid to revive domestic shipbuilding and weaken China’s ... […]

Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, slipped $3 in the fortnight to 31 Mar 25 to $601 per 40ft container. Intra-Asia Container Index assessment for 31 March 2025 • Drewry’s Intra-Asia Container Index (IACI) slipped $3 to $601 per 40ft container in the second half of March, ... […]

Fuel for Thought: LNG provides a comprehensive analysis of LNG’s current status and future potential in maritime decarbonisation. Lloyd’s Register’s (LR) latest Fuel for Thought report reveals that liquefied natural gas (LNG) remains the dominant alternative marine fuel readily available to the shipping industry. The report highlights LNG’s growing adoption, its cost-effectiveness under tightening emissions ... […]

The University of Osaka (President: Atsushi Kumanogoh), in collaboration with Imabari Shipbuilding Co., Ltd. (President: Yukito Higaki, ‘Imabari Shipbuilding’), Japan Marine United Corporation (President: Takashi Hirose, ‘JMU’), Nippon Kaiji Kyokai (President & CEO: Hayato Suga, ‘ClassNK’), and MTI Co., Ltd. (President: Hideki Suzuki, ‘MTI’) will establish the Open Collaboration Laboratory for Enabling Advanced Marine Systems ... […]

The SEA-CARE working group concluded its third session in February by confirming commitments to share key data to secure common objectives. Highlighting a need to look beyond ‘top-level’ data to pinpoint the root causes of casualties, attendees discussed specific datasets that could enrich findings drawn from Inmarsat’s Global Maritime Distress and Safety System (GMDSS) distress ... […]

Mintra, a leading provider of digital learning and human capital management solutions for safety-critical industries, has solidified its upward trajectory on the prestigious Fosway 9-Grid™ for Digital Learning, reinforcing its position as a Core Leader in 2025. This achievement reflects Mintra’s improved performance, market presence, and commitment to delivering high-value solutions to the maritime and ... […]

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for a sixth straight session on Tuesday, pressured by lower rates across all vessel segments. The main index BDI, which tracks rates for capesize, panamax, and supramax shipping vessels, was down 11 points at 1,587, its lowest ... […]

In 2023, the International Maritime Organization (IMO) adopted a revised strategy that aims to reduce greenhouse gas (GHG) emissions from international shipping to net-zero by or around 2050. The strategy includes indicative checkpoints targeting a 20% reduction in GHG emissions by 2030 (striving for 30%) and a 70% reduction by 2040 (striving for 80%), both ... […]

Using VesselsValue data, we break down the South Korean orderbook by number of vessels and market value, highlighting the top five owners within the orderbook, the percentage of the fleet being ordered with dual-fuel capabilities, and the top 10 owners based in South Korea. Within the South Korean orderbook, the LNG sector is the most ... […]