
Machinery Failures Remain Top Cause of Shipping Incidents Despite Overall Safety Gains
Machinery damage and engine room failures consistently rank as the primary cause of maritime incidents, impacting vessel reliability
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Machinery damage and engine room failures consistently rank as the primary cause of maritime incidents, impacting vessel reliability
Acquiring heavy-lift equipment without investing in technical expertise poses risks, industry experts warn.

Lockheed Martin will acquire Ultra Maritime for $3.45 billion, enhancing its anti-submarine warfare capabilities.

ONE successfully moved out-of-gauge cargo from Colombo to Rotterdam on its IOX service, showcasing project cargo demand.

The EU's de minimis exemption removal on July 1 saw minimal air cargo frontloading, contrasting with past US tariff deadlines

The IMO Secretary-General has urged immediate international action to secure the release of 44 seafarers held by Somali pirates

Maersk and Hapag-Lloyd are resuming Suez Canal transits for their AE15 service, moving away from the longer Cape of Good Hope route

Holland Shipyards Group completed sea trials for the CF Formidable, a converted DP2 construction support vessel, exceeding performance…

Vloerenmontagegroep introduces an electric MAN eTGS 6x2 truck to power its new sustainable flooring installation concept.

CNC is enhancing its JTX intra-Asia service by adding direct calls to Shantou and Batangas, improving regional connectivity
Fincantieri has acquired four companies to strengthen its position in the growing underwater security and energy sectors.
PSA Vietnam and LHF will jointly develop and operate four container berths at Lach Huyen Port, boosting Hai Phong's capacity

European railcar lessors are calling for increased participation in the EU's Military Mobility reform talks.

Bernhard Schulte Offshore has received the Windea Clarke, the final vessel in its new CSOV series, for UK North Sea operations

Seattle-Tacoma ports highlight their $55 billion trade impact amidst rising breakbulk and fluctuating container volumes

Airfreight utilization remains high despite capacity additions, with belly capacity stabilizing and freighter schedules improving.

Grimaldi Group deploys Grande Istanbul PCTC to Turkey, responding to a 50% surge in ro-ro volumes.
The Baltic Dry Index climbed 50 points to 2797, signaling robust demand in the dry bulk shipping sector.

Canada is investing CAD 10 billion in the Roberts Bank corridor to expand Vancouver Port capacity and Pacific trade routes

RightShip appoints Maria Psaltaki as Chief Product Officer, emphasizing AI and SaaS development for maritime risk management

Vengrove has acquired two mid-box logistics properties in the UK, expanding its portfolio in the warehousing sector
DP World has begun its 30-year concession at Tartous, Syria, with new cranes to boost cargo capacity and vessel turnaround
MAC Shipping has ordered four new 29,000 DWT chemical tankers from Taizhou Maple Leaf Shipbuilding for 2029 delivery

A former Austin Freight Systems controller pleaded guilty to federal charges for embezzling over $3.2 million from the brokerage
Investment in alternative-fueled vessels in Asia demands greater crew competence for safe operations, warns The Swedish Club.
New Zealand's parliament has passed a new bill to formalize offshore wind project permitting, opening the door for investment
Chinese ports saw overall cargo and container volume increases in the first five months of the year, despite declines in bulk commodities

Wison New Energies will build a new FPSO vessel for Eni's offshore oil and gas project in Côte d'Ivoire.

Indonesia and Singapore reaffirmed their commitment to free passage in the Strait of Malacca amid Middle East tensions.

China's military conducted a submarine-launched missile test in the Pacific, prompting concerns from regional powers.
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