Centuries-old international maritime law has to be updated to outlaw damage to undersea infrastructure such as cables and pipelines, the Estonian justice minister told Reuters after cables connecting it to Finland were again damaged this week. Finnish authorities on...

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Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping amid another flare-up in attacks. In a speech shared on X by Houthi spokesperson Yahya Saree on Dec. 27, the group...

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A ship-to-shore data connection seems to have been compromised. Do you pull the plug right away or wait for more details to better assess the risks? What decisions need to be made and who needs to be informed? These are just some of the questions you might face if you...

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The EEXI requirement came into effect on 1 January 2023, and all affected ships should now comply. To maintain compliance, any ship undergoing changes that affect its EEXI and/or EEDI may need to recalculate these. This statutory news outlines impacts on and necessary...

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Samsung Heavy Industries secured a 724 billion won ($508 million) deal to build two very large ethane carriers for an Asian shipping company, the Korean shipbuilder said. Samsung Heavy Industries will deliver the vessels by the deadline set for December 2027. The...

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The shipping industry is expected to report solid profits despite deteriorating market conditions due to the rise in the won-dollar exchange rate. While many anticipated that profitability would decline due to oversupply as ships ordered during the COVID-19 pandemic...

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