Greece held a memorial at the Athens Megaron Concert Hall to mark one year since the passing of oil and shipping businessman Vardis I. Vardinogiannis, with state, church, military and business leaders honouring his legacy.
Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.
Two sanctioned Russian tankers were struck by Ukrainian naval drones off Turkey, forcing major rescue operations as both vessels caught fire. The incidents underscore rising risks around Russia’s shadow fleet.
Two Russian-linked sanctioned tankers were hit by blasts in the Black Sea, prompting a major emergency response from Turkish authorities. Fires broke out on both ships, but all crew were safely evacuated as officials investigated the cause.
Korea has secured a Category A seat on the IMO Council for the 13th consecutive term at the organization’s 34th general meeting in London, reaffirming its position in global shipping and shipbuilding governance.
Russia failed to win an IMO Council seat after receiving only 47 votes at the 132nd Assembly, falling short of the 113 needed and ranking 22nd in the Category C ballot.
Russia awaits a crucial IMO vote as it seeks to regain its Category (a) council seat after losing it for 2024–25, amid stiff competition across all categories at the London assembly.
A new Seaspan-commissioned study shows SMRs could accelerate vessel schedules, cut operating costs by $68M annually, and expand cargo capacity on 15,000-TEU ships, with strong adoption potential by 2050.
Boskalis’ TSHD PRINS DER NEDERLANDEN has arrived in the Maldives to accelerate the Hulhumalé 3 reclamation, with completion expected by next month after work resumes on the remaining 38 hectares.
