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.
Inchcape opened a Geoje office, expanding its Korean network to three locations and supporting offshore, naval and shipbuilding projects across 23 ports.
UHL Finesse delivered four tugboats to Hamburg, completing discharge at C. Steinweg Süd-West Terminal in a coordinated operation supported by Damen and on-site teams.
The UK P&I Club and TT Club are exploring a merger, aiming to strengthen their market position. Talks are still in the early stages, with discussions continuing over the next few months.
Precious Shipping continues its fleet renewal by purchasing two ultramax newbuilds under construction at Jiangsu Yangzi-Mitsui Shipbuilding. Delivery is slated for January 2026.
Maersk is preparing to restart its Red Sea route through the Suez Canal, contingent on improved conditions, said CEO Vincent Clerc. In a statement from the Suez Canal Authority, it
