Saronic has announced the transitions of two of its co-founders into expanded leadership roles. Doug Lambert has been named Chief Operating Officer (COO), and Vib Altekar has been named Chief Technology Officer (CTO). These appointments recognize…
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Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates…
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Seafarers Happiness Index Steadies, Although Safety and Health Concerns Remain
The Mission to Seafarers' latest edition of its quarterly Seafarers Happiness Index has revealed a steadying in seafarer satisfaction, marking a small rise as the survey enters its 10th year.The Q1 report shows an overall rise in seafarer happiness to ...
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Industry Partners Showcase Next-Gen Nuclear Reactor for Maritime Decarbonization
Fincantieri, newcleo and Pininfarina have unveiled the look of the next-generation sustainable nuclear generator for maritime applications.The look of newcleo’s fourth-generation lead-cooled fast reactor has been revelated at International Architecture...
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Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work
Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair…
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Swire Shipping Bans Carriage of Donkey Skins
On World Donkey Day (May 8), international animal welfare charity, The Donkey Sanctuary, acknowledges Swire Shipping as the first global shipping line to commit publicly to a ‘No Donkey Skins Carriage policy’.In February last year, African Heads…
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MarineShift360 Unveils First Impact Accelerator Cohort
MarineShift360 has unveiled the first cohort of its Impact Accelerator Program, selecting three pioneering organizations to advance sustainability across the marine industry.Following a competitive selection process, the Royal National Lifeboat Institu...
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Odfjell Announces “Resilient” Financial Result
Odfjell SE has reported its results for the first quarter of 2025, showing a resilient financial result despite the increased market uncertainty due to the initial U.S. trade tariffs announcement.The Odfjell Group is one of the leading players…
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Houthi Ceasefire Deal Excludes Israel
A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt.President ...
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US Companies Seek Exemption from Trump LNG Plan
U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push ...
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