Panama and China have agreed to renew their maritime shipping agreement, ensuring continued trade benefits for Panamanian-flagged vessels calling at Chinese ports. The renewed cooperation is expected to strengthen bilateral maritime trade, improve port operations, and support smoother international shipping between the two countries.
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In a significant step toward maritime decarbonization and fuel-efficient shipping, Capital Ship Management Corp., K Shipbuilding, and Lloyd’s Register (LR) have launched a Joint Development Project (JDP) to design a 50,000 dwt wind-assisted Medium Range (MR) tanker. The initiative aims to determine whether Wind-Assisted Propulsion Systems (WAPS) can deliver commercially viable fuel savings and emissions reductions for standard product tanker operations without compromising cargo capacity or operational flexibility.
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A large-scale underwater cleanup operation has begun at Busan Port to remove accumulated waste tire fenders deposited beneath the water, marking a significant step toward improving marine environmental protection, port sustainability, and coastal pollution management.
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South Korea’s Ministry of Oceans and Fisheries (MOF) has announced revisions to its Onboard Safety and Health Standards, introducing practical changes aimed at improving seafarer safety, streamlining onboard health management, and reducing operational confusion for shipowners and crew.
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A groundbreaking marine monitoring network deployed in Quebec’s Lower St. Lawrence River is providing scientists with an unprecedented view of underwater activity, offering valuable insights that could strengthen maritime environmental regulations, improve marine ecosystem protection, and support safer shipping operations.
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The World Shipping Council (WSC) has welcomed the European Commission’s latest revisions to the European Union Emissions Trading System (EU ETS), calling the proposed measures a significant step toward accelerating maritime decarbonisation, expanding the use of alternative marine fuels, and strengthening Europe’s position as a global green shipping hub.
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Greece is advancing its long-term maritime development strategy as Chalkida Shipyards and a planned new commercial port are expected to transform the city into a stronger hub for ship repair, port infrastructure, maritime investment, shipping services and regional trade, according to statements by Minister of Shipping and Island Policy Vassilis Kikilias during his visit to the shipyard facilities.
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The future of zero-emission shipping moved a step closer to reality after Korean researchers, in collaboration with Samsung Heavy Industries (SHI), received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for an innovative 15,000 TEU nuclear-powered containership equipped with molten salt small modular reactors (SMRs).
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In a significant step toward the future of AI-driven shipbuilding, Nvidia and Kawasaki Heavy Industries have announced a collaboration to
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China’s shipbuilding industry continues to strengthen its position in the global maritime market as New Dayang Shipyard, a subsidiary of Sumec Marine, has officially signed a contract with Zhejiang Shipping to construct two 64,000-deadweight-ton (DWT) bulk carriers.
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Seventeen countries have officially launched a new international framework aimed at strengthening cooperation on the protection of critical underwater infrastructure (CUI), a move expected to enhance maritime security, subsea cable protection, and energy supply resilience worldwide.
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UAE Nigeria trade routes, global supply chain logistics, and maritime trade corridor strategies are being strengthened as the United Arab Emirates steps up efforts to secure trade flows with Nigeria amid global disruptions. The move focuses on improving shipping industry performance, cargo flow efficiency, and protecting trade surplus Nigeria estimated at around $70 billion.
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