The International Maritime Organization (IMO)—the world’s shipping regulator— prepares to address a range of pressing issues in 2025, with the top three being dark fleet, decarbonization and geopolitical pressures.
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Romania-based Damen Shipyards Galati, a subsidiary of Dutch shipbuilder Damen Shipyards Group, has cut the first steel on the third all-electric Island-class vessel ordered by Canadian ferry operator BC Ferries.
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Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car producers’ for the transport of cars in the company’s key trade lanes.
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On January 15, 2025, COSCO Shipping’s heavy lift vessel Zhi Yuan Kou arrived at the Project ONE site in Antwerp with a cargo of first furnaces, representing an important step for the Port of Antwerp-Bruges and the European chemical sector.
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Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping association BIMCO revealed.
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