M/V Genius Star XI arrives dockside in Dutch Harbor, Alaska on January 30, 2024. U.S. Coast Guard Photo

Loose Batteries Nearly Cause Pacific Cargo Ship Disaster: NTSB Report

On December 25, 2023, the Panama-flagged bulk carrier Genius Star XI experienced two major fires caused by improperly secured lithium-ion battery cargo during severe weather. An NTSB investigation revealed failures in securing equipment, resulting in cargo shifts and thermal runaway in several battery units, highlighting risks in maritime lithium-ion transport.

Continue reading

HD Korea Shipbuilding Unveils Innovative Technologies at MIT Forum

HD Korea Shipbuilding & Offshore Engineering (KSOE) showcased its innovative technologies at the MIT Maritime Consortium Workshop 2025, focusing on AI-driven autonomous operations and carbon reduction. Key developments included the HiNAS Control system and a prototype AI model for cybersecurity. The consortium outlined a roadmap emphasizing carbon neutrality and digital transformation.

Continue reading
Fantastic ferry of the Grandi Navi Veloci Company entering the port of Durres,Albania , August1 ,2024

France Responds to Possible Foreign Hack on Italian-Operated Ferry

French authorities are probing potential foreign interference after discovering remote-access malware on the Italian-operated ferry, Fantastic, in Sète. The Remote Access Trojan (RAT) enables hackers to remotely control systems. Two crew members were arrested; one remains in custody. Officials suspect an organized attempt to compromise the ferry’s data systems.

Continue reading
Aerial view of a container terminal

Fleet Growth and Market Dynamics Shaping Shipping Earnings in 2026

According to Veson Nautical’s 2025 End-of-Year Market Report, shipowners face significant trends for 2026. Earnings in containers and tankers may decline due to renewed Suez transits. Newbuild deliveries will increase supply, while older vessels face penalties. The tanker market will split, impacting crude and product tankers differently. Demolition activity is expected to rise.

Continue reading
Iran aims to strengthen the strategic partnership with India via the Chabahar Hall

Enhancing Regional Security: Sarthak’s Mission at Chabahar Port

The Indian Coast Guard’s ship ‘Sarthak’ has made a landmark visit to Chabahar, Iran, underscoring India’s growing maritime presence. This inaugural docking emphasizes New Delhi’s commitment to maritime safety through collaborative training exercises with Iranian agencies, enhancing mutual understanding and operational readiness while reinforcing India’s strategic objectives in the region.

Continue reading
Advertisements