The global dry bulk shipping market faces turbulence as trade tensions, slowing demand, and shifting supply chains converge, with new tariffs and China’s cooling appetite for raw materials reshaping the industry. Iron ore and coal shipments are projected to decline, while fleet growth outpaces stagnant demand, keeping freight rates depressed through 2026.
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Artificial intelligence is transforming many industries, but human expertise remains crucial for maritime safety as AI lacks the intuition and sensory skills of experienced engineers. A hybrid approach combining AI monitoring with human judgment offers the most effective solution for ship maintenance.
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StormGeo and Awake.AI are partnering to integrate AI-powered port call optimization into maritime logistics, aiming to reduce delays, cut fuel costs, and lower emissions by analyzing real-time data from over 3,000 ports. Their system provides precision ETAs, congestion mapping, and emissions optimization, with pilot programs already showing double-digit fuel savings.
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Ukrainian naval forces discovered and safely detonated a Russian FAB-500 bomb in the Black Sea, highlighting ongoing threats to maritime security and global food supply routes. The incident underscores Ukraine’s efforts to counter Russia’s naval blockade and secure critical shipping lanes.
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Wrtsil’s NextDF technology for the Wrtsil 46TS-DF dual-fuel engine reduces methane emissions to as low as 1.1% of fuel use, setting a new benchmark for cleaner maritime transport. The breakthrough also cuts NOx and CO emissions while maintaining engine performance and compliance with tightening regulations.
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