LATEST ARTICLES

Ningbo Freight Index Surges on Europe, Dips to Middle East

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The Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, provides a comprehensive overview of container freight rates across various global trade routes. The index is...
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India Raises Maritime Alert to MARSEC Level 2 Amid Rising Threats

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Security system has been enhanced from MARSEC Level-1 to MARSEC Level-2 with immediate effect. MARSEC Level 2 signifies a heightened risk of a security incident and requires the implementation of additional protective security...
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Asyad Group Launches ‘Sohar Max’ Mega Vessel to Drive Wind-Powered Maritime Sustainability

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Asyad Group introduces Sohar Max, a 400,000-ton mega vessel equipped with five rotor sails, marking a major step in green shipping innovation. The wind-assisted technology cuts fuel use by 6% and reduces CO₂...
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Adora Flora City Successfully Floats as China’s Second Large Cruise Ship

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Adora Flora City, China’s second domestically built large cruise ship, successfully floated for the first time on April 28 after just one year of construction. Construction progress has significantly improved compared to the...
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CMA CGM and Suez Canal Authority Reevaluate Red Sea Transit

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CMA CGM Signals Readiness to Resume Suez Transit. Positive Red Sea Security Boosts Hopes for Suez Canal Return. Suez Canal Tops CMA CGM’s Transit Preference Amid Easing Tensions. In a virtual meeting on 7...
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Trump Signals Willingness to Slash 145% Tariff on China

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Trump Hints at Cutting 145% China Tariff to 80%. Trump Posts “80% Tariff Seems Right” Ahead of Trade Talks. Tariff Cut on Table as U.S.-China Talks Set for Geneva. President Donald Trump has indicated...
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World’s First Single-Fuel Biomethanol CTV Sets Sail for a Sustainable Future

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The Transporter, developed by Northern Offshore Services (part of NYK's Northern Offshore Group), is the world’s first single-fuel biomethanol Crew Transfer Vessel (CTV), powered by a methanol engine running on biomethanol from sustainable...
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Gasum Uses Bio-LNG to Power Vessel and Achieve FuelEU Maritime Compliance

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Gasum has partnered with shipowner Bernhard Schulte to power the 7,500 m³ vessel Kairos with renewable bio-LNG. The FuelEU Maritime regulation allows emission pooling, where over-compliant vessels can offset the emissions of under-compliant...
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U.S.–Mexico Grain Trade Grows, Driving Handysize and Supramax Demand

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This week’s spotlight analyzes the changing dynamics in grain dry bulk shipments from the United States to Mexico. Rising US Grain Exports to Mexico Fuel Demand for Smaller Bulk Vessels Between 2022 and 2024, US grain...
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Maersk Says Container Demand Depends on US-China Deal

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A.P. Moller-Maersk has adjusted its container volume forecast for the year, now projecting a range from a 1% decline to a 4% increase, down from an earlier estimate of a 4% increase. The...
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