LATEST ARTICLES

NCFI Weekly Update: Freight Rates Ease on Europe and Mediterranean Routes

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Europe-bound rates slipped by 5.49%, bringing the index to 1,188.69 points. West Mediterranean services recorded a 3.76% decline, reaching 1,278.60 points. East Mediterranean lanes saw a slight gain of 0.44%, rising to 972.26...
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Wan Hai Finalizes 13,100 TEU Series, Expands Green Ship Orders Through 2030

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Wan Hai Lines has completed its 13,100 TEU containership series, with the final vessel, WAN HAI A20, now delivered. The newbuilds feature fuel-saving engines, wind deflectors, and Smart Ship notations for real-time monitoring. ...
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Backhaul Boom: Container Rates Shift Gears in Week 33

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The Baltic headline FBX index has remained mostly unchanged over the past week, at 2,137 compared to 2,135. Some backhaul routes saw quite significant increases week-on-week given the ongoing tariff scenario. FBX02: +25% ($356 →...
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GSI Launches Next-Gen 8,600 CEU Green Car Carrier for H-LINE

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Guangzhou Shipyard International (GSI), in partnership with China Shipbuilding Trading Co., Ltd. (CSTC), has officially delivered its second 8,600 CEU dual-fuel pure car and truck carrier (PCTC) to H-LINE Shipping of South Korea, reports...
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Oil Tanker Breakdown Temporarily Halts Bosphorus Traffic

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Strait traffic halted in both directions. Tenacity Venture is carrying 90,730 tons of crude oil. Tugboats escort the vessel to Büyükdere anchorage. On August 14, the Hong Kong-flagged oil tanker ran into engine trouble...
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Singapore Port Hits 18-Month Fuel Sales High

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Container throughput hits 3.87 million TEU, the highest in 2025 Bunkering vessel calls up 7.3% from June Bunker fuel sales reach 18-month high at 4.92 million tons Singapore handled a remarkable 3.87 million twenty-foot...
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Self-Heating and Fire Incident During Unloading of Indonesian Cargo

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A bulk carrier loaded with Indonesian coal experienced self-heating and fire in two cargo holds during discharge operations at an Asian port. The incident highlights the risks of spontaneous combustion in coal cargoes and...
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Diana Shipping Inc. Finalizes Time Charter Agreement for m/v Polymnia with Oldendorff Carriers

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Diana Shipping Inc. has entered a time charter contract with Oldendorff Carriers for the Post-Panamax vessel m/v Polymnia, commencing August 17, 2025. The charter rate is set at US $14,000 per day, less...
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The IMO’s 2050 Climate Framework and Its Implications for the Shipping Sector

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The IMO’s climate framework targets net-zero emissions from international shipping by 2050, with binding GHG limits for vessels over 5,000 gross tonnage. Proposed measures include a global fuel standard to reduce GHG intensity...
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Container Shipping Faces 7% Cancellation Rate Across Key Trades

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7% of 724 scheduled East–West sailings between mid-August and late September are expected to be cancelled. Transpacific eastbound services account for nearly half of all blank sailings during this period. Asia–Europe supply chains...
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