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US–China Trade Truce Brings Brief Calm to Global Shipping Markets
Carriers Withdraw 7% of Scheduled Sailings Through Mid-December.
Freight Rates Rise 8% as GRIs Take Effect.
Fewer Blank Sailings Signal Mild Capacity Recovery.
The...
European Forces Free Crew After 30-Hour Hijacking Off Somalia
Crew Freed Safely Following Coordinated Operation.
Pirates Remain Active as Joint Search Continues.
Escalating Attacks Signal Renewed Somali Piracy Threat.
European naval forces pulled...
NCFI Rises as Middle East Route Jumps 11.8%, Europe Softens
The Ningbo Shipping Exchange, in collaboration with the Baltic Exchange, has released the latest Ningbo Containerised Freight Index (NCFI) for the week ending 7...
Wärtsilä, Sinocrew Launch Advanced Maritime Training Centre in China
Finnish technology group Wärtsilä and Sinocrew Maritime Services have inaugurated an advanced maritime simulation and training centre in Beihai, China, to support the next...
ISWAN, MarTrust Partner to Enhance Seafarer Wellbeing
MarTrust, part of Marcura, and the crew payments solution supporting more than 150,000 seafarers worldwide, has partnered with the International Seafarers’ Welfare and Assistance...
South Korea Raises Doubts Over U.S. Shipyard’s Capability to Build Nuclear...
The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok...
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