Historic Car Ferry City of Milwaukee Set for $1m Preservation Overhaul

The iconic S.S. City of Milwaukee, a nearly century-old steam-powered railroad car ferry and National Historic Landmark, is set to be lifted out of...

Zombie Ships Sail On as Venezuela Outsmarts Oil Sanctions

A tanker believed to have been dismantled years ago is now poised to arrive in Venezuela, highlighting how the country’s oil trade continues to...

NOCC Commissions Fourth 7,000-CEU LNG Dual-Fuel Car Carrier from CIMC Raffles

Norwegian Ocean Car Carriers (NOCC) has placed an order for a fourth 7,000-CEU LNG dual-fuel pure car and truck carrier (PCTC). The vessel...

Russia Slams US Blockade of Venezuela

Russia Warns US Measures Could Destabilise the Region. Call for a Pragmatic Approach and Respect for International Law. Kremlin Reaffirms Political Support for...

Iran Seizes Foreign Oil Tanker Over Alleged Fuel Smuggling

Sixteen Foreign Crew Members Detained on Criminal Charges. Earlier Seizure Reported in the Gulf of Oman Involving Smuggled Diesel. Iran Steps Up Crackdown...

Pacific Basin Expands Handysize Newbuilding Programme

Pacific Basin has ordered four 40,000 dwt Handysize newbuildings for about $119 million Deliveries are scheduled for the first half of 2028 The...

Uneven Finish as Large Vessels Hold, Smaller Segments Struggle

Capesize showed relative resilience, while Panamax and smaller segments stayed under pressure Seasonal slowdown and limited fresh cargo weighed on overall sentiment Market...

Volatility Returns as Tanker Rates Reposition Across Basins

VLCC earnings weakened further, slipping below $100,000/day, while Suezmax and Aframax segments posted gains. Suezmax rates were lifted by strong Atlantic demand and...

Global Liner Schedule Reliability Rises to 64.1% in November

Global reliability improved month-on-month to 64.1% Average delays for late arrivals declined further Maersk led top carriers on schedule performance New alliance metrics...

LNG Ship Intelligence Lab Launched in Shanghai

A new LNG Ship Intelligence and Innovation Laboratory has been launched in Shanghai The lab will focus on smart LNG ships, safety, and...

China Introduces Financial Measures for New Land-Sea Trade Corridor

Central bank issues 21 financial support measures for corridor development Policies focus on financing, settlement, and cross-border services Greater access planned for foreign...

Valenciaport Records Strong Container Growth As Board Approves Key Strategic Decisions

The Port Authority of Valencia (APV) has reported stable overall traffic figures alongside notable growth in container and passenger volumes in 2025. These figures...

Global Liner Reliability Climbs To 65.3% In August 2025 As Maersk...

Global container shipping reliability continued its gradual recovery in August 2025, according to Sea-Intelligence’s latest Global Liner Performance (GLP) report. Despite persistent operational pressures,...

Spain’s Ports Show Signs Of Recovery Despite Marginal Cargo Decline In...

Spain’s ports of general interest handled over 511 million tonnes of cargo during the first eleven months of 2025, reflecting a slight year-on-year decline...

Tonne-Day Demand Signals Firm Capesize Momentum Into The New Year

The final Dry Market Monitor of the year highlights tonne-day demand growth as a critical leading indicator for freight market direction heading into the...

GTT Secures Lloyd’s Register Approval For New Three-Tank Very Large Ethane...

French containment specialist GTT has received an Approval in Principle (AiP) from classification society Lloyd’s Register for a new three-tank Very Large Ethane Carrier...

U.S. Maritime Regulator Weighs Action Over Spain’s Port Restrictions On Israel-Linked...

The U.S. Federal Maritime Commission (FMC) has signaled it may take strong remedial action against Spain as it reviews restrictions imposed on vessels carrying...

U.S. Weighs Additional Coast Guard Assets to Intercept Fleeing Tanker

The United States is considering deploying additional Coast Guard resources to intercept and seize an oil tanker that has been attempting to evade boarding...

INTERMODAL: Newbuilding Market Holds Firm as Owners Place Strategic Orders

The latest Intermodal Weekly Market Report for Week 51 of 2025 shows that newbuilding activity remained robust in late December, with a broad mix...

MOL 2025 Safety Drive: Delivering the World’s Highest Safety and Quality

Mitsui O.S.K. Lines, Ltd. has announced that it held the MOL Safety Campaign from September to November 2025. MOL Safety Campaign "MOL Safety Campaign" is an...