NCFI Shows Diverging Trends as Middle East Rates Surge

The latest update of the Ningbo Containerised Freight Index (NCFI), released by the Ningbo Shipping Exchange, reveals notable divergence across major trade lanes, with...

Merchant Vessel Beats Back Pirate Raid Amid Red Sea Revival

A merchant vessel successfully thwarted a coordinated pirate attack in the Bab-el-Mandeb Strait early Friday morning, underscoring the persistent volatility in one of the...

Fire Incident at Manila North Harbor Prompts Investigation and Safety Review

Fire reaches second-alarm status, requiring a major response. Authorities contain damage to the lower decks after hours of firefighting. An investigation is underway,...

War Risk Premiums Shift: Red Sea Rates Drop While Black Sea...

War risk premiums for vessels sailing through the Red Sea have fallen sharply following the recent ceasefire and decline in Houthi attacks. In...

Container Shipping Faces Year-End Pressure as Demand Softens and Disruptions Rise

  Blank sailings surge with 64 cancellations across five weeks. Spot rates jump, but sustainability remains uncertain. Severe storms disrupt Asian terminals and delay...

EU Moves to Permanently End Russian Gas and Oil Imports by...

The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional...

Maersk Pushes Decarbonisation Frontier with 50/50 Ethanol-Methanol Blend Trial

Maersk to trial 50/50 ethanol-methanol blend on the vessel Laura Mærsk Initial E10 test confirmed safe integration and strong performance Ethanol offers another...

India Moves Closer to Arctic Access Under New RELOS Pact With...

A logistics support agreement ratified in Moscow opens the door for Indian naval and commercial vessels to access Arctic ports. The pact supports...

Major Newbuild Programme Launched Amid Strong Shipping Demand

A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships. This newbuild programme...

Air Lubrication Systems Selected for Nine New RoPax Newbuilds

  Nine new RoPax vessels being built in China will be fitted with air lubrication technology. The order marks the largest RoPax installation programme...

Global Shipping Faces Sanctions Pressure as Markets Look Toward a 2026...

Break Wave Advisors reports that the global shipping market is closing 2025 under a heavy mix of geopolitical strain, shifting trade flows, and regulatory...

IOPC Funds Meeting Sets New Priorities for Safety and Compensation Rules

The International Oil Pollution Compensation (IOPC) Funds opened its latest session in London with several important discussions about maritime safety and global compensation rules....

Container Shipping Market Shows Mixed Signals as Weekly Rates Shift Across...

Xeneta reports that the global ocean container market continued to move unevenly in early December, with spot rates and offered capacity shifting in different...

Global Bunker Markets Hold Mixed Signals as Week 49 Closes

Marine Bunker Exchange (MABUX) reports that global bunker prices moved without a clear direction in Week 49. Some fuel grades posted modest gains, while...

Romania Neutralizes Maritime Drone as Black Sea Security Tensions Rise

Reuters reports that Romania destroyed a maritime drone in the Black Sea on Dec. 3 after it was judged to be a direct threat...

Sanctions Reshape Russian Oil Flows as November Export Volumes Retreat

S&P Global Commodity Insights reports that Russian crude exports fell sharply in November as new US sanctions took effect and the EU prepared additional...

Yang Ming Issues Advisory On Accurate Cargo Declaration Requirements

Yang Ming has released a new customer advisory stressing the importance of complete and truthful cargo declarations. The company highlights that accurate information is...

Key Recommendations To Avoid Customs Fines In Argentina

Argentinean Customs has intensified inspections on vessels, focusing closely on Store Lists and item declarations. Even small mistakes, omissions, or inconsistencies can lead to...

South Korea Expands Global Shipping Support And Pushes For Faster Green...

South Korea is strengthening its global logistics presence while accelerating the shift toward eco-friendly vessels. As part of this effort, the Korea Ocean Business...

Everllence Secures 138 Orders For New 35/44DF CD GenSet Following Successful...

Everllence has achieved a major commercial milestone with its newly developed 35/44DF CD GenSet, securing 138 orders within just seven months of completing its...