Duckworth warns that US capacity has been shrinking since 2003. Pentagon requests $47B as Trump pushes revival of shipyards. China dominates with 53%...

Ocean Power Technologies (OPT) urged New Jersey lawmakers to expand support for marine energy, citing the state’s potential to be a national hub. ...

Spot fixtures in the Baltic/Black Sea have collapsed, with YTD Handy volumes down ~5% compared with 2024. The Mediterranean remains the key Handy...

  PG–Japan VLGC freight assessed at $89.60/mt on Aug. 14, nearing 16-month highs. Prolonged delays at Indian ports and Panama Canal congestion driving bullish...

Bumi Armada and MISC ended merger talks after their MoU expired on August 14, 2025. The merger was initially intended to build a...

USDOT is investing $175 million to expand and improve ferry services in 35 states, Puerto Rico, the U.S. Virgin Islands, and American Samoa. ...

Based on the DynaLiners Millionaires report with 2024 estimates from Drewry, the top terminal operators managed a combined 380.54 million TEUs, representing 43% of...

Yang Ming posted Q2 2025 revenue of US$1.21 billion and net profit of US$153.09 million. First-half revenue reached US$2.4 billion, with profit totaling...

Port Canaveral has marked a major milestone by hosting the first-ever liquefied natural gas (LNG) bunkering for Royal Caribbean International's newest and largest cruise...

Despite a slight dip in overall tanker sale and purchase (S&P) volume this year, the market for older crude tankers, particularly VLCCs and Aframaxes,...

HMM’s acquisition of SK Shipping collapsed due to valuation differences, leaving the carrier to pursue fleet growth through new orders, chartering, and second-hand...

The dry bulk shipping market saw a mixed performance this week, with some segments remaining stable while others experienced distinct shifts in rates and...

The tanker shipping market has seen mixed movements across different vessel sizes and routes this week. While VLCC rates remained largely stable, the Suezmax...

AW Shipping, a joint venture of ADNOC L&S and Wanhua Chemical Group, has received Gas Yongjiang, the first of nine advanced Very Large...

More than 30 shipwrecks have been found hidden at the bottom of Germany's Lake Constance. The discovery was announced by officials this week and...

A report from the Swedish Club reveals a significant challenge in bulk grain shipping—wet damage is a leading cause of cargo loss, resulting from...

The Panama Canal has officially turned 111 years old, commemorating more than a century as one of the world’s most important maritime corridors. Since...

Folk Maritime has launched the MV Folk Jubail in its new livery, marking a significant step in strengthening the company’s identity and expanding its...

Trump administration warns court ruling against tariffs would lead to another Great Depression. Treasury Secretary Scott Bessent argues that the higher the tariff...

A tragic fire broke out on two vessels moored in the southern coastal city of Yeosu early Saturday, resulting in one fatality and two...