UK–Korea Collaboration Drives Progress On Autonomous Maritime Shipping Regulations
Maritime leaders from the United Kingdom and South Korea have taken a significant step forward in shaping the future of Maritime Autonomous Surface Ships...
Shipping Costs to Double Amid Rush to Beat China–US Tariff Deadline
Shipping container rates from China to the U.S. may double ahead of the August 10 trade truce deadline.
Small businesses face severe cost...
Hong Kong Proposes Amendments to Merchant Shipping Regulations
The Hong Kong Government has proposed amendments to update regulations on merchant shipping for compliance with international standards.
Proposed amendments
The proposed amendments which were gazetted...
Global Ro-Ro Giants Launch Unified Strategy to Cut Shipping Emissions
The Global Ro-Ro Community (GRC) - comprising Eastern Car Liner, K Line, MOL, NYK Line, Wallenius Wilhelmsen, and classification society ClassNK - has launched...
North Korea Detains Senior Official Over Warship Launch Failure
Warship launch at Chongjin Shipyard failed due to a cradle malfunction, causing partial submersion.
Four senior officials, including a Central Military Commission member,...
MOL to Weigh Chinese and Korean Shipyards for New LNG Carrier...
Japan's MOL said it will consider both Chinese and South Korean yards for new orders of liquefied natural gas carriers.
This follows recent...
Seaspan Opens Advanced Operations Centre at Vancouver Drydock
Seaspan celebrates the grand opening of a new 21,000 sq. ft. Operations Centre at Vancouver Drydock, reinforcing its infrastructure and workforce capabilities.
The...
Trump Postpones EU Tariffs, Boosts European Markets
US President Donald Trump postpones planned 50% tariffs on EU imports, restoring the original July 9 deadline to allow for further negotiations.
European...
Transpacific Freight Rates Rise on Tariff Pause
A sharp rise in transpacific bookings was recorded as shippers rushed to capitalize on the temporary pause in US-China tariffs.
FBX01 spot rates...
LNG, LPG Freight Rates Retreat on Weaker Demand
LNG spot freight rates eased across most Asia–Pacific and Atlantic trades, with transpacific lanes particularly pressured by slack demand and ample tonnage.
In...
Asia–US Container Rates Climb as Carriers Race to Boost Capacity
Asia–US container spot rates rose notably last week, prompting carriers to redeploy and expand capacity ahead of a surge in bookings driven by...
Panama Tightens Rules on Ship-to-Ship Transfers Amid Dark Fleet Surge
Panama's Maritime Authority has strengthened regulations for ship-to-ship operations involving Panama-flagged vessels in response to growing concerns over the use of dark-fleet tankers...
China Delivers World’s Largest Ocean-Going Car Carrier
China has achieved a significant milestone in global shipping with the delivery of the world's largest ocean-going car carrier, the Anji Ansheng. This colossal...
Red Sea Risk Escalates: Houthis to Target Vessels Based on Sister...
The Combined Maritime Forces' (CMF) Joint Maritime Information Centre (JMIC) has issued an advisory to commercial shipping and related maritime stakeholders, warning them about...
Capesize Dry Bulk Market Firms Up After Guinea Uncertainty, Panamax Continues...
The Capesize dry bulk shipping market concluded the week on a firmer note, demonstrating a notable recovery after a somewhat shaky start. Initial pressure...
Global VLCC Market Softens, Suezmax Under Pressure, Aframax Shows Regional Gains
After two consecutive weeks of rising freight rates for LR2 (Long Range 2) tankers in the Middle East Gulf (MEG), the market appears to...
US Solidifies Position as Top LNG Exporter as Global Trade Increases
The International Gas Union (IGU) has released its World LNG Report for 2025, which reveals that global liquefied natural gas (LNG) trade experienced a...
Fincantieri Expands Presence in Saudi Arabia, Collaborates with SRSA for Red...
Fincantieri, a global leader in shipbuilding, and the Saudi Red Sea Authority (SRSA), the official regulator for coastal tourism in Saudi Arabia's Red Sea...
Port of Rotterdam Teams Up with EDGE Navigation on Liquid Hydrogen...
EDGE Navigation’s LH2 ships are expected to begin operations in 2028, prompting the early development of supporting infrastructure in Rotterdam.
Liquid hydrogen will...
LDA And Technip Energies Partner To Develop Ship-Based Ammonia Cracking Solution...
Louis Dreyfus Armateurs (LDA) has signed a Memorandum of Understanding (MoU) with Technip Energies to advance the development of FRESH—a revolutionary floating facility for...
