Time Capsules of the Deep: More Than 30 Shipwrecks Found in...

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...

Wet Damage and Moisture Ingress Leads to Cargo Loss

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...

Panama Canal Marks 111 Years as a Global Trade Icon

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 Unveils MV Folk Jubail In New Livery

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...

Tariff Verdict Looms Over Container Shipping’s Future

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

Deadly Fire Erupts On Vessels In Yeosu Port

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

Trump’s IMO Salvo Could Derail Emissions Framework

US President Donald Trump and Russian President Vladimir Putin met in Alaska for a high-profile meeting. While geopolitics was the official agenda, the location...

WFW Advises On Groundbreaking JOLCO Financing For ONE’s New Container

Watson Farley & Williams (WFW) has advised a consortium of international lenders on an Export Credit Agency (ECA)-backed JOLCO financing deal for Ocean Network...

Asahi Tankers Leads The Way In Zero-Emission Maritime Innovation

Founded in 1951, Asahi Tankers has established itself as a key provider of marine transportation services for petroleum and chemical products. In recent years,...

Bestway Marine’s Subsidiary Secures Orders For 12 New Vessels

Bestway Marine & Energy Technology Co., Ltd. has announced that its wholly-owned subsidiary, Jiangsu Dajin Heavy Industry Co., Ltd., has signed major contracts for...

Greener Routes or Red Flags? The Truth About Insetting in Maritime

The Baltic Exchange recently highlighted a growing trend in maritime decarbonisation: insetting. As the shipping industry faces mounting pressure to cut emissions, insetting is...

[Watch] Do Captain Go Down with the Ship?

Do Captains Really Go Down with the Ship? Is it a Maritime Myth or Reality? In this video, we explore one of the most enduring maritime...

Ocean Yield Expands LNG Fleet with New Investment

Ocean Yield has announced the acquisition of CapeOmega Gas Transportation AS, securing ownership in ten modern LNG carriers. The deal was made in partnership...

US Container Rates Drop as Tanker Routes Show Mixed Momentum

Flexport says the August deployment is steady at 80% with healthy space. Drewry reports small declines, expects less volatility post-tariff rush. USG–ARA activity...

Iraq Expands Oil Exports as U.S. Tariff Pressure Mounts on India

Iraq holds 19% share in the Gulf crude supply. Basrah port handles 97.5% of Iraqi exports. Iraq targets 6 million bpd by 2029. The...

LNG Spot Rates Rise as LPG Market Holds Firm

US Gulf Routes Record Firm Gains, Especially Long-Haul to Japan. Time Charter Market Eases Despite Spot Market Support. LPG Market Stays Firm Amid...

US Imports Hit by Trade Whiplash Boom-Bust Cycle

Early 2025 Imports Surge as Cargo Front-Loading Drives Artificial Boom. Sharp Declines Follow, With Volumes Falling Below Pre-Pandemic Trends. Volatility Highlights Risks of...

USTR Actions Spark Ship Management Concerns

BIMCO Issues Time Charter Clause, Rules Out SHIPMAN Clause. COFR Registration and Form 1300 at the Core of Proposed Actions. Chinese-Linked ISM Managers...

NCFI Weekly Update: Freight Rates Ease on Europe and Mediterranean Routes

Europe-bound rates slipped by 5.49%, bringing the index to 1,188.69 points. West Mediterranean services recorded a 3.76% decline, reaching 1,278.60 points. East Mediterranean...

Wan Hai Finalizes 13,100 TEU Series, Expands Green Ship Orders Through...

Wan Hai Lines has completed its 13,100 TEU containership series, with the final vessel, WAN HAI A20, now delivered. The newbuilds feature fuel-saving...