PIL Completes First Simultaneous Cargo and LNG Bunkering Operation
PIL completed its first simultaneous cargo and LNG bunkering operation at PSA Singapore’s Brani Terminal.
The Kota Ocean received 4,000 cbm of LNG...
Red Sea Traffic Plummets as GPS Interference and Houthi Threats Persist
According to the UK Maritime Trade Operations, electronic interference, particularly with GPS, continues to pose a threat to navigational safety in parts of the...
SITC Joins “Green” Power Revolution to Drive Sustainable Shipping
On August 6, 2025, at the 2025 Science-Based Targets Development Forum, SITC Shipping President Ji Wenguang signed the "Joint Initiative to Lead the ‘Green’...
Global Container Shipping Market Holds Steady in First Half of 2025
Total liftings reached 93.5 million TEUs in the first six months, up 4.5% year-on-year despite global uncertainties.
Most regions recorded export and import...
South Korea to Launch Arctic Shipping Pilot Program Amidst Growing International...
South Korea is preparing to begin pilot operations on Arctic shipping routes next year, according to Oceans and Fisheries Minister Chun Jae-soo. The government...
Capesize and Panamax Sectors Gain Momentum, Supramax Stays Positive
This weekly report on the dry bulk market highlights the performance of the Capesize, Panamax, Ultramax/Supramax, and Handysize sectors. The Capesize market saw a...
VLCCs Soar, Suezmaxes Gain, and Aframax Sees Mixed Fortunes
This week's report on the tanker market shows a positive turnaround for VLCCs, with rates improving across all Baltic routes. In the Suezmax market,...
Port of Shimizu Sees Overall Dip in July Despite Continued Foreign-Trade...
Container traffic at the Port of Shimizu experienced a mixed performance in July, with strong foreign-trade activity offset by a decline in domestic movement....
Port of Tyne Showcases Progress on Green North Sea Shipping Corridor
UK–Netherlands initiative aims to decarbonise shipping between Port of Tyne and Port of IJmuiden, backed by £9m in joint funding.
Project supports DFDS’s...
TS Lines Orders Four 5,300 TEU Containerships for $245 Million in...
Hong Kong-listed TS Lines has placed an order for four 5,300 TEU containerships at CSSC Huangpu Wenchong Shipbuilding.
Total investment amounts to $245...
Grimaldi Group Takes Delivery of Second Ammonia-Ready PCTC Grande Tianjin
Grimaldi Group has received its second ammonia-ready Pure Car and Truck Carrier (PCTC) from Shanghai Waigaoqiao Shipbuilding (SWS).
The 9,000-car capacity vessel is...
Resurgent Houthi Attacks Create Uncertainty for Bab el Mandeb Shipping
Larger shipping companies have maintained elevated representation in Bab el Mandeb traffic despite renewed Houthi threats.
Greece- and China-affiliated vessels remain the most...
[Watch] Charting the Course: What Gen Z Really Wants from a...
In the UK P&I Club’s latest “Ask an Expert” series, Capt. Akshat Arora interviews Capt. Debashis Basu—Founder and Managing Partner of Navguide Solutions—to explore...
ITOCHU Sets Sail on Singapore’s 1st Newbuild Ammonia Bunkering Vessel
ITOCHU’s subsidiary CABS commissions a 5,000 m³ ammonia bunkering vessel, with delivery slated for September 2027.
The vessel enables offshore, ship-to-ship ammonia fueling...
Analyst Optimism on Tankers as Rates Gain Momentum
Tanker freight rates rebound to multi-week highs after earlier 2025 lows.
Product tanker equities surge up to 25%, outperforming crude-focused stocks.
Strong Q2...
Canada Moves to Slash Price Cap on Russian Seaborne Crude
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, and the Honourable Anita Anand, Minister of Foreign Affairs, on August 8 announced that...
COSCO Seeks At least 20% Stake in $23B Panama Canal Ports...
China's state-owned shipping giant COSCO aims to secure at least a 20%-30% stake in a $23 billion ports deal involving strategic assets in the...
Maersk Weighs Korean vs Chinese Shipyards for $2.8B Vessel Contracts
Maersk is assessing bids from both Korean and Chinese shipyards for 12 dual-fuel mega container ships.
Chinese yards are offering about $20 million...
MOL PLUS Makes Third Investment In Doppler LiDAR Innovator Metro Weather
MOL PLUS, the corporate venture capital arm of Mitsui O.S.K. Lines (MOL), has announced a third round of investment in Kyoto-based Metro Weather, a...
AVTL Greenlights €170M LPG And Liquid Products Terminal At Mumbai’s JNPA...
AVTL has taken a positive final investment decision to develop a new greenfield terminal at Jawaharlal Nehru Port Authority (JNPA) in Mumbai, featuring a...
