Drewry WCI Sees Modest Uptick Amid Global Trade Adjustments

As of May 22, 2025, the WCI rose by 2% to $2,276 per 40-foot container. This figure remains significantly lower—78% below the pandemic-era peak...

Danish Shipping Companies Stay Steady Amid Market Turbulence

Danish shipping companies remain confident and steady despite global trade tensions, demonstrating their ability to adapt to shifting market dynamics. While investments in...

FMC Opens Investigation into Foreign Flagging Practices

The U.S. Federal Maritime Commission (FMC) has initiated a comprehensive investigation into foreign vessel flagging practices, aiming to assess their impact on maritime...

Poland Intervenes After Russian ‘Shadow Fleet’ Ship Spotted Near Baltic Power...

Poland's military intervened after a Russian "shadow fleet" ship was spotted suspiciously near an undersea power cable connecting Poland and Sweden. NATO has...

MEG Offshore Sector Rebounds Amid Vessel Shortage

Offshore support vessel demand in the Middle East Gulf has closely tracked boom-and-bust cycles driven by oil price swings, LNG developments, and national...

North Korea’s Largest Warship Capsizes During Launch

The country’s largest destroyer overturned during a risky sideways launch in Chongjin, embarrassing state leadership and damaging the vessel. Kim Jong Un condemned...

India Charts $10B Course to Build Crude Tanker Fleet Locally

India is launching a long-term plan to acquire 112 locally-built crude oil tankers, reducing reliance on foreign-owned fleets. An investment of ₹85,000 crore...

[Watch] The Freight Buyers’ Club Guide to Shipping Strategy During the...

A strategic update on the US-China tariff truce and its effects on transpacific trade volumes, container rates, and supply chain planning for summer...

Hung Ze Shipping and Dealfeng Partner for Sustainable Maritime Solutions

Hung Ze Shipping will equip its new chemical tankers using route optimization technology from Finnish firm NAPA The first vessel with the rotor...

BBC Houston Completes First Great Lakes Entry

MV BBC HOUSTON becomes the first “LakerMax” class vessel to complete a round trip through the Great Lakes-St. Lawrence Seaway System. The vessel...

UK, EU Forge Closer Ties on Carbon Markets and Maritime Security

The UK and the European Commission agreed to link their carbon markets by aligning the UK ETS with the EU ETS. A new...

Korea-US Shipping Prices Rise After Tariff Pause

Shipping rates from South Korea to the U.S. have surged following a temporary halt in U.S.-China tariffs, with costs rising up to 15%...

ClassNK Report Details Evolving Trends and Challenges in Marine Alternative Fuels

ClassNK has just released the latest version of its comprehensive report, "ClassNK Alternative Fuels Insight (Version 3.0)". This updated publication provides crucial new information,...

Middle East Gulf VLCC Market Sees Upward Pressure Dissipate, Rates Hold...

Towards the end of last week, the stars seemed aligned for the Middle East Gulf (MEG) Very Large Crude Carrier (VLCC) market, with expectations...

Capesize Rates Firming on Tightening Tonnage, While Panamax Softens in Atlantic

The dry bulk shipping market is seeing a reasonable level of inquiries from miners and operators for early June 2025 dates. This indicates a...

Red Sea GPS Jamming and Baltic Sea Standoff Underscore Heightened Operational...

Dryad Global's most recent Maritime Security Threat Advisory (MSTA) has drawn attention to two significant incidents that underscore the increasing complexity of contemporary maritime...

Royal Caribbean’s Star of the Seas, World’s Largest Cruise Ship, Begins...

Royal Caribbean's highly anticipated Star of the Seas, set to become the largest cruise ship in the world, officially commenced its sea trials on...

Prolonged Time at Sea: How to Maintain Seafarer Mental, Physical, and...

Extended deployments at sea are an undeniable reality for many seafarers, with voyages frequently stretching beyond their planned durations. This is often due to...

[Podcast] Women’s Share in Maritime Workforce Drops Despite Higher Numbers

IMO/WISTA Survey Shows Sharp Decline in Female Representation. Private Sector Female Participation Falls to 16% from 29%. Women in Mid-Management Halved Since 2021. The...

Transpacific Rates Climb on China–US Demand Rebound

Asia–US West Coast Rates Up 17% in a Week. Asia–Europe Spot Rates Rise as Capacity Tightens. Carriers Enforce GRIs Amid Full Vessel Bookings. Container...