Dry Bulk Market Weekly Review Mixed Sentiment Across Segments
The dry bulk market experienced mixed performance across vessel segments this week. While the Capesize and Panamax sectors showed signs of recovery after a...
Weekly Tanker Market Report LR2s Lead Gains As VLCCs Strengthen
The global tanker freight markets experienced mixed movements this week, with LR2s and VLCCs posting solid gains, while MR rates saw sharp corrections, particularly...
Panama Reinforces Ship Registry Leadership With Japan At The Forefront
Panamanian President José Raúl Mulino met with more than 40 representatives of Japanese shipping companies to present Panama’s renewed ship registry strategy.
The initiative aims...
Survey Reveals Safety Pressures Still Clash With Productivity At Sea
A major survey of 30,000 seafarers, with over 3,300 responses, has shed light on the ongoing tension between efficiency demands and safe operations in...
ElbFeeder Orders Two Next-Generation Container Vessels To Strengthen Iceland-Europe Trade
ElbFeeder, the joint venture of Iceland’s Eimskip and Germany’s Ernst Russ, has signed contracts for two state-of-the-art 2,280 TEU container ships with China Merchants...
Hyundai Glovis Partners With SK Gas To Build LNG Bunkering Ecosystem...
Hyundai Glovis has signed a contract with SK Gas’ subsidiary Eco Marine Fuel Solution to secure liquefied natural gas (LNG) bunker fuel in South...
Unsecured Lifeline Leads to Fatal Fall on Bulk Carrier
The Republic of the Marshall Islands Office of the Maritime Administrator has released its casualty investigation report on the ASTERIS, a bulk carrier involved...
“No One Left Adrift”: IMO Champions Seafarers’ Rights and Gender Equality
From September 1–3, 2025, Manila hosted a landmark international conference titled “No One Left Adrift: Seafarers at the Cross Currents of Commerce, Conflict and...
Singapore Named Best Global Seaport and Best Seaport in Asia
The Port of Singapore has been named the “Best Global Seaport” and “Best Seaport in Asia” at the Asian Freight, Logistics and Supply Chain...
Spot Rates Steady, But Cracks Show in Global Container Trade
The latest Xeneta weekly update reveals a complex shift in container shipping rates across key trade lanes. From the Far East to U.S. coasts,...
Pressure Mounts as West Tightens Grip on Russian Crude
In its latest Tanker Market Report, Gibson Shipbrokers highlights mounting pressure on Russian crude exports as Western countries intensify sanctions and impose fresh tariffs.
Tanker...
Greek Tankers Steer Clear as G7 Tightens Russia Price Cap
EU, UK, Canada seek to limit Russia’s oil revenues
Greek ships exit Russia in droves amid sanction risks
US position leaves opening for...
Kongsberg to Equip India’s First Electric Tug
Project marks world’s first full electrical tug integration.
Contract awarded by Mandovi Drydocks and Ripley Group.
The package includes thrusters, ESS, automation, and...
LR Unveils Risk-Based Fire Safety Notation for Container Ships
Risk-based approach enhances fire safety assessment at sea.
Guidance provided for shipowners, designers, and operators.
First application of ShipRight RBC to container ship...
Trump Presses Europe to End Russian Oil Purchases
The EU plans to phase out Russian energy imports in full by 2028.
Most European states ended crude and fuel imports in 2022–23.
...
DNV Charts Path for Ammonia as Future Marine Fuel
A two-phase pathway is outlined for ammonia adoption.
An initial fleet of ammonia-fuelled vessels is proposed.
Scale-up phase to include global infrastructure and...
CSSC Finalizes Merger With CSIC to Form World’s Largest Listed Shipbuilder
Largest absorption and merger in A-shares history.
Share swap ratio set at 1:0.1339.
CSIC A-shares to cease trading and convert to CSSC shares.
China...
Container Lines Manage Excess Supply with Increased Blank Sailings
8% of scheduled sailings between weeks 37–41 are cancelled, with most on the Transpacific eastbound.
Over half of the blank sailings are concentrated...
Hostages Rescued After Armed Attack on Cargo Ship off Algarve Coast
Portuguese Navy freed two crew members briefly held hostage after an armed attack on a vessel off the Algarve.
The ship had sailed...
Construction Starts for World’s First Ammonia-Powered Container Ship
Yara Clean Ammonia, together with Yara International, CMB.TECH and North Sea Container Line, has marked the official start of construction on Yara Eyde, the...