Freight Rate Volatility on Key Trade Routes Increases Cost Risk for...

Spot-rate shippers on East-West and North-South routes face significant cost volatility, with average fluctuations reaching $1,400 per container. Unpredictability creates financial risks such...

Hapag-Lloyd, MSC, and SFL Lead Major Vessel Upgrade Projects

Major carriers focus on retrofitting vessels to increase capacity instead of relying solely on newbuilds. MSC is upgrading "MSC Oskar" class ships to...

BSU Annual Report 2024: Marine Safety Notifications Decline, Yet Serious Casualties...

Germany's Federal Bureau for Maritime Casualty Investigation (BSU) has released its Annual Report for 2024, offering valuable insights into marine casualties and incidents. The...

Watts Marine: A Pioneer’s Leap of Faith Powers Ports Towards a...

Mike Watts's journey into shore power, starting with that pivotal meeting with Princess Cruises in 2004, truly stands out as a foundational moment in...

UECC Marks 35th Anniversary with Renewed Commitment to Decarbonization

The majestic full-rigged sailing ship Christian Radich provided a memorable backdrop for United European Car Carriers' (UECC) 35th-anniversary celebration on June 11, 2025, as...

China’s Chongqing Rises as Global Rail Hub Linking Asean, EU Amid...

Tuanjie Village, located in the heart of Chongqing, China's largest inland city, has rapidly transformed into a pivotal global logistics hub. Known traditionally for...

Hong Kong Convention and How to Obtain IHM Certification for Ship...

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) is set to enter into force on June 26,...

[Podcast] The Evolving Landscape of Ship Finance for Medium-Sized Players

While the global maritime industry comprises tens of thousands of individual shipowners, the vast majority of global seaborne trade is dominated by a relatively...

EU Envoys Aim to Break Deadlock on New Russia Sanctions This...

EU diplomats expect to finalize the 18th sanctions package against Russia during this week’s summit. Hungary and Slovakia demand concessions on Russian energy...

Sefine Shipyard welcomes its first vessel into a massive new 360m...

The new dock enhances capacity for large-scale ship repair and conversion projects. Marks a significant leap for Turkish shipbuilding competitiveness on the global...

Russia Launches First Arctic Transit of 2025 Amid Tougher Ice Conditions

Two nuclear-powered icebreakers escort the year’s first convoy through Russia’s Northern Sea Route (NSR). The convoy includes an Arc7-class LNG tanker and two...

Eco Engine Vessels Prove Their Worth in the Second-Hand Market

Eco Engine dry bulk ships command 5–12% higher resale value, especially in younger age brackets. Statistical t-tests confirm that the premium is significant,...

COSCO Unveils China’s First 16,000 TEU Methanol Dual-Fuel Boxship

COSCO SHIPPING delivers China's first 16,000 TEU methanol dual-fuel container ship, setting three major domestic industry milestones. The vessel integrates advanced methanol fuel...

Challenges In The Sale Of Hutchison Ports’ Overseas Terminals

The strategic sale of Hutchison Ports' overseas terminals to a powerful consortium comprising MSC/TIL and BlackRock/GIP is unfolding under complex geopolitical and regulatory pressures. Although...

Seafarers Deserve Justice InterManager Opposes Unfair Charges

On the occasion of the Day of the Seafarer 2025, the maritime industry is being called upon to reaffirm its commitment to the protection...

Far East–Europe Container Trades Near 8 Mteu Monthly Capacity Milestone

Recently container ship capacity on Far East–Europe routes hit 7.9 million TEU (Mteu) — an 11.7% year-on-year growth, bringing the sector to the brink...

Seacon Shipping Takes Delivery Of Methanol-Ready Oil/Chemical Tanker Golden Banyan

Seacon Shipping Group Holdings has officially taken delivery of its newest oil/chemical tanker, Golden Banyan, in a formal ceremony held at Fujian Southeast Shipbuilding. Built...

NYK Acquires Kadmos To Build World’s Leading Digital Salary Platform For...

Nippon Yusen Kabushiki Kaisha (NYK) has announced the full acquisition of Kadmos Holding GmbH, a rapidly expanding German fintech company that specializes in global,...

HD KSOE Wins $178 Million Order From Evalend Shipping For Two...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a contract worth 245.3 billion won (approx. US$178 million) to build two crude oil...

IMO Marks Seafarers’ Day with Bold Call for Dignity

Every 25 June, the International Maritime Organization (IMO) and the global maritime community observe the Day of the Seafarer, shining a spotlight on the...