Ripple Effects of Tariff Shifts Push Freight Rates Across Key Global...
US tariff shifts have caused repeated swings in container shipping demand, distorting freight rates across major trade lanes.
Spot rates from the Far...
China Imposes Exit Bans on U.S. Government Employee and Wells Fargo...
A U.S. Department of Commerce employee is currently barred from leaving China.
A Wells Fargo banker, also a U.S. citizen, is facing criminal...
NGO Shipbreaking Platform Highlights Key Shortcomings in the HKC
At least five workers were injured during shipbreaking activities on South Asian beaches in Q2 2025, as 74 ships were dismantled globally.
The...
Strategic Marine Expands South Korean Reach with Yeosu Ocean Delivery
Strategic Marine has completed its first delivery to South Korea, supplying a 27m Crew Transfer Vessel (CTV) to Yeosu Ocean Co., Ltd.
The...
LNG Carrier Scrapping Rises as Industry Awaits Rebound in New Orders
The number of LNG carriers scrapped in 2025 has already matched the total for 2024, signaling an accelerating phase-out of aging vessels.
Despite...
Israeli Strikes on Yemen’s Hodeidah Port Mark Escalation in Conflict with...
The conflict in the Red Sea and surrounding regions continues to escalate, with the Israeli military conducting a fresh attack on Houthi targets in...
Philippines Launches the First-Ever Methanol-Powered KAMSARMAX Bulk Carrier
TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. launched the world’s first methanol dual-fuelled KAMSARMAX bulk carrier on 17 July 2025 in the Philippines.
The vessel...
MARAD Awards $8.75 Million to Boost U.S. Shipyards Amid Push for...
The U.S. Maritime Administration has granted $8.75 million to 17 small shipyards across 12 states to strengthen maritime infrastructure.
This year’s funding marks...
Beyond Narco-Submarines: Marshall Islands Details Diverse Drug Concealment Methods
The Republic of the Marshall Islands (RMI) Maritime Administrator has issued a warning regarding the escalating use of commercial vessels for illicit drug trafficking,...
Decoding FuelEU Maritime: Essential Insights on Fuel Allocation, Methane Slip, and...
The FuelEU Maritime regulation, which came into force on January 1, 2025, is a cornerstone of the European Union's "Fit for 55" package, aiming...
Dry Bulk Sector Sees Unexpected Gains Driven by Panamax Surge and...
The dry bulk market is currently experiencing an unexpected surge, particularly in the Panamax segment, defying earlier bearish outlooks for 2025. This momentum, while...
Dryad Global Warns of Russian Port Access Curbs and Evolving Threats...
Dryad Global's latest Maritime Intelligence Brief, as of July 22, 2025, highlights a dynamic and complex threat landscape across key global shipping routes, driven...
South Carolina Ports Achieves 3% Container Growth and Record Rail Cargo
South Carolina Ports (SC Ports) closed out fiscal year 2025 with robust performance, demonstrating significant growth in both container volumes and vital rail cargo,...
Global Shipbuilding Sees Sharp Reversal In 2025 As Newbuilding Orders Collapse
After a strong surge in 2024, global shipbuilding activity has dramatically reversed course in 2025. According to Xclusiv Shipbrokers, the number of new dry...
Armed Robbery Incident In Chittagong And Ongoing Maritime Vigilance
Recently, an armed robbery incident occurred onboard an LPG tanker anchored at Chittagong ‘C’ Anchorage, Bangladesh. Fortunately, no crew members were harmed and no...
Low Utilization Of Excellent Shipper Certification System Raises Industry Concerns
The excellent shipper certification system, launched in 2020 to support domestic shipping companies, is showing disappointing results. Industry experts are now calling for policy...
SIPG Energy And Argus Partner To Advance Green Fuels At Shanghai...
SIPG Energy and Argus signed an MoU on 18 July in Shanghai to collaborate on green fuels development and market intelligence. The partnership aims...
ALAM Launches Advanced Simulator Hub To Train Future Maritime Leaders
Akademi Laut Malaysia (ALAM), part of the MISC Group, has inaugurated its Maritime Experiential Learning Centre — a high-tech simulator training facility designed to...
Grimaldi Group Unveils ‘Grande Shanghai’ A Next-Gen Green Car Carrier
The Grimaldi Group has officially named its newest vessel, the Grande Shanghai, at a ceremony held in Jiangsu, China.
This marks the launch of the...
New BIMCO Clause Addresses USTR Actions
The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR)...
