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...

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

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...

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...

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...

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...

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

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

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

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

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...

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...

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

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

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

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