Tariff Uncertainty Rattles Global Shipping Industry

Shipping Firms Struggle as U.S. Tariff Confusion Grows. Freight Surge and Supply Delays as U.S. Tariffs Loom. Escalating U.S. Tariffs Spark Global Shipping...

Old Russian Oil Tanker Barred by India Transfers Cargo Offshore

An old Russian Oil Tanker Denied Entry, Cargo Shifted at Sea Russian Crude Transfer Underway After Indian Port Refusal Sanctioned Shadow Fleet Faces...

Seaspan Begins Construction on Canada’s Next-Generation Polar Icebreaker

Steel Cut on Canada’s Most Advanced Polar Icebreaker at Seaspan Shipyards. Seaspan Launches Construction of Arctic-Class Icebreaker for Canadian Coast Guard. Made-in-Canada Polar...

ENEOS Invests $100M in C2X to Boost Global Green Methanol Projects

ENEOS and C2X Partner to Advance $100M Green Methanol Push. ENEOS Joins C2X to Accelerate Beaver Lake Renewable Energy Project. C2X Secures $100M...

Eastern Pacific Hits 350th LNG Bunkering at Tuas Terminal

Eastern Pacific Shipping, a Singapore-based ship management company, completed its 350th ship-to-ship LNG bunkering operation on April 2, 2025, at Tuas Terminal, reports Port...

Mazagon Dock Falls 6% on Govt’s 4.8% Stake Sale Plan via...

The Indian government plans to sell a stake of up to 4.83% in Mazagon Dock Shipbuilders, reports Reuters citing an exchange filing. Mazagon Dock falls...

Cancelled Sailings Surge as Transpacific Faces Biggest Hit

57 sailings were canceled across East-West trade lanes between weeks 15 and 19, with Transpacific Eastbound routes experiencing the highest share at 53%. ...

Dry Bulk Outlook: Q2 Recovery Expected Amid Uncertainty

Bauxite shipments from West Africa to China are expected to support Capesize freight rates in Q2 2025 after a sluggish start due to...

Sea-Cargo Expands Wind-Assisted Fleet with Additional Norsepower Rotor Sails

Sea-Cargo has placed a repeat order with Norsepower to retrofit two more RoRo vessels, MV Trans Hav and MV Trans Sol, with Norsepower...

Bill of Lading vs. Sea Waybill: Key Differences and Uses

A Bill of Lading (B/L) is a formal shipping document issued by the carrier that serves three key functions: Contract of Carriage – Establishes...

IMO Faces Pressure to Finalize Global Fuel Standard and Levy

IMO member states failed to finalize a draft legal text on fuel standards and GHG pricing, delaying expected approval at MEPC 83. The...

Significant Capacity Expansion on Major East-West Trade Routes

Container freight rates dropped sharply after the Chinese New Year of 2025 due to aggressive pricing strategies, supply- demand imbalances, and new alliance...

South Korean Shipbuilding Orderbook Exceeds $138 Billion, Led by LNG Carriers

VesselsValue data reveals a substantial South Korean shipbuilding orderbook, exceeding $138 billion. Leading the orderbook in value is the LNG carrier sector, followed by...

Suezmax Rates Rise, Clean Tanker Market Bottoms, Aframax Tightens

In the East of Suez region, the dirty tanker market is experiencing a shift from long-haul to regional crude oil flows. This change is...

MABUX Reports Continued Increase in Global Bunker Prices, Scrubber Spread Trends

During the 14th week, global bunker fuel prices, as tracked by MABUX, continued their moderate upward trend, reports MABUX on LinkedIn.  Global Scrubber Spread Scrubber Spread...

Mærsk Center Achieves AIP for Methanol Retrofit on Kamsarmax Bulk Carriers

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has announced an Approval in Principle (AiP) for retrofitting conventionally fueled Kamsarmax bulk carriers to...

Mooring Line Failures Plague Veracruz Port Amidst Expansion and Bad Weather

Gard has reported five mooring line failures at the port of Veracruz within the past six months. According to local correspondent Pinedo Abogados, these...

Sustainable Maritime Transport Outlook Presented In Rome

Eni, Fincantieri, and RINA, with support from Bain & Company Italy, unveiled a landmark study in the presence of Italy’s Minister for the Environment...

HD KSOE Secures $176 Million Suezmax Tanker Deal With Sonangol

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of HD Hyundai Group, has signed a contract with Angola’s state-run oil company Sonangol to...

“K” Line CEO Igarashi Outlines Vision Amid Global Challenges

Takenori Igarashi, newly appointed President & CEO of "K" Line, addressed employees at the company's Tokyo headquarters, outlining his strategic vision against the backdrop...