According to an economist interviewed by CNN, the recently announced US tariffs, revealed on "Liberation Day," are projected to impose a $5,000 annual cost...

The shipping industry is seeing a trend where ship owners may be underutilizing their potential to increase freight rates. This could be due to...

In the Western Australia region, there's a notable level of inquiries for cargo shipments scheduled for mid-April. Additionally, some operators are already seeking vessels...

The first quarter of 2025 has set a historic low for newbuilding orders in the bulk carrier segment, measured in deadweight tonnage (dwt). With...

One of the standout features of Kongsberg Maritime’s latest maritime innovation is its DC electric system, which offers significant advantages over traditional AC systems....

This report outlines Taiwan's newly implemented procedural restrictions on ship arrivals and departures associated with China, effective March 31. The measures, introduced amid recent...

AD Ports Group (ADPORTS:ADX), a global leader in trade, transport, logistics, and industry, reported record-breaking revenue and profit growth in its 2024 Annual Report....

TSUNEISHI SHIPBUILDING has successfully launched Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine (ICE) on March 28, 2025, at the TSUNEISHI Factory....

Geopolitical tensions disrupt global shipping, affecting trade routes, freight rates, and market stability. Tankers benefit from longer distances, while bulkers see moderate gains;...

North Sea Container Line (NCL), in collaboration with Elkem ASA and MPC Container Ships ASA (MPCC), has launched NCL Vestland, a methanol dual-fuel...

Miki Yano has been promoted to chief engineer, becoming the first woman in NYK’s 140-year history to achieve this rank. Since joining NYK...

The Swedish Club introduces a seasonal Iceberg Alert within its Trade Enabling Loss Prevention (TELP) system to enhance maritime safety by providing real-time...

The $1 million USTR fee on Chinese-operated vessels could increase LPG freight rates by 25%, adding $26–$37/mt to transport costs for key Asian...

CCFI falls to 1,112 as spot rates hit record lows. SCFI drops 46%, the biggest Q1 fall since 2009. Europe and Med rates...

The S8 route recovers with a sharp rate increase. Vessel shortage lifts rates as supply tightens. S11TC climbs higher nearing November levels.. The Supramax...

China prevents CK Hutchison’s port deal to retain control. Losing ports weakens China’s global influence. Sale risks China’s control of key trade routes. Beijing's...

The administration is still debating between targeted reciprocal tariffs and a global tariff. Upcoming tariff deadlines have triggered a surge in ocean freight...

More than 240 people on board a luxury cruise ship have fallen ill with the highly contagious norovirus stomach bug. The US Centers...

MPC Container Ships, in partnership with North Sea Container Line AS (NCL) and Elkem ASA, celebrated the christening of NCL VESTLAND in Haugesund,...

Alfa Laval has completed the acquisition of UK-based NRG Marine, which supplies ultrasonic anti-fouling technology for marine, oil and gas, and industrial applications, reads...