Hapag-Lloyd Commits to 22 New Small Ships as Market Volatility Persists
Volatile Market Driven by Tariffs and Geopolitical Risks.
Group Revenue Rises 2.1% to €14.4 Billion.
Earnings Forecast Narrowed for Full Year.
The company has...
Hong Kong Sets Course for Sustainable Growth in Global Maritime Industry
Hong Kong Ranked Fourth Globally in the Shipping Index.
Maritime Cluster Expands With New Service Launch.
Tax Concessions Aim to Boost High-Value Maritime...
Asia–US Container Rates Slide as Capacity Expands
Market Sentiment Supports US West Coast Spot Rates.
Freight Forwarder Discounts Narrow Further.
Drewry and SCFI Signal Softer Container Pricing.
Container rates from Asia...
Iran Confirms Seizure of Oil Tanker in Gulf of Oman
IRGC Says Cargo Confiscated Under Judicial Order.
Iranian Media Claims Illicit Petrochemical Transfer.
US Central Command Calls Seizure a Violation of International Law.
Iran...
Fujairah Bunker Market Sees Continued Decline in October
Singapore Bunker Demand Eases Year on Year.
180 CST VLSFO Drops Sharply but Gains Month on Month.
380 CST VLSFO Slightly Lower on...
Amogy and Samsung Heavy Industries Sign Multi-Year Deal to Manufacture Ammonia-to-Power...
Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Samsung Heavy Industries (SHI) today announced a multi-year strategic contract manufacturing partnership for the...
MPCC Secures Third Newbuild Deal of 2025 With Order for Four...
Order at Jiangsu Hantong Ship Heavy Industry is third shipbuilding contract signed by the Oslo-listed owner this year.
MPCC Orders Four New 4,500 TEU Boxships
MPC...
Winter Ice Disrupts Shipments as Arctic LNG 2 Slashes Production
Russia’s sanctioned Arctic LNG 2 plant has started curbing gas production after reaching records in October, as the buildup of winter ice makes exports...
IMCA Unveils New Biodiversity Guidance to Advance Nature-Positive Marine Operations
The International Marine Contractors Association announced new guidance designed to help offshore and marine contractors better understand and manage their impacts on marine biodiversity....
NGOs Demand Zero-Carbon Shipping: Decarbonisation Tops Agenda at COP 30
At COP 30, a coalition of leading maritime NGOs has urged governments to ramp up their efforts to decarbonise shipping, warning that current commitments...
From Cape to Canal: Tanker Trade Flows Poised for a Major...
Gibson Shipbrokers noted this week that a tentative ceasefire between Israel and Hamas has renewed expectations that Red Sea transits might gradually return to...
Świnoujście Port Achieves First-Ever Ship-to-Ship LNG Bunkering Operation
Świnoujście Port in Poland has completed its first ship-to-ship (STS) LNG bunkering operation, according to Bunker Market. The milestone took place on 11 November...
Middle East Bunker Fuel Trends: Stronger HSFO and MGO Demand in...
S&P Global Commodity Insights reports that bunker fuel demand across several major Middle Eastern ports was stable to firmer during October, driven by strong...
About 50 Looters Board & Rob a Barge Anchored Off the...
According to Marine Insight, approximately 50 individuals boarded a cargo barge anchored around three miles off the Bahamas on 13 November, following a mechanical...
Interview: SSI CEO on How Steel Circularity Could Drive Maritime Decarbonization
S&P Global Commodity Insights reports that Ellie Besley-Gould, CEO of the Sustainable Shipping Initiative (SSI), views steel circularity as a major opportunity for decarbonising...
Week 45 Tanker Outlook: Diverging Rates Across Global Routes
The Baltic Exchange’s tanker segment covered several vessel classes this week, with mixed performance across regions and trade routes. The numbers reflect shifting freight...
Baltic Exchange Highlights Dry Bulk Movements in Week 45
The Baltic Exchange reported an active week across the dry bulk market, with several segments showing distinct shifts in momentum as trading patterns evolved...
Gard CEO Rolf Thore Roppestad Takes the Helm as New IG...
The International Group of P&I Clubs has announced the appointment of Rolf Thore Roppestad, CEO of Gard, as its new Group Chair following the...
Cochin Shipyard Lays Keel For Hybrid Electric SOV For North Star...
Cochin Shipyard Limited (CSL) has marked a major milestone with the keel laying of a cutting-edge hybrid electric Service Operation Vessel (SOV) for North...
DNV’s Maritime Forecast 2050 Warns Alternative Fuel Demand Rising Faster Than...
DNV has published the 2025 edition of its Maritime Forecast to 2050, signalling that global shipping is moving into a new and more demanding...
