Global Volumes Climb 2.8% in October Amid Softening Price Index
According to Container Trades Statistics Ltd., global container volumes strengthened again in October, rising 2.8% from September and returning above the 16 million TEU...
Global Trade Surges to a Record $35 Trillion as East Asia...
Global trade is projected to grow about 7% this year, adding $2.2 trillion and marking a new all-time high. East Asia, Africa and South–South...
Fed Cuts Interest Rates Again as Markets Rally to New Highs
According to the latest update from Yahoo Finance, the Federal Reserve lowered interest rates by 0.25% at the close of its two-day meeting. The...
US–China Trade Corridor Faces Structural Collapse Amid Long-Term Decoupling Trends
Recent trade data from both the United States and China reveals that the world’s most significant trade corridor is undergoing a fundamental shift. What...
India’s West Coast Leads Bunker Fuel Demand in November Amid Strong...
India’s west coast bunker fuel market remained strong in November, supported by competitive pricing and improved refinery supplies. Key ports such as Mumbai, Kandla,...
Wärtsilä Strengthens Engine Supply Chain Through Strategic Partnership With Siempelkamp Giesserei
Wärtsilä has entered into a strategic partnership with Siempelkamp Giesserei, one of the world’s leading producers of large cast components. The collaboration aims to...
Hengli Heavy Industries Wins Eight-Vessel Order As Global Shipbuilding Momentum Accelerates
Hengli Heavy Industries has secured a major newbuilding package involving eight deep-sea vessels from Greek shipowners Capital and Aegean Bulk, and Norway’s Uthalden. The...
Dry Bulk Market Softens Across Segments As Year-End Approaches
The dry bulk market experienced a softer tone across Capesize, Panamax, and Supramax segments this week, with declining enquiry levels, increasing spot tonnage, and...
Hanwha Partners With U.S. Startup Vatn Systems To Develop Autonomous Underwater...
South Korean conglomerate Hanwha Group has joined forces with U.S.-based defense startup Vatn Systems to develop advanced autonomous underwater drones for the U.S. Navy....
Weekly Tanker Market Outlook — Week 49
VLCC
According to Fearnlets, The VLCC market held steady through Week 49, with MEG–East trades still sitting in the low W120s. Rates today look almost...
Intermodal: Shifting Soybean Trade Reshapes Dry Bulk Patterns
According to Safety4Sea, global soybean flows are changing and reshaping dry bulk activity. Soybeans continue to drive Kamsarmax demand on the Brazil–China and US–China...
Lords Committee Criticises Delays in Implementing Marine Accident Recommendations
The House of Lords Secondary Legislation Scrutiny Committee has raised concerns about long-standing delays in acting on safety recommendations linked to marine accidents. Its...
Global Shipping Outlook Signals a Tougher 2026, Says Fitch Ratings
A new sector outlook highlights a challenging year ahead for global shipping in 2026. Geopolitical tensions, shifting policy landscapes, and softer GDP growth across...
Panama Canal LNG Transits Dip as European Demand Draws U.S. Cargoes
LNG tanker traffic through the Panama Canal declined in November, reflecting a shift in U.S. LNG exports toward European markets, reports Platts.
Only three laden...
India Revamps Shipbuilding Aid Scheme to Boost Domestic Orders
India is moving to ease regulations under its revamped Shipbuilding Financial Assistance Scheme (SBFAS), aiming to convert a recently approved multi-billion-rupee maritime package into...
Middle East Bunker Market Shows Mixed Momentum in November
Fujairah bunker demand dips in Nov.
Oman marine gasoil supply up slightly.
Iraq’s southern ports maintain robust bunker activity.
Bunker fuel availability in Fujairah...
NYK Unveils Next-Gen Car Carrier with Full Marine DX Suite
NYK has ordered a next-generation pure car carrier from Shinkai Toyohashi Shipbuilding in Japan, equipped with an AI-enabled autonomous navigation suite and an expanded...
CMA CGM’s ‘She Sails’ Initiative Doubles Women at Sea in Just...
Maritime freight and logistics provider CMA CGM says it has doubled the number of female seafarers working on its vessels, one year after launching...
Lessons Learned: Dropped Pallet During Cargo Transfer
A plastic pallet loaded with plastic lube oil drums fell while being hoisted, reports an IMCA Safety flash.
What happened?
During transfer of lube oil drums...
Gdańsk Leads the Pack as EU Port Rankings Shift in Q3...
Gdańsk records the strongest growth in Europe.
Southern hubs lose momentum as the centre of gravity shifts
New challengers are rising fast toward...
