Demand outlook tied to global GDP growth. Red Sea crisis resolution by 2026 is critical for balance. Scraping is expected to remove 13%...

In Part 1, we met the gunas — the forces weaving every thought, mood, and action. (Missed...

ABS has granted AiP for VesselWise, a semi-autonomous propulsion optimization technology developed by HD Hyundai Group for LNG carriers. The system integrates propulsion...

VLCC rates surged to unexpected highs in late Q3, driven by shifting arbitrage flows, U.S. Gulf exports, and Saudi supply strength. Segment performance...

Carriers have withdrawn 8% of scheduled sailings between weeks 41–45, with Transpacific eastbound routes most affected. Container freight rates continue to decline, with...

The Hong Kong Convention entered into force on June 26, 2025, introducing stricter global rules for ship recycling. Major maritime nations and leading...

Hanwha Ocean secured a USD 252 million contract to build one LNG carrier for a North American shipowner. The deal accounts for 3.3%...

Rapidly declining Mississippi River levels may restrict barge traffic during peak harvest season. Corn and soybean exports from the Midwest to New Orleans...

The IMO is preparing to decide on the adoption of the Net-Zero Framework (NZF), a landmark package to decarbonize global shipping. The NZF...

ABS granted two AIPs to HD KSOE for advanced LNG and ethane cargo systems. The LNG subcooling refrigeration system boosts efficiency by over...

The share of China-built ships among regular container carriers sailing from Asia to the United States is declining. The industry sees this as an...

A new European strategy to block Russian oil revenue has been announced, with France's detention of a vessel suspected of belonging to Moscow's "shadow...

The Netherlands has urged the European Union to designate the Iran-aligned Houthi group, formally known as Ansar Allah, as a terrorist organization following an...

The container shipping market is experiencing a continuation of declining average spot rates, with the September rate spike on the Transpacific trade now completely...

An overview of minor bulk exports shows a continued year-over-year increase in total tonnage, with a 7% rise in August. However, future vessel demand...

ADNOC Logistics and Services (L&S) has deployed the first AI-powered Smart Port Solution in the GCC region to significantly optimize operations across its petroleum...

A new hydrogen-powered straddle carrier from Konecranes is being tested in collaboration with HHLA at the CTT terminal, marking a milestone in sustainable port...

Lloyd’s Register (LR) has entered into a landmark agreement with Oceanco to provide classification and certification services for what is set to become the...

NYK Stolt Tankers, S.A., a joint venture between NYK and Stolt Tankers Limited, has signed a new shipbuilding contract with Nantong Xiangyu Shipyard in...

International Container Terminal Services Inc. (ICTSI) has been recognized as the Philippines’ top company for intangible asset intensity in the 2025 Global Innovation Index....