Drewry's World Container Index drops 9% for second week Shangai-US West Coast shipping rates dive to $2,500 from $6,000 US Fed Chief Powell...

Shipping costs for the Gulf have fallen after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping...

The Baltic Exchange’s Gas Report for Week 26 (ending June 28, 2025) presents a mixed landscape in the global gas shipping sector, with LNG...

A serious maritime security incident unfolded on June 26, 2025, in the Singapore Strait, where four individuals, including one reportedly armed with a gun-like...

Mitsui O.S.K. Lines (MOL) has announced that it refuelled its operated coal carrier Hokulink with B30 biofuel at Yeosu Port, South Korea. MOL tests B30...

With the 90-day pause in tariffs imposed by the USA set to end on 8 July, only a deal with the UK has been...

China's first hydrogen-electric tugboat, the Hydrogen-Electric Tug No.1, was officially put into service at Qingdao Port, east China's Shandong Province, reports Fuel Cells Works. Beidou...

The International Maritime Organization (IMO) has formally agreed to start the revision of outdated regulations for nuclear-powered ships. IMO agrees outdated regulations revision The 110th...

BIMCO forecasts up to 16,000 ships (700 million DWT) could be recycled over the next decade, doubling the number from the past 10...

Hanwha Ocean’s OT cybersecurity solution for FPSOs has received Approval in Principle (AIP) from ABS. Developed with SIGA Data Security, the system enhances...

ABS published a new technical paper that provides analysis of the offshore technologies supporting carbon capture and storage (CCS), a much-publicized approach to support...

Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered at the Ancona...

Mawani signed 20-year privatization contracts for multipurpose cargo terminals at eight Saudi ports under a Build-Operate-Transfer model. Saudi Global Ports and Red Sea...

Port Expands Global Links with Faster, Smarter Logistics. Sea-Rail and China-Europe Express Boost Inland Connectivity. Smart Port Tech Advances Automation and Efficiency. As of...

The 2025 ISSS will focus on industry-wide collaboration, digitalisation, and crew management challenges. CEOs from leading shipowning and shipmanagement firms will share insights...

July Blank Sailings to Drop 44% as Carriers Cut Transpacific Capacity. Transpacific Routes Account for Nearly Half of All Blank Sailings. Schedule Reliability...

Capital Maritime, led by Evangelos Marinakis, has exercised a newbuild option for a VLCC at Hanwha Ocean, bringing the company’s total VLCC investment...

Knutsen LNG France has taken delivery of the 174,000 cbm LNG carrier Mraikh from South Korea’s HD Hyundai. The vessel will officially join...

Global shipping demonstrates strong resilience in H2 2025, with shipping asset values staying high amid ongoing geopolitical and economic challenges. China maintains its...

Bank of China (BOC) and PICC Group launched a comprehensive action plan on June 19 to strengthen Shanghai’s role as an international shipping...