Capesize Dominates Dry Bulk Freight Gains, Panamax and Ultramax Markets Show...

The dry bulk shipping market witnessed a dynamic week, with Capesize vessels leading a robust rally, while Panamax and Ultramax/Supramax segments experienced more mixed...

VLCC and Suezmax Rates See Welcome Upturn, Bolstering Crude Tanker Earnings

Last week has brought a positive shift in the LR2 (Long Range 2) tanker freight market in the Middle East Gulf (MEG), with rates...

Combating Cargo Abandonment: How Operators Can Identify Risks, Vet Clients, and...

Abandoned cargo poses a persistent and costly challenge for transport and logistics operators globally. These issues arise from various factors, including commercial disputes, consignee...

Europe’s Busiest Cruise Port Barcelona to Scale Back Amid Overtourism Concerns

The Port of Barcelona, currently recognized as Europe's busiest cruise port, is set to scale back its passenger terminal capacity significantly by 2030. This...

60-Year-Old Farmer Builds Submarine by Hand

Zhang Shengwu, a 60-year-old farmer from Maanshan, Anhui province, has stunned many by single-handedly building a functional submarine named Big Black Fish. His journey from...

GTT Strategic Ventures Invests In CorPower Ocean To Advance Wave Energy

GTT Strategic Ventures, the investment arm of the GTT group, has joined the second close of the Series B funding round for CorPower Ocean,...

CSSC Shipping Orders Two Newcastlemax Bulkers To Boost Dry Bulk Fleet

CSSC Shipping, the Hong Kong-listed leasing arm of China State Shipbuilding Corporation, has expanded its dry bulk fleet with an order for two newcastlemax...

Insetting Can Speed Up Shipping Decarbonisation But Needs Strong Guardrails

A new analysis by the UCL Energy Institute, supported by UMAS, reveals that voluntary insetting schemes could play a crucial role in decarbonising the...

“K” LINE Launches LNG-Fueled Car Carrier Tethys Highway

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) welcomed the delivery of Tethys Highway, a next-generation car carrier with a 6,900-vehicle capacity. Powered primarily by liquefied...

Greek Tankers Reroute Russian Oil Via Africa Amid Red Sea Threats

Amid escalating security threats in the Red Sea, several Greek-managed oil tankers transporting Russian crude to Asia have rerouted via Africa's Cape of Good...

Gas Market Split: LNG Cools While LPG Heats Up in Week...

The Baltic Exchange gas market report for Week 29 of 2025 reveals diverging trends across LNG and LPG freight, with liquefied natural gas rates...

Container Liner Rankings Shake Up as Italy and UK Climb in...

The latest mid-2025 update to the global rankings of container liner carriers by country shows some notable changes, reflecting shifts in fleet strategies and...

Sanfu Unveils Methanol-Powered Feeders for North Sea Green Corridor

Sanfu Shipyard delivered two advanced 1,300 TEU methanol dual-fuel container feeders to MPC Container Ships and North Sea Container Line. The vessels are...

US Lawmakers Propose Twin Bills to Tackle Maritime Pollution

Senators Alex Padilla and Sheldon Whitehouse reintroduced two bills earlier this month to curb shipping emissions, this time with broader support from lawmakers in...

MPCC Charts a Greener Course with $228M Newbuild Orders

MPCC has ordered four dual-fuel-ready 4,500 TEU vessels for delivery in 2027, each secured with long-term charters expected to generate $140 million in...

Global Maritime Leaders Chart a Greener, Smarter Future

In mid-July 2025, the China Classification Society (CCS) hosted a major international summit in Beijing, bringing together over 80 representatives from global maritime organizations,...

Navigator and Amon Partner on Ammonia-Fuelled Carrier Joint Venture

Two New Ammonia Carriers Ordered in Navigator–Amon Joint Venture. Navigator Takes 80% Stake in Green Shipping Partnership with Amon. $168 Million Deal Signed...

BIO-UV Urges Action as BWTS Failures Rise Ahead of 2025 Inspections

Over 30% of Vessels Failing D-2 Compliance Despite Type-Approved Systems. Routine Maintenance and Crew Training Key to BWTS Performance. 2025 PSC Campaign to...

Russian Oil Imports Decline as U.S. Pressure Mounts on Asian Buyers

. India and China Reduce Russian Crude Imports Amid U.S. Pressure. No Formal Ban, But Market Pricing Drives Import Decline. Urals Discount Narrows as...

Rosmorport Issues $39.5 Million Tender for Underwater Ship Inspections

New Inspection Drive Targets Explosives Below Ship Hulls in Baltic Ports. Tender Split into Four Contracts Covering Key Russian Baltic Terminals. Eco Wizard...