Suezmax freight rates for voyages from Novorossiisk's Caspian Pipeline Consortium (CPC) terminal to the Mediterranean have reached a year high. Several factors contributed to...

Following a decline in the second half of 2024, global VLCC demand has recovered, with utilization rates exceeding 50% since the beginning of 2025,...

Drewry's Intra-Asia Container Index (IACI) has fallen by 2% in the past two weeks, reaching $604 per 40ft container as of March 15, 2025,...

Manual handling tasks on commercial and fishing vessels present a high risk of injury, particularly in challenging weather conditions. These risks stem from activities...

In response to reports of record-low global sea ice cover in February from the EU's Copernicus Climate Change Service, the Clean Arctic Alliance is...

AET Tanker Holdings and Fleetzero have partnered to create what they claim will be the "longest-range" plug-in hybrid electric vessel. The agreement was finalized...

GPA celebrates 80 years as a key player in global trade and Georgia’s economy. Since 1945, GPA has grown into one of the...

GECF’s latest Global Gas Outlook highlights key trends in LNG and hydrogen adoption. LNG-fueled vessels are expected to grow 15% annually until 2030,...

Trade Tech, Inc. is actively preparing for compliance with the UAE’s Maritime Pre-Load Cargo Information (MPCI) Program, which takes effect on June 25,...

High shipping and insurance costs for the Cape of Good Hope route negate discounts on Mediterranean crude, limiting arbitrage trade for Asian refiners. ...

Panama Canal transit fees have decreased by 15% compared to last year due to increased cargo movement capacity. Improved water conditions have allowed...

During a recent event, Panama Canal leaders—including Chairman José Ramón Icaza, Administrator Ricaurte Vásquez Morales, and Deputy Administrator Ilya Espino de Marotta—outlined major projects...

The ABS-classed Liza Unity has made history as the first floating production storage and offloading (FPSO) unit to receive the SUSTAIN-2 notation from the...

Berge Bulk continues to push the boundaries of sustainable shipping, recently retrofitting its 299-meter Newcastlemax bulk carrier, Berge Dachstein, with the Renk Integrated Front-end...

German liner Hapag-Lloyd is undertaking another jumboisation project, upgrading seven vessels built about a decade ago. These ships are being modified at COSCO Zhoushan...

The Port of Helsinki reported a 0.1% decline in total cargo turnover for January-February 2025, reaching 2.23 million tonnes, according to port administration data. Cargo...

FuelEU Maritime sets strict fuel carbon intensity targets, while ETS allows emissions trading. FuelEU mandates cleaner fuels, whereas ETS offers flexibility through allowance...

China plans to allocate 6M-10M tons of new fuel export quotas. Rising tax costs push gasoline and gasoil export losses higher. Chinese refiners...

Newly released video footage has shed light on the recent collision between a container ship and a U.S.-flagged tanker off the coast of Grimsby,...

Hapag-Lloyd has initiated a program to 'jumbo-ise' its Copiapo-class vessels at China's Cosco Zhoushan Shipyard, increasing their capacity from 9,324 TEU to approximately 10,200...