Capesize Freight Rates to Rise on Tight Supply and Strong Demand
Limited Fleet Growth and Robust Commodity Demand Support Capesize Market.
Ageing Fleet and Low New Orders Boost Long-Term Capesize Earnings Outlook.
Iron Ore...
World’s Largest Container Vessel Calls at South Asian Port for the...
World’s Biggest Boxship Arrives at Vizhinjam Amid Port Congestion.
MSC Irina Anchors Off Kerala Coast, Berthing Expected by June 8.
Captain from Kerala...
Europe–Far East Trade Drives Container Fleet Growth in 2025
Far East–Europe Trade Absorbs 31% of New Capacity.
Far East–Europe Route Sees 40.8% Growth in Two Years.
24.4% of Global Fleet Now Serves...
Greek Shipowners Reduce Orders but Gain Market Share in 2025
Greek Shipowners Prioritise Strategy Over Volume.
Tankers and Containerships Dominate Greek Orders.
Tankers Show Stable Fundamentals, Containerships Normalise.
The global newbuilding market has hit...
IHMA and UNCTAD Partner to Boost Port Capacity
The International Harbour Masters Association (IHMA) and UNCTAD’s TrainForTrade Programme have signed a memorandum of understanding (MoU) to advance training, collaboration, and capacity...
Port of Corpus Christi Completes Key Channel Upgrade, Boosting U.S. Energy...
The Port of Corpus Christi has marked the near-completion of its Channel Improvement Project (CIP), a major infrastructure initiative deepening the Corpus Christi...
VARD Delivers First Vessels With Cybersecurity Notation
VARD, a Fincantieri subsidiary, has delivered the CSOV Grampian Kestrel and CSOV Purus Chinook—two of the world’s first vessels built in compliance with...
Why Shipping’s Low-Carbon Future Relies More On Batteries & Biofuels Than...
Maritime shipping, responsible for ~3% of global emissions, is undergoing a necessary transition to meet international climate targets, driven by regulatory, economic, and...
How Global Tariff Strategies Could Impact Operational Risk Through the Supply...
Ongoing changes in global tariff strategies have significantly disrupted trade patterns, increasing operational risks across supply chains.
Critical threats include cargo abandonment, freight...
Historic Hybrid-Electric Conversion Makes Wenatchee the Largest U.S. Passenger Ferry to...
Vigor Marine completed the hybrid-electric conversion of the ferry Wenatchee, involving major upgrades such as battery installation and advanced propulsion systems.
The project...
KONGSBERG and thyssenkrupp Marine Systems Deepen Partnership Through New Cooperation Agreement
KONGSBERG and thyssenkrupp Marine Systems have formalized a cooperation agreement to support the defence needs of Norway, Germany, and allied nations.
The agreement...
Textainer to Acquire SeaCo in Major Leasing Sector Deal
Textainer has finalized the acquisition of SeaCo, enhancing its fleet diversity and reinforcing its position as the second-largest container lessor globally.
The deal...
Kohzan Maru VII, the Dual-Fuel Methanol Carrier, Delivered Under Mitsubishi Gas...
The Kohzan Maru VII is the first methanol dual-fuel ocean-going vessel chartered long-term by a Japanese company, officially named during a ceremony on...
Lessons Learned: Tow Strike on Bridge Caused by Operator Complacency
On April 23, 2023, an incident involving a towing vessel occurred on the Lower Mississippi River. The event was documented through an official investigation...
ABB Launches AMXE Marine Motor, a Next-Generation Electric Propulsion Solution
ABB has announced the launch of the AMXE Marine Motor, a next-generation electric propulsion solution designed specifically to endure the demanding conditions at sea....
WinGD’s New Global Service to Provide Continuous Lifecycle Support and Original...
Swiss marine power company WinGD has officially launched its comprehensive Global Service offering, significantly expanding its aftercare support for marine engines. Previously, WinGD's direct...
DP World’s Mekong Express: Faster, Greener Cargo Movement in Vietnam
DP World, a leading global port operator, has officially launched the Mekong Express, a new domestic sea-river transport route in Vietnam. This initiative is...
FDA Approves Moderna’s New, Lower-Dose COVID-19 Vaccine, mNEXSPIKE
Moderna announced on Friday, May 31, 2025, that the U.S. Food and Drug Administration (FDA) has approved its new, lower-dose COVID-19 vaccine, mNEXSPIKE (mRNA-1283),...
VLCC Freight Market Sees Negative Close to May Amidst Bearish Sentiment
Despite some mid-May signs of rate stabilization that briefly lifted sentiment, the end of May 2025 paints a decidedly negative picture for the VLCC...
Nor-Shipping Celebrates Alisha Fredriksson’s Rapid Progress in Climate Tech
Fredriksson has now joined an esteemed group of individuals who have previously held this prestigious title. Notably, all former title holders were under the...