57 sailings were canceled across East-West trade lanes between weeks 15 and 19, with Transpacific Eastbound routes experiencing the highest share at 53%. ...

Bauxite shipments from West Africa to China are expected to support Capesize freight rates in Q2 2025 after a sluggish start due to...

Sea-Cargo has placed a repeat order with Norsepower to retrofit two more RoRo vessels, MV Trans Hav and MV Trans Sol, with Norsepower...

A Bill of Lading (B/L) is a formal shipping document issued by the carrier that serves three key functions: Contract of Carriage – Establishes...

IMO member states failed to finalize a draft legal text on fuel standards and GHG pricing, delaying expected approval at MEPC 83. The...

Container freight rates dropped sharply after the Chinese New Year of 2025 due to aggressive pricing strategies, supply- demand imbalances, and new alliance...

VesselsValue data reveals a substantial South Korean shipbuilding orderbook, exceeding $138 billion. Leading the orderbook in value is the LNG carrier sector, followed by...

In the East of Suez region, the dirty tanker market is experiencing a shift from long-haul to regional crude oil flows. This change is...

During the 14th week, global bunker fuel prices, as tracked by MABUX, continued their moderate upward trend, reports MABUX on LinkedIn.  Global Scrubber Spread Scrubber Spread...

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has announced an Approval in Principle (AiP) for retrofitting conventionally fueled Kamsarmax bulk carriers to...

Gard has reported five mooring line failures at the port of Veracruz within the past six months. According to local correspondent Pinedo Abogados, these...

Eni, Fincantieri, and RINA, with support from Bain & Company Italy, unveiled a landmark study in the presence of Italy’s Minister for the Environment...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of HD Hyundai Group, has signed a contract with Angola’s state-run oil company Sonangol to...

Takenori Igarashi, newly appointed President & CEO of "K" Line, addressed employees at the company's Tokyo headquarters, outlining his strategic vision against the backdrop...

The International Maritime Organization (IMO) has expanded its Compendium on Facilitation and Electronic Business following the 49th meeting of its Facilitation Committee (FAL 49),...

The International Maritime Organization (IMO) and the International Tribunal for the Law of the Sea (ITLOS) held a joint workshop on March 28 at...

Order targets packages under $800 from China and Hong Kong Order effective May 2 Carriers must report shipment details to U.S. Customs and...

Stena Line has unveiled a new concept roro vessel design. Dubbed the Stena Futuro, the vessel’s designers claim the ship can slash energy usage...

Drewry’s World Container Index increased 2% to $2,208 per 40ft container this week. Detailed assessment for Thursday, 03 April 2025 The Drewry WCI composite index...

NYK and its partners have signed a memorandum of understanding (MoU) to develop an offshore floating data center powered by 100% renewable energy. ...