Saudi Ports Authority Collaborates With Lloyd’s Register To Enhance Port
The Saudi Ports Authority (MAWANI) has entered into a strategic partnership with Lloyd's Register to unify operational and maritime procedures across Saudi ports. This...
Ship Recycling Markets Reflect Fragile Stability Amid Global Economic Changes
The global ship recycling market is navigating a complex landscape, influenced by geopolitical developments, domestic challenges, and fluctuating steel prices. Despite uncertainties, a sense...
Flex LNG Secures New 15-Year Time Charter for Flex Constellation
Flex LNG Ltd. has announced a new 15-year Time Charter Agreement (TC) for the Flex Constellation, a state-of-the-art LNG carrier, starting in 2026. This...
Energy Shipping Market Update: LNG and LPG Trends and Challenges
LNG spot market gains: Slight increases in rates for 174cbm vessels due to rising cargo demand and tighter tonnage supply, but overall freight...
Weekly Cancelled Sailings Tracker: Snapshot of Blank Sailings
This weekly update by Drewry provides an overview of blank sailings in major East-West trade lanes, including Transpacific, Transatlantic, and Asia-North Europe/Med routes. The...
China’s Energy Transition: Impacts on Dry Bulk Shipping
The global energy transition is reshaping the dry bulk shipping industry, especially in China, through shifts in energy demand, industrial processes, and trade flow...
A Treasure Trove Recovered: Stolen Shipwreck Gold Returned
A group of gold coins, worth over a million dollars, stolen from a historical shipwreck off the Florida coast in 2015, has been recovered....
Sailing Towards a Greener Future
Yann Jourdan, a former captain of fuel-powered cargo ships, now captains a sailboat that uses wind energy. He believes that his current job, while...
Damen’s Electric Tug Powers Sustainable Port Operations
Damen Shipyards Group has delivered six tugboats to the Port of Antwerp-Bruges, including one fully electric tug, marking a significant step towards sustainable port...
NYK And KNCC Collaborate On LCO2 Carrier Project
NYK and KNCC are collaborating with Nihon Shipyard to conduct a feasibility study for building a 40,000 cubic meter LCO2 carrier. This vessel will...
New LNG Carrier Joins NYK Fleet
NYK has taken delivery of a new LNG carrier, Quest Kirishima, built by Samsung Heavy Industries. This vessel will be chartered to Q United...
UK Considers Including Shipping In Emissions Trading Scheme
The UK government is considering including the shipping sector in its Emissions Trading System (ETS) from 2026. This move aims to further reduce carbon...
Navigating The Complexities Of Container Port Operations
Container ports play a crucial role in global trade by handling millions of tons of cargo. These ports are responsible for various activities, including...
Tanker Market Weekly: Mixed Movements Across Sectors
Tanker rates fluctuate; LR2 and Suezmax improved on strong demand, while VLCC and Aframax faced significant rate declines due to holiday disruptions and subdued...
Shipping Markets Weekly: Rate Declines Amid Uncertainty
Capesize, Panamax, and Handysize segments faced significant rate drops due to oversupply, muted demand, and weather disruptions, while minimal optimism emerged from Indian Ocean...
COSCO Shipping Adds New 6,300DWT Chemical Tanker To Fleet
Designed by the China Shipbuilding Group's subsidiary 708 Research Institute, the newbuild has an LOA of 110.5 metres, a beam of 17.3 metres, a...
S. Korean Shipbuilders Lead Hybrid Ship Boom
This year, hybrid ships account for 60% of orders received by South Korea’s five major shipbuilders, including HD Hyundai Heavy Industries (HHI), HD Hyundai...
MSC Group Completes Acquisition Of Minority Stake In HHLA
Port of Hamburg Beteiligungsgesellschaft SE, a subsidiary of the MSC Group, today announced the successful completion of its voluntary public tender offer for the...
Singapore’s ex-wharf HSFO Market Slows as Stockpiles Rise
Downstream Hi-5 spread narrowest since June
China's teapot refineries' appetite limited
The Singapore ex-wharf 380 CST high sulfur fuel oil term contracts for December's...
Sirius Shipping Unveils New Evolution 8K Vessels With Advanced Sustainability Features
Sirius Shipping has announced the addition of new Evolution 8K vessels to its fleet, marking a significant milestone in its commitment to sustainability, operational...
