Secure Release Order to Replace PIN System at German Ports
PIN-Based Container Release to Be Replaced by Digital Authorisation.
Secure Release Order Ensures Traceable and Exclusive Pick-Up Rights.
Maersk Adopts 'German Ports' Platform...
Drewry Records Weekly Shipping Gains Led by LPG and Crude Tankers
Port and terminal equities posted solid gains, led by Global Terminal Operators rising 4.1% in a strong week for the sector.
Container shipping...
New EU Sanctions Target Russian Crude Sales, Shipping Fleet, and Chinese...
EU and UK ramp up sanctions by introducing a flexible oil price cap and blacklisting 105 vessels from Russia’s shadow fleet.
New measures...
From Paradise to Pandemic: Cruise Vacation Marred by ‘Mystery’ Illness
What was meant to be a relaxing luxury cruise quickly turned into a health emergency after more than 140 people on board fell ill...
Baltic Exchange Launches 2025 Global Shipping Hub Rankings
The Baltic Exchange has officially launched the 2025 edition of the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) during the China Maritime Day Forum...
Blank Sailings Drop but Overcapacity Keeps Rates Under Pressure
Global Container Market Volatile as US Imports Slow.
Transpacific Demand Weakens, Freight Rates Fall 5%.
Drewry Index Slides 3% Amid Persistent Overcapacity.
The global...
Suez Canal Revenues Fall 63%, IMF Forecasts Further Decline
Egypt Loses $6 Billion as Red Sea Crisis Cuts Canal Traffic.
IMF Warns of Further Revenue Drop for Egypt’s Suez Canal.
Ship Rerouting...
Fire Erupts on Cargo Ship ‘FWN Adriatic’ in Port of Antwerp,...
A fire erupted on a cargo vessel docked near Antwerp’s Noordkasteel bridge on 16 July, producing heavy smoke and prompting emergency alerts to...
Yang Ming Rolls Out LNG Dual‑Fuel Orders in Partnership with Hanwha...
Yang Ming has approved the construction of seven 15,000 TEU LNG dual-fuel containerships from Hanwha Ocean, with deliveries scheduled between 2028 and 2029.
...
Analysts Predict Container Shipping Overcapacity to Persist Until 2028
Liner overcapacity is expected to average 27% through 2028, driven by heavy newbuilding orders and a sharp decline in vessel demolition.
Smaller vessels—particularly...
Bahamas Maritime Authority Flags Sanctions Risks for Ships Linked to Russia
The Bahamas Maritime Authority (BMA) warns that Bahamian-flagged vessels linked to Russian ownership, trade, or financing risk removal from its ship registry if...
ICS Calls for Clearer Rules and Incentives in IMO’s Net-Zero Strategy
The IMO has agreed to the first global emissions pricing system for international shipping under the Net-Zero Framework (NZF).
ICS fully supports the...
India Targets Leadership in Green Marine Fuel to Meet Rising Global...
Green methanol and ammonia are emerging as key transition fuels for shipping, with methanol gaining early adoption due to ease of use and...
Asia–US West Coast Freight Rates Fall 24% as US Tariffs on...
US tariffs on EU and Mexican goods are expected to raise import costs and sourcing volatility.
Ocean freight rates continue to drop due...
Drewry Reports 2.6% Drop in World Container Index and Transpacific Rates
Drewry’s World Container Index declined 2.6%, marking the fifth straight weekly fall.
The earlier rate surge linked to US tariffs in April has...
PSA Antwerp Joins Zero Emissions Port Alliance
PSA Antwerp has joined the Zero Emissions Port Alliance to support decarbonization in terminal operations.
The company is exploring fully electric straddle carriers...
Chinese Shipbuilders See Market Share Slip to 52% in H1 2025...
China’s shipbuilding share dropped to 52% as USTR port fees on Chinese-built vessels raised concerns.
Global ship contracting slowed sharply in early 2025,...
New Fast-Track Shipping Route Launched Between Guangzhou and LA
Guangzhou has launched its first direct express shipping route to the Port of Los Angeles, cutting transit time to 14 days.
The route...
Container Shippers Likely to Wait and Watch on EU and Mexico...
US importers are expected to delay non-urgent shipments amid uncertainty over 30% tariffs on imports from the EU and Mexico.
A short-term decline...
Anemoi’s Breakthrough in WAPS Verification Aims to Unlock Greater Decarbonization Potential
Anemoi Marine Technologies, a leader in wind-assisted propulsion (WAPS) technology, has unveiled a new, more efficient, and accurate method for verifying the in-service performance...
