Tanker Market Weekly Update – August 28, 2025
Cascading regulatory costs continue to weigh on the shipping industry, with IMO, EU, and regional rules raising compliance expenses.
Crude and product tanker...
Lessons Learned: Cargo Vessel Steering Failure Results in Contact with Moored...
This report, based on findings from the National Transportation Safety Board (NTSB), summarizes a marine collision involving a cargo vessel that lost steering control...
Port of Auckland Sees 5% Volume Increase, Plans Major Infrastructure Investments
Port of Auckland posted a record UNPAT of $85.4 million, up 55% from the previous year.
Container volumes rose 5%, reflecting improved efficiency...
U.S. Maritime Infrastructure Gains $679 Million from Wind Project Cuts
$679 million in funding for 12 offshore wind projects has been withdrawn and redirected.
Humboldt Bay Offshore Wind faced the largest cut, losing...
Alphaliner Reports 2.8 Mteu Net Addition to Container Fleet Since 2024
The container ship orderbook has exceeded the 2008 record, reaching over 7.19 Mteu.
Since mid-2024, nearly 600 newbuildings have been contracted, adding around...
Tanker Market Weekly Update Mixed Trends Across Vessel Segments
The tanker market showed a mixed performance this week, with steady gains in some clean product segments, slight corrections in others, and diverging trends...
Dry Bulk Market Weekly Update Mixed Sentiment Across Sectors
The dry bulk market showed a varied performance this week, with some segments seeing steady gains while others softened under midweek pressure. Strong miner...
The Chinese Maritime Code And Cargo Claims Legal Principles And Practical...
Since its enactment in 1993, the Chinese Maritime Code (CMC) has served as the cornerstone of maritime transport law in China. Closely aligned with...
Pirate Attack Thwarted Off Togo With Timely Naval Support
Piracy remains a persistent threat in the Gulf of Guinea, but coordinated naval efforts have significantly reduced the risks in recent years. A recent...
Maritime Captain Faces Arrest Warrant After Missing Court Hearing In Washington...
A recent case in Washington State has raised concerns about accountability and safety in maritime operations. A vessel captain is now subject to a...
Turkish Port Restrictions On Israel-Linked Ships Threaten Regional Trade
Reports of Turkish restrictions on vessels linked to Israel or those that have previously called at Israeli ports are raising alarms across the shipping...
[Watch] How do Autonomous Ports Work?
Do you know there are many autonomous container ports around the world? Let's understand how autonomous ports actually work without humans.
Marine Insight explains different...
New EU Regulation Revamps Marine Equipment Standards Starting Sep 2025
The European Union has introduced several new marine equipment items under the updated Implementing Regulation (EU) 2025/1533. These additions aim to enhance safety and...
Scottish Brothers Break Record in Epic Pacific Row
Three Scottish brothers have accomplished what few would dare attempt—completing a record-breaking row across the vast Pacific Ocean. Launching from the coast of Peru...
Baltimore Channel Reopens After Fiery Ship Blast and Debris Recovery
On the evening of August 18, an explosion occurred aboard a vessel departing the Baltimore harbor, sending flames and thick black smoke into the...
Shipping Surge a Mirage as U.S. Import Collapse Looms
Recent data showing a year-over-year increase in U.S. container imports during July has raised hopes of a recovery in the shipping sector. However, the...
Shadow Tankers Navigate Sanctions to Keep Oil Flowing
Growing pool of tankers serving West’s geopolitical rivals.
Profit-chasing magnates operate ‘state-tolerated’ flexible fleet.
Old, uninsured tankers threaten marine environments.
Russia, Iran and Venezuela...
Crew Safe After Bulk Carrier Hits Explosive Device Off Chornomorsk
A civilian bulk carrier sustained minor damage after an incident involving an explosive device near a major Ukrainian seaport. The crew was reported to...
New-Generation Chemical Tanker Under Construction at Wuchang Shipbuilding
On August 29, Wuchang Shipbuilding Industry Group (WS) began construction on a new 25,900 DWT stainless steel chemical tanker for SC Shipping. This vessel...
Container Spot Rates Face Downward Pressure as Demand Softens
Container spot freight rates are currently experiencing declines on major East-West trades due to a combination of weak demand and excess supply. However, there...
