A.P. Moller-Maersk has adjusted its container volume forecast for the year, now projecting a range from a 1% decline to a 4% increase,...

The VLCC market is seeing an increase in the nominal fleet size, but the effective capacity is growing at a slower rate due...

Berge Bulk has installed a carbon capture system on its 63,000 DWT Ultramax vessel, Berge Yotei, as part of its Maritime Marshall Plan...

A US-Houthi ceasefire announced on May 6 aims to end attacks on US vessels in the Red Sea and Bab al-Mandab Strait, easing...

The first ships carrying Chinese goods under the new 145% US tariff have arrived, triggering a steep drop in imports and fears of...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Robotics, Persona AI, and Vazil Company signed an agreement to work together on...

The Trump administration is exploring a proposal to establish an international shipping registry in the U.S. Virgin Islands (USVI), aiming to expand the American-flagged...

The Port of New York and New Jersey has reported impressive growth in cargo volumes for March 2025 and the first quarter overall. With...

The Mission to Seafarers' Seafarers Happiness Index (SHI) for Q1 2025 has reported a slight increase in overall seafarer satisfaction, rising to 6.98/10 from...

At the 19th International Architecture Exhibition of the Venice Biennale, Fincantieri, newcleo, and Pininfarina revealed a pioneering vision for the future of sustainable nuclear...

Greek shipping company Pyxis Tankers is preparing for a strategic fleet expansion after signing a commitment letter for a bank loan of up to...

In a strategic move toward achieving net-zero carbon emissions, NYK has entered a three-year agreement with Swiss climate tech company Climeworks to purchase a...

During scheduled monthly inspections of an elevator on a large vessel, unplanned upwards movement of the elevator caused someone to get their foot to...

NatPower H and HyNaval have signed a memorandum of understanding (MoU) to collaborate on the development of innovative maritime decarbonization solutions through the...

In this Freight Loop, Drewry analyses the effects of tariffs on the surge of ’cancelled sailings’ and carrier capacity - and provide insight into...

Drewry’s World Container Index decreased 1% to $2,076 per 40ft container this week. Detailed assessment for Thursday, 08 May 2025 The Drewry WCI composite index...

Maersk reports revenue growth of 7.8% to USD 13.3bn with EBIT increasing to USD 1.3bn from USD 177m a year ago. These results...

A CO2 tanker allided with the center wall of a Brunsbüttel lock in the Kiel Canal, Germany, reads a Marine Traffic article. Tanker collides with...

The U.S. energy industry is expressing significant concerns regarding a new rule that would mandate an increasing percentage of liquefied natural gas (LNG) exports...

Port Industry Challenges and Growth Discussed at SAAM Event in Iquique. Dialogue, Leadership, and Strategy at the Core of SAAM’s Port Gathering. SAAM...