Panamax Market Surges in Atlantic Amid Tight Tonnage, While Capesize Rates...

The dry bulk shipping market experienced a mixed week. While the Capesize sector saw some weakness, the Panamax market, particularly in the Atlantic, showed...

After a Downward Turn, VLCC and Suezmax Rates Find Renewed Strength...

LR2 freight in the MEG continued to track downward this week. The TC1 75kt MEG/Japan index dropped from WS143.06 to WS137.5. A TC20 90kt...

mCDR Coalition Unites Science, Conservation, and Industry to Scale Ocean-Based Carbon...

The Marine Carbon Dioxide Removal Coalition (mCDR Coalition) is a new international forum dedicated to advancing the responsible growth of marine-based carbon removal technologies....

CII Proposes Sweeping Reforms to Accelerate India’s Economic Transformation

The Confederation of Indian Industry (CII) has proposed a list of over 250 recommendations across 14 areas to boost economic growth and usher in...

Imports Weaken But Exports And Domestic Volumes Drive NWSA’s Performance

The Northwest Seaport Alliance (NWSA) has released its July 2025 cargo statistics, highlighting a 3.5% month-over-month increase in full international imports but an 11.4%...

South Korea Revises Eco-Friendly Ship Certification To Boost Green Shipping

South Korea’s Ministry of Oceans and Fisheries (MOF) has announced revisions to its Eco-Friendly Ship Certification System, effective 21 August. The changes aim to...

ATSB Probes Bulk Carrier Propulsion Failure Off New South Wales Coast

The Australian Transport Safety Bureau (ATSB) has launched an investigation into a serious marine incident off the coast of New South Wales after a...

Germany Pioneers Sustainable Ship Recycling With New Facility In Emden

Germany is taking a major step toward sustainable maritime practices by establishing a state-of-the-art ship recycling facility in Emden. This initiative will eliminate the...

Manipulation Of AIS Data By Shadow Fleet Tankers

The Automatic Identification System (AIS), which plays a crucial role in maritime safety and transparency, is increasingly being manipulated by shadow fleet tankers. These...

Improper Handling Procedures Lead to Concrete Steel Pipe Damage

In a recent incident documented by the Swedish Club, a shipment of concrete steel pipes suffered significant damage during transit. The root cause was...

Shifts In Greek-Controlled Shipping Fleets Trends In 2025

The Greek shipping industry, a cornerstone of global maritime trade, continues to evolve in 2025. The mid-year figures reveal adjustments in fleet numbers, ownership,...

Zim Flags Weak Transpacific Spot Rates for Remainder of 2025

Zim’s freight rates averaged $2,958 per feu in 2Q25, down 17% vs 1Q25 and 12% year on year. 2Q25 throughput totalled 895,000 teu,...

Coast Guard Detains Ship Captain Suspected of Intoxication

A ship captain was arrested in Seattle after being suspected of operating a container vessel while under the influence of alcohol, reports NBC News. Containership...

Sea of Japan Becomes New Hotspot for Russian Oil Spoofing

Eleven spoofing incidents captured since December 2024. All cases involve non-designated shadow fleet vessels. China the most common destination following spoofing event. Since December...

Vanguard and CMA CGM Power Maritime Decarbonization

Vanguard Renewables, a leader in renewable natural gas (RNG) production, has announced a new partnership with the CMA CGM Group, one of the world’s...

World’s Largest Cruise Ship Sets Sail on Maiden Voyage

Royal Caribbean’s Star of the Seas has officially set sail from Florida, marking its maiden voyage as the world’s largest cruise ship alongside...

Global Container Port Growth Shows Mixed Regional Results

Djibouti and Qinzhou Lead with Over 40% Expansion. Tema and Alexandria Emerge as Key African Hubs. Saudi Arabia’s Dammam Posts Strong Double-Digit Growth. Container...

LNG Sentiment Firms Slightly as LPG Rates Weaken

174k Vessels Gain While 160k Performance Mixed. Pacific Routes Provide Modest Support to Earnings. Houston–Flushing Route Weakened by Softer Atlantic Demand. The LNG market...

US–China Tariff Pause Fails to Stop Freight Rate Decline

Trade Deal Uncertainty Persists with 30% Tariffs in Place. Liner Companies Continue Blanking to Stabilise Rates. Freight Rates ex China Show Consistent Downward...

Cyberattack Hits Iranian Oil and Cargo Fleet

National Iranian Oil Tanker Company and Iran Shipping Lines Targeted. 39 Oil Tankers and 25 Cargo Ships Affected. Hackers Breach Systems via Fannava...