MEG Offshore Sector Rebounds Amid Vessel Shortage
Offshore support vessel demand in the Middle East Gulf has closely tracked boom-and-bust cycles driven by oil price swings, LNG developments, and national...
North Korea’s Largest Warship Capsizes During Launch
The country’s largest destroyer overturned during a risky sideways launch in Chongjin, embarrassing state leadership and damaging the vessel.
Kim Jong Un condemned...
India Charts $10B Course to Build Crude Tanker Fleet Locally
India is launching a long-term plan to acquire 112 locally-built crude oil tankers, reducing reliance on foreign-owned fleets.
An investment of ₹85,000 crore...
[Watch] The Freight Buyers’ Club Guide to Shipping Strategy During the...
A strategic update on the US-China tariff truce and its effects on transpacific trade volumes, container rates, and supply chain planning for summer...
Hung Ze Shipping and Dealfeng Partner for Sustainable Maritime Solutions
Hung Ze Shipping will equip its new chemical tankers using route optimization technology from Finnish firm NAPA
The first vessel with the rotor...
BBC Houston Completes First Great Lakes Entry
MV BBC HOUSTON becomes the first “LakerMax” class vessel to complete a round trip through the Great Lakes-St. Lawrence Seaway System.
The vessel...
UK, EU Forge Closer Ties on Carbon Markets and Maritime Security
The UK and the European Commission agreed to link their carbon markets by aligning the UK ETS with the EU ETS.
A new...
Korea-US Shipping Prices Rise After Tariff Pause
Shipping rates from South Korea to the U.S. have surged following a temporary halt in U.S.-China tariffs, with costs rising up to 15%...
ClassNK Report Details Evolving Trends and Challenges in Marine Alternative Fuels
ClassNK has just released the latest version of its comprehensive report, "ClassNK Alternative Fuels Insight (Version 3.0)". This updated publication provides crucial new information,...
Middle East Gulf VLCC Market Sees Upward Pressure Dissipate, Rates Hold...
Towards the end of last week, the stars seemed aligned for the Middle East Gulf (MEG) Very Large Crude Carrier (VLCC) market, with expectations...
Capesize Rates Firming on Tightening Tonnage, While Panamax Softens in Atlantic
The dry bulk shipping market is seeing a reasonable level of inquiries from miners and operators for early June 2025 dates. This indicates a...
Red Sea GPS Jamming and Baltic Sea Standoff Underscore Heightened Operational...
Dryad Global's most recent Maritime Security Threat Advisory (MSTA) has drawn attention to two significant incidents that underscore the increasing complexity of contemporary maritime...
Royal Caribbean’s Star of the Seas, World’s Largest Cruise Ship, Begins...
Royal Caribbean's highly anticipated Star of the Seas, set to become the largest cruise ship in the world, officially commenced its sea trials on...
Prolonged Time at Sea: How to Maintain Seafarer Mental, Physical, and...
Extended deployments at sea are an undeniable reality for many seafarers, with voyages frequently stretching beyond their planned durations. This is often due to...
[Podcast] Women’s Share in Maritime Workforce Drops Despite Higher Numbers
IMO/WISTA Survey Shows Sharp Decline in Female Representation.
Private Sector Female Participation Falls to 16% from 29%.
Women in Mid-Management Halved Since 2021.
The...
Transpacific Rates Climb on China–US Demand Rebound
Asia–US West Coast Rates Up 17% in a Week.
Asia–Europe Spot Rates Rise as Capacity Tightens.
Carriers Enforce GRIs Amid Full Vessel Bookings.
Container...
Fujairah Oil Inventories Surge to 4-Week High
Fuel Oil Stocks Jump 17% to Lead Gains.
Total Product Stocks Cross 20 Million Barrels.
Light Distillates Rise Amid Steady Demand.
Oil product inventories...
EU Enforces Largest-Ever Sanctions on Russia’s Shadow Fleet
Crackdown on Deceptive Oil Tankers Intensifies.
Over 100 Entities and Individuals Added to Sanctions List.
Maritime and Energy Sectors Under Fresh EU Scrutiny.
The...
Shipping Nears Mid-Cycle Phase with Risks Building
Veson Warns of Overcapacity as Trade Slows.
Newbuild Parity Returns Signalling Market Caution.
Cyclic Patterns Hint at Possible Downturn Ahead.
The global shipping industry...
Galveston Port’s Ro-Ro Growth Drives Record Cargo Volumes And Investment
The Port of Galveston is experiencing strong momentum in roll-on/roll-off (ro-ro) cargo, reaffirming its reputation as a reliable Gulf Coast gateway for vehicle and...
