This Week Trends
Insurers are beginning to refuse US, UK, and Israeli carriers cover for their vessels transiting the Red Sea – and alternative routings also risk heightened premiums.
War Risk Premiums
War-risk premiums have surged since Iran-backed Houthi militia began attacking vessels in...
Gina Clark from Brandon was furious after a worker on a recent Bahamas cruise told her he wanted to rape her. Even posted the incident on social media.
“He said, you know, when a man forcefully makes a woman have...
“At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of newbuild capesize ships has gradually decreased since its peak in 2013 and only 5 million...
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Hot Stuff Coming
Launch of New Ammonia Project for Zero Carbon Shipping
Lloyd's Register Group and The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping join forces in a new project expected to run throughout 2021.
Ammonia’s...
Sneak A Peek Into The Digital Evolution Of Shipping In 2024
In the global pursuit of sustainability, industries worldwide are placing an increasing emphasis on eco-friendly practices, recognizing the crucial role each sector plays...
Pirates Attack Bermudian-registered Tanker
On November 6, a Bermuda registered tanker was attacked by pirates near Nigeria.
What happened?
The Bermudian-registered LNG tanker 'River Niger' was attacked by pirates in the...
Maersk Sets Standard! Assures ITF Like Agreements On Charters
Maersk Corroborates ITF Agreements On Charters
The Shipping Giant Maersk announced that it will ensure that any vessel it charters has an ITF (International Transport...
LATEST ARTICLES
Backhaul Boom: Container Rates Shift Gears in Week 33
The Baltic headline FBX index has remained mostly unchanged over the past week, at 2,137 compared to 2,135.
Some backhaul routes saw quite significant increases...
GSI Launches Next-Gen 8,600 CEU Green Car Carrier for H-LINE
Guangzhou Shipyard International (GSI), in partnership with China Shipbuilding Trading Co., Ltd. (CSTC), has officially delivered its second 8,600 CEU dual-fuel pure car and...
Oil Tanker Breakdown Temporarily Halts Bosphorus Traffic
Strait traffic halted in both directions.
Tenacity Venture is carrying 90,730 tons of crude oil.
Tugboats escort the vessel to Büyükdere anchorage.
On August...
Singapore Port Hits 18-Month Fuel Sales High
Container throughput hits 3.87 million TEU, the highest in 2025
Bunkering vessel calls up 7.3% from June
Bunker fuel sales reach 18-month high...
Self-Heating and Fire Incident During Unloading of Indonesian Cargo
A bulk carrier loaded with Indonesian coal experienced self-heating and fire in two cargo holds during discharge operations at an Asian port. The incident...
Diana Shipping Inc. Finalizes Time Charter Agreement for m/v Polymnia with...
Diana Shipping Inc. has entered a time charter contract with Oldendorff Carriers for the Post-Panamax vessel m/v Polymnia, commencing August 17, 2025.
The...
The IMO’s 2050 Climate Framework and Its Implications for the Shipping...
The IMO’s climate framework targets net-zero emissions from international shipping by 2050, with binding GHG limits for vessels over 5,000 gross tonnage.
Proposed...
Container Shipping Faces 7% Cancellation Rate Across Key Trades
7% of 724 scheduled East–West sailings between mid-August and late September are expected to be cancelled.
Transpacific eastbound services account for nearly half...
Cargo Ship Captain Arrested After Yacht Collision in Japan
A gravel-carrying cargo vessel collided with a yacht in Tsukumi Bay, Japan, on August 13, 2025.
A large-scale search involving six patrol boats...
Valenciaport Traffic Up 4.28% in First Seven Months
July 2025 container traffic at Valenciaport up 6.88% year-on-year to 492,874 TEUs, with January–July volumes up 4.28%.
Full exports (+3.53%) and imports (+17.52%)...