Genco Shipping & Trading, the largest U.S. headquartered dry bulk shipowner focused on the global transportation of commodities, has agreed to acquire two 2020-built...

The U.S. Coast Guard has issued a safety alert highlighting a critical failure discovered in a Halon 1301 fixed fire extinguishing system aboard an...

Global Shipbuilding Market size was valued at USD 162.14 Billion in 2024 and is projected to reach nearly USD 228.82 Billion by 2032, growing...

China's controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for ​sale, the Chinese embassy in Greece...

The Public Services and Procurement Canada announced that on 18 November 2025, Canada, Finland, and the United States signed a Joint Statement of Intent...

Two-year project to lift capacity to 24,000 containers. New direct routes from China and South Korea cut transit to 23 days. Strong demand...

Drewry Maritime Financial Research reports that global port and shipping equities closed the week of 14 November 2025 with a mix of gains and...

Korean builder wins $1.3bn order for seven boxships. Deliveries to run through late 2029. Annual order tally reaches $6.9bn with 39 vessels booked. A...

Tanker demand rises despite export losses. Floating storage surges as buyers hesitate. Loss of European tonnage tightens vessel availability. Russian crude liftings have plummeted...

Transpacific rates fall for second straight week. Asia–Europe rates rise for sixth consecutive week. Carriers plan higher FAK rates from 1 December. The Drewry...