This Week Trends
Containerships have led growth in freight rates and order placements in 2021, reports Business Korea.
For containerships, the average freight rate and order placements in 1Q-3Q21 surged 240.7% and 1,379.0%, respectively, vs. 2020 levels. Freight rate hikes were mostly attributable...
The Baltic Briefing has issued the tanker report for the 16th week of this year. The report dated 17th April 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Activity in the Middle...
Industry concerns have been raised that pirates in West Africa, who have seen shipping trade shifting from the Al-Mandeb strait to around the Cape, could also refocus their operations into the Gulf of Guinea, says an article published on...
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Hot Stuff Coming
China’s Bonded Bunker Fuel Sales Drop Amid Typhoon Disruptions
China's bonded bunker fuel sales decreased in July to 1.74 million mt, down 5.08% from the previous month, due to Typhoon Gaemi's impact...
World’s 1st Zero-Emission Container Ship Moves A Step Closer
Zero-emission shipping start-up Veer Group will head to Germany to build the first wind-propelled container ships to cross oceans.
The Canadian firm has...
EGHAC is Decarbonising Industries Via Green Hydrogen Energy
The European Green Hydrogen Acceleration Center (EGHAC) aims to set up business opportunities for industries that have a hard time finding a sustainable model.
Steel,...
Port of Tacoma Commits To Decarbonization Pledge!
The Port of Tacoma Commission on Tuesday voted to phase out greenhouse gas emissions under the port’s direct control by 2040, accelerating the target...
LATEST ARTICLES
Maritime Intelligence Brief Warns of Rapidly Evolving Global Risk Landscape
The Maritime Intelligence Brief for 1 December 2025 underscores how quickly the global maritime risk environment is shifting across both traditional and emerging fronts....
Fire Risk Averted At Paradip Port After Smoke Detected From Coal...
A potentially serious fire incident was narrowly avoided at Paradip Port on 29 November after thick smoke was detected from a vessel that had...
Lloyd’s Register Joins DCSA+ To Advance Global Digital Standards In Container...
Lloyd’s Register (LR) has officially joined the Digital Container Shipping Association’s DCSA+ partnership programme, strengthening global efforts to standardise digitalisation in the container shipping...
Global Ship Lease Acquires Three 8,600 TEU Containerships In $90 Million...
Global Ship Lease (GSL), a major containership owner and lessor listed on the NYSE, has announced the acquisition of three Korean-built 8,600 TEU containerships...
Maersk Appoints Thomas Theeuwes As New Managing Director For India, Bangladesh...
Maersk has announced the appointment of Thomas Theeuwes as the new Managing Director for its India, Bangladesh & Sri Lanka operations, effective January 1,...
Putin Warns Of Possible Retaliation Against Ships Aiding Ukraine Amid Rising...
Russian President Vladimir Putin has issued a strong warning in response to a sharp rise in attacks on Russian commercial vessels, particularly tankers. Speaking...
EPS Returns to VLCC Market with Massive 12-Ship Order Worth Up...
Eastern Pacific Shipping (EPS) has launched one of the year’s largest newbuilding programmes at China’s Hengli Shipbuilding, signing contracts for 12 vessels in a...
Norsepower and Idemitsu Launch World’s First VLCCs Equipped with Rotor Sails
Norsepower, the leading provider of mechanical sails for large vessels, and Idemitsu Tanker Co., Ltd., the shipping arm of Idemitsu Kosan, have announced their...
Maritime Security Risks Shift Across Red Sea, Indian Ocean and Black...
MISTO Revision Reflects Red Sea and Gulf of Aden Escalation.
Shipping Coalition Flags Renewed Piracy and Houthis Risks.
Updated MISTO Highlights Shifting Security...
DNV Flags Methanol’s Growing Readiness and Key Barriers
Global production, storage and bunkering infrastructure is expanding.
China leads low-GHG methanol capacity growth with 43% share.
Environmental benefits are strong, but costs...





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