LATEST ARTICLES

Port of Long Beach Marks Busiest July in History

Cargo volume hits 944,232 TEUs, third-highest month ever. Imports rise 7.6% while exports drop 12.9%. Empty container movements increase 12.3%. A recent pause in...

Panama Imposes First-Ever STS Hydrocarbon Tracking Rule

New rule requires 48-hour advance notification for Panamanian-flagged oil vessels. Non-compliance may lead to ship deregistration, warns the DGMM resolution. Reporting obligations cover...

Fourth Sanctioned LNG Tanker Arrives Near Russia’s Arctic LNG 2 Facility

Fourth sanctioned LNG tanker reaches Russia’s Arctic export plant. Christophe de Margerie was spotted near the Utrenniy terminal of Arctic LNG 2. US...

LNG Steady While LPG Surges on Panama Canal Delays

LNG timecharter rates soften slightly across all terms. LPG market surges on Neo Panama Canal congestion fears. Ras Tanura–Chiba LPG rates climb on...

ABS Certifies HD KSOE and HD HHI MVDC Ship Power System

Breakerless MVDC becomes first to receive ABS NTQ. ABS highlights collaboration for next-gen vessel tech. HD KSOE targets zero-carbon electric propulsion leadership. ABS reports...

SWS Reaches 600th Vessel Milestone with Delivery of GRANDE TIANJIN

Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) has reached its 600th vessel delivery, marking a major milestone in China’s shipbuilding progress. Over 26 years,...

China Launches First High-Tech Carrier Rocket Maritime Recovery Vessel

China has launched the Xingji Guihang, its first carrier rocket maritime recovery vessel and the world’s fifth of its kind. The 100-meter-long vessel...

Ningbo Freight Index Dips to Europe, Surges to Middle East

The Ningbo Containerised Freight Index (NCFI), which reflects weekly fluctuations in freight rates for standard containers departing from Ningbo to key global markets, recorded...

Baltic Exchange: Global Container Rates Take a Sharp Downturn

In Week 32 of 2025, global container freight rates experienced a significant decline, with the Baltic Exchange Freight Index (FBX) falling by $213, or 9%...

Global Container Shipping Faces Ongoing Pressure Amid Capacity Imbalances

Global container shipping remains under pressure due to trade policy shifts, changing demand patterns, and capacity imbalances. Between Week 33 and Week 37,...