LATEST ARTICLES

SGS FastRig Demonstrates Fuel Savings and Operational Advantages in Sea Trials

Smart Green Shipping (SGS) has announced the successful completion of sea trials for its innovative FastRig wind-assisted propulsion system, confirming its practical advantages for...

US Eyes Expanded Tech Sanctions to Close Loopholes for Chinese Firms

On Friday, May 30, 2025, major stock averages, including the S&P 500, experienced a downturn, falling 1%, in response to reports that the United...

Panamax Market Faces Another Challenging Week with Persistent Softening

The Capesize dry bulk market showed significant momentum this week, recovering from a slow start primarily attributed to Monday's UK bank holiday, reports Baltic...

VLCC Rates Plummet Across Global Routes, Weakening Tanker Market Sentiment

The LR2 tanker market in the Middle East Gulf (MEG) experienced a downward correction over the past few days, after peaking at the end...

A New Course for Green Shipping: Italy Pioneers Unified LNG and...

In a significant stride towards maritime decarbonization, Italy has become the first European Union country to issue unified Ship-to-Ship (STS) bunkering guidelines for both...

Isle of Man Ship Registry Issues Revised Shipping Notice on Fire...

The Isle of Man Ship Registry has recently issued a new shipping notice, specifically Manx Shipping Notice (MSN) 057 (Revised 05/2025), which outlines the...

Container Report – Week 22: Modest Rate Changes as Asia-Med Shows...

The FBX01 (China/East Asia to USA West Coast) rate ended the week at $2,770 per FEU, and FBX03 (China/East Asia to USA East...

Weekly Gas Report – Week 22: LNG Slows Down, LPG Picks...

LNG rates declined further due to weaker transatlantic demand and vessel oversupply. LPG rates increased modestly across major routes as vessel availability tightened...

US-China Trade Clash: New Export Limits on Aircraft and Semiconductors Announced

China suspended exports of critical minerals globally but may ease restrictions for certain semiconductor firms. The US is intensifying visa restrictions on Chinese...

MSC Expands West Africa Service with 24,000 TEU Ultra-Large Vessels

MSC has introduced 24,000 TEU ultra-large container vessels on its Africa Express service, connecting key Asian markets with major West African ports. The...