India Charts $1 Trillion Maritime Investment Roadmap

India has outlined a $1 trillion maritime investment roadmap focusing on ports, logistics, shipbuilding, and sustainable shipping. Union Minister Sarbananda Sonowal announced the...

Xeneta Weekly Ocean Container Market Update – Aug 28, 2025

Average spot rates on key Far East fronthauls continue to decline, bringing levels closer to pre-Red Sea crisis benchmarks. The steepest recent weekly...

TSUNEISHI SHIPBUILDING Builds Its Largest-Ever Methanol-Powered Container Carrier

TSUNEISHI Group’s Zhoushan shipyard launched its largest-ever 5,900 TEU methanol dual-fuelled container carrier on August 27, 2025. The vessel offers capacity for 5,915...

BIMCO Forecasts Tanker Freight Rate Recovery in H2 2025

BIMCO’s Tanker Shipping Market Overview & Outlook (August 2025) projects a potential recovery in freight rates in the second half of 2025. The...

Samsung Heavy Industries Delivers Minerva LNG Carrier

Samsung Heavy Industries has launched the 174,000-cbm LNG carrier Minerva Roxanne, built for Greek shipping company Minerva Gas. The vessel, along with its...

Panamax Leads Dry Bulk Gains

Overall dry bulk rates climbed last week, with all but capesize rates ending up week-on-week. Panamax rates rose by the largest amount. While capesize...

Asia-US September Container Rate Hikes Pressured by Weak Demand

Ocean carriers have announced rate increases for shipping containers on the Asia-US trade lane, but industry analysts expect rates to continue facing downward pressure...

Piracy and Armed Robbery Surge in the Straits of Malacca and...

Incidents of piracy and armed robbery in the straits of Malacca and Singapore have nearly quadrupled in the strategic waterways this year, according to...

Arctic Mulan’s Arrival in China Marks a Breakthrough for Russia’s Arctic...

A sanctioned Russian gas carrier has docked at a Chinese import terminal for the first time, marking a significant development for Russia’s beleaguered Arctic...

Knutsen Adds Wadi Al Sail to Growing Fleet, Strengthening Partnership with...

The Knutsen Group has added the Wadi Al Sail to its fleet, a new 174,000 cubic meter LNG carrier. This vessel is the third...