Dirty Tanker Market Maintains Strong Momentum Despite Rate Pullback

VLCC Utilisation Hits Highest Level Since 2020. Freight Rates Ease Slightly but Remain Near Multi-Year Highs. Vessel Availability Tightens Amid Sanctions and Delays. The...

Hyundai and Pyeongtaek Ignite Korea’s Hydrogen Port Revolution

Hyundai Motor Group (the Group) has announced a multilateral Memorandum of Understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port...

Lessons Learned: Fatal Accident After Steam Pipe Rupture

The Dutch Safety Board has published an investigation report into an incident in which a fatal accident occurred on board the cruise ship Nieuw...

CMA CGM Acquires 20% Stake in Eurogate Hamburg Terminal

CMA CGM Group has announced plans to acquire a 20% stake in Eurogate Container Terminal Hamburg (CTH), marking a major step in strengthening its...

Global Container Rates Dip: Drewry’s WCI Drops 5% to $1,859

Drewry’s World Container Index decreased 5% to $1,859 per 40ft container this week. Detailed assessment for Thursday, 13 Nov 2025 The Drewry World Container Index...

China and South Korea Share Evergreen’s LNG Boxship Bonanza

Evergreen Marine has approved the purchase of 14 LNG dual-fuel container ships of about 14,000 TEU, splitting the order evenly between Samsung Heavy Industries...

[Watch] Scientists Record “Once-in-a-millennium” Rogue Wave

Ever imagined a wave so wild it shows up once every 1,300 years? That’s what scientists recorded off the coast of Canada—a rogue wave...

Disney Cruise Line Expands Fleet with Christening of New Ship in...

Disney Cruise Line held a grand christening ceremony for its newest vessel at its home-port in Florida, marking a significant addition to...

Argent LNG Unveils Plans for 25 MTPA Export Terminal at Port...

Argent LNG, LLC has announced its proposal to develop a 25 million-tonnes-per-annum (MTPA) liquefied natural gas (LNG) export terminal on a 398-acre site...

Chinese Shipyard Secures Major VLCC Contract Worth Up to USD 600...

A leading Chinese shipbuilder has finalized a significant contract to construct up to four Very Large Crude Carriers (VLCCs), valued between USD 400...