Crude Tanker Market Accelerates as Oil in Transit Reaches Record Levels

Lloyd’s List reports that the crude tanker sector is “firing on all cylinders,” as the volume of oil in transit climbs to its highest...

Inside the 98.5%: Why China, Korea, and Japan Reign Supreme in...

Alphaliner reports that the global container ship orderbook has reached an unprecedented milestone — with over a thousand newbuildings totaling more than 10 million...

Quick Response Averts Environmental Damage After Acid Leak in Saint-Malo

A product vessel docked at the Port of Saint-Malo experienced a significant chemical leak earlier this week, prompting an immediate emergency response to contain...

BARC Develops Bharat Small Modular Reacto for Commercial Deployment

India is setting the stage for a major expansion of its nuclear power capacity through the development of compact reactor technology and sweeping legal...

Capesize Rates Poised to Firm as Ballasting Ships Reduce

On the C5 front, we see enquiries for miners and operators for early November dates. Volumes out of East Australia remain flat from last...

Downward Pressure Hits VLCCs, While Tighter Tonnage Boosts Mediterranean Aframax

Despite the upward trajectory having stalled, the VLCC market remained firm for the past few days in the W90-95 range MEG/east (pending of the...

ITF Urges Constructive Consensus Building After IMO Decarbonization Delay

The International Transport Workers’ Federation (ITF) is calling for a constructive and inclusive approach to maritime decarbonization, following the recent decision by the International...

Khalifa Port Rises to Global Rank 39, Reinforcing Abu Dhabi’s Maritime...

Khalifa Port, an asset of AD Ports Group, has reinforced its position as a major player in global maritime trade by significantly climbing the...

Daimler Truck, HHLA, And Kawasaki Partner To Develop Green Liquid Hydrogen...

Daimler Truck AG, Hamburger Hafen und Logistik AG (HHLA), and Kawasaki Heavy Industries Ltd. have signed a Memorandum of Understanding (MoU) during the Hydrogen...

CSSC Huangpu Wenchong To Build Four 2,700 TEU Container Ships For...

China Shipbuilding Industry Corporation (CSSC) Huangpu Wenchong Shipbuilding, in partnership with China Shipbuilding Trading Co. Ltd (CSTC), has signed a contract with Ningbo Ocean...