The global ship recycling market is projected to grow from $9.1 billion in 2025 to $13 billion by the end of 2030, according to...

The latest KOBC Container Composite Index (KCCI) stood at 2,069 points on Monday, according to Korea Ocean Business Corp. (KOBC). The composite index fell...

The Chinese navy said it expelled a US Navy ship that entered its territorial waters in the South China Sea, while the US defended...

In the second quarter of 2025, DNV-classed vessels experienced a significant number of detentions during Port State Control (PSC) inspections, with a total of...

New release of FAQs aimed at legitimising their attacks on Israeli-affiliated ships Experts say it won’t change the shipowners’ operations in the Red...

Fuel costs may rise 3–7% from rerouting in contested waters. War risk insurance premiums climbing 12–15% annually. Singapore port congestion could impact crude...

CK Hutchison runs existing ports outside the canal jurisdiction. $8.5 billion capital plan includes ports, pipelines, and reservoirs. Modern cranes to boost efficiency,...

200-hectare lease from Agila Subic secured for 10 years. $550 million investment planned over the next decade. Production target set at 10 ships...

ITOCHU to offtake ammonia for bunkering operations in Singapore. L&T’s land acquisition at Kandla boosts green energy plans. Partnership supports zero-emission marine fuel...

Global orderbook stays under 10% with 2026 delivery peak. Ageing concentrated in the Handysize and Supramax segments. Capesize fleet remains younger and competitive. The...