Low Containership Demolition in Q2 2025 Reflects Trade Uncertainty and High...

Containership scrapping remained extremely low in Q2 2025, with only three vessels sold for demolition. New U.S. tariffs on Chinese-built ships created uncertainty,...

Container Fleet Retirements Hit Lowest Levels Since Early 2000s

As of mid-2025, less than 4,000 TEU of container ship capacity has been scrapped worldwide. Only seven vessels, each averaging around 500 TEU,...

Vessel Carrying Livestock Attacked Off Yemen Coast, Briefly Detained for AIS...

A vessel carrying livestock came under fire from individuals in a wooden boat in the Red Sea near Yemen on Thursday. The vessel was...

Amidst Sanctions, Russia’s New Port Regulations Create Jitters in Global Oil...

Foreign oil tankers are facing temporary restrictions from loading at Russia's main Black Sea ports due to new regulations, effectively disrupting oil exports from...

Emergency Response Underway in Cuxhaven After Ship Collision Leads to Oil...

Two vessels have collided in the German North Sea port of Cuxhaven, resulting in an estimated 6,000 liters of oil spilling into the water....

Robust Brazilian Iron Ore Shipments Propel Capesize Rates, But Smaller Segments...

This week's Chart Monitor indicates a robust and sustained upward trend in Brazilian iron ore shipments, which is having a significant impact on dry...

Global Bunker Prices See Varied Movements: Scrubber Spread Declines, LNG Becomes...

At the close of Week 30, the global bunker market experienced varied price movements across different fuel types, as tracked by MABUX. The overall...

Tankers International Expands VLCC Pool with Lila Global Partnership

Tankers International adds Lila Kochi, a VLCC owned by Dubai-based Lila Global, to its global pool of 29 vessels. The move strengthens Tankers...

Launch of Acadia Marks Major Leap in U.S. Offshore Wind and...

Acadia is the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel, designed to support offshore wind infrastructure. Built at Hanwha Philly Shipyard, the...

India to Introduce New Merchant Shipping Bill to Modernize Maritime Governance

The upcoming Merchant Shipping Bill will repeal the 1958 Act and rename the Director General of Shipping to the Director General of Maritime...