Pacific Softness Hits Capesize While Atlantic and Asian Momentum Buoys Panamax...

The Capesize market for the C5 route (West Australia to China) has experienced a subdued week, indicating a softening sentiment in the Pacific basin....

VLCC Rates Soften as Suezmax and Aframax Markets Stabilize

The past week has seen an intensely volatile period for Very Large Crude Carriers (VLCCs), with freight rates in the Middle East Gulf (MEG)...

Norway and France Partner to Store French Industrial CO2 Under North...

An administrative arrangement signed in Oslo on June 23, 2025, between Norway's Minister of Energy, Terje Aasland, and France's Minister of Economy and Finance,...

Global Maritime Forum Releases Final Report On Diversity@Sea Pilot

In celebration of the Day of the Seafarer, the Global Maritime Forum has unveiled the final report from its Diversity@Sea: The Journey to the...

ETF Calls For Worker-Centered Transition Under European Ocean Pact

The European Transport Workers’ Federation (ETF) has welcomed the European Commission’s launch of the European Ocean Pact, viewing it as a significant step toward...

Port Of Long Beach Approves $833 Million Budget to Advance Sustainability...

The Long Beach Board of Harbor Commissioners has approved an $833 million budget for the fiscal year 2026, reinforcing the Port of Long Beach’s...

Top 10 Carriers Reallocate Megaships To West Africa And Middle East...

As global trade patterns shift, top ocean carriers are redeploying ultra-large container vessels (ULCVs) from traditional east-west lanes to emerging north-south and regional routes....

Denmark’s Cleanship Project Begins Real-Sea Testing Of Wind-Assisted Propulsion

In a major step toward sustainable shipping, Denmark’s Cleanship project has launched real-sea trials of wind-assisted propulsion on Uni-Tankers' vessel Jutlandia Swan. The initiative,...

Shanghai Achieves World’s First Ship-To-Ship LCO2 Transfer

In a global first, Shanghai has successfully carried out a ship-to-ship transfer of liquefied carbon dioxide captured from a large container ship using an...

U.S. Clears Ethane for Shipment to China—But Unloading Still Blocked

In a significant regulatory shift, the U.S. Department of Commerce has authorized major producers—Enterprise Products and Energy Transfer—to load ethane on vessels destined for...