UK–Korea Collaboration Drives Progress On Autonomous Maritime Shipping Regulations

Maritime leaders from the United Kingdom and South Korea have taken a significant step forward in shaping the future of Maritime Autonomous Surface Ships...

Shipping Costs to Double Amid Rush to Beat China–US Tariff Deadline

Shipping container rates from China to the U.S. may double ahead of the August 10 trade truce deadline. Small businesses face severe cost...

Hong Kong Proposes Amendments to Merchant Shipping Regulations

The Hong Kong Government has proposed amendments to update regulations on merchant shipping for compliance with international standards. Proposed amendments The proposed amendments which were gazetted...

Global Ro-Ro Giants Launch Unified Strategy to Cut Shipping Emissions

The Global Ro-Ro Community (GRC) - comprising Eastern Car Liner, K Line, MOL, NYK Line, Wallenius Wilhelmsen, and classification society ClassNK - has launched...

North Korea Detains Senior Official Over Warship Launch Failure

Warship launch at Chongjin Shipyard failed due to a cradle malfunction, causing partial submersion. Four senior officials, including a Central Military Commission member,...

MOL to Weigh Chinese and Korean Shipyards for New LNG Carrier...

Japan's MOL said it will consider both Chinese and South Korean yards for new orders of liquefied natural gas carriers. This follows recent...

Seaspan Opens Advanced Operations Centre at Vancouver Drydock

Seaspan celebrates the grand opening of a new 21,000 sq. ft. Operations Centre at Vancouver Drydock, reinforcing its infrastructure and workforce capabilities. The...

Trump Postpones EU Tariffs, Boosts European Markets

US President Donald Trump postpones planned 50% tariffs on EU imports, restoring the original July 9 deadline to allow for further negotiations. European...

Transpacific Freight Rates Rise on Tariff Pause

A sharp rise in transpacific bookings was recorded as shippers rushed to capitalize on the temporary pause in US-China tariffs. FBX01 spot rates...

LNG, LPG Freight Rates Retreat on Weaker Demand

LNG spot freight rates eased across most Asia–Pacific and Atlantic trades, with transpacific lanes particularly pressured by slack demand and ample tonnage. In...