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...
Asia–US Container Rates Climb as Carriers Race to Boost Capacity
Asia–US container spot rates rose notably last week, prompting carriers to redeploy and expand capacity ahead of a surge in bookings driven by...
Panama Tightens Rules on Ship-to-Ship Transfers Amid Dark Fleet Surge
Panama's Maritime Authority has strengthened regulations for ship-to-ship operations involving Panama-flagged vessels in response to growing concerns over the use of dark-fleet tankers...