On a daily basis, the average cruise ship uses around 140-150 tonnes of fuel, or 30 to 50 gallons per mile.That is way above...

China has disclosed critical specifications for a nuclear-powered ‘world’s largest’ cargo ship under development, revealing it will be driven by a groundbreaking thorium-based molten...

Last week we saw the USA and China agree on a 1 year pause on port fees to be imposed on each other’s linked...

New Measures Added for U.S. West Coast and Southern British Columbia. WSC Members Adopt Speed Alerts and Noise-Reducing Technologies. Global Collaboration Strengthens Efforts...

Atlantic Shortage Supports Upward Momentum in LNG Rates. BLNG Routes Record Strong Weekly Gains on Limited Tonnage. Time Charter Rates Mixed with Short-Term...

Demand Turns Negative as Market Weakens Further. Carriers Add Capacity Despite Falling Utilisation. Vessel Utilisation Projected to Drop Below Pre-Pandemic Levels. Spot rates for...

Washington Seeks Feedback on One-Year Pause to Maritime Penalties. Tariff Suspension Covers Chinese Cranes, Chassis, and Port Fees. China Agrees to Halt Retaliatory...

Moscow Struggles to Sell Crude as U.S. and EU Target Rosneft and Lukoil. Russian Oil Trades at Deep Discount as Asian Buyers Cut...

Carriers Withdraw 7% of Scheduled Sailings Through Mid-December. Freight Rates Rise 8% as GRIs Take Effect. Fewer Blank Sailings Signal Mild Capacity Recovery. The...

Crew Freed Safely Following Coordinated Operation. Pirates Remain Active as Joint Search Continues. Escalating Attacks Signal Renewed Somali Piracy Threat. European naval forces pulled...