Global Container Market Slips Amid Red Sea Transit Shift

This week’s Baltic Exchange Container Report shows a slide across major lanes. The Suez Canal Authority has this week announced that it has had talks...

Ukrainian Naval Drones Strike 2 Russian ‘Shadow Fleet’ Oil Tankers

Ukrainian naval drones hit two tankers operating under sanctions in the Black Sea as they headed to a Russian port to load up with...

Russia Fast-Tracks Sea Trials for Its Debut Domestically-Made LNG Carrier

Russia’s first domestically constructed LNG Carrier, Aleksey Kosygin, is undergoing its fourth round of sea trials in the Far East as Moscow races to...

Explosion and Fires Hit Sanctioned Tankers in the Black Sea Off...

According to Euronews, two sanctioned oil carriers caught fire in the Black Sea near Türkiye. The incidents happened only a few dozen nautical miles...

MAMII Summit in Brussels Accelerates Global Push to Cut Methane Emissions...

The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels, bringing shipowners, engine designers, technology providers and EU policymakers together...

Russia Fails to Regain IMO Category A Seat for the 2026–2027...

Russia was not elected to the top category a of the council of the International Maritime Organization (IMO) for the 2026–2027 term, according to...

Kandla Port Handles 100MT Cargo in FY 2025-26

Deendayal Port Authority (DPA), Kandla, has become the fastest major port in the country to handle 100 million metric tonne (MMT) of cargo in...

Ningbo Freight Index Climbs on Key Westbound Routes Despite Middle East...

Europe and Mediterranean Routes Lead Weekly Rate Gains. Middle East Lane Falls as Other Trades Strengthen. Index Update Highlights Strong Westbound Momentum and...

Container Market Faces Sliding Rates and High Capacity

Container Markets Shift as Rates Slide and Cancellations Rise. Blank Sailings Keep Capacity High While Strikes Add Fresh Delays. Carriers Monitor Possible Suez...

Canadian Bulker Refloated After Detroit River Grounding

Canadian Bulker Refloated After Detroit River Grounding. Strong Winds and Low Water Levels Push Stone Carrier Aground in Detroit River. Second Detroit River...