The US sanctions 183 vessels, targeting 42% of Russia's oil exports, mainly to China and India. Key Russian oil producers and insurers face...

Raising cargo temperature to -15°C can save 17.7 million tons of CO₂ annually. ZIM uses advanced reefers and ZIMonitor for optimal cold chain...

A 623-foot motor vessel ran aground near the Benjamin Franklin Bridge, and the Coast Guard is working on its safe removal. The vessel...

Atlantic Supramax spot rates declined in Q4 2024, with the index peaking at $18,888/d in October and falling to $13,962/d in December. Increased...

Chinese New Year, approaching on January 29th, will likely cause significant disruptions to global supply chains. These disruptions are expected to be amplified this...

Orient Overseas (International) Limited has released an unaudited operational update for its container shipping subsidiary, OOCL, for the fourth quarter of 2024. This update...

An oil tanker suspected of being part of Russia's "shadow fleet" used to evade sanctions, was found adrift in the Baltic Sea, reports Euro...

Transpacific Rates Rebound in December After Early Declines. Mediterranean Shipping Costs 161% Higher Than 2019 Levels. Transatlantic Lanes Experience 10% Rate Decline in...

Positive Start for LNG Period Market Despite Rate Adjustments. LPG Market Softens as Middle East Gulf Fixtures Decline. Oversupply of Vessels Adds Downward...

Integrated Rail and Road Networks to Boost Egypt’s Logistics Sector. New Dry Port Project to Link Red Sea and Mediterranean Seaports. Minister El-Wazir...