LATEST ARTICLES

Korea Launches M.AX Alliance to Accelerate Autonomous Shipping

Korea has launched the M.AX Alliance to speed up autonomous ship development. Government, shipping, shipbuilding, AI firms, and academia are working together. The...

ONE Adds Sixth S-Series Vessel to Its Fleet

Ocean Network Express (ONE) has named the sixth S-Series containership, “ONE Satisfaction.” The vessel boosts fleet capacity for long-haul container trades. The naming...

EU Weighs Scrapping Russian Oil Price Cap, Raising Shadow Fleet Risks

The EU is considering ending the Russian oil price cap and replacing it with a full ban on Western shipping services Around 43%...

Panamax Finds Late-Year Support as US–China Grain Trade Shows Signs of...

Panamax underperformed in 2025 as the US-China grain trade collapsed by nearly 78% Recent trade talks have triggered a visible rebound in forward...

China continues to strengthen its position as the world’s leading shipbuilding...

China now accounts for over 70% of global shipbuilding orders, backed by strong state support and industrial scale The country leads both commercial...

Container Rates See Late-Year Uptick as Suez Returns Raise Congestion Risks

Container freight indices recorded a modest year-end rally, led by a 6.7% rise in the SCFI. Fourth-quarter CCFI averages remain significantly below third-quarter...

Prysmian–Fincantieri Joint Venture to Acquire Xtera, Strengthening Submarine Telecom Capabilities

A Prysmian-led joint venture with Fincantieri has agreed to acquire Xtera, a specialist in turnkey submarine telecom systems. The transaction positions Prysmian as...

PIL Ships Record 95-Tonne Substation Unit To Iraq’s Umm Qasr Port

Pacific International Lines (PIL) has successfully transported a 95-tonne substation unit from Jebel Ali, UAE, to Umm Qasr Port in Iraq, marking the heaviest...

HJ Heavy Industries To Build South Korea’s First 1,900 DWT Chemical...

HJ Heavy Industries has secured a landmark contract to construct South Korea’s first 1,900 DWT class multi-purpose chemical pollution control vessel, marking a major...

Port Congestion A Growing Challenge For Global Maritime Supply Chains

Port congestion has emerged as one of the most serious operational challenges in global maritime logistics. As trade volumes grow and vessels become larger,...