LATEST ARTICLES

Trump Approves Nuclear Submarine Project Amid Rising Tensions

U.S. President Donald Trump announced that he has approved South Korea to build a nuclear-powered submarine, a move that could significantly alter the regional...

Mediterranean Routes Lead Freight Rate Rally as NCFI Surges Sharply

Freight rates on major routes from Ningbo rose sharply this week, driven by a rebound in cargo volumes and improving demand across European and...

World’s Largest Cargo Sailboat Finishes First Atlantic Crossing

Storm in North Atlantic Tests World’s Largest Cargo Sailboat Neoline CEO Says Voyage Proves Vessel’s Resilience Wind-Powered Design Aims to Cut Emissions by...

Tentative Calm Returns to Global Ocean Freight Markets

US–China Port Fee Truce Eases Trade Tensions. Carriers Withdraw 10% of Sailings to Manage Capacity. October Cancellations Surge but November Outlook Improves. After months...

Maersk Strengthens India Presence with $2B Port Expansion and Local Partnerships

Maersk, a global integrated logistics company, announced a series of strategic initiatives reinforcing its long-term commitment to India's maritime sector during India Maritime Week...

BIMCO Outlook: Dry Bulk Market Nears Balance Before Potential Weakening Phase

According to BIMCO, the global dry bulk sector is set to reach a near equilibrium between fleet supply and demand in the short term...

HD Hyundai Unveils AI-Powered Future of Shipbuilding at APEC 2025

HD Hyundai opened APEC 2025 Korea by presenting a blueprint for the future of shipbuilding in collaboration with global leaders. HD Hyundai Pushes AI Innovation...

EU Surprises With Delisting of Sanctioned Arctic Heavy-Lift Vessels, Raising Compliance...

According to MMJ News Desk, the European Union has unexpectedly removed two polar-class heavy-lift vessels from its sanctions list — a move that stands...

Fuel Oil Spill Halts Traffic at Texas Port After Tanker-Pier Collision

According to U.S. Coast Guard data, a fuel oil discharge at the Port of Galveston in Texas occurred following an allision between a tanker...

Global Ports Struggle to Keep Pace with Ultra-Large Containership Boom

Global ports are bracing for a wave of ultra-large containerships that have the potential to overwhelm infrastructure and cripple supply chains. With ports under...