LATEST ARTICLES

Wan Hai Orders 49,300 New Containers in USD 118M Deal

Wan Hai Lines orders 49,300 new containers as part of a major fleet expansion programme. The investment is valued at USD 118.1 million...

Edison and Knutsen Sign Contract for New 174,000 m³ LNG Carrier...

A new LNG carrier of 174,000 cubic meters will take shape at Hanwha Ocean’s yard in Geoje (Okpo), following a long-term charter deal signed...

China’s Soaring Trade Surplus Crosses $1 Trillion, Reshaping Global Shipping Flows

China has pushed its trade surplus past the $1 trillion mark in just 11 months of 2025, a development that is reshaping global cargo...

DP World Unifies Marine Services Under One Global Identity to Strengthen...

DP World announced that it is unifying its Marine Services businesses under a single global identity, marking a major step in its evolution into...

Everllence Confirms Successful Run of Ethanol-Fuelled Four-Stroke Engine

Everllence announced that its 21/31 dual-fuel four-stroke engine has successfully run on ethanol at its test facility in Frederikshavn, Denmark. The engine performed across...

Seasonal Correction Expected as Capesize Rates Face Pressure

Capesize spot rates near $40,000 remain above seasonal norms, with futures signaling a sharp correction ahead. Vale projects the seaborne iron ore...

US Container Imports Drop in November, But Still Strong Historically

US container imports fell 7.8% in November compared with last year, partly due to weak demand from China and one less shipping day. ...

CSM Launches “She Beyond” Initiative to Boost Women’s Representation at Sea

CSM has expanded its commitment to women in maritime with the launch of the “She Beyond” initiative, a programme created to strengthen support for...

Dongwon Group Reopens Review of Potential HMM Acquisition

A renewed study is under way to examine whether a new attempt to acquire HMM is possible. According to local reports, the conglomerate’s leadership...

Floating Storage Hits Three-Year High as Offshore Volumes Climb Across Tanker...

Floating storage climbed to its highest level in three years as offshore crude volumes grew quickly across VLCC, Suezmax and Aframax fleets. The latest...