LATEST ARTICLES

NOCC Commissions Fourth 7,000-CEU LNG Dual-Fuel Car Carrier from CIMC Raffles

Norwegian Ocean Car Carriers (NOCC) has placed an order for a fourth 7,000-CEU LNG dual-fuel pure car and truck carrier (PCTC). The vessel...

Russia Slams US Blockade of Venezuela

Russia Warns US Measures Could Destabilise the Region. Call for a Pragmatic Approach and Respect for International Law. Kremlin Reaffirms Political Support for...

Iran Seizes Foreign Oil Tanker Over Alleged Fuel Smuggling

Sixteen Foreign Crew Members Detained on Criminal Charges. Earlier Seizure Reported in the Gulf of Oman Involving Smuggled Diesel. Iran Steps Up Crackdown...

Pacific Basin Expands Handysize Newbuilding Programme

Pacific Basin has ordered four 40,000 dwt Handysize newbuildings for about $119 million Deliveries are scheduled for the first half of 2028 The...

Uneven Finish as Large Vessels Hold, Smaller Segments Struggle

Capesize showed relative resilience, while Panamax and smaller segments stayed under pressure Seasonal slowdown and limited fresh cargo weighed on overall sentiment Market...

Volatility Returns as Tanker Rates Reposition Across Basins

VLCC earnings weakened further, slipping below $100,000/day, while Suezmax and Aframax segments posted gains. Suezmax rates were lifted by strong Atlantic demand and...

Global Liner Schedule Reliability Rises to 64.1% in November

Global reliability improved month-on-month to 64.1% Average delays for late arrivals declined further Maersk led top carriers on schedule performance New alliance metrics...

LNG Ship Intelligence Lab Launched in Shanghai

A new LNG Ship Intelligence and Innovation Laboratory has been launched in Shanghai The lab will focus on smart LNG ships, safety, and...

China Introduces Financial Measures for New Land-Sea Trade Corridor

Central bank issues 21 financial support measures for corridor development Policies focus on financing, settlement, and cross-border services Greater access planned for foreign...

Valenciaport Records Strong Container Growth As Board Approves Key Strategic Decisions

The Port Authority of Valencia (APV) has reported stable overall traffic figures alongside notable growth in container and passenger volumes in 2025. These figures...