Drewry Indexes Show Diverging Trends Across Global Shipping Markets

Port equities led the market, with the Drewry Port Equity Index rising 1.6% WoW and maintaining a strong 15.4% YTD gain, outperforming the...

UK Expands Sanctions to Disrupt Russia’s Arctic LNG 2 Exports

The UK has sanctioned China’s Beihai LNG terminal, intensifying pressure on Russian LNG exports. A total of 90 new sanctions target Russian oil...

Seafarer Health Reimagined — The Role of Smart Monitoring and Tele-Medicine

The American Journal of Transportation (AJOT) highlights how CDV Health is redefining maritime healthcare through technology designed to support seafarers’ well-being, both onshore and...

China’s Port Fee Shock Sends Tanker Costs Surging and Markets Scrambling

gCaptain reports that China’s newly imposed port fee regime is triggering significant cost shocks for oil tanker operations, prompting strategic pivoting across global shipping...

MPCC Secures $66 Million Order for Fuel-Efficient Containerships

MPCC has ordered two 1,600 TEU eco-efficient container vessels from China’s Fujian Mawei Shipyard, with delivery expected in late 2027. The $66 million...

American Club Issues Advisory on Underwater Damage Incidents

Increased incidents of damage to underwater pipelines and cables reported in Turkish waters. Even suspected damage can trigger costly inspections, fines, and vessel...

Maritime Industry Bets Big on AI, Sustainability, and Efficiency, Says SMM...

The SMM Maritime Industry Report 2025 indicates rising optimism, with a Maritime Industry Score of 50.5 points reflecting strong investment confidence. Shipyards and...

USTR Clarification Leaves Ambiguity Over Tanker Fee Exemptions

The USTR’s latest clarification has created uncertainty over whether the 55,000 or 80,000 DWT limit applies to Chinese-built tankers. CBP documentation distinguishes between...

Maersk Diverts Two US-Flagged Vessels from China

China's "Special Port Fee" on US-flagged, owned, or operated vessels, which took effect on October 14, is a direct retaliation for the US Trade...

Global Maritime Piracy and Armed Robbery Hits Highest Level Since 2021

The report from the International Maritime Bureau (IMB) details the global trend in maritime piracy and armed robbery incidents for the first nine months...