Capesize Strong for Forward Dates Amid Softening Panamax and Supramax Markets

The dry bulk shipping market segments reveal a mixed but generally softening trend, with Panamax and Supramax facing downward pressure, while Capesize shows healthy...

VLCC, Suezmax, and Aframax Rates See Strong Upward Pressure

The crude tanker market shows strong sentiment and rising rates across all major tanker segments (VLCC, Suezmax, and Aframax), driven by tighter tonnage supply...

NYK Line and Port of Duqm Partner to Advance Green Energy...

The partnership between NYK Line and the Port of Duqm Company (PODC) is a strategic collaboration to enhance the port's connectivity and promote sustainable,...

Tokyo MOU Adopts 2026-2030 Strategic Plan and Quarterly Publication of Company...

The Tokyo MOU's Port State Control Committee held its 36th meeting, making several key decisions regarding future joint campaigns, company performance publication, and the...

Japan Achieves World’s First Land-Based Test Of Marine Hydrogen Engines

In a major step toward maritime decarbonization, Kawasaki Heavy Industries, Yanmar Power Solutions, and Japan Engine Corporation have successfully carried out the world’s first...

Yang Ming Expands Fleet With Six Methanol Dual-Fuel-Ready Containerships

Yang Ming Marine Transport Corporation has taken a significant step toward greener and more efficient shipping by finalizing contracts for six 8,000 TEU-class methanol...

Container Ship Fires and Ports of Refuge for the Big Ship...

In an era of growing maritime risks, having a Port of Refuge (POR) procedure is vital for shipowners, charterers, salvors, and insurers. When emergencies...

Suspicious Maritime Activity Reported Near Garacad Somalia

The United Kingdom Maritime Trade Operations (UKMTO) has issued an alert regarding suspicious maritime activity off the coast of Somalia. The incident occurred on...

Hengli’s Reverse Takeover Revives Songfa As Profitable Shipbuilder Amid Order Boom

Hengli Heavy Industry’s reverse takeover of Guangdong Songfa Ceramics has revitalized the formerly struggling Shanghai-listed company, transforming it into a profitable and fast-growing shipbuilder...

ACL Faces $34 Million Annual Tariff Hit As U.S. Reclassifies Con-Ro...

Atlantic Container Line (ACL) has been caught in the crosshairs of the U.S. Trade Representative’s (USTR) new Section 301 charges, with its con-ro vessels...