Houthis Claim Attack on Container Ship for Alleged Israeli Ties

In a televised address on September 2, Houthi military spokesperson Brig. Gen. Yahya Saree announced that the Yemeni Armed Forces used a cruise missile...

[Watch] Tugs Race to Secure Containership After Mooring Lines Break

On August 27, 2025, a container ship named the Vincente Pinzon broke free from its moorings at the Port of Itajaí, Brazil's second-largest port....

Höegh Autoliners and Port of Gothenburg Partner for a Greener Maritime...

Höegh Autoliners has named its sixth Aurora-Class vessel, the Höegh Moonlight, in a ceremony at the Port of Gothenburg, Sweden. The vessel was sponsored...

Navigating the Future: MOL’s Strategic Expansion into Indian Shipbuilding

Mitsui O.S.K. Lines (MOL), a major Japanese shipping company, is in discussions with the Indian government and local shipyards to build vessels in India....

Weakening Fundamentals Pressure Capesize and Panamax Rates

The dry bulk shipping market has softened across most segments this week, with Capesize and Panamax vessels facing downward pressure due to cautious sentiment,...

Tanker Market Rallies As VLCC and Suezmax Rates Surge Amid Tight...

The global tanker market is experiencing a significant surge in rates across all segments, driven by high demand and tightening vessel supply. The market...

Russian Diesel Exports Drop 6% In August Amid Drone Strikes On...

Russia’s seaborne diesel and gasoil exports fell by 6% in August to around 3.1 million metric tons as intensified Ukrainian drone strikes disrupted production....

IUMI Updates Guidance On Safe Carriage Of Electric Vehicles At Sea

The International Union of Marine Insurance (IUMI) has released an updated version of its guidance on transporting electric vehicles (EVs) by sea, titled “Risk...

Swan Defence And IMU Forge Strategic Partnership To Advance Maritime Education...

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Memorandum of Understanding (MoU) with the Indian...

IceChem Tankers Expands Fleet With Order For Four 22,000 DWT Chemical...

IceChem Tankers has announced a major fleet expansion through its partners TB Marine and Ektank, who have signed contracts for the construction of four...