G7 Tankers Begin Quiet Exit from Russian Oil Trade

Western Share in Russian Crude Exports Falls in July. EU-UK Enforce Stricter $47.60 Oil Price Cap. Greek Tankers Regain Ground but Face Sanctions...

APM Terminals Hits Record Volumes, Strengthens Partnerships

APM Terminals achieved record-high volumes in Q2 2025 across all regions, despite facing volatile market conditions. Strong partnerships with customers, governments, and industry...

North Star Inks Major Vessel Deal with RWE

North Star has signed landmark agreements with RWE for four hybrid-powered commissioning/service operation vessels (C/SOVs), marking the largest deal in its history. The...

Elbdeich Orders Two 5,100 TEU Boxships from Huangpu Wenchong

Elbdeich Reederei, a German shipowner, has ordered two 5,100 TEU widebeam container ships from CSSC Huangpu Wenchong Shipbuilding for delivery in 2027. These...

GCMD and INTERCARGO Join Forces to Accelerate Dry Bulk Decarbonisation

GCMD and INTERCARGO have entered a two-year partnership to support energy transition efforts in the dry bulk sector. The collaboration focuses on promoting...

Scrapping Of Sanctioned Tanker Stalled Amid Legal Dispute

The demolition of a shadow fleet tanker flagged under Comoros has hit a legal roadblock in India. The vessel, initially arrested after a failed...

Strengthening Singapore’s Maritime Sector Through Data-Driven Insights

In an ongoing effort to strengthen and future-proof the maritime industry, the Maritime and Port Authority of Singapore (MPA) has launched the Maritime Census...

Fire Aboard Container Vessel Contained By Swift Chinese Rescue Response

A potentially devastating fire incident at sea was successfully contained thanks to the prompt action of Chinese maritime authorities. The blaze broke out aboard...

Dry Bulk Weekly: Capesize Strengthens, Panamax Steady, Supramax Firms Gradually

The dry bulk market presented a mixed picture this week across vessel segments. While Capesize rates saw firmer support, the Panamax sector remained cautious...

Weekly Tanker Report: VLCCs Lead with Gains, Suezmax Surges, Aframax Steady

The global tanker market has shown notable activity across all major segments this week, with bullish signs in the VLCC and Suezmax markets, while...