LNG timecharter rates soften slightly across all terms. LPG market surges on Neo Panama Canal congestion fears. Ras Tanura–Chiba LPG rates climb on...

Breakerless MVDC becomes first to receive ABS NTQ. ABS highlights collaboration for next-gen vessel tech. HD KSOE targets zero-carbon electric propulsion leadership. ABS reports...

Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) has reached its 600th vessel delivery, marking a major milestone in China’s shipbuilding progress. Over 26 years,...

China has launched the Xingji Guihang, its first carrier rocket maritime recovery vessel and the world’s fifth of its kind. The 100-meter-long vessel...

The Ningbo Containerised Freight Index (NCFI), which reflects weekly fluctuations in freight rates for standard containers departing from Ningbo to key global markets, recorded...

In Week 32 of 2025, global container freight rates experienced a significant decline, with the Baltic Exchange Freight Index (FBX) falling by $213, or 9%...

Global container shipping remains under pressure due to trade policy shifts, changing demand patterns, and capacity imbalances. Between Week 33 and Week 37,...

Geopolitical uncertainty and easing newbuilding prices slowed global ship orders in H1 2025, with many owners delaying investments. Container ships remained strong, accounting...

HD Hyundai signs MOA to integrate Anduril’s autonomous systems into USVs. Joint USV prototypes planned for Korean and U.S. markets by 2027. Korean...

Refiner struggles to supply fuel to retail stations, cuts crude runs. EU sanctions trigger shipping contract terminations and Microsoft service suspension. India considers...