Drewry Index Up 3% with New Rate Increases on the Horizon

Drewry’s World Container Index increased 3% to $1,746 per 40ft container this week. Detailed assessment for Thursday, 23 Oct 2025 The Drewry World Container Index...

Saronic–NVIDIA Alliance Fuels Maritime Tech Revolution

Saronic Technologies and NVIDIA have formed a strategic collaboration to accelerate advancements in maritime autonomy and robotics and chart a bold course for the...

Port of Savannah September Volumes Up 8%

The Port of Savannah handled 486,000 TEUs in September, an 8 per cent increase year-on-year (YoY), reports Georgia Ports. Mixed trends in September cargo volumes For...

Singapore and China Launch Green and Digital Shipping Corridor

Bilateral MOUs Signed During Chinese Premier Li Qiang’s First Visit. Leaders Highlight Deepening Cooperation and Free Trade Principles. Singapore-China Corridor Builds on Existing...

Container Spot Rates Rise After Mid-October Surge

Far East to US West Coast Rate Jumps 33% Since Early October. Transpacific Spot Rates Stabilise After Mid-October Spike. Europe-Bound Fronthauls Rise but...

Supertanker Rates Surge After US Sanctions on Russian Oil Firms

Middle East-to-China Route Hits Highest Levels Since Early 2023. Sanctions on Rosneft and Lukoil Spur Market Reactions. Indian and Chinese Refiners Seek Alternatives...

Aging Tankers and Sanctioned Ships Crowd Russia’s Arctic Route

Non-Ice-Class Ships Granted Passage Under Rosatom’s Control. Over 1,300 Permits Issued in 2024, Including to Sanctioned Tankers. Western-Owned LNG Ships Continue Operating in...

Chinese Tanker Linked to Sanctioned Russian LNG Transfer

Satellite Images Show Possible Ship-to-Ship Fuel Exchange Off Malaysia. Pacific Gas Denies Ownership, Cites Compliance with Sanctions. Transfer Raises Questions Over China’s Role...

Indian Navy Leads Humanitarian Effort Following Tanker Fire

The Indian Navy led a major firefighting and rescue operation after an explosion and fire onboard an LPG carrier in the Gulf of...

HD Hyundai Shipbuilders Secure Approval for December Merger

Shareholders of HD Hyundai Heavy Industries and HD Hyundai Mipo approved their merger, clearing the way for a December 1 launch. The merger...