Norden Profits from MR Tanker Surge

Danish shipping heavyweight Norden is doubling down on its strategy of converting leased tonnage into owned assets—and then reselling them for a profit, according...

HAROPA PORT & Ningbo-Zhoushan Partner to Advance Green Shipping

At the 10th Maritime Silk Road Port Cooperation Forum in Ningbo, HAROPA PORT and the Port of Ningbo-Zhoushan signed a strategic partnership agreement aimed...

TORM Takes Full Control of ME Production to Boost Green Shipping

TORM (TRMD, Financial) has acquired the remaining 25% stake in ME Production (MEP), thereby achieving full ownership and bolstering green maritime innovation. ME...

Gulf of Guinea Piracy Surges as Container-Based Drone Attacks Escalate

Cargo Vessel Attacked Near São Tomé as Gulf of Guinea Piracy Rises. Drone Attacks From Shipping Containers Escalate Maritime Security Threats. Ukraine Uses...

Capesize Freight Rates to Rise on Tight Supply and Strong Demand

Limited Fleet Growth and Robust Commodity Demand Support Capesize Market. Ageing Fleet and Low New Orders Boost Long-Term Capesize Earnings Outlook. Iron Ore...

World’s Largest Container Vessel Calls at South Asian Port for the...

World’s Biggest Boxship Arrives at Vizhinjam Amid Port Congestion. MSC Irina Anchors Off Kerala Coast, Berthing Expected by June 8. Captain from Kerala...

Europe–Far East Trade Drives Container Fleet Growth in 2025

Far East–Europe Trade Absorbs 31% of New Capacity. Far East–Europe Route Sees 40.8% Growth in Two Years. 24.4% of Global Fleet Now Serves...

Greek Shipowners Reduce Orders but Gain Market Share in 2025

Greek Shipowners Prioritise Strategy Over Volume. Tankers and Containerships Dominate Greek Orders. Tankers Show Stable Fundamentals, Containerships Normalise. The global newbuilding market has hit...

IHMA and UNCTAD Partner to Boost Port Capacity

The International Harbour Masters Association (IHMA) and UNCTAD’s TrainForTrade Programme have signed a memorandum of understanding (MoU) to advance training, collaboration, and capacity...

Port of Corpus Christi Completes Key Channel Upgrade, Boosting U.S. Energy...

The Port of Corpus Christi has marked the near-completion of its Channel Improvement Project (CIP), a major infrastructure initiative deepening the Corpus Christi...