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Russian Arctic LNG 2 Project Resumes Shipments with Sanctioned Vessels
A fifth sanctioned Russian LNG carrier, the Iris, has arrived at the Tieshan terminal in the Port of Beihai, China, on September 16, 2025....
South Korea Announces New National Policy to Boost Maritime Power
The Ministry of Oceans and Fisheries in South Korea has finalized a new set of national policy tasks aimed at transforming the maritime and...
Towing Operation Underway for Stricken Tanker near Stewart Island
A product tanker, which had been stranded since September 10, 2025, near Stewart Island, has been reached by a rescue tug. The vessel experienced...
Polarstern Icebreaker to Feature Advanced Steerprop Propulsion System
TKMS has selected Steerprop to provide the propulsion system for Germany's new polar research icebreaker, the Polarstern. This decision highlights the importance of reliability,...
Seasonal Strength to Drive Capesize Rates Higher
The dry bulk market, which had recently seen a surge in spot indices, is expected to continue its upward trend.
Spot rates
Capesize spot rates increasing...
Euroseas Ltd. Announces $5.65 Million EBITDA from New Charter
Euroseas Ltd. has announced a new time charter contract for the vessel M/V Jonathan P. The agreement, which starts in November 2025, will last...