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Ships Near Strait of Hormuz Transmit Unusual Messages to Deter Attacks
Merchant vessels navigating the tense waters near the Strait of Hormuz have begun broadcasting unconventional radio messages in a bid to prevent attacks amid...
Crude Under Pressure: Global Tensions Lift Prices, Demand Wavers
Oil prices rebound above $85/bbl amid rising geopolitical tensions, particularly in the Middle East and North Africa.
Demand outlook remains fragile, with uneven...
Rhine River Levels Drop to Critical Lows, Forcing Vessels to Halve...
A sustained heat wave across Western Europe has led to a significant drop in water levels on Germany's crucial Rhine River, severely disrupting shipping...
Jinglu Shipyard’s New Builds Feature Advanced Environmental and Efficiency Systems
On June 28, 2025, a significant event in the shipbuilding world took place at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard) with...
New Low-Pressure LCO₂ Carriers Promise Cost-Efficient Carbon Transport for Net-Zero Goal
Liquefied Natural Gas (LNG) is increasingly vital in the global energy landscape, serving a dual purpose: enhancing energy security and significantly contributing to emissions...
Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades
The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates....
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