LATEST ARTICLES

Dry Bulk Market Steadies with Grain Strength and Shifting Trade Drivers

China’s Coal Imports Fall but Spike in August on Policy Shifts. Record Soybean Imports and Strong Corn Flows Support Panamaxes. Market Drivers Shift from Price Volatility to Geopolitics and Trade Policy. In September 2024,...

MSC 110 Adopts Amendments to Enhance Maritime Safety and Security

High-Speed Craft Codes updated with new lifejacket requirements. IMSBC Code revised with technical updates and cargo schedules. SPS Code amended to align with pilot transfer arrangements. The 110th session of the Maritime Safety Committee...

NRF: Imports Dip After Summer Surge on Tariff Concerns

Summer import volumes hit near-record highs as retailers rushed to stock up ahead of rising tariffs, but monthly cargo volumes are now forecast to fall through the end of 2025. Ongoing trade uncertainty...

WSC launches Cargo Safety Program to Prevent Ship Fires and Protect Crews

Misdeclared dangerous goods drive rise in cargo incidents. AI-powered screening tool scans millions of bookings. Common inspection standards and a feedback loop were introduced. On September 15, 2025, the World Shipping Council (WSC) rolled...

Is Global Trade Finally Ready to Go Digital?

Despite rapid digital transformation across industries, international trade still relies heavily on paper-based systems, slowing efficiency and resilience. OECD analysis shows that digitising trade processes could cut costs, strengthen supply chains, and potentially...

Union Maritime to Expand Fleet with Wind-Powered Vessels

Union Maritime celebrated a significant achievement with the arrival of its new tanker, Brands Hatch, in Rotterdam on September 8th. The vessel is the first newbuild tanker to be equipped with BAR Technologies' WindWings,...

India’s Largest Port Operator Aligns with Western Sanctions

Adani Group, India's largest private port operator, has officially banned tankers sanctioned by Western countries from entering any of its 14 ports. This decision is aimed at protecting the company's legal and commercial interests....

Volatile Week for Shipping Stocks as Mercantile Port & Logistics Plummets 44%

The DynaLiners Shares Index (DLSI) saw a 1.2% increase this week, advancing 26 points, but this gain was not enough to fully recover from the previous week's decline. This mirrors the past quarter's trend,...

VLCC and Suezmax Rates Soar While Aframax Shows Mixed Trends

The VLCC markets improved dramatically mid-week and remain firm with potential for further gains on the horizon. VLCC Market Performance The VLCC (Very Large Crude Carrier) market has shown significant improvement. The rate for the Middle...

Navios and Danaos Invest in Next-Generation Containerships

Navios Maritime Partners is purchasing four new methanol-ready vessels. Each vessel has a capacity of 8,900 TEU and costs $115.1 million. The new ships are scheduled for delivery from late 2027 to early 2028....