LATEST ARTICLES

Piracy in Asia Surges in 2025 as Incidents Hit New High

Asia recorded a sharp rise in piracy and sea-robbery cases, reaching 127 incidents by early December. The Singapore Strait remained the highest-risk corridor, driven by frequent attacks on transiting vessels. Bulk carriers were...

CMES Flags Multi-Year VLCC Boom as Tanker Demand Surges

China Merchants Energy Shipping expects a strong VLCC market through 2026 and possibly into 2027–28. Demand for compliant modern tankers is tightening as long-haul flows hit record highs. Ageing fleets, refinery constraints, and...

PortMiami Posts TEU Growth & Breaks Cruise Passenger Record

Cargo volumes climbed to 1.11 million TEUs, marking 11 straight years above one million. Cruise traffic hit an all-time high with 8.56 million passengers. Officials attribute the port's growth to strategic investments and...

BYD and Corvus Sign Strategic MoU to Accelerate Next-Generation Marine Battery Solutions

BYD Energy Storage, a global leader in the energy storage sector, and Corvus Energy AS (Corvus), the market leader in marine energy storage systems (ESS), today announced the signing of a Memorandum of Understanding (MoU) to...

Euroseas Secures Multi-Year Charters for Three 2,800 TEU Vessels, Adding $75 Million in Expected...

Euroseas Ltd. has secured new forward charter agreements for three of its modern fuel-efficient 2,800 TEU container vessels: the M/V Leonidas Z, M/V Gregos and M/V Terataki. Euroseas is a shipowner and operator of...

North Sea Study Reveals Methanol Voyages Can Slash Emissions by 80% on Tyne–IJmuiden Route

According to Safty4Sea, methanol-powered voyages on the Tyne–IJmuiden corridor could cut greenhouse gas emissions by up to 80% while avoiding as much as £420 million in future regulatory costs. The study positions this busy...

Global Volumes Climb 2.8% in October Amid Softening Price Index

According to Container Trades Statistics Ltd., global container volumes strengthened again in October, rising 2.8% from September and returning above the 16 million TEU threshold. Liftings reached 16.3 million TEUs, marking the sixth time...

Global Trade Surges to a Record $35 Trillion as East Asia and Africa Drive...

Global trade is projected to grow about 7% this year, adding $2.2 trillion and marking a new all-time high. East Asia, Africa and South–South trade continue to power the expansion, while manufacturing—especially electronics—remains the...

Fed Cuts Interest Rates Again as Markets Rally to New Highs

According to the latest update from Yahoo Finance, the Federal Reserve lowered interest rates by 0.25% at the close of its two-day meeting. The move marks the third rate cut this year and immediately...

US–China Trade Corridor Faces Structural Collapse Amid Long-Term Decoupling Trends

Recent trade data from both the United States and China reveals that the world’s most significant trade corridor is undergoing a fundamental shift. What was once seen as temporary fluctuation due to tariffs or...