LATEST ARTICLES

MPV Shipping Poised for Modest Growth Despite Trade Headwinds

Project cargo supports the MPV outlook in 2026. General Cargo rates face sustained pressure. Geopolitics and regulation reshape fleet dynamics. The outlook for multipurpose (MPV) shipping in 2026 is looking cautiously optimistic, thanks to...

Container Freight Rates Extend Weekly Gains

WCI posts third straight weekly rise. Transpacific rates rebound sharply. Asia–Europe trade shows sustained strength. The Drewry World Container Index (WCI) saw a notable increase of 12%, reaching $2,182 for a 40ft container, marking...

NORDEN Secures Guinea Bauxite Logistics Contract with Africa Oil Supply

Globally operating shipping company NORDEN has signed a logistics contract in Guinea with Africa Oil Supply (AOS), commencing in early 2026. Bauxite logistics contract strengthens NORDEN’s growing presence in Africa The project is the second logistics deal for NORDEN this year following a contract announcement in May with KMG in Australia and...

Lloyd’s Register Releases Comprehensive Guidance on Nuclear Energy Adoption in Maritime

Lloyd’s Register announces the release of its latest publication, the nuclear guidance document ‘Navigating nuclear energy in maritime’. Comprehensive framework supports safe adoption of nuclear energy This comprehensive guide is designed to support project teams, owners, operators,...

Venezuela Deploys Warships To Escort Oil Tankers After US Threatens Of Possible Blockade

Venezuela has begun escorting oil tankers out of its ports using naval warships after statements by US President Donald Trump warning of a full maritime blockade on Venezuelan oil shipments, according to reports by...

Amasus Installs Largest Suction Sail on General Cargo Vessel with bound4blue

bound4blue and Amasus Shipping have completed the installation of a 22-metre eSAIL® on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both...

EU Sanctions Deadline Drives Record $500,000 Premium for LR2 Suez Transits

The premium for Long Range 2 tankers transiting the Suez Canal, compared with the longer Cape of Good Hope route, hit a record high of about $500,000 as traders and refiners are in a...

France Detains Crew Member Over Suspected Foreign Interference Case

Latvian Crew Member Held on Hacking Charges. Authorities Probe Suspected Foreign Power Link. Cyber Intrusion Detected on Ferry Systems. A crew member from Latvia has been taken into custody in France, facing charges of...

Russian Crude Tankers Take Longer Coastal Routes in the Black Sea

Coastal Detours Replace Direct Black Sea Crossings. Routes Near Georgia and Turkey Seen as Safer. Sea Drone Threat Drives Navigation Changes. Oil tankers carrying Russian crude across the Black Sea are increasingly steering clear...

Container Carriers Channel New Capacity Into Africa and Middle East–ISC Trades

Global container fleet capacity rose 7.3% year on year to 33.2 Mteu, adding 2.27 Mteu of slots. Most new capacity was deployed on Africa, Middle East–Indian Subcontinent, and Far East–Europe trades. Sub-Saharan Africa...