LATEST ARTICLES

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....

New Asset Freezes and Export Controls Target Russia as Japan Adjusts Oil Cap

Japan has lowered its price cap on Russian crude oil to $47.60 per barrel, aligning with a similar move by the European Union. This action is intended to punish Russia for its continued war...

Lessons Learned: Cargo Quality Issues on Bulk Carrier During Wheat Transport

A supramax bulk carrier transporting wheat for human consumption from a European port to a Middle Eastern port experienced cargo quality issues upon discharge. The report is based on official inspection findings during the...

Container Shipping Week 37: Trade Lane Performance and Market Developments

Container freight rates steadied in mid-September, supported by carriers’ blank sailings and reduced services. CMA CGM confirmed it will not add a surcharge on U.S. port calls as new USTR fees take effect...

Gas Market Report Week 37: Baltic Exchange Update

LNG rates eased across key routes, with muted demand and steady vessel supply keeping the market subdued. BLNG2 US Gulf–Continent and BLNG3 US Gulf–Japan routes recorded slight declines, while Pacific activity remained flat. ...