LATEST ARTICLES

DP World Antwerp Invests €230M to Expand Capacity by 30%

DP World Antwerp has completed a €230 million expansion to increase terminal capacity by 30%. The project strengthens the Port of Antwerp’s position as a major European logistics hub. Investments focus on automation,...

Frontier Resources to Acquire Hyundai LNG Shipping in 3.8 Trillion Won Deal

Frontier Resources will acquire Hyundai LNG Shipping in a deal valued at 3.8 trillion won, including debt. The buyer is an affiliate of Indonesia’s Sinar Mas Group. Hyundai LNG Shipping has evolved into...

Hengli Heavy Industries Secures Strategic Order for 12 Vessels from Singapore’s EPS

Hengli Heavy Industries has signed a contract to build 12 vessels for Eastern Pacific Shipping (EPS). The order includes VLCCs, LNG dual-fuel Suezmax tankers, and container ships. EPS has selected Hengli as a...

NYK Europe Warns Fragmented Emissions Rules Could Disrupt Global Shipping

NYK Europe cautions that overlapping regional emissions rules could harm global shipping. Delays in IMO’s global Net-Zero Framework are increasing the risk of fragmented regulations. Differences between EU and potential national fuel standards...

Economies Face $14 Billion in Annual Losses from Maritime Chokepoint Disruptions

Disruptions at major maritime chokepoints impact nearly $192 billion in global trade each year. The global economy loses an estimated $14 billion annually due to delays, rerouting, insurance, and higher freight rates. Strategic...

Japan Unites Shipbuilders and Carriers to Accelerate Next-Generation Low-Carbon Vessel Development

Japan’s largest shipping groups are tightening their partnership with major domestic shipyards to accelerate development of next-generation low-carbon vessels, beginning with liquefied carbon dioxide (LCO₂) carriers for carbon-capture projects, according to Nikkei Asia and...

China’s First Private-Built Ultra-Large LNG Carrier “Xinfu124” Begins Sea Trials

The "Xinfu124", a 175,000-cubic-meter liquefied natural gas (LNG) carrier built by Jiangsu Yangzi Xinfu Shipbuilding in Taixing, embarked on its ocean trials on Nov 20, under the coordination and support of maritime authorities. Yangzi Xinfu...

Suez Canal Voyages Gain Premium as Owners Avoid Risky Route

Owners Reluctant Despite Improved Security. Charterers Push for Suez but Struggle to Find Suez-Suitable Ships. Insurance and UBO Profiles Key to Route Eligibility. Clean tanker voyages through the Suez Canal are now costing an...

Global Schedule Reliability Drops in October as Carrier Performance Diverges

Global Reliability Falls to 61.4% in October 2025. Average Vessel Delay Rises to 4.98 Days. Maersk Leads Carriers; PIL at the Bottom. The global industry saw a drop in schedule reliability, slipping 3.5 percentage...

UK Plans ETS Expansion to Cover International Maritime Emissions

UK Consults on Adding International Voyages to ETS from 2028. 50% Emission Coverage Proposed for UK-Linked Global Routes. Full Coverage Achieved on UK–EEA Voyages via UK ETS + EU ETS. The UK is gearing...