LATEST ARTICLES

Rising Oil Sanctions Trigger Ripple Effects in Tanker Trade

The recent tightening of sanctions enforcement on Iranian and Russian oil by the US and EU may lead to notable shifts in global tanker trade patterns, reports Drewry. Revised price cap on Russian crude On Wednesday,...

Ningbo Index Sees Broad Declines in Freight Prices

The Ningbo Containerised Freight Index (NCFI), which tracks spot rates for container shipments departing from Ningbo to key global destinations, recorded a general downward trend this past week. Rates across major tradelanes, including Europe,...

Diana Shipping Acquires Nearly 10% Stake in Genco

Greek dry bulk shipowner Diana Shipping has raised its stake in U.S.-listed Genco Shipping & Trading to 9.99%, acquiring 4.29 million shares for approximately $61.7 million. The investment, made using internal funds, is...

CMA CGM Invests in Hycamite to Advance Low-Carbon Maritime Hydrogen Technology

CMA CGM has joined as a strategic investor in Finland-based Hycamite TCD Technologies through its PULSE energy fund. Hycamite’s methane-splitting plant in Kokkola is set to begin operations in 2025, producing low-carbon hydrogen...

Shipping Rates Slide Further as Overcapacity Drives More Blank Sailings

Blank Sailings Rise as Carriers Struggle to Halt Rate Decline. Drewry Index Drops Again Amid Shipping Market Volatility. Overcapacity Pressures Container Rates Despite Carrier Countermeasures. The Drewry World Container Index has taken a hit,...

Carbon Emissions Recovery in Container Shipping After Record 2024 Red Sea Conflict

Carbon emissions performance in ocean container shipping is showing signs of recovery following a record-breaking 12 months due to conflict in the Red Sea, reports Xeneta. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI),...

Russian Oil Fuels Controversy as Tanker Docks in Australia

Australia Faces Backlash Over Fuel Imports Tied to Russian Crude. Tanker Arrival Exposes Sanctions Loophole in Russian Oil Trade. Protests Erupt After Fuel Linked to Russia Reaches Western Australia. A tanker loaded with gasoline,...

Alternative Propulsion Ships Poised to Claim Majority of TEU Capacity

The global Container Ship fleet is on the verge of a symbolic and operational tipping point. Vessels powered by LNG, Methanol, or fitted with exhaust scrubbers are about to carry more cargo capacity than...

Can We Break Free From the Cycle?

Following our earlier exploration of why we wake up anxious — shaped by societal conditioning, survival-based brain patterns, and dopamine-driven distractions — this continuation moves beyond the mind into something deeper and quieter. If you...

Five Ports Received 57% of Russian Crude Transported by UK-Sanctioned Vessels

The UK has implemented sanctions on Russian "shadow" tankers, which has been successful in reducing the amount of Russian crude oil they transport. However, many sanctioned vessels continue to operate by delivering crude to...