LATEST ARTICLES

Historic Car Ferry City of Milwaukee Set for $1m Preservation Overhaul

The iconic S.S. City of Milwaukee, a nearly century-old steam-powered railroad car ferry and National Historic Landmark, is set to be lifted out of the water later this year for critical preservation work, according...

Zombie Ships Sail On as Venezuela Outsmarts Oil Sanctions

A tanker believed to have been dismantled years ago is now poised to arrive in Venezuela, highlighting how the country’s oil trade continues to rely on an increasingly opaque fleet of so-called “zombie” vessels...

NOCC Commissions Fourth 7,000-CEU LNG Dual-Fuel Car Carrier from CIMC Raffles

Norwegian Ocean Car Carriers (NOCC) has placed an order for a fourth 7,000-CEU LNG dual-fuel pure car and truck carrier (PCTC). The vessel will be built by China’s CIMC Raffles shipyard. This order...

Russia Slams US Blockade of Venezuela

Russia Warns US Measures Could Destabilise the Region. Call for a Pragmatic Approach and Respect for International Law. Kremlin Reaffirms Political Support for Venezuelan Government. Russia has taken a strong stance against the United...

Iran Seizes Foreign Oil Tanker Over Alleged Fuel Smuggling

Sixteen Foreign Crew Members Detained on Criminal Charges. Earlier Seizure Reported in the Gulf of Oman Involving Smuggled Diesel. Iran Steps Up Crackdown on Fuel Smuggling Amid Subsidy Pressures. Iran has recently taken control...

Pacific Basin Expands Handysize Newbuilding Programme

Pacific Basin has ordered four 40,000 dwt Handysize newbuildings for about $119 million Deliveries are scheduled for the first half of 2028 The move focuses on fleet renewal, flexibility, and fuel efficiency rather...

Uneven Finish as Large Vessels Hold, Smaller Segments Struggle

Capesize showed relative resilience, while Panamax and smaller segments stayed under pressure Seasonal slowdown and limited fresh cargo weighed on overall sentiment Market remains split, with no clear near-term catalyst for recovery in...

Volatility Returns as Tanker Rates Reposition Across Basins

VLCC earnings weakened further, slipping below $100,000/day, while Suezmax and Aframax segments posted gains. Suezmax rates were lifted by strong Atlantic demand and tight tonnage, especially in West Africa. Holiday slowdown is expected,...

Global Liner Schedule Reliability Rises to 64.1% in November

Global reliability improved month-on-month to 64.1% Average delays for late arrivals declined further Maersk led top carriers on schedule performance New alliance metrics show wide performance spread According to Sea-Intelligence, issue 172 of the...

LNG Ship Intelligence Lab Launched in Shanghai

A new LNG Ship Intelligence and Innovation Laboratory has been launched in Shanghai The lab will focus on smart LNG ships, safety, and digital technologies The project strengthens industry–university cooperation in China’s shipping...