The UP World LNG Shipping Index rose 2.17% in Week 52-2025, closing at 163.52 points. Despite the weekly rebound, the index finished 2025 down 3.43% after prolonged sideways trading. Spot LNG charter rates...

China continued large-scale military drills around Taiwan, including live-fire rocket launches and naval deployments. Taiwan reported heightened military activity, with more than 130 aircraft and 22 vessels detected in a 24-hour period. The...

Korea has launched the M.AX Alliance to speed up autonomous ship development. Government, shipping, shipbuilding, AI firms, and academia are working together. The focus is on faster testing, shared data, and global standard...

Ocean Network Express (ONE) has named the sixth S-Series containership, “ONE Satisfaction.” The vessel boosts fleet capacity for long-haul container trades. The naming ceremony reflects ONE’s ongoing fleet expansion strategy. Container shipping line Ocean...

The EU is considering ending the Russian oil price cap and replacing it with a full ban on Western shipping services Around 43% of Russian oil exports currently rely on Western-owned or insured...

Panamax underperformed in 2025 as the US-China grain trade collapsed by nearly 78% Recent trade talks have triggered a visible rebound in forward grain cargoes Second-hand Panamax values are already reacting to improved...

China now accounts for over 70% of global shipbuilding orders, backed by strong state support and industrial scale The country leads both commercial and naval ship construction, with faster build and replacement cycles ...

Container freight indices recorded a modest year-end rally, led by a 6.7% rise in the SCFI. Fourth-quarter CCFI averages remain significantly below third-quarter levels, reflecting continued earnings pressure on carriers. Selected services have...

A Prysmian-led joint venture with Fincantieri has agreed to acquire Xtera, a specialist in turnkey submarine telecom systems. The transaction positions Prysmian as a global player in submarine telecom, complementing its leadership in...

Pacific International Lines (PIL) has successfully transported a 95-tonne substation unit from Jebel Ali, UAE, to Umm Qasr Port in Iraq, marking the heaviest cargo ever handled by the carrier’s Middle East, Horn of...