US-Japan Strike Landmark Trade Pact, Revving Up Global Markets
In a significant move that reshapes U.S.-Japan economic relations, President Trump has announced a sweeping trade deal with Japan, according to the Daily Sabah.
Major Trade Breakthrough
The agreement reduces proposed tariffs on Japanese automobile imports...
Shipping Giants Unite to Transform ARA Bunkering Industry
In a groundbreaking development for the global marine fuels industry, leading shipping and bunkering companies have come together to launch the Bunkering Services Initiative, a focused effort to address the widely reported issues of...
Maersk Quadruples Footprint in North European Liner Market
In a bold move that has reshaped the intra-North Europe liner market, Maersk has significantly increased its shipping capacity and market share within just one year, reports Alphaliner.
As most major ocean carriers maintained relatively...
Dry Bulk Fleet Growth Slows Despite Delivery Surge
Panamax and Supramax Vessels Lead New Deliveries.
Dry Bulk Ship Deliveries to Hit Six-Year High by 2026.
Fleet Growth Halves as Market Faces Softer Demand.
The global dry bulk fleet is growing at a...
TotalEnergies and CMA CGM Launch LNG Bunkering JV in Rotterdam
French Giants Partner to Expand LNG Marine Fuel in Europe.
New LNG Bunker Vessel Set for Rotterdam Under TotalEnergies-CMA CGM JV.
TotalEnergies to Supply 360,000 Tons of LNG Annually to CMA CGM.
TotalEnergies and...
GLBP to Launch First e-LNG Bunkering Facility on U.S. Gulf Coast by 2028
Texas City Site to Supply Low-Carbon e-LNG for Marine Fueling.
GLBP and Loa Carbon Partner to Deliver Ultra-Low-Carbon Marine Fuel.
Houston-Galveston Region to Get Dedicated e-LNG Bunkering Hub.
Galveston LNG Bunker Port (GLBP), a...
Crude Imports Into Asia Rise in July Despite Shift in Supply Sources
Asian Crude Arrivals Up 2.4% in July as Refineries Ramp Up Post-Maintenance.
Wider Arabian Sea Crude Share Falls Despite OPEC+ Export Surge.
Southeast Asia and U.S. Crude Offset Drop in Arabian Sea Imports.
Crude...
Shanghai Plans World-Class Shipbuilding Hub by 2027
Changxing Island to Become Global Shipbuilding Powerhouse.
Shanghai Unveils Bold Vision for Shipbuilding Expansion.
Changxing Island Shipbuilding Output to Hit $16.7 Billion.
On July 16, the Shanghai Municipal People’s Government unveiled an ambitious plan...
ILO Study Underscores Safety and Health Risks Facing Seafarers
Seafarers aged 30+ accounted for most deaths, but younger seafarers are more prone to falling overboard.
Bulk carriers, cargo ships, tankers, and container ships were involved in the majority of fatalities.
Occupational accidents...
Ripple Effects of Tariff Shifts Push Freight Rates Across Key Global Trade Lanes
US tariff shifts have caused repeated swings in container shipping demand, distorting freight rates across major trade lanes.
Spot rates from the Far East to the US and South America East Coast surged...