China Passes Revised Maritime Legislation
China's top legislature on Tuesday passed the country's newly revised Maritime Law, which will take effect on May 1, 2026, reports Xinhua News.
China revamps Maritime rules
The revised law was approved at the 18th session...
Sea-Intelligence: Reliability Gaps Among Carriers Keep Growing
In a revealing analysis, Sea-Intelligence reports that despite significant consolidation in the container-shipping industry, the disparity between the most and least reliable major carriers has grown markedly since 2016. This widening performance gap indicates...
Baltic Gas Index Soars Amid Rising Charter Demand
The Baltic Exchange’s week 44 “Gas Report” highlights a pronounced uptick in LNG freight rates—driven by scarce tonnage and rising Pacific demand—while the LPG market rebounded with firmer enquiry levels and improved earnings.
LNG
The LNG...
India Unveils World’s First Indigenous Marine Engine Monitoring Technology
In a landmark advancement for India’s maritime industry, the Indian Register of Shipping (IRS) and Neptunus Power Plant Services Pvt Ltd have unveiled the nation’s first indigenously developed marine engine condition-monitoring technology, reports Marine...
Lessons Learned: Main Engine Gets Damaged Due to Broken LO Filter
The Swedish Club has issued its latest Monthly Safety Scenario for October, presenting an incident of extensive main engine damage due to broken lube oil (LO) filter.
Acontainer vessel experienced extensive main engine damage due...
Trump Approves Nuclear Submarine Project Amid Rising Tensions
U.S. President Donald Trump announced that he has approved South Korea to build a nuclear-powered submarine, a move that could significantly alter the regional security landscape and challenge long-standing non-proliferation norms, reports Reuters.
The decision,...
Mediterranean Routes Lead Freight Rate Rally as NCFI Surges Sharply
Freight rates on major routes from Ningbo rose sharply this week, driven by a rebound in cargo volumes and improving demand across European and Mediterranean markets, reports Baltic Exchange.
According to the Ningbo Shipping Exchange,...
World’s Largest Cargo Sailboat Finishes First Atlantic Crossing
Storm in North Atlantic Tests World’s Largest Cargo Sailboat
Neoline CEO Says Voyage Proves Vessel’s Resilience
Wind-Powered Design Aims to Cut Emissions by Up to 90%
The Neoliner Origin, the largest cargo sailboat in...
Tentative Calm Returns to Global Ocean Freight Markets
US–China Port Fee Truce Eases Trade Tensions.
Carriers Withdraw 10% of Sailings to Manage Capacity.
October Cancellations Surge but November Outlook Improves.
After months of ups and downs, the global ocean freight market is...
Maersk Strengthens India Presence with $2B Port Expansion and Local Partnerships
Maersk, a global integrated logistics company, announced a series of strategic initiatives reinforcing its long-term commitment to India's maritime sector during India Maritime Week 2025. Maersk is intending to significantly expand its operational footprint...