Container Market Holds Firm as Suez Return Tests the Waters

First Suez transit in two years planned, but wider return still uncertain Global container throughput set to cross 1 billion TEU in 2025 Orderbook climbs to 35% of fleet, keeping long-term supply pressure...

MOL and JERA Sign Agreements for Japan’s First Large-Scale Low-Carbon Ammonia Transport Project

TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that it has signed two Heads of Agreements with JERA Co., Inc. (JERA) for a time charter contract covering two very large gas carriers (VLGCs) designed for ammonia...

Samsung Heavy Industries Clinches $500 Million LNG Carrier Contract

Samsung Heavy Industries Co. said Tuesday it has received an order worth 743 billion won (US$500 million) to build two liquefied natural gas (LNG) carriers for a shipper in the Oceania region. Strengthening Orderbook to...

Sanctioned Tankers Continue Loading Venezuelan Oil Despite US Crackdown

Sanctioned Vessels Load Venezuelan Crude After US Pressure Escalates. Naval Blockade Targets Shadow Fleet Oil Trade. PDVSA Faces Storage Crunch as Exports Disrupted. Since December 11, at least six sanctioned tankers have been spotted...

Red Sea Return Set to Reshape Container Shipping in 2026

Red Sea Transit Seen as Key Market Turning Point. Initial Port Congestion Likely Before Rate Pressure Builds. Liners Expected to Move Cautiously on Resumption. A gradual return to the Red Sea route after a...

IRS Delivers Strong 2025 Performance

Defence Projects Mark Major National Milestones. Digital Twins and Nuclear Propulsion Shape Technical Strategy. Research Output Strengthens Global Safety Contribution. The Indian Register of Shipping (IRS) had a remarkable year in 2025, making significant...

VLCC Rates Slide Sharply Despite Strong Crude Tanker Market

VLCC Volatility Returns as Middle East Gulf Market Weakens. Suezmax and Aframax Rates Remain Firm. Owners Face Sudden Spot Market Reality Check. The crude tanker market is still holding strong overall, but there was...

Global Shipping Ends 2025 Short of the Clean Fuel Breakthrough

Clean Fuel Transition Slows as Compliance Takes Centre Stage. Global Shipping Braces for a Pragmatic 2026. Decarbonisation Targets Clash With Fuel Supply Reality. As we approach the end of 2025, the global shipping industry...

Fatal Fall from Height: Lapses in Safety Procedures

An unfortunate incident occurred on board a general cargo vessel, resulting in the death of a shore technician after they fell from a height while replacing an antenna on the main mast, reports the...

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the...