LNG and LPG Shipping Markets See Diverging Trends Amid Shifting Chartering Sentiment
The LNG market remained mixed, with stable activity and softening time charter rates, while Pacific and transpacific routes showed selective movements.
In contrast, the LPG market strengthened across all key routes, driven by...
Captain & Watch Officer Arrested After Cargo Ship Runs Aground Off Crete
The Sierra Leone-flagged cargo ship ran aground near northeastern Crete on July 24 while transporting plaster from Sitia to Lebanon.
All 14 crew members were safely evacuated following a coordinated rescue operation involving...
Tamarack Delivery Ushers in New Era of Bulk Shipping
Import and export container volumes increased in June 2025, balancing a 5.46% drop in transhipments and keeping overall container traffic stable.
Valenciaport processed 2.83 million containers in the first half of 2025 —...
Vertom Group’s LABRAX Fleet Expands: MV Vertom Tula Joins the Series as a Beacon...
Vertom Group has celebrated a significant milestone with the christening and launch of MV Vertom Tula, the ninth vessel in its innovative LABRAX series. The ceremony took place at Royal T Shipyards in Kampen...
New Alliances Prioritize Reliability as Red Sea Risks Continue to Drive Volatility
The current landscape of ocean container shipping is being heavily influenced by two key factors: the formation of new carrier alliances and the continued disruption in the Red Sea. A recent webinar hosted by...
UK SHORE Program Allocates £30M to Accelerate Green Maritime Fuels and Technologies
The UK government is investing a total of £30 million (approximately €34.4 million) in a new round of funding to support the decarbonization of the country's maritime sector and stimulate local economies. The announcement...
Capesize Continues Strong Rally While Smaller Segments See Easing Rates
The dry bulk shipping market saw a mixed performance this week, with the Capesize segment continuing its strong rally while other segments experienced softening rates.
Capesize
The Capesize market remained firm and gained significant momentum in...
How Localized Disruptions Can Create Global Natural Gas Market Shocks
The global natural gas market remains susceptible to geopolitical tensions, a fact highlighted by recent events in the Middle East. While major energy chokepoints largely remained open, localized disruptions, particularly to Israel's gas exports,...
NorthStandard’s Crew Care Program Aims to Boost Emotional Well-being at Sea
NorthStandard's "Mind Matters at Sea" is a comprehensive crew care program designed to support the emotional well-being of seafarers. The program aims to address the significant challenge of mental health issues in the maritime...
Tanker Market Weekly Report Mixed Signals Across Global Segments As VLCCs Slide
The global tanker market in Week 30 (ending 25 July 2025) showed a mix of stability, moderate gains, and significant declines across vessel types and trade routes.
While the clean tanker segment remained largely steady...