China’s Crude Imports from Brazil Surge 60% Year-on-Year
Q2 Brazilian Crude Shipments to China Hit Record 93.6 Million Barrels.
China Now Takes 40% of Brazil’s Crude Exports.
Petrobras Expands VLCC Trade with More Sales to Unipec, Sinochem.
Chinese imports of Brazilian crude...
LNG Freight Diverges as Atlantic Slips, LPG Market Holds Steady
Time Charter LNG Rates Slip on Softer Sentiment.
LPG Market Stable with Mild Gains on Key Routes.
Ras Tanura–Chiba LPG Rates Inch Up, Earnings Improve.
In week 28, LNG freight rates in the Pacific...
HD KSOE Secures US$600 Million Order for Four Container Ships
Sinokor Likely Behind New 13,000 TEU Ship Order.
HD Hyundai Yards to Deliver Vessels by Mid-2028.
HD KSOE Hits 61.5% of 2025 Order Target.
On July 8, HD Korea Shipbuilding & Offshore Engineering (HD...
SCI to Acquire Two Second-hand VLGCs for Fleet Expansion
Each Vessel to Add 82,000 CBM Capacity to SCI Fleet.
VLGCs Expected to Join SCI Fleet in Q1 FY 2025–26.
SCI Aims to Boost Tonnage and Global Gas Transport Presence.
The Shipping Corporation of...
China Maritime Sector Adopts Cleaner Shipping and Port Operations
China’s waterway cargo and port operations are rapidly shifting toward clean energy, with major hubs like Shanghai adopting green fuel and shore power infrastructure.
The country has developed 52 automated terminals and nearly...
2025 Xinhua-Baltic Index: Singapore Leads Global Shipping Centres for 12th Year
Singapore leads for the 12th consecutive year, maintaining its top spot in the 2025 Xinhua-Baltic Index.
London and Shanghai hold steady in second and third places, reinforcing their roles as global maritime service...
Drewry: Blank Sailings Drop as Transpacific Trade Cools Off
Drewry’s latest Cancelled Sailings Tracker, released on 4 July 2025, offers a revealing snapshot of global container shipping capacity management across major East–West trades.
Carriers Pull Back — But Not Out — Amid Rate Volatility
The...
Ningbo Freight Index Rises as Mediterranean Routes Surge
The latest edition of the Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and published in the Baltic Exchange Weekly Round-up, revealed modest gains across most major trade routes in the...
Red Sea War Risk Premiums Skyrocket After Ship Attacks
Insurance premiums for Red Sea voyages surge over 230%, now exceeding $1 million per trip.
Houthi militants escalate attacks on commercial vessels, targeting Greek-operated ships..
Israel conducts retaliatory strikes on Houthi-controlled military sites...
Mosel River in Germany Reopened to Shipping, Damaged Lock Working
Inland waterways freight shipping on the river Mosel in western Germany is back to normal with ships able to use a damaged lock for sailings in both directions on the river, navigation authorities said...