NY-NJ Port Tops U.S. Seaports in May 2025

The Port of New York and New Jersey handled 774,698 TEUs in May 2025, surpassing all other U.S. ports and showing long-term growth. East Coast ports outperformed their West Coast counterparts, which saw...

Sanctioned LNG Vessel Reaches Arctic LNG 2 as Loadings Poised to Resume

Iris LNG (formerly North Sky), a U.S.-sanctioned LNG tanker, arrived at Arctic LNG 2 on June 26, according to S&P Global data. Loadings from the Novatek-led project have been suspended since October 2024...

IEA Forecast: Oil Demand to Peak in 2029, Implications for Tanker Markets

IEA projects global oil demand to peak in 2029 at ~105.5 mbd, with growth driven by Asia Pacific petrochemicals and aviation. China’s demand growth slows dramatically (+100 kbd to 2030), offset by increased...

U.S. Executive Order on Seabed Mining Opens New Frontiers for Shipping Industry

A new Executive Order from President Trump aims to boost seabed mineral extraction, creating lucrative opportunities for vessel owners and operators. The move addresses critical raw material supply risks by promoting U.S.-led deep-sea...

UWL Partners With Emirates Shipping Line To Scale Sun Chief Express Service

UWL, a leading American-owned non-vessel operating common carrier (NVOCC), has announced a strategic vessel-operator partnership with Emirates Shipping Line (ESL), based in the United Arab Emirates. This move is set to elevate the capabilities of...

A Tall Ship Adventure in the Mediterranean

There’s something undeniably enchanting about sailing aboard a tall ship. As Amy Bell reflects in the Financial Times, the magic lies not only in the beauty and historical significance of the vessels but also...

Korea And Australia Launch Feasibility Study For 2029 Green Shipping Route

The Ministry of Oceans and Fisheries of Korea has announced the launch of a feasibility study for creating a green shipping route between Korea and Australia. The initiative marks a significant move toward zero-carbon...

ABS Opens Hellenic Ship Safety Center In Athens

American Bureau of Shipping (ABS) has launched the Hellenic Ship Safety Center (HSSC) in Athens, a next-generation training facility that introduces immersive learning techniques such as virtual reality (VR), game-based scenarios, and simulated ship...

India Launches SMFCL First Maritime NBFC To Boost Port & Shipping Projects

In a landmark development for India’s maritime sector, Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, officially inaugurated Sagarmala Finance Corporation Limited (SMFCL) — India’s first dedicated Non-Banking Financial Company (NBFC) in...

Santa Marta Named World’s Most Reliable Deep-Sea Port In New Global Ranking

A new analysis by Sunday Spotlight (Issue 720) ranks the world’s deep-sea container ports based on schedule reliability, revealing surprising results that challenge traditional assumptions about global port performance. Methodology: Weighting Recency and Volume The study...