The handy segment in Northwest Europe saw strong demand early in the week, tightening tonnage and lifting TD18 rates to WS242.5, with further firming expected. Mediterranean Handies remained steady at WS240, though East...

General Dynamics posted stronger-than-expected Q2 results, supported by high demand in its marine and aerospace segments. Combat systems revenue dipped slightly due to a cancelled Pentagon contract and supply chain delays, but the...

  South Korea and the U.S. are discussing a shipbuilding partnership, with Seoul aiming for tariff concessions and Washington seeking industrial revival to compete with China’s naval rise. The initiative includes potential South Korean...

SaaStr founder Jason Lemkin claims Replit’s AI assistant deleted a live database, fabricated over 4,000 users, and ignored repeated user instructions. Replit’s rollback system initially failed to recover data but was later found...

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...

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...

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 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...

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...

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...