Linerlytica Flags Rate Slide and Record Ship Orders
Peak season cargo is front-loaded in June and July, muting tariff effect.
Transpacific and Asia-Europe rates continue to slide for the 10th consecutive week.
SCFI drops 35% over the period, with rebound prospects...
Drewry Index Extends Decline as Container Rates Fall Further
Ninth consecutive weekly decline in global container freight rates.
Tariff-driven volatility easing after sharp swings in May–July 2025.
Shanghai–Los Angeles spot rates down 2% to USD 2,494 per FEU.
Drewry’s World Container Index (WCI)...
WSC Urges Global Approach in FMC Flags of Convenience Inquiry
FMC opened a 90-day public comment period on flagging practices in May 2025.
FMC urged to engage more closely with IMO and its committees.
WSC commends FMC for addressing fraudulent registries and safety...
Panama Canal Launches Risk-Based Vessel Inspections
The initiative aims to speed up operations and uphold high safety standards.
Model reduces costs, delays, and environmental impact while improving compliance.
Physical inspections remain mandatory on first entry, valid for one year.
This...
Wuhu Shipyard Strengthens Global Presence with 37,000 DWT Asphalt Carrier Launch
Wuhu Shipyard launched the world’s largest asphalt carrier, a 37,000 DWT vessel built for TEODOR SHIPPING of the UAE.
The vessel features advanced cargo safety systems, green technologies, and intelligent design for efficient...
Nearly 96 Million Shares Issued as CMB.TECH Finalizes Golden Ocean Deal
CMB.TECH completed its $1 billion merger with Golden Ocean, issuing nearly 96 million new shares to Golden Ocean shareholders.
Golden Ocean ceased trading on Nasdaq and Oslo Børs, with new CMB.TECH shares now...
CSL Launches Hybrid Vessel Flexvik to Support European Marine Construction
MV CSL Flexvik joins CSL’s fleet to strengthen marine construction and aggregate logistics across Europe.
The 18,003 DWT hybrid vessel can transport a wide range of materials, from sand to heavy armour rock.
...
Record Containership Orders Spark Fears of Decade-Long Supply Overhang
The containership orderbook has reached a record high of 10.4 million TEU, which represents a 31.7% orderbook-to-fleet ratio, the highest since 2010. This surge in orders over the past 12 months is expected to...
Global Container Trade Resilient with Strong Intercontinental and Intra-regional Growth
Despite challenging trade conditions, global container volumes experienced steady growth in the first half of 2025. According to provisional data from Container Trades Statistics (CTS), worldwide full TEU volumes increased by 4.5% from January...
Drewry’s Equity Indices Reflect Mixed Fortunes Across Maritime Sectors
For the week ending August 15, 2025, the performance of Drewry's equity indices for the maritime industry was mixed. The port and LNG sectors saw minor gains, while the container, dry bulk, and tanker...