Global Container Market Slips Amid Red Sea Transit Shift
This week’s Baltic Exchange Container Report shows a slide across major lanes.
The Suez Canal Authority has this week announced that it has had talks between themselves, Maersk, and CMA CGM, and that both carriers...
Ukrainian Naval Drones Strike 2 Russian ‘Shadow Fleet’ Oil Tankers
Ukrainian naval drones hit two tankers operating under sanctions in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, as Kyiv tries to pile...
Russia Fast-Tracks Sea Trials for Its Debut Domestically-Made LNG Carrier
Russia’s first domestically constructed LNG Carrier, Aleksey Kosygin, is undergoing its fourth round of sea trials in the Far East as Moscow races to ready the vessel for the upcoming winter navigation season along...
Explosion and Fires Hit Sanctioned Tankers in the Black Sea Off Türkiye
According to Euronews, two sanctioned oil carriers caught fire in the Black Sea near Türkiye. The incidents happened only a few dozen nautical miles off the coast. All crew members were rescued, while investigators...
MAMII Summit in Brussels Accelerates Global Push to Cut Methane Emissions from Shipping
The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels, bringing shipowners, engine designers, technology providers and EU policymakers together to accelerate efforts to reduce methane emissions from shipping.
Shipping Leaders...
Russia Fails to Regain IMO Category A Seat for the 2026–2027 Term
Russia was not elected to the top category a of the council of the International Maritime Organization (IMO) for the 2026–2027 term, according to results published on the IMO’s official account on social media.
Russia’s...
Kandla Port Handles 100MT Cargo in FY 2025-26
Deendayal Port Authority (DPA), Kandla, has become the fastest major port in the country to handle 100 million metric tonne (MMT) of cargo in the financial year 2025-26, reports Awaz the Voice.
Achieved ahead of...
Ningbo Freight Index Climbs on Key Westbound Routes Despite Middle East Dip
Europe and Mediterranean Routes Lead Weekly Rate Gains.
Middle East Lane Falls as Other Trades Strengthen.
Index Update Highlights Strong Westbound Momentum and Active Surcharge Structure.
Freight rates from Ningbo have seen an uptick...
Container Market Faces Sliding Rates and High Capacity
Container Markets Shift as Rates Slide and Cancellations Rise.
Blank Sailings Keep Capacity High While Strikes Add Fresh Delays.
Carriers Monitor Possible Suez Return Amid Expanding Supply.
Over the weeks from 49-2025 to 01-2026,...
Canadian Bulker Refloated After Detroit River Grounding
Canadian Bulker Refloated After Detroit River Grounding.
Strong Winds and Low Water Levels Push Stone Carrier Aground in Detroit River.
Second Detroit River Grounding This Month as Water Levels Drop.
A bulk carrier flying...