Global Dry Bulk Fleet Grows as Deliveries Outpace Demolition in 2025
Fleet growth continues as newbuild deliveries outpace demolitions
Supramax, Handysize, and Panamax segments dominate global fleet composition
Demolition remains critically low at just 0.3% of global fleet.
As we look at the first nine...
Grounded Bulk Carrier Refloated Safely Near Dung Quat Port
Vessel carrying 174,790 tonnes of iron ore loses control while waiting to berth.
Anchor drag in heavy weather led to loss of control and grounding.
Rescue teams deploy three tugboats to refloat the...
Matson Paid $6.4 Million in China Port Fees Since Levies Began in October
U.S. and China agree to suspend reciprocal port levies for 12 months.
Matson awaits refund and implementation guidelines from the authorities.
Trade fees initially aimed to boost U.S. shipbuilding and curb China’s influence.
U.S....
Global Ports Set Sail for Sustainability with $1 Billion Green Loan Initiative
C40 Cities, a worldwide network of major cities’ mayors working to tackle the climate crisis and halve greenhouse gas (GHG) emissions by 2030, has unpacked a global port sustainability-linked loan (SLL) initiative.
C40, IFC &...
China’s Push for Green Bunkering Faces Delays as High Costs Keep Biobunker Market Behind...
China's Ministry of Commerce has expressed support for the blending of domestically produced biodiesel with marine fuel oil within Chinese comprehensive bonded zones, as part of an announcement aimed at expanding green trade. However,...
Suez Canal Traffic Rebounds as 229 Vessels Resume Transit in October
229 Ships Resume Transit in October After Regional Tensions Ease.
SCA Meets 20 Shipping Lines to Discuss Red Sea Developments.
Canal Traffic Rises with 4,405 Vessels from July to October 2025.
Admiral Ossama Rabiee,...
IRS Leads the Way in Maritime Innovation and Trade Collaboration at India Maritime Week...
The Indian Register of Shipping (IRS) took centre stage at India Maritime Week 2025, reinforcing its position as a key technical enabler within the maritime ecosystem. Through strategic Memoranda of Understanding (MoUs) and...
Wallem Group Celebrates 100 Years in Hong Kong – A Century of Maritime Excellence
The Wallem Group has reached a historic milestone, celebrating a century since establishing its headquarters in Hong Kong. This centenary marks not just a corporate achievement but a testament to the company’s resilience, innovation,...
Next-Gen Navigation: Sperry Marine Sets New Standard for Heavy-Lift Ship Operations
Container News reports that Sperry Marine has delivered its first VisionMaster integrated-bridge system for the new Orca Class heavy-lift vessels owned by SAL Heavy Lift, positioning the platform as a benchmark for heavy-lift...
Panama Canal Bets on LPG Boom to Steady Shipping Amid Global Trade Slowdown
The Panama Canal Authority announced it is placing a strategic focus on liquified petroleum gas (LPG) and agricultural‐commodity transits to help navigate a projected slowdown in global cargo flows. With world trade growth...