India Charts $1 Trillion Maritime Investment Roadmap
India has announced a $1 trillion maritime investment roadmap to transform ports, shipping, and logistics, with a focus on joint ventures in port and cargo terminal development.
The roadmap emphasizes sustainable growth, including...
India Charts $1 Trillion Maritime Investment Roadmap
India has outlined a $1 trillion maritime investment roadmap focusing on ports, logistics, shipbuilding, and sustainable shipping.
Union Minister Sarbananda Sonowal announced the initiative at the curtain raiser of India Maritime Week 2025.
...
Xeneta Weekly Ocean Container Market Update – Aug 28, 2025
Average spot rates on key Far East fronthauls continue to decline, bringing levels closer to pre-Red Sea crisis benchmarks.
The steepest recent weekly drop was on the Far East–North Europe trade, while Transatlantic...
TSUNEISHI SHIPBUILDING Builds Its Largest-Ever Methanol-Powered Container Carrier
TSUNEISHI Group’s Zhoushan shipyard launched its largest-ever 5,900 TEU methanol dual-fuelled container carrier on August 27, 2025.
The vessel offers capacity for 5,915 TEU, including up to 1,400 refrigerated containers, while delivering improved...
BIMCO Forecasts Tanker Freight Rate Recovery in H2 2025
BIMCO’s Tanker Shipping Market Overview & Outlook (August 2025) projects a potential recovery in freight rates in the second half of 2025.
The crude tanker market is expected to remain balanced in 2025–2026,...
Samsung Heavy Industries Delivers Minerva LNG Carrier
Samsung Heavy Industries has launched the 174,000-cbm LNG carrier Minerva Roxanne, built for Greek shipping company Minerva Gas.
The vessel, along with its sister ship Minerva Eleonora, is expected to serve under long-term...
Panamax Leads Dry Bulk Gains
Overall dry bulk rates climbed last week, with all but capesize rates ending up week-on-week. Panamax rates rose by the largest amount. While capesize rates ended the week down by 15%, noteworthy is that...
Asia-US September Container Rate Hikes Pressured by Weak Demand
Ocean carriers have announced rate increases for shipping containers on the Asia-US trade lane, but industry analysts expect rates to continue facing downward pressure amid soft demand and the lack of a peak season.
Lars...
Piracy and Armed Robbery Surge in the Straits of Malacca and Singapore
Incidents of piracy and armed robbery in the straits of Malacca and Singapore have nearly quadrupled in the strategic waterways this year, according to a new report from an anti-piracy monitoring group.
In the first...
Arctic Mulan’s Arrival in China Marks a Breakthrough for Russia’s Arctic Gas Exports
A sanctioned Russian gas carrier has docked at a Chinese import terminal for the first time, marking a significant development for Russia’s beleaguered Arctic LNG 2 project. The vessel, named Arctic Mulan, arrived at...