ITF Calls for Warlike Zone Status in Hormuz, Gulf of Oman, and Israeli Ports
The International Transport Workers' Federation (ITF) has urged the Joint Negotiating Group (JNG) to classify the Strait of Hormuz, Gulf of Oman, and Israeli ports as Warlike Operations Areas (WOAs) due to escalating military...
Stena RoRo Upgrades Stena Foreteller With Added Deck And Green Tech Enhancements
Stena RoRo has completed a major retrofit of the Stena Foreteller at the CMI Jinling shipyard in Weihai, China. The transformation includes a fourth vehicle deck and several sustainability upgrades, aligning with Stena Line’s...
Fleet Shifts and Rate Drops Shake Up Dry Bulk Shipping Outlook
The dry bulk shipping industry is navigating a challenging landscape in 2025, as revealed in Drewry’s latest Dry Bulk Shipping Financial Insight – July 2025. The sector faces mounting pressure from geopolitical tensions, global...
Asia–NAWC Capacity Volatility Surges to Record Levels
Sea‑Intelligence reveals that weekly container capacity fluctuation on the Asia–North America West Coast (NAWC) trade has more than tripled since 2012, driven by blank sailings, schedule shifts, and vessel size inconsistencies.
Asia-NAWC capacity volatility more...
Chill in the Gas Trade: Baltic Report Shows LNG Rates Falling Globally
According to the Baltic Exchange Gas Report for Week 27, global LNG freight rates fell across major trading routes, reflecting cooling demand and fewer spot fixtures. The decline was observed in both the Atlantic...
P&O Maritime Logistics to Acquire NovaAlgoma Cement Carriers
P&O Maritime Logistics (POML), a wholly owned subsidiary of Dubai-based DP World, has entered into a definitive agreement to acquire a controlling stake in leading pneumatic cement carrier operator, NovaAlgoma Cement Carriers (NACC), reports...
Kongsberg Powers Next-Gen Shuttle Tankers in Major Offshore Expansion
Kongsberg Maritime selected to deliver advanced control and positioning systems for nine next-generation shuttle tankers.
The vessels will support long-term charter operations in Brazil’s offshore oilfields.
The Project showcases integration of digitalization, safety,...
Singapore Conference 2025 Puts Maritime 4.0 in the Spotlight
The maritime industry is entering a pivotal phase of transformation, and this year’s Nautical Institute (Singapore) Conference 2025 is set to lead the conversation, reports All About Shipping.
Returning on 17 July 2025 at Furama...
Banks Show Resilience as Global Ship Finance Grows Despite Challenges
Banks Post 2% Growth in Ship Lending Amid Industry Pressures.
Chinese Leasing Puts Pressure on Traditional Maritime Lenders.
Environmental Demand Spurs Growth in Ship Financing Activity.
BNP Paribas continues to hold its title as...
‘One Big Beautiful Bill’ to Boost U.S. Shipbuilding with $29Bn Investment
Landmark Maritime Bill Targets Navy Modernisation and Industrial Base.
$5 Billion Allocated to Boost Naval Shipbuilding Programs.
Training, AI, and Advanced Manufacturing Backed in New Shipbuilding Law.
The U.S. Congress has just passed the...