Red Sea on Edge: Shipping Under Siege Amid Rising Attacks
Multiple attacks have sunk two bulk carriers in the Red Sea within a week, causing casualties and kidnappings.
Smaller container ships are increasingly transiting the Suez Canal, while larger vessels continue to avoid...
ITS Launches $365M Terminal Expansion at Long Beach Port
International Transportation Service (ITS) initiated a $365 million terminal expansion project at the Port of Long Beach on July 11, 2025, aimed at increasing cargo-handling capacity and efficiency, according to the company's release.
$365 million...
Brazil Implements New Biofouling Regulations to Protect Marine Ecosystems
Vessels over 24 meters must arrive with a clean hull or undergo in-water cleaning before entering Brazilian waters.
Operators must implement a Biofouling Management Plan and maintain a Biofouling Record Book.
Operational compliance...
Asia–Europe Freight Rally Hits a Roadblock as Congestion Builds
Freight rates on the Asia–Europe route have stalled despite steep general rate increases, due to weak demand and excess capacity.
Port congestion at major Asian and European terminals continues to delay shipments and...
Hong Kong Charts a Bold Course in Sustainable Maritime Development
Hong Kong is developing clean fuel infrastructure, including LNG and methanol bunkering facilities, and launching incentive programs to support low-emission vessels, positioning itself as a leader in sustainable maritime practices.
The city is...
Red Sea Ships Broadcast Religion and Nationality to Deter Houthi Attacks
Maritime Experts Warn AIS Declarations Unlikely to Prevent Targeting.
Chinese-Operated Tanker Hit Despite Houthi Assurances.
Red Sea and Bab al-Mandab Declared High-Risk by Insurers.
Commercial vessels currently navigating the Red Sea are now sending...
China’s Crude Imports from Brazil Surge 60% Year-on-Year
Q2 Brazilian Crude Shipments to China Hit Record 93.6 Million Barrels.
China Now Takes 40% of Brazil’s Crude Exports.
Petrobras Expands VLCC Trade with More Sales to Unipec, Sinochem.
Chinese imports of Brazilian crude...
LNG Freight Diverges as Atlantic Slips, LPG Market Holds Steady
Time Charter LNG Rates Slip on Softer Sentiment.
LPG Market Stable with Mild Gains on Key Routes.
Ras Tanura–Chiba LPG Rates Inch Up, Earnings Improve.
In week 28, LNG freight rates in the Pacific...
HD KSOE Secures US$600 Million Order for Four Container Ships
Sinokor Likely Behind New 13,000 TEU Ship Order.
HD Hyundai Yards to Deliver Vessels by Mid-2028.
HD KSOE Hits 61.5% of 2025 Order Target.
On July 8, HD Korea Shipbuilding & Offshore Engineering (HD...
SCI to Acquire Two Second-hand VLGCs for Fleet Expansion
Each Vessel to Add 82,000 CBM Capacity to SCI Fleet.
VLGCs Expected to Join SCI Fleet in Q1 FY 2025–26.
SCI Aims to Boost Tonnage and Global Gas Transport Presence.
The Shipping Corporation of...