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Major Newbuild Programme Launched Amid Strong Shipping Demand

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A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships. This newbuild programme...

Air Lubrication Systems Selected for Nine New RoPax Newbuilds

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  Nine new RoPax vessels being built in China will be fitted with air lubrication technology. The order marks the largest RoPax installation programme...

Global Shipping Faces Sanctions Pressure as Markets Look Toward a 2026 Rebalancing

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Break Wave Advisors reports that the global shipping market is closing 2025 under a heavy mix of geopolitical strain, shifting trade flows, and regulatory...

IOPC Funds Meeting Sets New Priorities for Safety and Compensation Rules

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The International Oil Pollution Compensation (IOPC) Funds opened its latest session in London with several important discussions about maritime safety and global compensation rules....

Container Shipping Market Shows Mixed Signals as Weekly Rates Shift Across Key Trades

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Xeneta reports that the global ocean container market continued to move unevenly in early December, with spot rates and offered capacity shifting in different...

Global Bunker Markets Hold Mixed Signals as Week 49 Closes

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Marine Bunker Exchange (MABUX) reports that global bunker prices moved without a clear direction in Week 49. Some fuel grades posted modest gains, while...

Romania Neutralizes Maritime Drone as Black Sea Security Tensions Rise

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Reuters reports that Romania destroyed a maritime drone in the Black Sea on Dec. 3 after it was judged to be a direct threat...

Sanctions Reshape Russian Oil Flows as November Export Volumes Retreat

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S&P Global Commodity Insights reports that Russian crude exports fell sharply in November as new US sanctions took effect and the EU prepared additional...

Yang Ming Issues Advisory On Accurate Cargo Declaration Requirements

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Yang Ming has released a new customer advisory stressing the importance of complete and truthful cargo declarations. The company highlights that accurate information is...

Key Recommendations To Avoid Customs Fines In Argentina

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Argentinean Customs has intensified inspections on vessels, focusing closely on Store Lists and item declarations. Even small mistakes, omissions, or inconsistencies can lead to...
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