LATEST ARTICLES

Korea Launches M.AX Alliance to Accelerate Autonomous Shipping

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Korea has launched the M.AX Alliance to speed up autonomous ship development. Government, shipping, shipbuilding, AI firms, and academia are working together. The...

ONE Adds Sixth S-Series Vessel to Its Fleet

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Ocean Network Express (ONE) has named the sixth S-Series containership, “ONE Satisfaction.” The vessel boosts fleet capacity for long-haul container trades. The naming...

EU Weighs Scrapping Russian Oil Price Cap, Raising Shadow Fleet Risks

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The EU is considering ending the Russian oil price cap and replacing it with a full ban on Western shipping services Around 43%...

Panamax Finds Late-Year Support as US–China Grain Trade Shows Signs of Revival

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Panamax underperformed in 2025 as the US-China grain trade collapsed by nearly 78% Recent trade talks have triggered a visible rebound in forward...

China continues to strengthen its position as the world’s leading shipbuilding nation

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China now accounts for over 70% of global shipbuilding orders, backed by strong state support and industrial scale The country leads both commercial...

Container Rates See Late-Year Uptick as Suez Returns Raise Congestion Risks

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Container freight indices recorded a modest year-end rally, led by a 6.7% rise in the SCFI. Fourth-quarter CCFI averages remain significantly below third-quarter...

Prysmian–Fincantieri Joint Venture to Acquire Xtera, Strengthening Submarine Telecom Capabilities

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A Prysmian-led joint venture with Fincantieri has agreed to acquire Xtera, a specialist in turnkey submarine telecom systems. The transaction positions Prysmian as...

PIL Ships Record 95-Tonne Substation Unit To Iraq’s Umm Qasr Port

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Pacific International Lines (PIL) has successfully transported a 95-tonne substation unit from Jebel Ali, UAE, to Umm Qasr Port in Iraq, marking the heaviest...

HJ Heavy Industries To Build South Korea’s First 1,900 DWT Chemical Pollution Control Vessel

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HJ Heavy Industries has secured a landmark contract to construct South Korea’s first 1,900 DWT class multi-purpose chemical pollution control vessel, marking a major...

Port Congestion A Growing Challenge For Global Maritime Supply Chains

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Port congestion has emerged as one of the most serious operational challenges in global maritime logistics. As trade volumes grow and vessels become larger,...
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