LATEST ARTICLES

17,300-Tonne Drydock Shipped by Kuehne+Nagel from Türkiye to California

Kuehne+Nagel and Boskalis coordinated the transoceanic transport of Türkiye’s largest floating drydock to the U.S. The drydock, unable to move on its own,...

U.S. Sanctions Iranian Oil Trade Involving Iraq, UAE, and Shadow Fleet

The U.S. has imposed sanctions on individuals, companies, and vessels accused of disguising Iranian oil as Iraqi to bypass sanctions. Iraqi-British national Salim...

NCFI: Middle East Rates Tumble as Ningbo Freight Index Slides Sharply

The Ningbo Containerised Freight Index (NCFI), compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, reported notable declines across most major...

Container Rates Slip as Tariff Uncertainty and Overcapacity Weigh In

The global container freight rates continued to show signs of softening across most major trade lanes, according to the Baltic Exchange’s latest data for...

Canadian Flag Raised Over Vancouver Shipyards

Seaspan Hoists Landmark Flag Above HMCS Protecteur. Canadian Flag Now Flies High Over North Shore Waterfront. Vancouver Shipyards Installs 120-Foot Flagpole Ahead of...

ABS Develops Lithium-Ion Battery Fire Simulation

ABS Model Predicts Thermal Runaway in Lithium-Ion Fires. ABS Validates EV Fire Model with Texas A&M. New ABS Tool Tackles Maritime EV Fire...

Asia-US Container Rates Continue Sharp Decline Amid Excess Capacity

Container shipping rates from Asia to the US have dropped further due to low demand and increased vessel capacity. Drewry and Freightos report...

Deltamarin 3,500 TEU Design Aims for Zero-Carbon Shipping

Deltamarin has introduced a concept design for a 3,500 TEU container feeder vessel powered by ammonia. The design prioritizes safety, integrating advanced risk...

Port of Seattle, Tacoma, and NWSA Support 265K Jobs, Billions in Output

In 2023, the Northwest Seaport Alliance, Port of Seattle, and Port of Tacoma collectively supported over 265,000 jobs and generated nearly $55 billion...

Cancelled Sailings Tracker: Weekly Trends Indicate Shifting Market Dynamics

Cancelled sailings on major East–West routes are set to decline, with a sharper drop forecasted on the Transpacific in July. Despite reduced cancellations,...