Coast Guard Extends Mariner Credentials Amid Shutdown to Prevent Domestic Fleet Labor Disruption

The federal government shutdown, now approaching its fifth week, has forced the U.S. Coast Guard to issue critical mitigation measures, extending the validity of...

Buran’s Arctic Struggle Highlights Operational Risks for Russia’s LNG Shadow Fleet

The struggles of the LNG carrier Buran in the Chukchi Sea highlight the significant operational and strategic risks Russia faces in attempting to maintain...

India Repositions Shipping as Essential Component of National Strategy and Security

The India Maritime Week event, headlined by the Prime Minister, signifies a crucial shift in Indian government policy, moving beyond viewing shipping merely as...

Container Rates Retreat as Easing US-China Tensions Threaten Carrier Restoration Efforts

The recent agreement between the US and China, along with the tentative return of some container ships to the Suez Canal, has mixed and...

Vessel Evades Boarding Attempt off Somalia Crew Safe

The United Kingdom Maritime Trade Operations (UKMTO) has reported a security incident approximately 332 nautical miles east of Mogadishu, Somalia. The event underscores ongoing...

JNPA Investment Strategy Heavily Weighted Towards New Vadhvan Port Development

The memorandums of understanding (MoUs) signed by the Jawaharlal Nehru Port Authority (JNPA) for projects worth over ₹2.2 trillion cover both its existing facility,...

Seatrium Sells Brazilian Subsidiary To Enhance Capital Efficiency

Singapore-based Seatrium has announced that it has entered into a binding agreement with Brazil’s Posidonia Shipping and Trading to sell 100% equity interest in...

Freight Buyers Gain Upper Hand As Ocean Markets Loosen Ahead Of 2026

As 2025 nears its end, the global ocean freight market is entering a dramatic shift. Freight rates are falling, carriers are blanking sailings, and...

IBIA And INTERCARGO Forge Partnership To Strengthen Collaboration On Fuel Safety And Decarbonisation

The International Bunker Industry Association (IBIA) and the International Association of Dry Cargo Shipowners (INTERCARGO) have signed a reciprocal membership agreement to enhance cooperation...

HD Korea Shipbuilding Reports 397% Surge In Q3 Net Profit Amid Strong Revenue Growth

HD Korea Shipbuilding & Offshore Engineering Co. has reported a remarkable financial performance for the third quarter, achieving a sharp rise in both profit...