Weekly Cancelled Sailings Tracker: Capacity Cuts and Rising Volatility
Carriers have withdrawn 8% of scheduled sailings between weeks 41–45, with Transpacific eastbound routes most affected.
Container freight rates continue to decline, with...
Hong Kong Convention’s Ship Recycling Impact After 3 Months – Holland & Knight
The Hong Kong Convention entered into force on June 26, 2025, introducing stricter global rules for ship recycling.
Major maritime nations and leading...
Hanwha Ocean Secures USD 252m LNG Carrier Contract with North American Owner
Hanwha Ocean secured a USD 252 million contract to build one LNG carrier for a North American shipowner.
The deal accounts for 3.3%...
Mississippi River Low Water Levels Disrupt Harvest Shipping for Third Year
Rapidly declining Mississippi River levels may restrict barge traffic during peak harvest season.
Corn and soybean exports from the Midwest to New Orleans...
Methanol Institute Highlights Methanol’s Role in IMO Net-Zero Plan
The IMO is preparing to decide on the adoption of the Net-Zero Framework (NZF), a landmark package to decarbonize global shipping.
The NZF...
ABS Recognizes HD KSOE’s Breakthrough Cargo Systems for LNG and Ethane Carriers
ABS granted two AIPs to HD KSOE for advanced LNG and ethane cargo systems.
The LNG subcooling refrigeration system boosts efficiency by over...
Decline in China-Built Vessels on Asia-U.S. Routes
The share of China-built ships among regular container carriers sailing from Asia to the United States is declining. The industry sees this as an...
French Navy Commandos Detain Suspicious Tanker off Western France
A new European strategy to block Russian oil revenue has been announced, with France's detention of a vessel suspected of belonging to Moscow's "shadow...
Netherlands Calls On EU To Sanction Yemen’s Houthis After Ship Attack
The Netherlands has urged the European Union to designate the Iran-aligned Houthi group, formally known as Ansar Allah, as a terrorist organization following an...
Average Spot Rates Continue Downward Trend Across All Trades
The container shipping market is experiencing a continuation of declining average spot rates, with the September rate spike on the Transpacific trade now completely...
- Advertisement -
APLICATIONS
The Role Of Biofuels In Decarbonizing Shipping
The global aviation and shipping industries significantly contribute to greenhouse gas emissions, accounting for approximately 2.5% and 3% of global CO2 emissions. As these...
