TSUNEISHI SHIPBUILDING Builds Its Largest-Ever Methanol-Powered Container Carrier
TSUNEISHI Group’s Zhoushan shipyard launched its largest-ever 5,900 TEU methanol dual-fuelled container carrier on August 27, 2025.
The vessel offers capacity for 5,915...
BIMCO Forecasts Tanker Freight Rate Recovery in H2 2025
BIMCO’s Tanker Shipping Market Overview & Outlook (August 2025) projects a potential recovery in freight rates in the second half of 2025.
The...
Samsung Heavy Industries Delivers Minerva LNG Carrier
Samsung Heavy Industries has launched the 174,000-cbm LNG carrier Minerva Roxanne, built for Greek shipping company Minerva Gas.
The vessel, along with its...
Panamax Leads Dry Bulk Gains
Overall dry bulk rates climbed last week, with all but capesize rates ending up week-on-week. Panamax rates rose by the largest amount. While capesize...
Asia-US September Container Rate Hikes Pressured by Weak Demand
Ocean carriers have announced rate increases for shipping containers on the Asia-US trade lane, but industry analysts expect rates to continue facing downward pressure...
Piracy and Armed Robbery Surge in the Straits of Malacca and Singapore
Incidents of piracy and armed robbery in the straits of Malacca and Singapore have nearly quadrupled in the strategic waterways this year, according to...
Arctic Mulan’s Arrival in China Marks a Breakthrough for Russia’s Arctic Gas Exports
A sanctioned Russian gas carrier has docked at a Chinese import terminal for the first time, marking a significant development for Russia’s beleaguered Arctic...
Knutsen Adds Wadi Al Sail to Growing Fleet, Strengthening Partnership with QatarEnergy
The Knutsen Group has added the Wadi Al Sail to its fleet, a new 174,000 cubic meter LNG carrier. This vessel is the third...
Grimaldi Launches New Era of Sustainable Transport with “Ammonia Ready” Vessel
The Grimaldi Group has recently taken delivery of the Grande Shanghai, the first of ten new-generation Pure Car & Truck Carriers (PCTC) ordered from...
As EV Transport Surges, Report Warns of Insufficient Safety Protocols for Ship Fires
A recent report, "Fires at Sea, A New Landscape – Risk Mitigation Strategies for Safe Transport", highlights the growing risk of fires on cargo...