ECSA Freight Slows in May, But June Cargo Surge Could Lift Rates

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May cargo volumes may be lower compared to April Pacific performance raises concerns for ballasters Soybean shipments see modest declines The South Atlantic grain...

Oil Product Inventories At Port Of Fujairah Drop To Four-Month Low

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Oil product inventories at the UAE’s Port of Fujairah fell by 13% in the week ending May 26, reaching a four-month low of 17.894...

US-China Tariff Ceasefire Sparks Bidding War for Chartered Vessels

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U.S.-China tariff pause triggers spike in demand for trans-Pacific shipping. Charter rates surge amid vessel shortages and urgent cargo movements. Freight rates on...

Freightos: Transpacific Ocean Volumes Surge Amid Tariff Pause

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Transpacific ocean freight volumes have surged due to a 90-day U.S.-China tariff truce Shipping rates are expected to rise amid tight capacity but...

Shell Completes First LNG Bunkering Of Cruise Vessel At Singapore Cruise Centre

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Shell has marked a key milestone in maritime energy transition by completing its first liquefied natural gas (LNG) bunkering operation for a cruise vessel...

CSSC Subsidiaries Report Major Ship Deliveries

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CSSC subsidiaries delivered multiple vessels on May 26, 2025. The ships represent a wide range of types, reflecting CSSC’s diverse capabilities. The deliveries...

SITC and ALLIED Ink Deal for SUNVIEW Logistics Hub in Singapore

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SITC Intelligent Technology Co., Ltd., a subsidiary of Hong Kong-based SITC International Holdings, and Singapore's ALLIED Company have signed an agreement to develop the...

Hong Kong Maritime Sector Powered by AI Developed at PolyU

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The system provides precise insights into global shipping operations, enabling better port management and sustainable resource planning. An AI model accurately detects illegal...

Mr. Kommer Damen Honoured with Lifetime Achievement Award at TUGTECHNOLOGY 2025

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Mr. Kommer Damen received the Lifetime Achievement Award in recognition of over fifty years of innovation and leadership in tug design. Damen Shipyards...

VesselBot Study: Emissions at Major Ports Climb Despite Environmental Measures

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Emission levels do not always correlate with vessel numbers; Shanghai had the highest emissions despite fewer vessels than Singapore. Port congestion and inefficient...
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