Iraq Expands Oil Exports as U.S. Tariff Pressure Mounts on India

Iraq holds 19% share in the Gulf crude supply. Basrah port handles 97.5% of Iraqi exports. Iraq targets 6 million bpd by 2029. The...

LNG Spot Rates Rise as LPG Market Holds Firm

US Gulf Routes Record Firm Gains, Especially Long-Haul to Japan. Time Charter Market Eases Despite Spot Market Support. LPG Market Stays Firm Amid...

US Imports Hit by Trade Whiplash Boom-Bust Cycle

Early 2025 Imports Surge as Cargo Front-Loading Drives Artificial Boom. Sharp Declines Follow, With Volumes Falling Below Pre-Pandemic Trends. Volatility Highlights Risks of...

USTR Actions Spark Ship Management Concerns

BIMCO Issues Time Charter Clause, Rules Out SHIPMAN Clause. COFR Registration and Form 1300 at the Core of Proposed Actions. Chinese-Linked ISM Managers...

NCFI Weekly Update: Freight Rates Ease on Europe and Mediterranean Routes

Europe-bound rates slipped by 5.49%, bringing the index to 1,188.69 points. West Mediterranean services recorded a 3.76% decline, reaching 1,278.60 points. East Mediterranean...

Wan Hai Finalizes 13,100 TEU Series, Expands Green Ship Orders Through 2030

Wan Hai Lines has completed its 13,100 TEU containership series, with the final vessel, WAN HAI A20, now delivered. The newbuilds feature fuel-saving...

Backhaul Boom: Container Rates Shift Gears in Week 33

The Baltic headline FBX index has remained mostly unchanged over the past week, at 2,137 compared to 2,135. Some backhaul routes saw quite significant increases...

GSI Launches Next-Gen 8,600 CEU Green Car Carrier for H-LINE

Guangzhou Shipyard International (GSI), in partnership with China Shipbuilding Trading Co., Ltd. (CSTC), has officially delivered its second 8,600 CEU dual-fuel pure car and...

Oil Tanker Breakdown Temporarily Halts Bosphorus Traffic

Strait traffic halted in both directions. Tenacity Venture is carrying 90,730 tons of crude oil. Tugboats escort the vessel to Büyükdere anchorage. On August...

Singapore Port Hits 18-Month Fuel Sales High

Container throughput hits 3.87 million TEU, the highest in 2025 Bunkering vessel calls up 7.3% from June Bunker fuel sales reach 18-month high...