Intra-Asia Container Index Records Early September Gains

Intra-Asia freight rates rose 5% in early September, reaching $1,551 per FEU. Rates remain 9% lower compared with the same period last year. ...

Merak Joins Al Seer Marine and BGN’s Expanding Dual-Fuel Gas Carrier Fleet

Al Seer Marine and BGN have taken delivery of Merak, their third VLGC with ammonia-carrying capability, built by Hyundai Samho Heavy Industries. The...

EUROGATE CTW Reaches Record Container Throughput Milestone

EUROGATE Container Terminal Wilhelmshaven (CTW) crossed the 1 million TEU mark in 2025, the highest in its 13-year history. The milestone was achieved...

Major Tanker Operators Call for Amendments to IMO Net-Zero Plan

Leading tanker operators, including Frontline and Bahri, raised concerns over the IMO’s Net-Zero Framework, urging amendments for fair and realistic decarbonization measures. The...

Capesize Rates Rise as Dry Bulk Sector Shows Diverging Trends

The dry bulk market saw mixed results with Capesize vessels ending the week on a firm note, while Panamax and Ultramax/Supramax markets faced pressure,...

VLCC Rates Climb in Middle East and US Gulf, While Aframax Slips in Atlantic

A weekly report on tanker markets shows a dramatic improvement for Very Large Crude Carriers (VLCCs), while the Suezmax and Aframax sectors experienced a...

Chinese Crude Imports Set to Plateau as Inventories Hit Record Highs

Over the course of 2025, China's seaborne crude imports have increased by 3% compared to 2024, averaging 10.3 mbd. However, much of this growth...

New EU Sanctions Package Targets Russian LNG and Financial Loopholes

The European Union is planning to implement a 19th package of sanctions against Russia that includes a ban on imports of Russian liquefied natural...

Maiden Voyage on Track as Disney Destiny Reaches a Major Milestone

The Disney Destiny has left the Meyer Werft Shipyard in Papenburg, Germany, marking a major milestone in its construction. The approximately 20-mile journey down...

Port Houston Maintains Strong Growth with 5% Tonnage Increase

Port Houston sustained growth in August, with total tonnage across its public terminals increasing by 5% year-to-date through August 2025. This growth follows a...