India Targets Leadership in Green Marine Fuel to Meet Rising Global Shipping Demand
Green methanol and ammonia are emerging as key transition fuels for shipping, with methanol gaining early adoption due to ease of use and...
Asia–US West Coast Freight Rates Fall 24% as US Tariffs on EU and Mexico...
US tariffs on EU and Mexican goods are expected to raise import costs and sourcing volatility.
Ocean freight rates continue to drop due...
Drewry Reports 2.6% Drop in World Container Index and Transpacific Rates
Drewry’s World Container Index declined 2.6%, marking the fifth straight weekly fall.
The earlier rate surge linked to US tariffs in April has...
PSA Antwerp Joins Zero Emissions Port Alliance
PSA Antwerp has joined the Zero Emissions Port Alliance to support decarbonization in terminal operations.
The company is exploring fully electric straddle carriers...
Chinese Shipbuilders See Market Share Slip to 52% in H1 2025 on USTR Tariff...
China’s shipbuilding share dropped to 52% as USTR port fees on Chinese-built vessels raised concerns.
Global ship contracting slowed sharply in early 2025,...
New Fast-Track Shipping Route Launched Between Guangzhou and LA
Guangzhou has launched its first direct express shipping route to the Port of Los Angeles, cutting transit time to 14 days.
The route...
Container Shippers Likely to Wait and Watch on EU and Mexico Tariffs Says Analyst
US importers are expected to delay non-urgent shipments amid uncertainty over 30% tariffs on imports from the EU and Mexico.
A short-term decline...
Anemoi’s Breakthrough in WAPS Verification Aims to Unlock Greater Decarbonization Potential
Anemoi Marine Technologies, a leader in wind-assisted propulsion (WAPS) technology, has unveiled a new, more efficient, and accurate method for verifying the in-service performance...
UN Security Council Firm on Houthi Threat as Fatal Attacks Cause Global Concern
The UN Security Council has taken a firm stance against the ongoing Houthi attacks on commercial shipping in the Red Sea, authorizing continued reporting...
ClassNK Updates FuelEU Maritime FAQs to Support Compliance for EU-Calling Vessels
ClassNK has released the "FAQs on the FuelEU Maritime (4th Edition)," a crucial guide for shipping stakeholders navigating the complexities of new environmental regulations....