Freightos: Transpac Rates Slide on Early End to Peak Surge

Transpacific container shipping rates have fallen sharply as the anticipated peak season appears to have ended earlier than expected. After surging in mid-June due...

July LSFO Ex‑Wharf Premiums Hold Steady, Margins Under Pressure

Fujairah’s low-sulfur fuel oil (LSFO) ex‑wharf premiums have remained largely stable in July, while downstream margins continue to feel the squeeze. This reflects a...

FMC Probes Flags and Chokepoints in Global Shipping Crackdown

FMC probes global flag registries and chokepoints over unfair shipping practices. Concerns rise over safety, labor, and environmental standards under “flags of convenience.” ...

MOL Acquires LBC Tank Terminals for $1.7 Billion

MOL Expands Chemical Logistics with LBC Acquisition. LBC Deal Adds Tank Storage to MOL’s Portfolio. MOL Targets Energy Transition with LBC Integration. On June...

Cleantech Group Urges Action on Green Maritime Transition

$1.5 Trillion Needed for Shipping’s Green Shift Call to Scale Green Fuels Beyond Pilot Stage Coalition Pushes EU to Bridge Funding Gaps With the...

Two Crew Members Charged Over Fatal Maritime Collision Near Singapore

Maritime Charges Filed After Deadly Vessel Crash. Navigational Failures Blamed in Sea Collision Death. Lookout and Officer Charged After Maritime Incident. Two crew members...

Maersk Estimates Effective US Tariffs Average 21% Currently

Tariffs Down from 54% Peak After Trump’s April Freeze. July 9 Deadline Drives Global Rush to Avoid Tariff Hike. Maersk Reports Strong Container...

Shadow Fleet Expands as Sanctions Fail to Halt Oil Trade

Iran and Russia Expand Sanctions-Busting Fleet. Shadow Ships Use GPS Spoofing and Fake Papers. Experts Warn of Impending Maritime Disaster. The shadow fleet—a collection...

Lessons Learned: Worker Injury Reveals Gaps in Confined Space Risk Assessment

An incident reported by IMCA involved a worker sustaining a back injury during confined space operations on board a vessel. The incident highlights access...

GTT Secures Cryogenic Tank Contract for Six LNG-Fueled Vessels

GTT received an order from HD KSOE to design cryogenic tanks for six LNG-fueled container ships for Capital. Each vessel will be fitted...