Panama Canal Faces Trade Challenges Amid Shifting Global Dynamics and Tariff Impacts
The Panama Canal is experiencing the effects of shifting global trade patterns and tariffs, particularly following changes in U.S.–China trade relations.
Freight volume...
Methanol and LNG Lead April 2025 Green Vessel Orders
49 alternative-fuelled vessels were ordered in April 2025, marking a 5% year-on-year increase.
Methanol and LNG led the orders with 24 and 20...
Trump Halts US Bombing of Houthis Following Shipping Lane Agreement
On May 6th, 2025, President Donald Trump announced that the United States would cease its bombing campaign against the Houthi rebels in Yemen. This...
Tanker Freight Rates Could Strengthen This Summer on OPEC Production Hike
Over the last few weeks, temporary mismatches in vessel availability and cargo demand (positional imbalances) have caused freight rates to rise towards the higher...
Fujairah Oil Inventories Steady as Gasoline Rise Offsets Fuel Oil and Middle Distillate Drops
According to data released by the Fujairah Oil Industry Zone on May 7th, 2025, oil product inventories at the UAE's Port of Fujairah remained...
How Far to Zero? Getting to Zero Coalition Benchmarks Shipping’s Decarbonization Journey
The "Getting to Zero Coalition Action Framework: Documenting actions towards decarbonising shipping" report, released by the Global Maritime Forum's Getting to Zero Coalition, provides...
Wallenius Wilhelmsen Lands $140 Million Shipping Contract with Construction Giant
Wallenius Wilhelmsen has secured a new three-year shipping contract, valued at approximately $140 million, with a major global manufacturer of construction and mining equipment....
Orca AI Secures $72.5 Million Series B Funding for AI-Powered Maritime Navigation
Orca AI, a prominent player in the maritime technology sector, has announced the successful completion of a $72.5 million Series B funding round. The...
ReCAAP ISC Reports On Armed Robbery Incidents And Downgrades Threat Level
Four incidents of armed robbery against vessels were reported in Asia, all occurring off the coast of Pulau Cula, Indonesia, within the eastbound lane...
Pilbara Ports Authority Issues Fuel Management Protocol For LNG And Dual-Fuel Vessels
Pilbara Ports Authority (PPA) has released a marine notice outlining stringent new requirements for LNG, alternate, and dual-fuelled vessels calling at the Port of...
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APLICATIONS
Largest Container Ship Built by Samsung Unveiled
The world leader in shipbuilding has completed the construction of one of the four 20,150 TEU-class container ships for an order it acquired from...
