Diana Shipping Charters m/v DSI Polaris To Cargill In $4.66 Million Deal
Diana Shipping Inc. (NYSE: DSX), a global leader in dry bulk vessel operations, has announced a new time charter contract for its Ultramax vessel...
China–US Trade Gets a Boost with New Nansha–LA Express Link
A direct sea freight link between Nansha Port in Guangzhou and the Port of Los Angeles is set to launch this July, marking a...
Drewry: Freight Rate Surge Fizzles, Global Index Retreats
The World Container Index (WCI), a benchmark for global ocean freight spot rates, has dropped 9% this week, landing at $2,983 per 40-foot container....
Musk’s “Robotaxis” in Austin Spark Federal Safety Review
Tesla’s ambitious leap into fully autonomous ride-hailing has drawn federal scrutiny following the public debut of its “robotaxi” fleet in Austin, reports AP News.
Musk’s...
Choke Point for Gas: Hormuz Sees One-Fifth of Global LNG Flow
The U.S. Energy Information Administration (EIA) has revealed that approximately 20% of global LNG trade transited the Strait of Hormuz, primarily from Qatar, in...
UAE SRR Comes into Force Alongside Hong Kong Convention
The United Arab Emirates (UAE) has implemented the Ship Recycling Regulation (UAE SRR) to promote environmentally sound and safe ship recycling practices, in alignment...
Indian Stakeholders Warn Ship Retirement Rule May Cut 20,000 Jobs
Indian maritime stakeholders raised concerns about a national maritime policy that mandates the retirement of aging ships, warning it could lead to thousands of...
Lessons Learned: Communication Dome Hatch Fell Due to Poor Securing
This incident was reported by IMCA and concerns the discovery of a missing access hatch on a vessel's communication dome during a routine inspection....
Port Houston Strengthens Trade Flow with May Gains and Tech Investments
Port Houston handled 381,640 TEUs in May 2025, marking a 5% year-over-year increase.
General cargo rose 12% and steel imports increased by 11%...
WinGD to Equip Over 30 Boxships with Methanol-Ready Engines
Taiwanese Operator Switches to Methanol Following IMO Net Zero Push.
Methanol Gains Ground as WinGD Secures Major Engine Order.
WinGD’s Methanol Technology Chosen...