Xeneta: Will Ocean Freight Rates Sink Back to Pre-Crisis Depths?
Since June 1, 2025, average spot rates for the Transpacific trade route have experienced a substantial decline of 59%, reaching levels not seen since...
New IMO Rules Require Mandatory Reporting of Lost Containers at Sea
Starting 1 January 2026, shipping operators will face stricter reporting obligations under new amendments adopted by the International Maritime Organization (IMO). In Class News...
Bridging Oceans: A New Guide for Seafarers and Their Families
New guide helps families better understand and support loved ones at sea.
Includes a free illustrated children’s book to help young ones cope...
Mythos AI Launches Pilot-Assist Technology on the Mississippi River
Mythos AI has completed the first installation of its Advanced Pilot Assist System (APAS) on a Southern Devall tow vessel.
This milestone marks...
MACS & Stinnes Merge into Transatlantic MPP Powerhouse
MACS Maritime Carrier Shipping GmbH & Co. and HUGO STINNES SCHIFFAHRT GmbH, both providers of Multipurpose (MPP) liner services, announce a merger to form one of...
Asia Shipping Lines Face Earnings Drop as Tariff-Driven Demand Fades
Front-loading of shipments during a tariff reprieve boosted volumes but may now give way to slower trade and rate declines.
Overcapacity risks are...
Lessons Learned: Loss of DGPS Signal Leads to Suspension of Certain Offshore Operations
This incident summary is based on a safety alert issued by the Marine Safety Forum concerning the loss of Differential Global Positioning System (DGPS)...
Russian Oil Exports Shift as US and EU Tighten Trade Restrictions
Russia’s seaborne crude exports dropped to their lowest level since March, with reduced shipments to China and higher flows to India.
EU’s upcoming...
Shadow Tanker Fleet Grows Despite Global Sanctions
18% of Global Tankers Now Operate in Shadow Trade.
BRS Reports 30 Shadow Ships Added Monthly.
Sanctioned and Grey Fleet Tankers Dominate Oil...
China Shifts Gears: From Fines for Extra Babies to Cash for More Births
China has shifted from enforcing its one-child policy with heavy fines to offering cash subsidies in an effort to boost its falling birth...