LNG Spot Rates Ease After Two-Month Rally as LPG Market Shows East–West Divergence

The LNG market softened this week, with rates easing across all major routes after the strong gains of the past two months, driven largely...

Heidelberg Materials Launches Methanol-Powered Cement Carrier

Heidelberg Materials Northern Europe, in partnership with the Hartmann Group and the Norwegian NOx Fund, on Thursday (11 December) announced the launch of a...

Tanker Markets Hold Firm in Week 50 Despite Pressure on Clean Segments

LR2 LR2 rates in the Middle East Gulf were largely unchanged this week. The TC1 MEG–Japan index held steady around WS155, keeping TCEs in the...

Qingdao Port Halts Rizhao Terminal Deal After US Sanctions Move

Qingdao Port has scrapped its planned acquisition of two Rizhao oil terminal companies. The decision follows Rizhao Shihua’s inclusion on the US SDN...

Bulk Market Slips Further as Week 50 Closes on a Softer Note

Capesize rates corrected sharply, with losses across both Atlantic and Pacific basins. Panamax and Ultramax segments stayed under pressure despite brief regional support. ...

World’s Longest Train Journey Opens After New China–Laos Rail Link

A newly opened rail link between China and Laos has enabled the longest continuous train journey ever recorded. The route spans 11,650 miles,...

Global Vessel Cascading Enters A New Phase As Secondary Trade Lanes Absorb Excess Capacity

The latest Sea-Intelligence Sunday Spotlight (Issue 744) reveals a significant shift in global container vessel deployment patterns. An analysis of more than 16,000 vessel...

South Korea Launches First State-Owned All-Electric Ferry At Busan Port

South Korea has marked a major milestone in maritime decarbonisation with the launch of its first state-owned all-electric ferry by Busan Port Authority (BPA)....

Italian Ports Record Cargo And Passenger Growth In First Half Of 2025

Italian ports handled close to 250 million tonnes of cargo during the first half of 2025, marking a 1.2% year-on-year increase, according to data...

Galveston LNG Bunker Port Secures Commercial Commitment For LNG Fuel Supply

Galveston LNG Bunker Port, LLC (GLBP), a Texas-based developer of the first dedicated LNG bunkering facility on the US Gulf Coast, has signed a...