LATEST ARTICLES

US–China Trade Truce Brings Brief Calm to Global Shipping Markets

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Carriers Withdraw 7% of Scheduled Sailings Through Mid-December. Freight Rates Rise 8% as GRIs Take Effect. Fewer Blank Sailings Signal Mild Capacity Recovery. The...

European Forces Free Crew After 30-Hour Hijacking Off Somalia

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Crew Freed Safely Following Coordinated Operation. Pirates Remain Active as Joint Search Continues. Escalating Attacks Signal Renewed Somali Piracy Threat. European naval forces pulled...

NCFI Rises as Middle East Route Jumps 11.8%, Europe Softens

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The Ningbo Shipping Exchange, in collaboration with the Baltic Exchange, has released the latest Ningbo Containerised Freight Index (NCFI) for the week ending 7...

Wärtsilä, Sinocrew Launch Advanced Maritime Training Centre in China

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Finnish technology group Wärtsilä and Sinocrew Maritime Services have inaugurated an advanced maritime simulation and training centre in Beihai, China, to support the next...

ISWAN, MarTrust Partner to Enhance Seafarer Wellbeing

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MarTrust, part of Marcura, and the crew payments solution supporting more than 150,000 seafarers worldwide, has partnered with the International Seafarers’ Welfare and Assistance...

South Korea Raises Doubts Over U.S. Shipyard’s Capability to Build Nuclear Submarine

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The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok...

Ocean Container Freight Rates Edge Higher as Carriers Manage Capacity Ahead of 2026

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Xeneta’s weekly ocean container shipping market update shows that in the week ending 6 November 2025 the average spot rate from the Far...

Beyond the Barrels: Structural Market Forces Driving the Dirty Tanker Rally

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Breakwave Advisors reports that the current rally in the crude tanker market is being fueled by far more than rising oil volumes. Structural...

Lloyd’s Register Issues Safety Alert on Steam System Failures and Steam Hammer Risks

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Lloyd’s Register has issued a class news alert following a fatal incident involving a ship’s steam system, highlighting critical risks associated with steam...

World’s Largest Ultra-Low Temperature Refrigerated Cargo Ships Delivered: Engineering Milestone in Cold-Chain Shipping

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CCS announced the successful delivery of two ultra-low temperature refrigerated cargo ships—identified as “XIN XIANG LI 55” and “XIN XIANG LI 56”—constructed by...
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