Nuclear-Powered Naval Vessel Market Poised for Growth, as Geopolitical Tensions Spur Investment

The global market for nuclear-powered naval vessels is experiencing significant growth, with its value projected to rise from around $24.6 billion in 2024 to...

Barcelona Port Makes Green Leap Forward with First Ship-to-Ship BioLNG Bunkering

The Port of Barcelona recently achieved a major milestone in its transition to sustainable fuels by conducting its first ship-to-ship bioLNG bunkering operation. This...

China’s Shipbuilding Innovation Drives Green Transition, as Ammonia Emerges as a Key Fuel

China is advancing the green development of the global shipping industry, with its shipbuilders at the forefront of constructing vessels that run on alternative,...

PSA and CCN’s New AI-Powered Platform Promises Faster and Smarter Multimodal Logistics

PSA Singapore (PSA) and Cargo Community Network (CCN) have launched a new digital platform called OptEModal to improve sea-air intermodal transhipment. This platform is...

In Core Fleet Renewal Move, TEN Contracts for New Eco-VLCCs at Hanwha Ocean

TEN Ltd., a major operator of crude, product, and LNG tankers, has announced a significant fleet renewal and expansion strategy. This initiative includes ordering...

JNPA Sees Double-Digit Growth in Cargo and Container Traffic, Marking a Strong Start

In July 2025, Jawaharlal Nehru Port (JNPA) in India experienced significant growth in cargo throughput and container traffic. The port's performance highlights its continued...

Sharp Rise in Weekly Capacity Volatility Disrupts Asia–Europe Trade

Weekly capacity volatility on Asia–North Europe services more than doubled post-2020, reaching nearly 30%. Asia–Mediterranean trade lanes showed similar volatility increases during the...

PIL Marks Singapore’s Independence with SG60 Container Ship

Pacific International Lines (PIL), Singapore’s home-grown shipping line, proudly commemorates the nation's 60th year of independence with the unveiling of its first SG60 Container...

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...