Ningbo Containerised Freight Index Reflects Stable Market Trends This Week

The Ningbo Shipping Exchange, in collaboration with the Baltic Exchange, has released its latest Ningbo Containerised Freight Index (NCFI), reflecting notable rate increases across...

Mitsubishi Shipbuilding Celebrates Launch of HAMANASU, Advancing Energy Efficiency

Mitsubishi Shipbuilding launched HAMANASU, the second large car ferry built for Shinnihonkai Ferry and JRTT. The vessel features a buttock-flow stern hull, ducktail...

New U.S. Sanctions Hit Chinese Refineries Over Iranian Petroleum Trade

The U.S. Treasury sanctioned a Chinese oil terminal and refinery for handling Iranian crude, tightening enforcement on Iran’s export network. Over 50 entities,...

Mitsubishi Launches Fuel Efficient Ferry in Japan

Mitsubishi Shipbuilding Co., Ltd., part of the Mitsubishi Heavy Industries (MHI) Group, has held a christening and launch ceremony for the large car ferry...

GTT Secures Tank Order from Hanwha Ocean

GTT announces that it has received, in the fourth quarter of 2025, an order from its partner the shipyard Hanwha Ocean for the tank...

Carriers Resume Services Post-Golden Week as Freight Rates Keep Falling

Capacity on Major East-West Routes to Rise 5% in November. Freight Rates Extend 16-Week Decline to $1,651 per 40ft. U.S. and China Impose...

AAL Shipping’s Super B-Class Fleet Drives Victory at Supply Chain Excellence Awards

AAL Shipping has been honored with the "Cargo Operator of the Year" award at the Asia Pacific Supply Chain Excellence Awards in Singapore. This...

WWII Bomb Discovery Temporarily Shuts Down Pier G at Port of Long Beach

Pier G Construction Crew Uncovers 80-Year-Old Explosive Device. Bomb Squad and Marine Corps Safely Remove Historic Shell. Terminal Reopens After Temporary Shutdown. Operations at...

AD Ports Group Partners with UNDP to Shape the Future of Global Trade and...

AD Ports Group has entered into a strategic collaboration agreement with the United Nations Development Programme (UNDP) to advance innovation in digital trade, smart...

Iran’s Oil Network Matures Under Sanctions Pressure

Breakwave Advisors reports that Iran’s oil export network has evolved into a sophisticated and resilient system amid renewed UN snapback sanctions, transforming what was...