Canadian Flag Raised Over Vancouver Shipyards

Seaspan Hoists Landmark Flag Above HMCS Protecteur. Canadian Flag Now Flies High Over North Shore Waterfront. Vancouver Shipyards Installs 120-Foot Flagpole Ahead of...

ABS Develops Lithium-Ion Battery Fire Simulation

ABS Model Predicts Thermal Runaway in Lithium-Ion Fires. ABS Validates EV Fire Model with Texas A&M. New ABS Tool Tackles Maritime EV Fire...

Asia-US Container Rates Continue Sharp Decline Amid Excess Capacity

Container shipping rates from Asia to the US have dropped further due to low demand and increased vessel capacity. Drewry and Freightos report...

Deltamarin 3,500 TEU Design Aims for Zero-Carbon Shipping

Deltamarin has introduced a concept design for a 3,500 TEU container feeder vessel powered by ammonia. The design prioritizes safety, integrating advanced risk...

Port of Seattle, Tacoma, and NWSA Support 265K Jobs, Billions in Output

In 2023, the Northwest Seaport Alliance, Port of Seattle, and Port of Tacoma collectively supported over 265,000 jobs and generated nearly $55 billion...

Cancelled Sailings Tracker: Weekly Trends Indicate Shifting Market Dynamics

Cancelled sailings on major East–West routes are set to decline, with a sharper drop forecasted on the Transpacific in July. Despite reduced cancellations,...

U.S. Grain Shipments Up 9% in H1 2025 Despite Sharp Decline in Exports to...

U.S. seaborne grain shipments rose 9% year-over-year in H1 2025, driven by stronger maize exports. Despite a steep drop in exports to China...

India’s ONGC and Japan’s Mitsui OSK Partner to Build Ethane Carriers

ONGC has signed an agreement with Japan’s Mitsui O.S.K. Lines to develop and operate two Very Large Ethane Carriers (VLECs). The vessels will...

Performance Shipping Eyes Fleet Growth After $100 Million Nordic Bond Market Raise

Greek tanker operator Performance Shipping has raised $100 million through the Nordic bond market to support fleet expansion or repurchase existing bonds. The...

Beihai Shipbuilding Launches First 319,000 DWT VLCC Ahead of Schedule

CSSC Qingdao Beihai Shipbuilding launched its first 319,000 DWT VLCC for Belgium-based CMB.TECH’s Euronav on June 30, 2025. The vessel was completed 58...