Drewry World Container Index Rises 3% This Week
Drewry’s World Container Index decreased 3% to $2,044 per 40ft container this week.
Detailed assessment for Thursday, 11 Sep 2025
The Drewry World Container Index (WCI)...
Mozambique Added to Expanding Fake Flag Fleet for Sanctioned Ships
Mozambique has emerged as the latest fraudulent ship registry for sanctioned tankers, with several vessels switching from other fake flags.
The Marinegov.net network...
Korea Backs Arctic Shipping with Icebreaker Funding
Task force and public-private committee to prepare for Arctic shipping routes.
Exemptions sought for AI-powered autonomous ship technology development.
Smart port test bed...
Maritime Leaders Unite to Advance Electrification and Battery Innovation
Agreement sets framework for joint research on batteries and electrification.
ABS highlights the safety and efficiency benefits of electrification.
University of Michigan sees...
New Study to Assess Diabetes Management Among Seafarers
A UK-led study will monitor insulin-treated seafarers and fishers using continuous glucose monitoring devices.
Researchers aim to recruit 50 participants within the first...
US Container Trade Outlook – Tariffs Weigh on Shipping Rates
Container shipping rates from Asia to the US are set to decline as import volumes ease.
A near-record summer peak reflects stockpiling ahead...
Global Bunker Fuel and LNG Market Update – Week 37
HSFO and VLSFO declined, while MGO saw a modest gain; indices showed signs of moderate growth.
Shipments reached 9.33 million tons in August,...
Davie Defense Launches $1 Billion “American Icebreaker Factory” In Texas
Davie Defense plans a $1 billion overhaul of the Gulf Copper shipyard in Galveston to create the “American Icebreaker Factory” for U.S. Coast...
Mitsui O.S.K. Lines Shifts Routes as Inflation and Policy Risks Mount
Shipping companies are adapting to geopolitical disruptions by exploring new trade routes and markets.
Mitsui O.S.K. Lines has scaled back operations through the...
Lessons Learned: Fatal Accident During Vessel Cargo Hold Maintenance
According to the Hong Kong Marine Department, a fatal accident occurred on board a bulk carrier during cargo hold cleaning operations. The incident highlights...
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