Global Container Freight Rates See Mixed Trends Amid Weakening Demand
Container freight rates across major global shipping routes have experienced notable fluctuations, reflecting weakening demand and shifting trade patterns. According to Japan International Freight...
IMO Piracy Report: Twenty Two Incidents During June 2025
The International Maritime Organization (IMO) has released its Monthly Piracy Report for June 2025. A total of 22 incidents of piracy and armed robbery...
Wreck Declared Maritime Hazard, Immediate Removal Ordered
Authorities have declared a partially submerged vessel a maritime hazard after it was found in an unstable position. An advisory committee under the Ministry...
West Africa Demand Falls, European Gasoline Stocks Rise
The commissioning of Nigeria’s 650,000 b/d Dangote refinery is reshaping global gasoline trade dynamics, especially between Europe and West Africa. With Nigeria ramping up...
Elomatic’s Elogrid™ Thruster Enhances Performance Of New German Research Vessel
Elomatic, an international consulting and engineering company, has completed the successful installation of its patented Elogrid™ tunnel thruster technology on the METEOR IV, a...
“K” Line Wind Service And SN Marine Form Capital Alliance
“K” Line Wind Service, Ltd. (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd., has entered into a...
MOL, TradeWaltz, And Suzuki Sign MOU For India Africa Cooperation
Mitsui O.S.K. Lines (MOL), TradeWaltz Inc., and Suzuki Motor Corporation have signed a Memorandum of Understanding (MOU) at the 9th Tokyo International Conference on...
SCZONE Seals Green Fuel Partnerships with Japan
Agreements were unveiled at the Egypt-Japan Business Forum in Tokyo.
Ammonia bunkering facilities are planned at Sokhna and East Port Said.
TMG pact...
Linerlytica Flags Rate Slide and Record Ship Orders
Peak season cargo is front-loaded in June and July, muting tariff effect.
Transpacific and Asia-Europe rates continue to slide for the 10th consecutive...
Drewry Index Extends Decline as Container Rates Fall Further
Ninth consecutive weekly decline in global container freight rates.
Tariff-driven volatility easing after sharp swings in May–July 2025.
Shanghai–Los Angeles spot rates down...
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