Ningbo-Zhoushan Port Partners With European Hubs To Launch Green Shipping Corridors
As the world’s busiest port by cargo throughput, China’s Ningbo-Zhoushan Port has taken a decisive step toward international maritime decarbonization. On Tuesday, it announced...
Navigating Uncertainty: Potential Risks to the MPV Market
The Multipurpose Vessel (MPV) market, encompassing both breakbulk and project cargo carriers, has experienced a period of recovery following the challenges posed by the...
Drewry World Container Index Plummets to Post-Pandemic Low
Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week.
Detailed assessment for Thursday, 29 May 2025
Drewry’s WCI has increased 21%...
CMB.TECH and Golden Ocean Merger Moves Forward
CMB.TECH NV and Golden Ocean Group Limited have announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead...
Pacific Carriers Limited & SMF Strive to Build Maritime Talent Pool
Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MOU) to renew both organizations’ commitment to creating...
The Hollow Fleet: Why U.S. Ships No Longer Dominate the Seas
The U.S. shipbuilding industry now produces less than 1% of the world’s large commercial vessels.
America’s maritime reliance on foreign powers threatens both...
Smart Maritime Council Launches SVD 2.0 with Emissions Reporting
The Smart Maritime Council released Version 2.0 of its Standardised Vessel Dataset (SVD), now incorporating emissions reporting capabilities.
This update follows the March...
COSCO Introduces Yuan Hai Kou: New LNG Dual-Fuel Car Carrier Featuring Integrated Solar Panels
COSCO has indeed introduced a new LNG dual-fuel car carrier named the Yuan Hai Kou, which notably features integrated solar panels. This vessel is...
New Report Warns of “Rebound Effect” Threatening Severe Disruptions in Global Maritime Transport
The surprisingly announced 90-day tariff pause in the trade war between the US and China could destabilize global maritime trade more than the tariff...
Cargo Ship Captain Receives Significant Penalty After Müden Lock Collision
The captain of an inland cargo ship that crashed into a lock gate on the Moselle River in December 2024, causing traffic paralysis for...
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