USTR Formalizes One-Year Suspension of Section 301 Punitive Actions Against China
The Trump administration formally announced plans to pursue negotiations with China over its dominance of shipbuilding and ocean logistics while confirming a one-year pause...
EU Shipping Emissions Hit Record High Since 2018, Driven by Red Sea Route Disruption
EU shipping emissions reached their highest levels since 2018 last year, according to a T&E analysis of official EU MRV data. Emissions jumped by...
Strong Capesize Gains Contrast with Positional Volatility in Smaller Segments
The Capesize market recorded a notable improvement this week, with momentum building steadily across both basins.
Capesize
The Capesize market recorded a notable improvement this week,...
Suezmax Market Remains Firm as VLCCs Correct from Highs
The VLCC markets again fell back from the higher levels last week, although there seems to be a firming of the markets at the...
China’s Crude Imports Surge as Refiners Maximize Margins and Export Quotas
China’s seaborne crude imports reached 10.4 million barrels per day (mbd) in October, marking a significant increase driven by refiners seeking to capitalize on...
Accelleron and Hyundai Marine Solution Forge Strategic Digital Partnership for Ship Efficiency
Accelleron has entered a strategic cooperation agreement on digital solutions with Hyundai Marine Solution (HMS), the aftermarket and digital division of the HD Hyundai...
AD Ports Group And CMA CGM Join Forces To Acquire 20% Stake In Latakia
AD Ports Group, a global leader in trade, logistics, and industry, has signed a Joint Venture and Shareholders Agreement with France-based CMA CGM Group...
Samsung Heavy Industries Secures $199 Million Order For Two Crude Oil Carriers
South Korea’s Samsung Heavy Industries Co. has announced a new order worth 290.1 billion won (US$199.4 million) to build two crude oil carriers for...
Wan Hai Lines Vessel Rescues Two Survivors Adrift In The Pacific Ocean
In a commendable act of maritime safety and humanitarian effort, Wan Hai Lines’ vessel WAN HAI A19 successfully rescued two people adrift in the...
Cobham Satcom To Equip Over 100 “K” Line Vessels With Next-Generation Satcom Antenna Systems
Cobham Satcom, a leading global provider of satellite communication technology, has been chosen by "K" Line RoRo Bulk Ship Management Co., Ltd. (KRBS) to...
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