News Flash

Container shipping rates extended losses for 14 consecutive weeks and plunged to the lowest of the year, putting an end...

The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual member states, especially...

Typhoon Nanmadol made landfall on Japan’s southernmost island of Kyushu on Sunday, bringing torrential rains and strong winds as it...

Transpacific rates for shipping containers continue to plummet – dropping below $4,000/FEU (40-foot equivalent unit) – as consumer demand for...

Efforts to increase the number of China’s liquefied natural gas carriers will deepen the country’s ability to transport LNG independently...

Shipping container traffic that had been severely congested during the pandemic is clearing and shipping prices are falling by a...

Asia Pacific’s spot freight premium for LNG carriers with two stroke engines rose Sept. 16 to its highest level for...

Sitting on the crown of Indian Ocean, India is blessed with a 7,500 km long coastline bestowing plethora of exclusive...

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG development project. The shipowners and Daewoo...

Adani Ports and Special Economic Zone said that its wholly owned subsidiary HDC Bulk Terminal (HBTL) has signed a concession...

A fire broke out at an oil terminal in Venezuela on Saturday when a pipe used to supply gasoline to...

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority’s chairman...

US West Coast ports reported sliding throughput figures for August as tepid demand for ex-Asian cargoes pressured the market, while...

Parameters and criteria for providing maritime insurance will change in the coming years, as the shipping industry moves towards decarbonization...

Commodity shipping remains heavily impacted by the ongoing war in Ukraine. While many of the recent imbalances between supply and...

They say you can’t have your cake and eat it too. The G7 countries, led by the U.S., think they...

The collapse of China CIMC’s planned takeover of Maersk’s container manufacturing arm maintains some level of competition in the sector...

In a swift and coordinated rescue operation, the Indian Coast Guard saved 19 crew members - 18 Indians and the...

Units functioning at Asia’s biggest ship-recycling yard in Gujarat are facing a set of three problems — higher cost of...

The latest ocean freight rates data from Xeneta shows that spot prices across the main trans-Pacific and US West Coast...