Sunday, June 15, 2025
Home Top News

Top News

Salvors work on Wan Hai ship amid fears of more blasts

The Indian Coast Guard has said it is trying to tow the Wan Hai 503 away from the Indian coast to avoid an ecological...

Unprecedented fleet utilization puts another layer of uncertainty in global shipping

The global container shipping industry is entering uncharted waters as it sails into an era of unprecedented fleet utilization, with idle capacity plunging to...

Tariff pause sends valuation of six listed container carriers past US$10 billion

Six publicly-listed container carriers saw their market valuation exceed US$10 billion in May, as the Red Sea crisis plus windfall profits from the threat...

Far East–Europe continues to be world’s largest trade lane

The Far East–Europe trade lane continues to dominate global liner shipping, reinforcing its position as the largest corridor for containerized cargo. Over the past twelve...

Panama Canal traffic on record track

Container ship traffic through the Panama Canal reached record-breaking levels during the first five months of 2025, with more than 1,200 vessel transits through...

Have Pacific spot rates peaked?

Negotiations between the United States and China over tariffs began in London, UK, with a high-level US delegation meeting Chinese representatives in an effort...

Wan Hai ship explodes further as search for missing crew continues

More blasts have rocked the container ship Wan Hai 503 as hopes fade for the four seamen who went missing when an initial explosion...

African Ports as Emerging Battleground for Rare Earth Minerals

As the global demand for Rare Earth Minerals (REMs) intensifies, Africa is emerging as a strategic pivot in the maritime and geopolitical landscape. With the...

Israel strikes Yemen’s Hodeidah port, warns Houthis of naval and air blockade

The Israeli Navy launched strikes on Yemen’s Red Sea port of Hodeidah as tensions escalate with the Iran-aligned Houthi movement, according to Reuters. Israeli Defence...

Trade talks in London: Strategic reset or tactical delay?

The upcoming round of negotiations in London, framed as part of the China–US Economic and Trade Mechanism, reflects a moment of tactical détente, rather...

Maldives progresses with Thilafushi Port Development Project

The state-owned Maldives Ports Limited is proceeding with the US$255 million Thilafushi Port Development Project on the (artificial) island of the same name, according...

Singapore authorities tow away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...

Latest Posts

Far East–East Coast South America trade sees capacity surge

As of June, the Far East–East Coast South America trade corridor is served by nine regular services, up from six a year ago, according...

ICS announces new leadership and strategic focus amid global maritime challenges

At its Annual General Meeting and Board Meeting in Athens, Greece, opened by Vassilis Kikilias, Greece’s Minister of Maritime Affairs and Insular Policy, the...

Feederlines DMCC adjusts intra-Asia service

Feederlines DMCC has revised the port coverage of its FAX service, which connects Southeast Asia with the Middle East and Indian Subcontinent on a...

ZIM updates Far East–Mediterranean service

ZIM has announced a revision to its Mediterranean Premium Service, which connects the Far East with the Mediterranean. The Israeli ocean carrier has removed the...

Ocean Alliance adds Yangpu port to East-West route

The ECX1/AWE4 service, operated by CMA CGM, Evregreen, COSCO and OOCL, as part of the Ocean Alliance's network, has been expanded with the addition...
error: Content is protected !!