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Transpacific exposure trumped bullish charter market in 2024

Transpacific routes proved to be crucial for mid-tier shipping lines in 2024, according to Alphaliner. (adsbygoogle = window.adsbygoogle || ).push({}); US...

Russia to revive shipbuilding sector to reduce external dependence

As global supply chains undergo tectonic shifts driven by sanctions, war, and geopolitical rivalry, Russia is charting a bold course to reassert control over...

Ceasefires Ease Tensions in Maritime Flashpoints, Yet Threats Linger

Amid recent diplomatic efforts to stabilize two of the world's most volatile maritime regions—the Red Sea and the Indian Ocean—a sense of fragile calm...

Arctic Shipping: A Conditional Strategic Avenue for China and Russia

As global maritime trade routes face growing instability, a new corridor is beginning to draw strategic attention: the Arctic. During a high-profile meeting in Moscow,...

Pause in China-US trade war complicates shipper options

An agreement between Chinese and US negotiators to reduce tariffs by 115% and hold fire in their trade dispute for 90 days has further...

Red Sea Reset: Is the Suez Canal Ready for a True Comeback?

As the smoke begins to clear over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is navigating a delicate balance...

Container shipping holds its breath amid US-China tariff ceasefire

The United States and China entered a 90-day ceasefire, suspending key tariff measures and laying the groundwork for renewed economic dialogue. Since the inception of...

Transshipment Power Play: Singapore, Colombo and Salalah compete amid global trade shifts

As geopolitical tides reshape global shipping routes, three key transshipment ports—Singapore, Colombo, and Salalah—are vying for supremacy in the restructured container logistics ecosystem. The ongoing...

Feeder ships outpace larger vessels in investment returns

Consultancy Arthur D. Little said that feeder vessels are now generating a better return than large container ships. The return on investment (ROI) of...

Chabahar Comeback: India and Iran reinforce maritime axis amid Red Sea instability

In a bid to sidestep the stormy tides of maritime insecurity and geopolitical friction, India and Iran are doubling down on their collaboration over...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

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CMA CGM introduces new peak season surcharges on Transatlantic Routes

CMA CGM Group has announced new Peak Season Surcharges on shipments from North Europe to the United States. For cargo moving from North Europe, including...

CMB.Tech to merge with Golden Ocean

CMB.Tech is set to merge with fellow listed company Golden Ocean, a major dry bulk owner. CMB.Tech will be the surviving entity in the merger...

Idle containership fleet sees slight decline

In the two weeks leading up to 2 June, the global idle containership fleet saw a net reduction in capacity, despite a rise in...

ANL adjusts port rotation for MYNY service ahead of vessel replacement

ANL has announced a change in the port rotation for voyage MYNY 236N/237S due to internal operational requirements, ahead of the vessel's phase-out in...

Salvors move Wan Hai 503 away from Indian coast

The container ship Wan Hai 503, which suffered a serious fire on 9 June, has now been towed westwards away from Indian waters, after...
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