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Folk Maritime expands fleet with boxship trio

Folk Maritime Services Company announced the addition of three vessels to its fleet, which will be deployed on its services over the next month. The...

Bunker indices show upward trend

At the end of the 20th week of the year, the global bunker indices of the Marine Bunker Exchange (MABUX) moved upward. The 380 HSFO...

Kalmar, DP World finalize major repeat order for electric equipment at London Gateway

DP World has placed a repeat order with Kalmar for 12 fully electric straddle carriers equipped with high-energy batteries, to be used at its...

DP World inks US$760 million investment deal for Caucedo Port expansion

DP World has signed a US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo...

We Asked AI: Next-Generation Ports

Futuristic commercial ports are ultra-efficient, fully automated hubs where AI-driven logistics, autonomous cranes, and self-navigating cargo vessels work in perfect synchrony. Equipped with smart sensors,...

Suez Canal Offers Incentives Amid Fears of Houthi Regrouping and Regional Instability

The Suez Canal transit fee discount reflects Egypt’s desperation to revive the canal's traffic amid fears that Houthi militants are preparing a new wave...

Vietnam and Thailand race to capture China+1 shipping gains

As the geopolitical rift between China and the United States deepens, the global manufacturing and shipping landscape is undergoing a historic shift. At the center...

DP World bets big on Latin America

DP World’s recent strategic investments in Latin America reveal a clear and deliberate pattern focused on securing and strengthening its presence in critical transshipment...

Red Sea states to strengthen marine pollution response capabilities

Countries bordering the Red Sea are enhancing their preparedness and response systems to address major marine pollution incidents involving oil and hazardous and noxious...

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...

China-US de-escalation may spur early peak season: Freightos Analysis

The US and Chinese governments have announced a 90-day de-escalation of the tariffs introduced by both sides in April. Starting May 14th, the US will...

HMM records US$2 billion in Q1 revenue

South Korean container shipping company HMM has announced solid results in the first quarter of 2025. In particular, HMM reported a 23% revenue jump year-on-year...

Latest Posts

Zodiac’s car carrier still burning, tugs to arrive on 9 June

Zodiac Maritime has appointed Resolve Marine to carry out salvage work on its burning car carrier, Morning Midas. In a press statement released on 5...

GSTS expands in Europe with world’s first AI-powered collaborative optimisation solution

Global Spatial Technology Solutions (GSTS), a maritime AI company, has announced the expansion of its solution offerings to European markets. GSTS has recently established an...

Capesize S&P activity drops around 48%

Written by Rebecca Galanopoulos, Senior Content Analyst at Veson Nautical Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter rates and...

Transpacific container rates starting to spike on demand surge

Logistics markets and supply chains faced another confusing, dramatic few days last week as the US Court of International Trade ruled that President Trump...

BIMCO develops standard clause addressing USTR uncertainties

BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause to address contractual uncertainties arising from the United States...
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