The latest shipping, industry and maritime market developments.
Port activity is moving in sharply different directions around the world as August progresses. The Port of Los Angeles handled 960,464 TEUs…
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The car-carrier sector has moved another step toward a common system for measuring the emissions generated when vehicles are transported by sea.…
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A coordinated 24-hour warning strike disrupted operations across six German seaports, adding a fresh labor shock to northern Europe’s container, automotive, breakbulk,…
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The United Arab Emirates has suspended trade, commercial exchanges and financial transactions with Iran after saying it detected two ballistic missiles launched…
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Marine bunker prices remain elevated entering August 18, with the latest daily index showing VLSFO at $831/mt in Singapore, $660 in Rotterdam,…
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The secondhand ship market is producing unusually strong prices across several vessel classes, with tankers providing the clearest evidence of just how…
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Maersk appears to be moving toward a new phase in its container fleet strategy after years of emphasizing capacity discipline, fleet renewal,…
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A merchant vessel transiting out of the Strait of Hormuz was struck by an unidentified projectile off the coast of Oman, damaging…
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Maritime quantum technology has moved another step out of laboratory testing and into working naval systems after the Royal Navy disclosed a…
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Global shipping costs are climbing across several major trade lanes as conflict, low water and capacity constraints converge at the same time.…
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Sea Legend’s Arctic Express has moved China-Europe container shipping through the Northern Sea Route from an experimental voyage into a scheduled seasonal…
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The weekend maritime conflict map tightened across three major operating zones. In the Gulf, shipping through the Strait of Hormuz slowed again…
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Drewry’s latest World Container Index rose 1% on August 13 to $4,339 per 40ft container, marking the second consecutive weekly increase after…
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Maritime safety incidents have accumulated rapidly during the opening six weeks of the third quarter, ranging from passenger-ferry disasters and vessel fires…
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The Los Angeles Harbor Commission has approved an expansion of the Port of Los Angeles’ clean-ship incentive framework that will increase financial…
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Naval shipbuilding is entering a faster and more politically complicated phase, with the United States now debating overseas allied-yard construction and a…
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A.P. Moller-Maersk has raised its 2026 earnings outlook for the second time this year after stronger container demand, higher freight rates and…
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The LNG carrier market is moving through a sharp reset as South Korea’s SK Shipping prepares to become Asia’s largest LNG carrier…
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Hapag-Lloyd reported an $83 million group profit for the second quarter of 2026, down from $306 million a year earlier, after Middle…
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Ambrey has begun salvage operations on the grounded crude tanker Caroline Bezengi off Oman’s Dhofar coast as oil from the casualty continues…
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